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The Weakest Currencies In The World. - Business - Nairaland

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The World’s Weakest Currencies 2020 / 25 Most Expensive World Currencies In 2019 / Top 10 Weakest Currency In Africa (See List) (2) (3) (4)

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The Weakest Currencies In The World. by Nomyth: 9:37pm On Feb 23, 2022
Sao Tome and Principe ($1 = 14,350 dobra):

This small island off the western coast of Africa can also lay claim to NOT having the worst economy in the world, even though it’s close. As the second smallest nation on the continent, Sao Tome and Principe exports cocoa, palm kernels, and coffee.

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Re: The Weakest Currencies In The World. by Nomyth: 9:39pm On Feb 23, 2022
Vietnam ($1 = 16,975 dong):


With perhaps the worst named currency in the world, at least according to western ears, this former foe and ally have had a tough time of it financially, though a recent rise in tourism helps. Visitors are normally asked to pay for everything in dollars.

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Re: The Weakest Currencies In The World. by Nomyth: 9:40pm On Feb 23, 2022
Turkmenistan ($1 = 24,000 manat):


This former Soviet republic has significant oil and gas resources and starkly high poverty. What else would you expect with the misfortune of receiving a power mad “president for life,” Saparamurat Niyazov as your first leader? His forward thinking included abolishing opera, ballet, AIDS, and other scourges. Thankfully he’s dead now.

Re: The Weakest Currencies In The World. by Nomyth: 9:42pm On Feb 23, 2022
Somalia ($1 = 35,000 shillings):



What do you do when your deathbed economy can’t seem to catch a break? Some countries, like the US, turn to government bailouts. Somalia decided to try widespread piracy on the high seas as a means to create a flourishing nation. So far, not so good.

Re: The Weakest Currencies In The World. by Nomyth: 9:43pm On Feb 23, 2022
Zimbabwe ($1 = 642,371,437,695, 221,000):




We’re not sure what comes after trillions – zillions? Our experts tell us it’s actually quadrillions. Either way, it costs $35 million Zimbabwe dollars to buy an egg. If you plan to emigrate, maybe you should try for Somalia instead. At least they’re still on the charts.

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Re: The Weakest Currencies In The World. by soundOsonic: 9:45pm On Feb 23, 2022
Nawa o, and we want kill ourselves for nigeria. Anyway Sha we can't compare Nigeria with these countries.
Nigeria is not the poverty capital of the world. This white men just tag the most populous black nation poverty capital just to remind themselves that the black race is poor
Re: The Weakest Currencies In The World. by Nomyth: 9:45pm On Feb 23, 2022
BELARUSIAN RUBLE



Belarusian republic is the emigrant country after USSR collapse in 1992. This country created its own national currency known as Belarusian Ruble that is still falling as per its exchange rate (currently, 1 USD = 20,486
Belarusian Ruble). High taxes and inflation, as well as corruption and political restrictions, led to significantly low price for this currency inside the global market.

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Re: The Weakest Currencies In The World. by Nomyth: 9:46pm On Feb 23, 2022
INDONESIAN RUPIAH


Unexpected on our list of top 10 lowest currency in the world. Simply put, Indonesia is economically stable and developed country in South East Asia, though the currency has a low exchange rate, despite all effort to make it strong by the economic team in the country. A USD is worth 13,425 Indonesian Rupiah.

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Re: The Weakest Currencies In The World. by Nomyth: 9:48pm On Feb 23, 2022
GUINEAN FRANC



The Guinean Franc is the currency of Guinea, a country in Africa. Considering the natural resources of the country such as gold, adamant and aluminum, the country’s
currency is supposed to be of high value but due to the high inflation rate as well as the progressing poverty and gangsters prosperity, the currency is being devalued. 9,120 GuineanFrancs are exchanged for 1 USD.

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Re: The Weakest Currencies In The World. by soundOsonic: 9:49pm On Feb 23, 2022
Nawa o
Re: The Weakest Currencies In The World. by Nomyth: 9:51pm On Feb 23, 2022
PARAGUAYAN GUARANI


Paraguay is the second poorest country in South America. It is characterized by what can be said to be a disastrous economic downturn. The high rate of inflation, corruption, low education quality, an enormous number of poor people, high unemployment rate, etc are the problems bedeviling the country. Paraguay exports cotton and soybean but this is hardly enough to cover expenses. 5,757.5 Paraguayan Guaraní is equal to 1 USD.

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Re: The Weakest Currencies In The World. by Nomyth: 9:53pm On Feb 23, 2022
SIERRA LEONEAN LEONE



Sierra Leone is a very poor African country which handled out many serious tests and this caused the local currency to devalue. The country has also experienced war and also the outbreak of the Ebola Virus. 5,605 Sierra Leonean Leone is exchanged with 1 USD. Weakest currencies in the world.



****copied.

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Re: The Weakest Currencies In The World. by dawnomike(m): 9:59pm On Feb 23, 2022
Nice informative thread...

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Re: The Weakest Currencies In The World. by lordm(m): 10:03pm On Feb 23, 2022
Respect Nigeria and her Naira.
Re: The Weakest Currencies In The World. by moshoodn(m): 10:08pm On Feb 23, 2022
Zimbabwe...

That's what you get when you're on the Z-list.

They had better go the way of the Cedis. Let them take a cue from Ghana.

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Re: The Weakest Currencies In The World. by Kazeem47(m): 10:22pm On Feb 23, 2022
Some people will say the list is not complete without Nigeria.
Re: The Weakest Currencies In The World. by richmanrichard: 5:58am On Feb 24, 2022
soundOsonic:
Nawa o, and we want kill ourselves for nigeria. Anyway Sha we can't compare Nigeria with these countries.
Nigeria is not the poverty capital of the world. This white men just tag the most populous black nation poverty capital just to remind themselves that the black race is poor
don't let ignorance deceive you. almost all d countries listed here are better than Nigeria. Vietnam for instance is far ahead than Nigeria in development. infact they pay u in dollars over there and not their local currency. Nigerians are dying just to grab their visas to go teach,buy goods& equally work in their companies which really pays good. The only ones we are better than are just Zimbabwe n serra lone
& Somalia which are all africa

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