BRICS countries are looking to push their local currencies into the top 12 currency list and surpass the US dollar. The attempts to usher the world into a new financial era are ongoing as emerging economies now want to tilt the power from the West to the East. Central banks of developing countries are diversifying their reserves with gold and other assets and cutting down on the USD.
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Emerging economies are displaying a cold shoulder to the US after the recent trade wars and tariffs blow up. They are now looking to safeguard their economies and to help sustain their GDP by themselves. The BRICS bloc is also convincing other countries to use their local currencies more and not the US dollar. The development is strengthening other local currencies making it come under the top 12 currency list.
BRICS: The Latest Top 12 Currency List: Where Does the US Dollar Stand?
The US dollar stands in the 10th position in the recent top 12 currency list as of June 2025. The USD has maintained its position and has not moved up or down in the list. The greenback has remained there for more than three years cementing its dominance without any hindrance. Surprisingly, despite targeting the US dollar at every step, the local currencies of BRICS nations have not made it to the top 12 currency list of 2025.
Also Read: BRICS Moves From US Dollar Debt to RMB Bonds as Japan Buys Russian Oil
Below is the list of the top 12 currencies in the world in 2025:
- Kuwaiti dinar (KWD) – Value in USD: 3.26
- Bahraini Dinar (BHD) – Value in USD: 2.65
- Omani Rial (OMR) – Value in USD: 2.60
- Jordanian Dinar (JOD) – Value in USD: 1.41
- Gibraltar Pound (GIP) – Value in USD: 1.33
- British Pound (GBP) – Value in USD: 1.33
- Cayman Island Dollar (KYD) – Value in USD: 1.20
- Swiss Franc (CHF) – Value in USD: 1.21
- Euro (EUR) – Value in USD: 1.14
- United States Dollar (USD) – Value in USD: 1
- Bahamian dollar (BSD) – Value in USD: 1
- Panamanian balboa (PAB) – Value in USD: 1