Ever wondered what the world’s strongest currency is? The United Nations recognizes around 180 currencies as legal tender but which one holds the most value? Here is the top 10. The strongest currency here is defined as the one that is the most expensive in comparison to the US

M for mobile and pesa is Swahili for money and it is a mobile phone based money transfer service, payments and micro-financing service. It is launched in 2007 by Vodafone Group plc and Safaricom. They are the largest mobile network operator in Kenya. It has since expanded to Tanzania, Mozambique, DRC, Lesotho, Ghana, Egypt, Afghanistan and South Africa. Meanwhile services in India, Romania, and Albania have been terminated due

Before the year 1800, America was not even on the list of top powerful nations. In fact, at that time India and Britain were economically very strong. Sadly, after Independence India could not reclaim its position in the coming years. America was trapped between the civil war and focussed on

The strength of a national currency can affect the country’s domestic economy and international trade activities in various ways. As a lagging indicator, the implications of a strengthening or weakening currency value might differ depending on the economic conditions as well as the economic policies. Domestic Economy Currency strength in

In the domestic economy, the strength of the national currency is calculated as the purchasing power when buying locally produced goods and services. It is based on income and wages reports which reveal the nominal earnings of the citizens. The nominal income value is then adjusted to the inflation rate of the observed period to find the

Currency strength is the relative purchasing power of a national currency when traded for products or against other currencies. It is measured in terms of the quantity of goods and services purchased and the sum of foreign currency received in exchange for one unit of the national currency. Normally the increasing economic value of a currency

The three main factors that determine the value of money are exchange rates, the amount of dollars held in foreign reserves and the value of Treasury notes. The most important single factor determining the value of money is the basic rule of supply and demand. The more demand for a

1. PayPal For merchants who are looking for a low-volume payment processor, PayPal has proven to be a solid choice since it debuted in 1998. On top of having budget-friendly prices, PayPal operates in more than 200 countries and in 26 currencies and allows users to integrate PayPal checkout on

Facebook began rolling out a new payment platform inside its Messenger service, though it was only available to those in New York City and following an option to sign up for Messenger without a Facebook account. The social networking is making the payment option available to everyone across the U.S. The new payment option is similar to