In this article we will tell you about top ten those countries which have cheapest currency value in the world. The list is made after calculating the values of these currencies with USD dollar and after this calculation Iranian Rial is considered as the lowest currency in the world. First the lowest currency in the world was Zambian Kwacha then the Zambian government suspended their official currency and start using USD dollar and South African Rand. The value of currencies of every country depends upon the economy, central bank policy, domestic interest rate and political condition of country.
There are many other countries which have weakest currencies in the world, below is the list of top ten countries with lowest currency value in the world.
Rank | Currency | Country | Value against USD dollar |
---|---|---|---|
1. | Rial | Iran | 24,576 |
2. | Somali Shilling | Somalia | 22,000 |
3. | Dong | Vietnam | 20,837 |
4. | Dobra | São Tomé and Príncipe | 18,770 |
5. | Rupiah | Indonesia | 9,593.0 |
6. | Ruble | Belarus | 8,593.0 |
7. | kip | Laos | 7,966.0 |
8. | Guinean franc | Guinea. | 6,692.6 |
9. | won | North Korea | 6,300 |
10. | kwacha | Zambia | 5,249.9 |
Read More : Top Ten Countries With Most Natural Resources in the World