The Leone has been severely affected by years of civil war, Ebola outbreaks, and poor economic infrastructure. The breakdown of the 2015 nuclear deal led to increased international isolation, reducing foreign investment and export earnings. Combined with high domestic inflation and a struggling oil sector, the Rial’s devaluation reflects deep-rooted structural challenges.

I am a happy customer of Bookmyforex, who joined in June 2016 and had never faced any difficulty in getting money transferred. I would recommend Bookmyforex to every student, professional, and tourist who want a stress-free service in this competitive world. Guinea faces slow growth due to ongoing political instability, corruption, and an underdeveloped industrial sector. Despite its wealth of natural resources, the country has failed to diversify its economy, which has kept the value of the Guinean Franc low.

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Although projects like the new railway linking Laos to China may grow its economy, the value remains low due to limited industrial development and reliance on external assistance. The Paraguayan Guarani is in eighth place, with INR 1 equal to 92 PYG. Paraguay faces issues like high prices, poverty, and unemployment, which have made the guarani weak.

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The Dong is one of the cheapest currencies in the world and the Vietnam currency.
The Somali shilling is a weak currency, but this may be about to change, and in a few years, it may not even be on this list.
Guinea as a country faces corruption and political instability that leads to a weakened currency.
Third on the list of the world’s weakest currencies is the Vietnamese dong (VND).

A failed coup attempt⁷, remarkably funded through social media crowdfunding and involving foreign mercenaries, added unexpected pressure to an already struggling currency. Yes, in the 1990s, Poland transitioned from a socialist to a market-based economy⁴. This shift initially led to severe economic hardship, hyperinflation, and a loss of confidence in the weakest currency in the world to inr Polish Zloty.

Lao or Laotian Kip (LAK) 1 INR = 259 LAK

The lowest currencies in the world, such as the Lebanese Pound, Iranian Rial, and Venezuelan Bolívar, struggle due to economic instability, hyperinflation, and political uncertainty. Venezuela’s economic decline is largely attributed to government mismanagement, over-reliance on oil exports, and economic sanctions. The ongoing political crisis and economic instability have further weakened the currency. The Ethiopian Birr (ETB) has faced consistent depreciation, resulting in a steadily declining exchange rate against major currencies. The country relies heavily on imports for essential goods, and high inflation has further weakened the Rupee.

In 1966, the East African Shilling was replaced by the Uganda Shilling. Uganda, a nation in East Africa, suffered a serious setback under Idi Amin’s rule. The president implemented measures, such as immigration laws, that harmed the nation’s economy. The country’s progress is still being hampered by the effects of the president’s economic deterioration. However, the currency’s value has increased in recent years, with devaluations of at most 5%.

Laos remains one of the poorest countries in Southeast Asia, and off the back of the Covid-19 pandemic, was struck by an economic crisis, which caused the kip to undergo massive inflation.
A lower currency value doesn’t necessarily indicate a poor economy but often highlights specific economic challenges or strategies.
The Lao or Laotian Kip is not a devalued currency but one that has had a low rate since its introduction in 1952.

Visit Xe.com to access competitive rates and send money to over 200 countries worldwide.Curious about the top 10 strongest currencies in the world? However, through strong financial reforms, privatization of state-owned enterprises, and integration with the European Union, Poland was able to stabilize its economy and strengthen its currency. By the early 2000s, the Zloty had recovered significantly, attracting foreign investment and improving the standard of living for Polish citizens. The strongest currency in the world might not be what you think it is.

Third on the list of the world’s weakest currencies is the Vietnamese dong (VND). This is mainly because of restrictions on foreign experts, which have also slowed in volume. The country’s Central Bank has also devalued the dong in recent years, as part of efforts to boost exports. Indonesia is an economically stable and quite developed country in Southeast Asia. The country’s regulatory authorities are taking all measures to strengthen the national currency, but all their efforts led only to insignificant changes.

