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Certain currencies around the world are so weak to the point of being considered worthless and also inconsequential in the global market. The value of a currency of any country reflects the strength and stability of the country’s legal tender issued by its central bank. Currencies of very successful countries around the world tend to increase in value. A high country currency value implies that inflation processes in the said country are under control by the central bank. The popularity of a currency does not guarantee its high value, however. The economic value or dominance of a nation also does not provide that its currency to be the strongest in the world.
Here is the List of weakest currencies in the world in 2023
| Rank | Currency
|
Compared to USD |
| 1.
|
Iranian Rial (IRR) | 1 USD = 42,105 IRR
|
| 2. | Vietnamese Dong (VND)
|
1 USD = 22,926 VND |
| 3.
|
Indonesian Rupiah (IDR) | 1 USD = 14,387 IDR
|
| 4. | Uzbekistani Som (UZS)
|
1 USD = 10,637 UZS |
| 5.
|
Sierra Leonean Leone (SLL) | 1 USD = 10,250 SLL
|
| 6. | Guinean Franc (GNF)
|
1 USD = 9,755 GNF |
| 7.
|
Laotian Kip (LAK) | 1 USD = 9,576 LAK
|
| 8. | Paraguayan Guarani (PYG)
|
1 USD = 6,932 PYG |
| 9.
|
Cambodian Riel (KHR) | 1 USD = 4,084 KHR
|
| 10. | Colombian Peso (COP)
|
1 USD = 3,959 COP |
| 11.
|
Malagasy Ariary (MGA) | 1 USD = 3,904 MGA
|
| 12. | Ugandan Shilling (UGX)
|
1 USD = 3,534 UGX |
| 13.
|
Tanzanian Shilling (TZS) | 1 USD = 2,318 TZS
|
| 14. | Congolese Franc (CDF)
|
1 USD = 2,003 CDF |
| 15.
|
Burundian Franc (BIF) | 1 USD = 1,982 BIF
|
| 16. | Myanmar Kyat (MMK)
|
1 USD = 1,645 MMK |
| 17.
|
Lebanese Pound (LBP) | 1 USD = 1,511 LBP
|
| 18. | Iraqi Dinar (IQD)
|
1 USD = 1,458 IQD |
| 19.
|
South Korean Won (KRW) | 1 USD = 1,145 KRW
|
| 20. | Rwandan Franc (FRW)
|
1 USD = 1,007 FRW |
