There are 180 currencies recognised as legal tender around the world today, but only a handful are used for international transactions. The most powerful of these dominate global trade, finance, and foreign exchange reserves.

In a recent report, Insider Monkey ranked the world's top currencies based on their forex trade volume, status as a reserve currency, and strength on face value in terms of exchange rate.

Read on to discover the 15 strongest currencies in the world today – and find out facts you may not know about the legal tender that makes the world go around.

All dollar amounts in US dollars.

Where the British pound ranks among the world's strongest currencies