The list of the weakest currencies in the world is a particularly unpleasant one; by default it carries tales of economic woes, and poverty which are caused by poor planning, myopic decision making, and escalating corruption.
Countries that fall under this category often have weak judicial systems, poor social integration, and sometimes they are faced with the outbreak of violence. These types of situations are not ideal for investments which drive economic growth.
Without the economic growth, the opposite usually takes place; the countries find themselves grappling with poverty, and with the loss of value of their currencies.
Top 100 Lowest Currencies In The World
1: Iranian Rial
580,000 – 600,000 IRR / 1 USD
The rial is the world’s weakest currency due to decades of severe economic sanctions targeting Iran’s nuclear program. These sanctions cripple oil exports, cause hyperinflation, and isolate its banking system. The economy faces immense pressure, with the official rate far diverging from the unofficial market value.
2: Venezuelan Bolívar
5,000,000 – 6,000,000 VES / 1 USD
Venezuela’s bolívar has been devastated by hyperinflation, a consequence of years of economic mismanagement, crashing oil prices, and political turmoil. The currency has undergone multiple redenominations. The economy remains in a deep crisis, with severe shortages and mass emigration, rendering the bolívar virtually worthless internationally.
3: Vietnamese Dong
25,000 – 26,000 VND / 1 USD
Vietnam’s dong is historically weak due to a conscious government policy of a managed float to maintain export competitiveness. However, the economy itself is robust, growing rapidly with strong foreign investment and manufacturing exports. The weak currency is a strategic tool, not a sign of a failing economy.
4: Indonesian Rupiah
16,500 – 17,200 IDR / 1 USD
As a large, developing economy, Indonesia has a high-volume, low-value currency. The rupiah’s value is influenced by global commodity prices, inflation, and dollar strength. The government manages it carefully to control the cost of imports and maintain stability for its growing and diverse economic base.
5: Lao Kip
22,000 – 23,500 LAK / 1 USD
The Lao kip is non-convertible and extremely weak, reflecting Laos’s struggling economy. High public debt, inflation, and a limited export base (primarily hydropower and mining) strain its value. The currency is rarely used outside the country, with the US dollar and Thai baht preferred.
6: Uzbek Som
13,000 – 14,000 UZS / 1 USD
Since liberalizing its economy, Uzbekistan has allowed the som to devalue significantly to reflect its true market value. This move away from a Soviet-era overvalued official rate aims to attract foreign investment and boost exports, particularly of gold, cotton, and natural gas, despite causing short-term inflation.
7: Sierra Leonean Leone
23,000 – 24,500 SLL / 1 USD
Sierra Leone’s leone reflects an economy heavily reliant on mineral exports (like diamonds and iron ore), making it vulnerable to commodity price swings. High inflation, poverty, and recovery from civil war and the Ebola epidemic continue to challenge economic stability and the strength of its currency.
8: Guinean Franc
9,500 – 10,000 GNF / 1 USD
Guinea’s franc is weak due to political instability, corruption, and reliance on bauxite and alumina exports. While mineral wealth provides some economic potential, inflation and infrastructure challenges prevent broader prosperity. The currency’s value remains low, impacting the population’s purchasing power for imported goods.
9: Paraguayan Guaraní
7,600 – 7,900 PYG / 1 USD
Paraguay has a stable, growing economy based on agriculture and energy exports. The guaraní is weak numerically due to historical inflation, but its devaluation has been relatively controlled. This weakness supports its export-driven growth model, making its products like soybeans and beef cheaper on world markets.
10: Cambodian Riel
4,200 – 4,300 KHR / 1 USD
Cambodia’s economy is highly dollarized; the US dollar is used for most large transactions. The riel primarily serves as small change, explaining its low value. The economy grows from garment exports, tourism, and agriculture, but the currency’s role remains limited within its own financial system.
