10 Hottest Currencies in the Tropics

Miami Beach, United States, August 19,2019- The tropical zone on the planet covers a great deal of the Earth’s surface as well as is home to a large part of the global population. It is no wonder that some of the largest economies in the world exist in the tropical zone! If you are planning a trip and wondering about the currencies in this part of the world, read on.

United States Dollar

Yes, US makes to this category because of Hawaii. The USD is, not only the most traded currency in the tropical zone, it is also the most traded currency in the world.

Australian Dollar

About 40% of Australia’s landmass extends north of the Tropic of Capricorn. As the Australian dollar is among the top 10 most traded currencies in the world, it’s no surprise to see it so high on our list!

Chinese Yuan Renminbi

China is the world’s second largest economy. The Chinese yuan is the 7th most-held global reserve currency and the 8th most traded currency in the world. A southern part of China lies within the tropical zone; qualifying it for this list.

Mexican Peso

Mexico has the eleventh largest economy in the world (in terms of purchasing power parity) and the tenth largest population in the world. These make Mexico one of the most significant economies in the tropical zone.

Singapore Dollar

Singapore’s economy has feathers in its hat. It boasts of the third highest per-capita GDP in the world in terms of Purchasing Power Parity, a strategically located port and strong exports.

Hong Kong Dollar

Hong Kong is one of the world’s top trading hubs. Its resilient economy makes Hong Kong an excellent example that a country doesn’t need a large population to have a great currency.

Indian Rupee

The second largest population in the world and the sixth largest economy by nominal GDP, put Indian economy in this list. As the Indian economy continues to grow, there’s a great possibility that trading in this currency will only increase!

Brazilian Real

With the fifth largest population and the largest economy in South America, Brazil and its currency are on this list. Yet, despite several highs, the country has also been affected by economic crises.

South African Rand

South Africa is the most industrialized and the second-largest economy in the African continent. The Tropic of Capricorn runs through the middle South Africa’s Limpopo province, bringing the South African rand to this list.

New Taiwan Dollar

One of the wealthiest economies in Asia, Taiwan’s New dollar is at the number 10 position. However, it is yet to be seen how factors, such as diplomatic isolation from the world, a low birth rate and aging population, affect this currency in the future.

If you are looking for the best buy and sell foreign currency exchange rate in Florida, call Florida Currency Exchange at 813-280-9999. At Florida currency exchange service, we offer you the best exchange rates in the area and if you find a lower rate within 100 miles of their locations, we will match it!

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