By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Daily Report NigeriaDaily Report NigeriaDaily Report Nigeria
Notification Show More
Font ResizerAa
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Reading: Top 10 Most Weakest Currencies in The World
Share
Font ResizerAa
Daily Report NigeriaDaily Report Nigeria
  • METRO
  • NEWS
  • POLITICS
  • SPECIAL REPORT
  • FACT FILE
Search
  • HOME
  • NEWS
  • POLITICS
  • METRO
  • ENTERTAINMENT
  • SPORTS
  • FACT FILE
  • SPECIAL REPORT
Have an existing account? Sign In
Follow US

Home | Top 10 Most Weakest Currencies in The World

Fact File

Top 10 Most Weakest Currencies in The World

Tare Magbei
Tare Magbei
Published: June 13, 2025
Last updated: June 13, 2025
6 Min Read
Share
Weakest Currencies in The World
SHARE

The weakest currencies in the world have some surprises listed among them.

A robust currency is primarily linked to a steady economy, along with low inflation and interest rates.

However, a weak currency is largely associated with economic instability, coupled with high inflation and interest rates.

The depreciation of these currencies can result in multiple adverse consequences for the nations employing them.

ATTENTION: Click “HERE” to join our WhatsApp group and receive News updates directly on your WhatsApp!

This situation can hinder their ability to import goods and services, potentially leading to shortages and elevated prices.

READ ALSO: Cryptocurrency Surges 20% After Musk Changed Twitter Logo to ‘Meme Dog’

Additionally, it can pose challenges for attracting foreign investments, thereby potentially impeding economic growth.

The following is a list of the top 10 weakest world currencies, provided in no particular order at the time of compiling this report:

Iranian Rial (IRR)

The Iranian Rial is officially the world’s weakest currency, largely attributed to political tensions with the United States and the Iran-Iraq war.

The Iranian Revolution of 1979 caused a significant drop in the Rial’s value due to substantial capital flight during that period.

An estimated $30-40 billion left the country during the revolution.

In 2022, the Rial’s value dropped by 29% following the death of Masha Amini, a 22-year-old Iranian woman, causing international outrage.

As of now, 1 pound is equivalent to 53,817 rials, 1 USD to 42,250 rials, and 1 Naira to 53.76 rials.

Vietnamese Dong (VND)

The Vietnamese Dong is the second weakest currency globally.

Vietnam’s reunification in 1976 led to the unification of the dong in 1978. 

However, miscalculations resulted in inflation reaching 774% in 1986.

Though the dong has since stabilized, the impact of the economic shocks is still evident.

Presently, 1 pound equals 30,483.78 dong, 1 USD equals 23,945 dong, and 1 Naira equals 30.47 dong.

READ ALSO: Cryptocurrency Co-founder, Tiantian Kullander is Dead

Indonesian Rupiah (IDR)

The Indonesian Rupiah is the official currency of Indonesia.

The name is derived from the Sanskrit word for silver, ‘rupyaka.’

Despite efforts to maintain its value, the rupiah has experienced high inflation throughout its history.

The currency was hit hard by the Asian financial crisis of 1997, the 2007-2008 Great Recession, and the Covid-19 pandemic.

At present, 1 pound equals 19,479.47 ru, 1 USD equals -15,311.30, and 1 Naira equals 19.94 rupiah.

Laotian Kip (LAK)

Laos, one of Southeast Asia’s poorest nations, has used the Kip as its currency since 1955.

It replaced the French Indochinese piastre.

Currently, 1 pound is equivalent to 24,552.65 kip, 1 dollar equals 19,260 kip, and 1 Naira equals 25.08 kip.

Sierra Leonean Leone (SLL)

Introduced in 1964, the Sierra Leonean Leone was once stronger than the US dollar in the 1980s but suffered severe depreciation due to inflation during the civil war.

Despite efforts to stabilize the currency, inflation remains high at 37.8%.

As of now, 1 pound is equivalent to 25,153.30 SLL, 1 dollar equals 17,750 SLL, and 1 Naira equals 25.86 SLL.

Paraguayan Guarani (PYG)

The Guarani, created in 1943, is Paraguay’s national currency, divided into 100 céntimos, which are no longer in use due to inflation.

Plans to revalue the currency in 2011 were suspended.

At present, 1 pound equals 9,260, 1 USD equals 7,266.78, and 1 Naira equals 9.46.

Uzbekistan Sum (UZS)

The Sum, Uzbek for ‘pure,’ is Uzbekistan’s official currency, with the country having the “world’s most worthless coin.”

Despite being weak, Uzbekistan has implemented economic reforms to support its economy.

