Every country has its own currency. The US Dollar (USD) is the most used, reserved, and traded currency in the world. What are the top 10 lowest currencies in the world in 2022? Let’s discover!
Top 10 lowest currencies in the world
Iranian Rial (IRR)
The Iranian Rial (IRR) is the lowest currency in the world. 1 United States Dollar equals. 42,400.00 Iranian Rial as of 30 May 2022. The devaluation of currency started in 1979 after the Islamic Revolution.
Vietnamese Dong (VND)
The Vietnamese Dong (VND) is the second-lowest currency in the world, with 1 United States Dollar equal to 23,180.00 Vietnamese Dong. Although VND is still one of the least valued currencies in the world, there is no longer fear of a massive devaluation.
Indonesian Rupiah (IDR)
The Indonesian Rupiah (IDR) is the third-lowest currency in the world. As of 30 May 2022, 1 United States Dollar equals 14,552.80 Indonesian Rupiah. Indonesia is an economically stable country in Southeast Asia. However, the currency has a very low exchange rate.
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Lao or Laotian Kip (LAK)
Lao or Laotian Kip (LAK) is the fourth-lowest currency in the world. 1 United States Dollar equals 13,252.25 Laotian Kip. It was originally issued with a very low rate.
Sierra Leonean Leone (SLL)
Sierra Leonean Leone (SLL) is the fifth-lowest currency in the world. 1 United States Dollar equals 13,100.00 Sierra Leonean Leone. Sierra Leone is a poor African country.
Uzbekistani Som (UZS)
Uzbekistani Som (UZS) is the sixth-lowest currency in the world. 1 United States Dollar equals 11,001.96 Uzbekistani Som. The rampant inflation situation affected the currency value.
Guinean Franc (GNF)
Guinean Franc (GNF) is the seventh-lowest currency in the world. 1 United States Dollar equals 8,810.96 Guinean Franc. High inflation and poverty devalued the currency of Guinea.
Paraguayan Guarani (PYG)
Paraguayan Guarani (PYG) is the eighth lowest currency in the world. Paraguay is the second poorest South American country. 1 United States Dollar equals 6,847.38 Paraguayan Guarani as of 30 May 2022.
Cambodian Riel (KHR)
Cambodian Riel (KHR) is the ninth-lowest currency in the world. 1 United States Dollar equals 4,051.28 Cambodian Riel. Cambodia still lacks a functioning financial sector.
Colombian Peso (COP)
The Colombian Peso (COP) is the national currency of the Republic of Colombia. It is the tenth-lowest currency in the world. 1 United States Dollar equals 3,933.50 COP. The Colombian peso tumbled around 11 per cent in 2021.
This is the list of the top 10 lowest currencies in the world. What do you think about these currencies? Share your answer in the comment section below.
