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Mar 2, 2024 · Find out which currencies are the cheapest against the US Dollar and Euro in 2024, based on black market and official rates. Learn about the factors that affect the devaluation of these currencies, such as political instability, sanctions, and inflation.
- Iranian Rial (IRR) The Iranian rial is the weakest currency in the world, with 1 rial buying a mere 0.000024 dollar (or, put another way, $1 equals 42,300 Iranian rials).
- Vietnamese Dong (VND) The Vietnamese dong is the second-weakest currency in the world, with 1 dong buying 0.000043 dollar (or $1 equals 23,485 Vietnamese dong).
- Laotian Kip (LAK) The Laotian or Lao kip is No. 3 among the world’s weakest currencies, with 1 kip buying 0.000057 dollar (or $1 equals 17,692 Lao kip).
- Sierra Leonean Leone (SLL) The Sierra Leonean leone is the fourth-weakest currency in the world, with 1 leone buying 0,000057 dollar (or $1 equals 17,665 Sierra Leone leones).
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- Nepal. Nepal is a landlocked country in South Asia that has the world’s lowest currency value compared to the Indian rupee, with 1 INR = 1.60 NPR. Pro Tip: "If you don't like hustle & bustle of the city, advised to stay on the outer side of Thamel center, bit peaceful ,open and yet offers same facilities."
- Sri Lanka. Sri Lanka is an island nation in the Indian Ocean that has a currency that is cheaper than the Indian rupee, with 1 INR = 3.94 LKR. Pro Tip: "If you are looking for Budget trip, try public transport like Trains & Buses.
- Cambodia. Cambodia is a Southeast Asian country that has one of the cheapest currencies in the world, with 1 INR = 49.55 KHR. Pro Tip: "Angkor has no accommodations as such.
- Bolivia. Bolivia is a landlocked country in South America that has a currency that is lower than the Indian rupee, with 1 INR = 0.08 BOB. Pro Tip: "Some neighborhoods in La Paz are UNSAFE and I would not recommend loitering around alone!
May 2, 2024 · 10 Lowest Currency In The World 1. Iranian Rial (IRR) 1 INR = 504.04 IRR. The Iranian rial is the cheapest currency in the world. The fall in its value can be explained by various factors.
- Top 10 cheapest currencies in the world. #Rank, Currency. 1 INR Value. 1 USD Value. #1 Iranian Rial (IRR) 506.76. 42037.50. #2 Vietnamese Dong (VND) 295.77. 24535.00. #3 Lao/Laotian Kip (LAK)
- Vietnamese Dong (VND) 1 Indian Rupee is equal to 286.53 VND. Vietnam has historically operated under a centralised economy, and while efforts have been made to establish a market economy, there is still a long way to go.
- Lao/Laotian Kip (LAK) 1 Indian Rupee is equal to 232.94 LAK. Since its establishment in 1952, the value of the Lao currency has remained relatively low.
- Sierra Leonean Leone (SLL) 1 Indian Rupee is equivalent to 237.59 SLL. Sierra Leone, an African nation, faces severe poverty. The country has a history of scandals, corruption, and wars in Western Africa, including a devastating civil war.
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Jul 3, 2023 · Find out which currencies are the least valuable against the US dollar, based on exchange rates as of July 3, 2023. Learn about the factors that affect the value of these currencies, such as sanctions, inflation, debt and political turmoil.
List of Lowest Currencies in the World. A currency’s value demonstrates the strength and stability of the nation’s economy. This is why currencies of countries with weak economies and failed states attract low value (Lee, 2023).