11: Ugandan Shilling
3,900 – 4,100 UGX / 1 USD
Uganda’s shilling faces pressure from high population growth, inflation, and reliance on agricultural exports like coffee, which are subject to price volatility. While economic growth is steady, the need to import oil and manufactured goods creates a constant demand for dollars, weakening the local currency.
12: Malagasy Ariary
4,700 – 4,900 MGA / 1 USD
Madagascar’s ariary is one of the world’s weakest currencies, reflecting the island nation’s severe poverty and political instability. The economy is highly vulnerable to climate shocks and depends on low-value agricultural exports like vanilla. This results in persistent inflation and a chronically weak currency.
13: Burundian Franc
2,900 – 3,100 BIF / 1 USD
Burundi is one of the world’s poorest countries, and its franc reflects its landlocked, underdeveloped economy. Heavily dependent on agriculture (mostly coffee), it faces chronic food insecurity, political tensions, and high inflation. These factors severely limit the currency’s value and economic prospects.
14: Colombian Peso
4,200 – 4,400 COP / 1 USD
Colombia’s peso is a freely floating currency whose value is heavily influenced by global oil prices, as petroleum is a key export. When oil prices fall, the peso weakens significantly. Domestic factors like inflation and interest rates also play a major role in its valuation.
15: Iraqi Dinar
1,400 – 1,450 IQD / 1 USD
The Iraqi dinar’s value is almost entirely tethered to the country’s oil production and global crude prices. Political instability and security concerns further hinder economic diversification. Revenue from oil exports is used to support the currency and fund government spending, creating a fragile dependency.
16: North Korean Won
1,200 – 1,300 KPW / 1 USD (Official)
The North Korean won is artificially maintained by the state and is non-convertible. Its official rate is meaningless. The actual value is drastically lower on black markets, reflecting the nation’s isolated, state-controlled, and struggling economy, which is crippled by international sanctions and a focus on military spending.
17: Chilean Peso
980 – 1,020 CLP / 1 USD
Chile is a stable, developed economy, but its peso is weak numerically. As the world’s top copper exporter, its currency is highly correlated with the metal’s price. A weak peso benefits its massive mining sector, making exports more competitive despite increasing the cost of imports.
18: Hungarian Forint
380 – 400 HUF / 1 USD
Hungary’s forint, an EU member state currency, is influenced by its economic policy diverging from the ECB. High inflation has prompted the central bank to maintain a higher interest rate, which impacts the currency’s value. Its weakness also reflects its emerging market status within Europe.
19: Romanian Leu
4.7 – 4.9 RON / 1 USD
As a member of the European Union, Romania aims to eventually adopt the euro. The leu’s relative weakness reflects its status as an emerging economy within the bloc. It is influenced by regional economic performance, EU fund inflows, and domestic political and fiscal policies.
20: Icelandic Króna
140 – 145 ISK / 1 USD
Iceland’s króna is weak due to the legacy of the 2008 financial crisis, where its banking system collapsed. The currency is not pegged and is prone to volatility. The economy is stable but small and isolated, with inflation controlled through high interest rates, impacting the currency’s value.
21: Mongolian Tögrög
3,400 – 3,550 MNT / 1 USD
Mongolia’s tögrög reflects an economy heavily dependent on mining, particularly coal and copper. Currency value fluctuates with commodity prices and foreign investment levels. Economic vulnerability to external shocks and inflationary pressures contribute to the tögrög’s weakness, though growth prospects remain tied to mineral exports.
22: Serbian Dinar
108 – 112 RSD / 1 USD
Serbia’s dinar is managed by the National Bank of Serbia, which intervenes to control volatility. The economy shows steady growth with increasing foreign direct investment, but the dinar remains weak due to regional economic challenges and the need to maintain export competitiveness in European markets.
23: Kenyan Shilling
145 – 155 KES / 1 USD
Kenya’s shilling faces pressure from high public debt, inflation, and dependence on agricultural exports and tourism. While Nairobi serves as a regional financial hub, economic inequality and infrastructure challenges contribute to the currency’s weakness, despite efforts to stabilize through monetary policy.
