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.TOP 10 - The Weakest World Currencies in 2019

TOP 10 - The Weakest World Currencies in 2019

 Most people know about the strongest, most stable and powerful world currencies, for example British Pound Sterling, Swiss Franc (Swissie), US Dollar, Euro and others (see TOP 10 the strongest currencies).

These Currencies are the most stable – as well as the countries issuing them are.

However, what about the least valued world currencies? Who knows their names and what countries they are issued in…?

While making this list, we found it definitely hard to put in proper order the least valuable currencies, due to the fact that the economic situation is changing rapidly in all these countries.

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However, it is possible to identify certain devalued national currencies at the moment. Thus, let’s look at 10 the cheapest foreign currencies against the US Dollar.

 The exchange rates of the least valued currencies were updated on 13 Jan 2019.

 

No. 1 – Iranian Rial (1 USD = ~112,000 IRR)   Currency code – IRR

1 USD = 41,994 IRR (official rate)   1 USD = ~112,000 IRR (black market rate)

The Iranian Rial is officially the least valued currency in the world.

To simplify the calculations, citizens often use the term Toman, which means 10 rials. If you’re asked to pay 200 tomans, it means that your bill is 2,000 Rials.

The Iran-Iraq War, threats against Israel as well as the possibility of nuclear missiles threatening the world from the Iranian government caused world superpowers to force economic and political sanctions.

To continue reading, please go to the original article at

https://fxssi.com/top-10-of-the-weakest-world-currencies-in-current-year

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