![]() ![]() The Uzbekistan government has employed several means to improve the country’s economy. This country has one of the weakest economies and, consequently, a weak currency. The country is getting its value depreciated year by year. There’s a lot of corruption and political instability in the country which has led to their currency becoming weak. The Guaraní is currently the least valuable currency unit in the Americas.Īlso Read: Currencies Comparison: World Currencies vs Indian Currency Exchange Rate #7 – Guinean Franc (GNF) All these factors have had a negative influence on the currency. A disastrous economic downturn resulted in high inflation, corruption, high unemployment rate, and an increase in poverty. PYG is the national currency unit of Paraguay. However, the last few years has seen improvement in the currency’s value, with no more than 5 percent of devaluation. The impact of the economic weakening that occurred under the president is still creating obstacles in the country’s development. The president developed policies that negatively contributed to the country’s economy, including immigration policies. ![]() A country of East Africa, Uganda has witnessed a severe setback under the governance of Idi Amin. The currency falls among the least valuable currencies of the world today. The Uganda Shilling was introduced in 1966 after it replaced the East African Shilling. Related Post: Top 10 Countries with the Highest Currency Value in the World: 2022 Edition #9 – Ugandan Shilling(USH) ![]() As of today, 1 INR equals to 18.25 IQD whereas 1 USD is equal to 1459.86 IQD. There’s been a lot of political instability in the country in the past decade. ![]() It is issued by the Iraqi Central Bank and is subdivided into 1,000 fils, but since 1990, inflation has made the fils redundant. Looking for the weakest currency in the world? Here’s a list of the top 10 cheapest currencies in the world updated till now. The Rates/Data are from Xe.com and BookMyForex Live Rate card. The question is, “Where would you be a millionaire by exchanging a single banknote?” Which are these least valuable currencies in the world compared to the India Rupee?īookMyForex has compared the list of World’s 10 least valuable currencies in 2022. Isn’t it a novel feeling? Your new ₹2000 note will make you a millionaire. Imagine exchanging your ₹500 note and getting 2,50,000 worth of the local currency of some other country. ![]()
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