Currently, 1 pound equals 15,392.30 sum, 1 USD equals 12,075 sum, and 1 Naira equals 15.72 sum.

READ ALSO: Naira: Stop Domestic Transactions in Foreign Currency, Peter Obi Tells CBN

Burundian Franc (BIF)

The Burundian franc became the country’s currency in 1916, with its own francs issued in 1964 after using the Belgian Congo currency.

Despite strong food production, the franc remains weak, and the country relies heavily on humanitarian aid.

At present, 1 pound is 3,610.66 Franc, 1 USD is 2,833 Franc, and 1 Naira is 3.69 franc.

Congolese Franc (CDF)

The Congolese franc serves as the currency for the Democratic Republic of Congo, with its value plummeting due to the country’s economic decline since the 1980s.

Conflicts and economic stagnation have further hindered its development.

As of now, 1 pound is equivalent to 3,146.72, 1 USD equals 2,468.50, and 1 Naira equals 3.21 Franc.

Venezuelan Bolivar (VEF)

The Bolívares, named after Simón Bolívar, was stable until the adoption of a floating exchange rate in 1964, leading to rapid depreciation.

Hyperinflation struck in 2012, reaching 65,374% in 2018, though it reduced to around 400% in 2023 amid ongoing hyperinflation.

Presently, 1 pound equals 4,026,235.39 bolívares, 1 USD equals 3,164,299.91 bolívares, and 1 naira equals 4,120.69 bolívares.

Please note that these currency equivalents are accurate as of the time this report was filed and may change over time.

 

For publication of Press Releases, Statements, and Advert Inquiries, send an email to info@dailyreport.ng
TAGGED:EconomyInflationworld currencies
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest Updates

Finest Online Gambling Establishments that Accept Bitcoin Down Payments
News
Benue Links Bus Attacked, Passengers Kidnapped In Okpokwu | Daily Report Nigeria
Benue Links Bus Attacked, Passengers Kidnapped In Okpokwu
News
War Doesn’t Solve Problems – Pope Leo Warns Amid Iran Escalation
War Doesn’t Solve Problems – Pope Leo Warns Amid Iran Escalation
News
How Goodluck Jonathan Ruined My Family, Career - Sule Lamido
Presidency Slams Lamido Over June 12 Claims, Defends Tinubu’s Pro-Democracy Role
Politics
Nigeria Claim Double Gold at African Flag Football Championship | Daily Report Nigeria
Nigeria Claim Double Gold at African Flag Football Championship
Sports

TOPIC

2023 Elections Abuja Accident AFCON Anambra APC Arrest ASUU ASUU Strike Atiku Abubakar Bandits Bayelsa BBNaija Biafra Boko Haram Bola Ahmed Tinubu Bola Tinubu Breaking News Breaking News Nigeria Burna Boy Burutu CBN Celebrity news Chelsea Coronavirus court covid-19 Crime Daily Report Ng Daily Report Nigeria Daily Sports News Davido Delta Delta state DSS Education EFCC Elections English Premier League EPL Family federal government FG FIFA World Cup Football Fraud Godwin Emefiele Goodluck Jonathan Governor Nyesom Wike Gunmen Health Ifeanyi Okowa Imo INEC Insecurity IPOB IYC JAMB Kaduna Kidnap Labour Party Lagos Lagos State Manchester United Marriage Muhammadu buhari Music NASS NDDC NDLEA Niger Delta Nigeria NLC Nnamdi Kanu NNPC Nollywood Nyesom Wike Olusegun Obasanjo Pastor PDP Peter Obi Police Politicians President Bola Ahmed Tinubu President Muhammadu buhari Professor Yemi Osinbajo Protest Rape Reno Omokri Rivers State Senate Sheriff Oborevwori Social Media Suicide Super Eagles Tinubu Top Stories Twitter Victor Osimhen Zamfara

You Might Also Like

10 Deadliest Plane Crashes in History | Daily Report Nigeria
Fact File

10 Deadliest Plane Crashes in History

June 15, 2025
List of 45 Visa-free Countries To Travel To With Nigerian Passport | Daily Report Nigeria
Fact File

List of 45 Visa-free Countries To Travel To With Nigerian Passport

June 14, 2025
5 Things Every Woman Should Know About Vagina Discharge | Daily Report Nigeria
Fact File

5 Things Every Woman Should Know About Vagina Discharge

June 15, 2025
WTO: Okonjo-Iweala Speaks on Postponed Decisive Meeting | Daily Report Nigeria
News

WTO: Okonjo-Iweala Speaks on Postponed Decisive Meeting

June 13, 2025
© Daily Media N Publishing LTD. All Rights Reserved.
  • Home
  • About Us
  • Adverts With Us
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?