24: Nigerian Naira
1,450 – 1,600 NGN / 1 USD
Africa’s largest economy recently floated its currency, leading to significant devaluation. The naira suffers from oil dependency, inflation, and dollar scarcity. Economic reforms aim to attract investment, but structural challenges and security issues continue to pressure the currency’s value in foreign exchange markets.
25: Rwandan Franc
1,300 – 1,380 RWF / 1 USD
Rwanda’s franc reflects a landlocked economy working toward becoming a middle-income nation. While the country shows impressive growth and stability, the currency remains weak due to limited natural resources, dependence on imports, and the need to maintain competitive exports in regional markets.
26: Armenian Dram
390 – 410 AMD / 1 USD
Armenia’s dram has stabilized after years of fluctuation. The economy shows resilience through tech sector growth and remittances, but the currency remains weak due to regional geopolitical tensions, border closures, and dependence on Russian economic connections. Inflation management remains a key central bank priority.
27: Albanian Lek
95 – 100 ALL / 1 USD
Albania’s lek reflects a small, open economy making gradual progress. While tourism and energy exports show growth, the currency remains weak due to high informality, emigration, and reliance on remittances. EU integration prospects provide long-term stability hopes, but economic transformation remains ongoing.
28: Pakistani Rupee
280 – 300 PKR / 1 USD
Pakistan’s rupee faces severe pressure from political instability, high inflation, debt burdens, and balance of payment crises. IMF programs provide temporary relief, but structural economic issues, energy shortages, and security challenges continue to undermine currency stability and investor confidence in the South Asian nation.
29: Sri Lankan Rupee
300 – 330 LKR / 1 USD
Sri Lanka’s rupee collapsed during the 2022 economic crisis and remains fragile. High debt, depleted reserves, and political uncertainty continue to challenge recovery. While IMF support provides a framework for stabilization, the currency reflects an economy undergoing difficult structural reforms and austerity measures.
30: Tanzanian Shilling
2,600 – 2,750 TZS / 1 USD
Tanzania’s shilling is relatively stable but weak, reflecting an economy dependent on agriculture, mining, and tourism. Infrastructure investments and natural gas development offer growth potential, but the currency faces pressure from inflation, limited industrialization, and the need to maintain export competitiveness.
31: Nepalese Rupee
135 – 140 NPR / 1 USD
Nepal’s rupee is pegged to the Indian rupee, reflecting close economic ties with its large neighbor. The currency’s weakness stems from remittance dependence, political transition challenges, and limited industrial base. Tourism potential remains underdeveloped due to infrastructure constraints and geographic challenges.
32: Myanmar Kyat
2,300 – 2,500 MMK / 1 USD
Myanmar’s kyat has deteriorated significantly since the 2021 military coup. International sanctions, political chaos, and economic collapse have devastated currency value. The official rate diverges dramatically from black market rates, reflecting an economy in crisis with limited prospects for near-term recovery.
33: Bangladeshi Taka
118 – 122 BDT / 1 USD
Bangladesh’s taka reflects a rapidly growing but inflationary economy. The currency is managed to maintain garment export competitiveness, a key growth driver. While economic progress continues, the taka faces pressure from energy import needs, climate vulnerability, and infrastructure deficits despite impressive poverty reduction.
34: Mauritian Rupee
45 – 47 MUR / 1 USD
Mauritius’s rupee reflects a upper-middle-income island economy dependent on tourism, financial services, and sugar exports. The currency is relatively stable but weak due to geographic isolation, import dependency, and economic vulnerability to global shocks like pandemics and financial crises affecting its key sectors.
35: Moldovan Leu
17.8 – 18.5 MDL / 1 USD
Moldova’s leu reflects Europe’s poorest economy, facing challenges from energy dependency, political instability, and emigration. EU candidate status provides reform momentum, but the currency remains weak due to corruption challenges, agricultural dependence, and geopolitical tensions related to the Transnistria conflict.