Indonesian Rupiah (IDR)

Therefore, it is crucial to evaluate the exchange rate of INR with other world currencies if you frequently travel outside of India or if you are a Non-Resident Indian (NRI). This will help you in making a wise decision when you want to buy or sell foreign currency in India. The economy of India stands fifth in the world, still, Rupee is under pressure due to inflation, fiscal deficit, and reliance on energy imports.

As the country is susceptible to external shocks, as well as guilty of several human rights violations, this makes the somoni undesirable as a currency. The central currency of Madagascar, the Malagasy ariary replaced the franc in 2005. A weak economy will often dictate a weak currency, but often a weak currency is due to the fact that the currency in question is not in demand. Conflict, isolation and high inflation are often what contribute to a currency’s rapid depreciation. In recent history, the most extreme example of hyperinflation can be seen in Zimbabwe. The inflation rate reached 89.7 sextillion percent (89,700,000,000,000,000,000,000%) and its central bank had to issue a banknote with a denomination of 100 trillion.

Weakest and least valuable currencies in the world for 2025

With the current value of Uzbekistani Som, you get 12,944 UZS against one USD, making it the eighth weakest currency in the world. While the country holds some of the largest oil and gas reserves, it has never recovered since the Soviet era. Regarding the direct contributing factors, the story differs for Uzbekistan; corruption, high inflation, and dependence on commodity exports all contribute to the devaluation of the currency. Sierra Leone relies heavily on commodities like diamonds and agriculture, making its currency vulnerable to fluctuations in the global market. The country consistently faces challenges like high inflation, poverty, and a lack of economic diversification, and therefore, it is currently valued at 22,844 SLL against 1 USD. The country has faced challenges like the Ebola virus outbreak and severe economic downturn in 2015 and 2018, only making things worse for the currency.

Why are some currencies extremely weak?

Most of the weakest currencies in the world share very similar challenges like corruption, political instability, and economic diversification. However, with the right knowledge and insights, you can use these currencies to your advantage and leverage in terms of investment and business expansion. The ongoing civil war in Syria has led to a significant decline in their currency’s devaluation; hence, it is one of the weakest currencies in the world. There has been a significant decrease in foreign remittances and a lack of investment and trade, leading to many residents converting their savings to other currencies to escape inflation.

Tourism and agriculture are Cambodia’s most significant income streams. The country has a dual-currency system, with U.S. dollars also valid as legal tender. Dollars are standard in urban areas and tourist hotspots, so the Cambodian riel is frequently used in remote areas. The Covid-19 pandemic impacted the country’s economy, though the data suggests that Uzbekistan resumed its internal operations in the third quarter of 2022. However, the decrease in industrial output has increased the currency’s future unpredictability.

However, the Vietnamese economy is relatively stable, and the weak currency is more a result of policy choice than economic failure. Since the financial crisis in 2019, followed by the catastrophic Beirut explosion in 2020, Lebanon has experienced hyperinflation, leaving salaries and savings nearly worthless in real terms. The central bank has struggled to maintain foreign reserves, and the black market dominates currency exchange.

Eventually, Zimbabwe was forced to abandon its currency and replace it with the US dollar. Hyperinflation occurs when the prices of goods and services in an economy are experiencing an extreme increase. The purchasing power of the local currency diminishes, and it often leads to a loss of confidence in the currency and economic instability. The title of the world’s weakest currency currently belongs to the Lebanese pound, after the central bank agreed to align the official rate with the unofficial one in early 2024. Uzbekistan’s economic growth has been improving after a series of reforms in the mid-2010s.

Although Vietnam is one of Southeast Asia’s fastest-growing economies, its currency, the Dong, remains weak, trading at approximately 1 INR ≈ 300 VND. The Vietnamese government has long pursued a policy of controlled devaluation to support its export-led economy. This huge inflation means that at the time of writing, 1 pound is the equivalent of 53,817 rials. To remedy the hugely inflated numbers, Iranians have adopted two systems for counting money – rial and tuman. Tuman is a system which simply removes one of the zeros to make counting the inflated currency a lot easier. 500,000 rials is equivalent to 50,000 tumans, and will sometimes appear as 50,000 T.