The Lowest Currencies in the World । Worlds Weakest Currency | Cheapest currency in the world
Photo Credit: Wikifactz
The Lowest Currencies in the World । Worlds Weakest Currency | Cheapest currency in the world
Do you know that there are different currency values at different places in the world? There is a lot of different currency in every country. You will be surprised to see its range of so different and so much mind blowing. Suppose you are packing your bag and you are sitting on the flight with only 100 Indian rupees, then there is an country place where if you fight landed, then your 100 Indian rupees will become 59,000 IRR. So which currency is this? This is Iranian Rial! The World's Weakest Currency...
When you go to Iran, there currency is Iranian Rial. If we talk about dollars, then $ 100 equals to 42,00,000 IRR. Suppose if you go to Iran with only 2000 rupees, then it will be equal to 10 lakh IRR. That means in 2000 rupees you will become a millionaire.
There is also currency known as Vietnamese Dong! This is the currency of Vietnam. If you take 100 rupees there, it will become 31,715 VND there.
Indonesian Rupiah is another currency, it may sound like a rupees but it is Rupiah. There is 19,800 Indonesian Rupiah for 100 Indian rupees. All this was the country in which there is much value of Indian rupees.
Worlds Strongest Currency:
Talking about the world's strongest currency, it is Kuwaiti Dinar! You will get Indian rupees comparison on Google but what will happen if we compare IRR with Kuwaiti Dinar?
So there 1 Kuwaiti Dinar becomes 1,39,525 IRR in Iran. If a Kuwait resident comes to Iran with 1 Kuwaiti Dinar in his pocket, he will get 1 million Iranian Rial. 10 Kuwaiti dinars become 15 lakh IRR in Iran.
People also ask
What is weakest currency in the world?
TOP 10 - The Lowest World Currencies in 2022
- #1 – Iranian Rial (~320,500 IRR/USD)
- #2 – Vietnamese Dong (23,376 VND/USD)
- #3 – Lao or Laotian Kip (15,106 LAK/USD)
- #4 – Indonesian Rupiah (15,038 IDR/USD)
- #5 – Sierra Leonean Leone (13,314 SLL/USD)
- #6 – Uzbek Sum (10,961 UZS/USD)
- #7 – Guinean Franc (8,711 GNF/USD)
What is the second weakest currency?
Iranian Rial. The Iranian Rial ranks as the second weakest currency in the world.
Why Japanese yen is so weak?
1. Why is the yen so weak? The biggest reason is the US move toward higher interest rates, while Japanese rates remain low, making dollar-denominated assets more attractive for investors.
Why is Iran currency so low?
The rial's new low came as U.S. sanctions against the country are still in force. Iran's economy is struggling mightily mostly because of the U.S. pullout from the 2015 nuclear deal between Iran and world powers that restored sanctions on Iran's oil and banking sectors
What is the richest currency in the world?
The Kuwaiti dinar is the official currency of Kuwait and the most valuable currency in the world. Kuwait is a small country situated between Saudi Arabia and Iraq. Owning large oil reserves and significant oil exports to the global market, Kuwait is one of the wealthiest counties on earth.
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