36: Haitian Gourde
135 – 145 HTG / 1 USD
Haiti’s gourde reflects a nation in profound crisis. Political violence, natural disasters, and economic collapse have destroyed currency value. Hyperinflation, fuel shortages, and gang control of key infrastructure prevent normal economic functioning, with the US dollar effectively replacing the gourde for many transactions.
37: Zambian Kwacha
23 – 25 ZMW / 1 USD
Zambia’s kwacha suffers from debt distress and copper dependency. Recent debt restructuring provides relief, but the currency remains volatile due to mining sector dominance, climate impacts on agriculture, and structural economic challenges. Currency weakness reflects an economy overly dependent on mineral wealth.
38: Egyptian Pound
30.5 – 32.5 EGP / 1 USD
Egypt’s pound has undergone significant devaluation due to chronic dollar shortages, high inflation, and massive foreign debt. IMF support requires flexible exchange rates, but the currency remains under pressure from import dependency, military-dominated economy, and investor concerns over economic reform commitment.
39: Mongolian Tugrik
3,400 – 3,550 MNT / 1 USD
Mongolia’s currency (same as #21, typically listed once) reflects an economy balancing mineral wealth with vulnerability. The tugrik fluctuates with coal and copper prices, with economic diversification remaining limited. Banking sector weaknesses and boom-bust cycles contribute to currency instability despite rich natural resource endowment.
40: Dominican Peso
58 – 60 DOP / 1 USD
The Dominican peso reflects one of Latin America’s fastest-growing economies. Tourism, mining, and manufacturing drive growth, but the currency remains weak due to inflation, dollarization of large transactions, and economic vulnerability to external shocks affecting tourism and remittance flows.
41: Kyrgyzstani Som
88 – 92 KGS / 1 USD
Kyrgyzstan’s som reflects a remittance-dependent economy with limited resources. Gold mining and agricultural exports provide some stability, but the currency faces pressure from political instability, regional trade dependency, and economic integration with Russia, which absorbs many migrant workers and determines remittance flows.
42: Thai Baht
36 – 37 THB / 1 USD
Thailand’s baht is managed but reflects an economy facing structural challenges. Tourism dependence, political uncertainty, and aging demographics pressure the currency. Once stronger, the baht has weakened due to prolonged economic underperformance and competitive devaluation concerns within Southeast Asian export markets.
43: Macedonian Denar
56 – 58 MKD / 1 USD
North Macedonia’s denar is stable but weak, reflecting a small landlocked economy undergoing EU integration. Automotive and textile exports drive growth, but the currency faces challenges from political tensions, brain drain, and the slow pace of European integration reforms necessary for economic convergence.
44: South Korean Won
1,350 – 1,380 KRW / 1 USD
South Korea’s won is weak numerically but reflects a advanced, export-driven economy. The currency is managed to maintain competitiveness against Japanese and Chinese rivals. Semiconductor and automotive exports benefit from won weakness, though the Bank of Korea intervenes to prevent excessive volatility.
45: Kazakhstani Tenge
460 – 480 KZT / 1 USD
Kazakhstan’s tenge is a free-floating currency heavily influenced by oil prices. As Central Asia’s largest economy, currency management balances inflation control with export competitiveness. The tenge remains weak due to resource dependency, regional economic integration challenges, and need for economic diversification beyond energy.
46: Tajikistani Somoni
11.0 – 11.5 TJS / 1 USD
Tajikistan’s somoni reflects one of Central Asia’s poorest economies. Massive remittance dependence from Russia migrants makes the currency vulnerable to Russian economic conditions. Limited exports, authoritarian governance, and infrastructure challenges prevent economic diversification, maintaining pressure on the currency.
47: Jamaican Dollar
155 – 160 JMD / 1 USD
Jamaica’s dollar has stabilized after IMF-led reforms reduced debt burdens. Tourism and mining drive growth, but the currency remains weak due to historical inflation, crime impacts on investment, and vulnerability to climate events and global tourism fluctuations that affect the small island economy.
