What Is The Lowest Currency In The World
Camila Farah
This is because of the multiple political problems in venezuela right now.
Lowest currency in the world ugandan shilling. Iran currency is so low because their economy is weak local banks financial difficulties and high demand for us dollars among iranians due to low exports of oil and other items. Congolese franc occupies the last position among the top fifteen lowest currencies in the globe since one united states dollar is traded at 1696 cdf. List of top 10 lowest currencies in the world 2020 1.
1 usd to 42 105 00 irr. Iranian riyal is the lowest weakest cheapest and poorest currency in the world as of february 2020 as 1 usd can be exchanged with 42105 irr. Why is iran currency so low. The ugandan shilling ux is the currency used by people in uganda and the fourth on the list.
It currently exchanges at 3 694 15 ugandan shilling to 1. The ariary is the currency of madagascar. The iranian rial is the currency of iran and it is the weakest currency in the world. Iranian rial is the world s lowest currency.
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Likewise the iranian rial is the second lowest and weakest currency in the world today or in the year 2020. The iranian rial is the most cheapest of the world s currency. Today the world s lowest valued and cheapest currency is the venezuelan sovereign bolívar. One us dollar is equal to the 24 875 iranian riyals the value so less of the iranian riyal is due to its relation to the us and the global economic sanctions that had been imposed on it along with its restricted transactions.
The vietnamese dong is the currency with the third lowest value in the world. 42 105 00 iranian rial is exchanged with 1 us dollar. The highest denomination currency note of iranian riyal is 100 000 which is equivalent to 2 38 usd. The congolese franc currency symbol is fc.
At the moment the dong takes second place in our poorest currencies list. This is an irony considering the fact that iran is blessed with oil. 1 lowest currency in the world 2018 iranian rial irr currency code irr 1 inr 591 82 irr irr or toman is the currency of iran. Presently venezuelan sovereign bolívar is the weakest lowest and cheapest currency in the world in 2020.
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It is one of the poorest nations on the globe where it s per capita revenue is as low as 785 000 us dollars yearly.Source : pinterest.com