Latest list of top 10 Lowest, cheapest, and weakest currency value in the world from 2020 to 2021.
Most people don’t know which are the lowest, cheapest, and weakest currencies in the world. However, the majority of people are informed on the strongest currencies in the world. This is because of the fact that the highest and strongest currencies are mostly traded across the world.
Lowest Value Currency In The World 2020
Today, the world’s lowest valued currency is the Venezuelan Sovereign Bolívar. Apart from the Venezuelan Bolívar, the Iranian Rial is also one of the weakest currencies in the world in 2020. There are several factors that affect the stability of a nation’s currency value. For example, the system of governance, economic instability, budget deficits, and so on. Here is a comprehensive article that will enlighten you about the main causes of weak currencies in the world today.
Last but not least, it’s good to note that the list beneath is compared to the United States currency. This is because of the fact that the U.S. dollar is the most traded currency in the world today. Here is a full list of the most traded currencies in the world in 2020.
In summary, we will list the top 10 lowest and cheapest currency or currencies in the world from 2020 to 2021. Then, we shall state their exchange rates against the U.S. dollars. Have a look at the list from our findings of the lowest and cheapest currency or currencies in the world in 2020.
The Lowest Currencies in the World 2020
- Venezuelan Sovereign Bolívar (198,928.65 VES/USD).
- Iranian Rial (44,925 IRR/USD).
- Vietnamese Dong (23,267.71 VND/USD)
- Indonesian Rupiah (14,785.73 IDR/USD).
- Uzbek Sum (10,133.16 UZS/USD).
- Sierra Leonean Leone (9,781.13 SLL/USD).
- Guinean Franc (9,415.39 GNF/USD).
- Lao or Laotian Kip (9,000.12 LAK/USD).
- Paraguayan Guarani (6,584.58 PYG/USD). And finally,
- Cambodian Riel (4,102.79 KHR/USD).
Also, you may have a look at the list of the highest and strongest currencies in the world right now. In conclusion, we shall keep you posted on the top 10 lowest and cheapest currency value list in the world in 2020.