48: Ethiopian Birr
56 – 58 ETB / 1 USD
Ethiopia’s birr is heavily controlled, with multiple exchange rates. Africa’s second-most populous economy shows growth but faces currency pressure from debt distress, conflict recovery, and inflation. Recent IMF engagement may lead to devaluation as part of economic reform requirements for financial support.
49: Georgian Lari
2.7 – 2.8 GEL / 1 USD
Georgia’s lari reflects a reform-oriented economy gaining investor attention. Tourism and transit revenues support stability, but the currency remains weak due to regional tensions, import dependency, and remittance fluctuations. EU candidate status provides reform momentum for this Caucasus nation seeking European integration.
50: Philippine Peso
56 – 58 PHP / 1 USD
The Philippine peso reflects a robust economy driven by remittances, services outsourcing, and manufacturing. The currency is weak due to deliberate policy maintaining export competitiveness, high import needs, and inflation management. Strong growth fundamentals contrast with currency weakness aimed at supporting employment in export sectors.
51: Bulgarian Lev
1.78 – 1.82 BGN / 1 USD
Bulgaria’s lev is pegged to the euro through a currency board arrangement, ensuring remarkable stability. As an EU member, it aims to adopt the euro. The economy shows steady growth, but the lev’s fixed rate reflects the country’s convergence path rather than market fluctuations.
52: Brazilian Real
5.2 – 5.5 BRL / 1 USD
Brazil’s real faces volatility due to political uncertainty, fiscal challenges, and commodity dependence. As a large emerging market, its currency reacts to global risk sentiment. High interest rates aim to combat inflation but also contribute to the real’s weakness against the dollar.
53: Turkish Lira
32 – 35 TRY / 1 USD
Turkey’s lira has experienced dramatic devaluation due to unorthodox monetary policies, high inflation, and political influence over central bank decisions. Currency controls and depleted reserves further undermine confidence. The lira’s weakness reflects an ongoing economic crisis with profound impacts on Turkish living standards.
54: Moroccan Dirham
10.0 – 10.2 MAD / 1 USD
Morocco’s dirham operates within a controlled float band, gradually moving toward flexibility. The currency reflects an economy balancing agriculture, tourism, and manufacturing exports. Relative stability comes from cautious monetary policy, though drought conditions and European economic slowdowns create periodic pressure on the currency.
55: Belarusian Ruble
3.2 – 3.4 BYN / 1 USD
Belarus’s ruble is heavily managed and dependent on Russian economic support. Sanctions related to the Ukraine conflict and political repression have isolated the economy. The currency’s artificial stability masks economic weakness, with true value better reflected in parallel market rates.
56: Ukrainian Hryvnia
40 – 42 UAH / 1 USD
Ukraine’s hryvnia is stabilized through massive international support and capital controls during wartime. Before the conflict, it floated freely. The currency’s management aims to preserve financial stability amid enormous economic disruption, with reconstruction needs likely influencing its medium-term trajectory.
57: Azerbaijani Manat
1.7 – 1.72 AZN / 1 USD
Azerbaijan’s manat is pegged to a dollar-euro basket, providing stability through oil fund reserves. This oil-dependent economy uses currency management to control inflation and mitigate energy price volatility. Diversification challenges maintain the petrocurrency’s vulnerability to external energy market shocks.
58: Peruvian Sol
3.8 – 3.9 PEN / 1 USD
Peru’s sol reflects a minerals-based economy with strong institutions and inflation targeting. Political instability occasionally pressures the currency, but prudent fiscal management and copper price strength provide support. The sol’s relative stability contrasts with many regional currencies.
59: Malaysian Ringgit
4.6 – 4.8 MYR / 1 USD
Malaysia’s ringgit is Asia’s worst-performing currency, pressured by political uncertainty, divergent interest rate policies, and China’s economic slowdown. As a commodity exporter, it suffers from lower energy prices. The central bank maintains a managed float while advocating for currency stability.
