🌍 World ranking of currencies with the lowest value in 2024 💱

Greetings to crypto enthusiasts! 👋

We present a ranking of 50 countries whose currencies have the lowest value against the US dollar. Many of these countries are experiencing serious economic difficulties, which is reflected in the exchange rate of their national currencies. Analyzing this data is particularly relevant in the context of seeking stable assets to preserve value.

Countries with the Most Depreciated Currencies

1. 🇻🇪 Venezuela — Bolívar (VES) — 1 USD ≈ 4,000,815 VES [high level of crypto adoption]

2. 🇮🇷 Iran — Rial (IRR) — 1 USD ≈ 514,000 IRR

3. 🇱🇦 Laos — Kip (LAK) — 1 USD ≈ 17,692 LAK

4. 🇸🇱 Sierra Leone — Leone (SLL) — 1 USD ≈ 17,665 SLL

5. 🇱🇧 Lebanon — Pound (LBP) — 1 USD ≈ 15,012 LBP [growing crypto adoption]

6. 🇮🇩 Indonesia — Rupee (IDR) — 1 USD ≈ 14,985 IDR

7. 🇺🇿 Uzbekistan — Som (UZS) — 1 USD ≈ 11,420 UZS

8. 🇬🇳 Guinea — Franc (GNF) — 1 USD ≈ 8,650 GNF

9. 🇵🇾 Paraguay — Guarani (PYG) — 1 USD ≈ 7,241 PYG

10. 🇰🇭 Cambodia — Riel (KHR) — 1 USD ≈ 4,086 KHR

Regions with Moderate Devaluation

  1. 🇨🇴 Colombia — Peso (COP) — 1 USD ≈ 3,915 COP

12. 🇺🇬 Uganda — Shilling (UGX) — 1 USD ≈ 3,806 UGX

13. 🇹🇿 Tanzania — Shilling (TZS) — 1 USD ≈ 2,498 TZS

14. 🇲🇬 Madagascar — Ariary (MGA) — 1 USD ≈ 4,400 MGA

15. 🇮🇶 Iraq — Dinar (IQD) — 1 USD ≈ 1,310 IQD

16. 🇻🇳 Vietnam — Dong (VND) — 1 USD ≈ 24,000 VND

17. 🇧🇾 Belarus — Ruble (BYN) — 1 USD ≈ 3.14 BYN

18. 🇵🇰 Pakistan — Rupee (PKR) — 1 USD ≈ 290 PKR

  1. 🇲🇲 Myanmar — Kyat (MMK) — 1 USD ≈ 2,100 MMK

  2. 🇿🇲 Zambia — Kwacha (ZMW) — 1 USD ≈ 20.5 ZMW

  3. 🇳🇵 Nepal — Rupee (NPR) — 1 USD ≈ 132 NPR

22. 🇸🇩 Sudan — Pound (SDG) — 1 USD ≈ 600 SDG

23. 🇸🇷 Suriname — Dollar (SRD) — 1 USD ≈ 37 SRD

24. 🇹🇬 Togo — Franc (XOF) — 1 USD ≈ 620 XOF

25. 🇪🇹 Ethiopia — Birr (ETB) — 1 USD ≈ 55 ETB

Low-cost currencies

26. 🇰🇵 North Korea — Won (KPW) — 1 USD ≈ 900 KPW

27. 🇹🇲 Turkmenistan — Manat (TMT) — 1 USD ≈ 3.5 TMT

28. 🇹🇯 Tajikistan — Somoni (TJS) — 1 USD ≈ 11 TJS

  1. 🇸🇾 Syria — Pound (SYP) — 1 USD ≈ 15,000 SYP

30. 🇬🇭 Ghana — Cedi (GHS) — 1 USD ≈ 12 GHS

31. 🇰🇪 Kenya — Shilling (KES) — 1 USD ≈ 148 KES

32. 🇪🇬 Egypt — Pound (EGP) — 1 USD ≈ 31 EGP

33. 🇱🇰 Sri Lanka — Rupee (LKR) — 1 USD ≈ 320 LKR [growth of interest in crypto assets]

34. 🇲🇼 Malawi — Kwacha (MWK) — 1 USD ≈ 1,250 MWK

35. 🇲🇿 Mozambique — Metical (MZN) — 1 USD ≈ 63 MZN

36. 🇾🇪 Yemen — Rial (YER) — 1 USD ≈ 250 YER

  1. 🇦🇫 Afghanistan — Afghanis (AFN) — 1 USD ≈ 80 AFN

38. 🇰🇬 Kyrgyzstan — Som (KGS) — 1 USD ≈ 89 KGS

39. 🇭🇹 Haiti — Gourde (HTG) — 1 USD ≈ 131 HTG

40. 🇳🇬 Nigeria — Naira (NGN) — 1 USD ≈ 775 NGN [active use of cryptocurrencies]

Relatively stable currencies with low cost

41. 🇲🇩 Moldova — Leu (MDL) — 1 USD ≈ 18 MDL

42. 🇦🇲 Armenia — Dram (AMD) — 1 USD ≈ 410 AMD

43. 🇬🇪 Georgia — Lari (GEL) — 1 USD ≈ 2.85 GEL

44. 🇸🇴 Somalia — Shilling (SOS) — 1 USD ≈ 550 SOS

45. 🇫🇯 Fiji — Dollar (FJD) — 1 USD ≈ 2.26 FJD

46. 🇳🇮 Nicaragua — Cordoba (NIO) — 1 USD ≈ 36.5 NIO

47. 🇧🇩 Bangladesh — Taka (BDT) — 1 USD ≈ 110 BDT

48. 🇰🇿 Kazakhstan — Tenge (KZT) — 1 USD ≈ 470 KZT

49. 🇮🇸 Iceland — Krona (ISK) — 1 USD ≈ 136 ISK

  1. 🇵🇭 Philippines — Peso (PHP) — 1 USD ≈ 57 PHP

The Relationship Between Currency Instability and Digital Assets

It is interesting to note that in countries with the most depreciated currencies ( such as Venezuela, Lebanon, and Nigeria ) there is an increased interest in digital assets. According to recent data, trading volumes on digital exchanges in these regions show significant growth.

For residents of countries with unstable national currencies, digital assets often become a tool for preserving value and protecting against inflation. Modern digital platforms provide access to the global financial market regardless of the state of the local economy.

Each of the listed countries faces unique economic problems, but a common feature is the significant devaluation of the national currency against the US dollar and other stable assets.

Disclaimer: The materials published reflect the opinions of third parties. It is not a financial recommendation.

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