Currencies better than the US dollar
For several years now, the US dollar has been losing its leading position in the foreign exchange market, as more and more countries and investors seek alternatives for storing capital.
Until recently, the euro was considered the main alternative to the dollar, but this currency has also lost some credibility due to the European Union's debt problems and the unstable economic policies of individual members of the bloc.
A logical question arises: which currencies today can be considered truly reliable and liquid, taking into account not only international recognition but also the level of government debt, the stability of the banking system, and investor confidence?
A ranking that shows the size of a country's external debt and the reasons for the stability of its currency will help you get an idea of the world's most interesting currencies.
World Currencies Attractiveness Ranking
| # | Flag | Currency | Reasons for stability | National debt |
|---|---|---|---|---|
| 1 |  |
Swiss franc (CHF) | Minimal inflation, strong banking sector | ≈40% of GDP |
| 2 |  |
Singapore dollar (SGD) | Tight monetary policy, high domestic debt | ≈165% of GDP* |
| 3 |  |
Norwegian krone (NOK) | Oil revenues, wealth fund | ≈35% of GDP |
| 4 |  |
Canadian dollar (CAD) | G7 economy, stable financial sector | ≈110% of GDP |
| 5 |  |
Swedish krona (SEK) | Low external debt, financial transparency | ≈45% of GDP |
| 6 |  |
Japanese yen (JPY) | High liquidity, reserve currency | ≈260% of GDP |
| 7 |  |
Chinese yuan (CNY) | Growing recognition, export strength | ≈80% of GDP |
| 8 |  |
Australian dollar (AUD) | Raw materials exports, flexible Central Bank policy | ≈100% of GDP |
*In Singapore, debt is mostly domestic and does not carry classic debt risk.
* — In the case of Singapore, the debt is almost entirely domestic and is linked to investments by the sovereign wealth fund, so it does not carry classic debt risk.
While the US dollar remains the world's primary reserve currency, its dominance no longer appears absolute.
Investors are increasingly diversifying their savings into the franc, Norwegian krone, Canadian dollar, and Singapore dollar—currencies backed by real assets, balanced budgets, and transparent central bank policies.
For those seeking a combination of reliability and liquidity , the optimal strategy is to diversify your currency basket: some Swiss francs, some Canadian or Singapore dollars, and a small share in gold or commodities.