60: New Taiwan Dollar
31.5 – 32.5 TWD / 1 USD
Taiwan’s dollar reflects a robust tech export economy, particularly semiconductors. The central bank manages volatility to maintain export competitiveness against South Korean and Japanese rivals. Geopolitical tensions with China create occasional currency pressures despite strong economic fundamentals.
61: Czech Koruna
22.5 – 23.5 CZK / 1 USD
The Czech koruna is a free-floating currency with one of Europe’s most hawkish central banks. High interest rates aim to control inflation, making the koruna sensitive to ECB policy divergence. The economy’s industrial export orientation benefits from currency weakness.
62: Norwegian Krone
10.5 – 11.0 NOK / 1 USD
Norway’s krone is a petrocurrency that has weakened despite oil price strength. Interest rate differentials with the Fed and energy transition concerns pressure the currency. The world’s largest sovereign wealth fund provides underlying stability but doesn’t prevent cyclical currency weakness.
63: Swedish Krona
10.4 – 10.8 SEK / 1 USD
Sweden’s krona has hit historic lows due to housing market concerns, negative interest rates until recently, and risk aversion toward European currencies. The export-dependent economy benefits from currency weakness, though inflation concerns prompt cautious Riksbank policy normalization.
64: Danish Krone
6.85 – 6.95 DKK / 1 USD
Denmark’s krone is pegged to the euro via the ERM II mechanism, maintaining exceptional stability. The central bank adjusts interest rates to maintain the peg rather than control inflation. This policy reflects Denmark’s EU integration while avoiding euro adoption by popular vote.
65: Mexican Peso
17.5 – 18.5 MXN / 1 USD
Mexico’s peso has outperformed expectations due to nearshoring benefits, high interest rates, and strong remittances. The currency reflects close ties to the US economy, with manufacturing exports benefiting from trade diversification. Previous volatility has given way to unusual stability.
66: South African Rand
18.5 – 19.5 ZAR / 1 USD
South Africa’s rand is a proxy for emerging market risk sentiment. Load-shedding (power blackouts), political uncertainty, and structural economic challenges pressure the currency. Commodity exports provide some support, but the rand remains volatile due to domestic and global factors.
67: Polish Złoty
3.95 – 4.10 PLN / 1 USD
Poland’s złoty reflects Central Europe’s largest economy. EU funds support development, though rule-of-law disputes delay transfers. The currency faces pressure from energy transition costs and regional geopolitical concerns, but generally maintains stability through inflation targeting and gradual monetary normalization.
68: Israeli New Shekel
3.6 – 3.8 ILS / 1 USD
Israel’s shekel has weakened due to judicial reform uncertainty, security concerns, and budget deficits. Previously strong from tech exports and current account surpluses, the currency now faces unprecedented volatility as investors reassess geopolitical and governance risks.
69: Argentine Peso
950 – 1,100 ARS / 1 USD
Argentina’s peso suffers from the world’s highest inflation rates, capital controls, and multiple exchange rates. The official rate is largely fictional, with parallel rates far higher. Economic crisis and policy unpredictability make the peso a chronic underperformer despite IMF support.
70: Russian Ruble
90 – 100 RUB / 1 USD
Russia’s ruble has weakened due to wartime sanctions, energy export restrictions, and massive military spending. Capital controls and energy revenues initially supported the currency, but structural isolation from Western markets and increased import needs create sustained pressure on the exchange rate.
71: Indian Rupee
83 – 85 INR / 1 USD
India’s rupee is managed against a basket of currencies, with the RBI smoothing volatility. Strong growth and foreign investment inflows are balanced by oil import needs and dollar strength. The rupee shows remarkable stability given emerging market pressures and global uncertainty.
72: Canadian Dollar
1.32 – 1.37 CAD / 1 USD
Canada’s dollar is a commodity currency influenced by oil prices and Bank of Canada policy. Housing market concerns and US economic divergence create weakness. The currency typically trades in a range, reflecting close economic integration with the United States.
73: Australian Dollar
1.48 – 1.53 AUD / 1 USD
Australia’s dollar is a risk-sensitive commodity currency. Chinese economic performance significantly impacts its value due to mineral exports. Interest rate differentials with the Fed and global risk sentiment create volatility, though the currency maintains its status as a major traded currency.
74: Singapore Dollar
1.34 – 1.38 SGD / 1 USD
Singapore’s dollar is managed against a undisclosed basket of currencies. This trade-weighted approach provides stability for the global trading hub. Monetary Authority of Singapore policy focuses on price stability rather than interest rates, making the currency a regional safe haven.
75: Hong Kong Dollar
7.78 – 7.83 HKD / 1 USD
Hong Kong’s dollar is pegged to the US dollar within a narrow band, ensuring stability for the financial center. The system requires massive reserves to maintain, but provides certainty for international business despite occasional speculation during periods of China-related stress.
76: Swiss Franc
0.85 – 0.88 CHF / 1 USD
Switzerland’s franc is a traditional safe-haven currency, appreciating during global uncertainty. The SNB intervenes to prevent excessive strength that harms exports and tourism. Negative interest rates were recently abandoned, but the franc remains among the world’s strongest currencies.
77: Euro
0.92 – 0.96 EUR / 1 US
The euro is the second-most traded currency, reflecting the Eurozone’s economic weight. ECB policy divergence from the Fed, energy security concerns, and fragmentation risks create volatility. The currency remains a reserve asset despite periodic crises among member states.
78: Japanese Yen
105 – 112 JPY / 1 USD
Japan’s yen has weakened dramatically due to the Bank of Japan’s ultra-loose monetary policy while other central banks tightened. The currency serves as a funding currency for carry trades, with weakness supporting export competitiveness but raising import costs for the resource-poor nation.
79: Chinese Yuan
7.1 – 7.3 CNY / 1 USD
China’s yuan is managed against a basket of currencies within a controlled band. Economic slowdown, property crisis, and capital outflows pressure the currency downward. The PBoC manages gradual depreciation while preventing sudden moves that could trigger financial instability.
80: British Pound
0.78 – 0.82 GBP / 1 USD
Britain’s pound has recovered from post-Brexit and Trudget lows but remains volatile. Bank of England policy divergence, economic stagnation, and productivity challenges pressure the currency. The pound retains reserve status but no longer enjoys its historical premium.
81: Kuwaiti Dinar
0.30 – 0.31 KWD / 1 USD
The world’s strongest currency, backed by immense oil wealth and a large sovereign wealth fund. Its high value stems from consistent trade surpluses and a peg to a diversified currency basket, ensuring exceptional stability and purchasing power.
82: Bahraini Dinar
0.376 – 0.378 BHD / 1 USD
Pegged to the US dollar and backed by oil revenues and a developing financial sector. Its stability is maintained through conservative monetary policy and support from neighboring Gulf states.
83: Omani Rial
0.384 – 0.385 OMR / 1 USD
Among the world’s strongest currencies, pegged to the dollar and supported by oil and gas exports. Its stability reflects prudent hydrocarbon revenue management.
84: Jordanian Dinar
0.709 – 0.710 JOD / 1 USD
Maintains remarkable stability through a US dollar peg despite limited natural resources. Conservative monetary policy and a robust banking system support its value.
85: Cayman Islands Dollar
0.80 – 0.83 KYD / 1 USD
Pegged to the US dollar at a premium, reflecting the territory’s status as a global financial hub. Banking and tourism revenues support the strong currency.
86: Gibraltar Pound
0.78 – 0.82 GIP / 1 USD
Pegged at par with the British pound sterling, reflecting the territory’s close ties to the UK. Stability is maintained through prudent fiscal management.
87: Brunei Dollar
1.34 – 1.35 BND / 1 USD
Pegged to the Singapore dollar at par, reflecting close economic ties. Oil and gas exports provide fundamental support, with stability maintained through substantial foreign reserves.
88: Libyan Dinar
4.80 – 4.90 LYD / 1 USD (Official)
Operates with multiple exchange rates due to political fragmentation and oil production volatility. Substantial hydrocarbon reserves provide potential support if political stability is achieved.
89: New Zealand Dollar
1.60 – 1.65 NZD / 1 USD
A risk-sensitive currency influenced by dairy prices and Reserve Bank policy. It experiences volatility based on global risk sentiment and agricultural export performance.
90: US Dollar
1 USD / 1 USD
The world’s primary reserve currency, benefiting from the size of the US economy and deep financial markets. Its strength reflects interest rate differentials and global safe-haven demand.
91: Fijian Dollar
2.20 – 2.25 FJD / 1 USD
Reflects a small island economy dependent on tourism. The currency is managed against a weighted basket, with vulnerability to natural disasters creating periodic pressure.
92: Papua New Guinea Kina
3.70 – 3.80 PGK / 1 USD
Reflects a resource-rich but underdeveloped economy. Mineral exports support the currency, but economic mismanagement and political instability create volatility.
93: Tongan Pa’anga
2.30 – 2.35 TOP / 1 USD
Pegged to a weighted currency basket, reflecting dependence on remittances and aid. Economic vulnerability to natural disasters maintains currency weakness.
94: Vanuatu Vatu
120 – 125 VUV / 1 USD
Operates without a central bank. The currency reflects a small island economy vulnerable to climate events and limited diversification.
95: Samoan Tala
2.70 – 2.75 WST / 1 USD
The currency of Samoa is pegged to a basket of currencies and is managed by the Central Bank of Samoa. The economy relies on remittances, tourism, and agricultural exports, which influence the tala’s stability.
96: Solomon Islands Dollar
8.20 – 8.40 SBD / 1 USD
The currency reflects an economy dependent on logging and fishing exports. Its value is influenced by commodity prices and developmental aid, with limited foreign exchange reserves creating volatility.
97: Maldivian Rufiyaa
15.40 – 15.60 MVR / 1 USD
The rufiyaa is pegged to the US dollar within a managed float. The currency’s stability is heavily tied to the tourism industry, making it vulnerable to global travel disruptions.
98: Nepalese Rupee
135 – 140 NPR / 1 USD
Pegged to the Indian rupee, reflecting close economic ties. The currency’s weakness stems from remittance dependence and a limited industrial base.
99: Haitian Gourde
135 – 145 HTG / 1 USD
Reflects a nation in profound crisis. Political violence and economic collapse have destroyed currency value, with the US dollar effectively replacing it for many transactions.
100: Mozambican Metical
63.00 – 64.00 MZN / 1 USD
The metical has faced significant devaluation due to hidden debt scandals, economic instability, and reliance on commodity exports. High inflation and cyclones have further weakened the currency, though natural gas projects offer potential future stability.
Related:
- Top 10 Poorest Countries in the Western Hemisphere
- DOLLAR TO NAIRA EXCHANGE RATE TODAY BLACK MARKET
- Top 10 Highest Currencies in Africa
- Top 100 Highest Currencies In The World
Closing
This exploration of the world’s currencies reveals that numerical value is merely a surface feature, a historical artifact of denomination. True economic strength lies not in the exchange rate number itself, but in the underlying stability, governance, and productive capacity it represents. A weak currency can be a strategic tool for a growing export economy or the symptom of profound crisis; a strong currency can indicate deep financial reserves or deflationary pressures.
Ultimately, this list is a snapshot of global economic diversity—a complex interplay of policy, history, geography, and global market forces. It serves as a reminder that behind every exchange rate are the real economies and living standards of nations, each on their own unique path of development and challenge.