The World’s Top 20 Weakest and Lowest Currencies

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The majority of the countries on the list of the world’s top 20 lowest, weakest, cheapest, and worst currencies as of December 2021 are third-world, war-torn, and corrupt countries.

Rwandan Franc (RUF)


Rwanda is one of the smallest countries on the African continent, located in Central and East Africa. The Rwandan Franc is ranked 20th among the world’s lowest currencies.

FRW is the currency code for the Rwandan Franc.
1 USD is worth 1,040 FRW.
FRW 50,000 is the highest denomination currency note.
USD 48.08 = FRW 50,000

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Won (Korean currency)


The South Korean Won is ranked 19th among the world’s 20 cheapest currencies.

KRW is the currency code for the South Korean won.
1 USD is equal to 1187 KRW.
KRW 50,000 is the highest denomination currency note.
50,000 KRW = USD 42.12

Iraqi Dinar

Is ranked number 18 among the world’s top 20 weakest currencies.

1 USD = 1,463 IQD is the Iraqi Dinar’s currency code.
IQD 50,000 is the highest denomination currency note.
USD 34.18 = IQD 50,000

The Lebanese Pound

Is a currency used in Lebanon.
The Lebanese Pound is ranked 17th among the world’s worst currencies.

LBP 1 USD = 1516 LBP is the currency code for the Lebanese Pound.
LBP 100,000 is the highest denomination currency note.
LBP 100,000 is equal to USD 65.96.

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Myanmar Kyat

Is the national currency of Myanmar.
Myanmar Kyat is ranked 16th among the world’s top 20 cheapest currencies.

MMK is the Myanmar Kyat’s currency code, and 1 USD equals 1783 MMK.
MMK 10,000 is the highest denomination currency note.
10,000 MMK = USD 5.61

Burundian Franc

Is a currency in Burundi.
The Burundian Franc is ranked 15th among the world’s top 20 cheapest currencies.

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BIF is the currency code for the Burundian Franc. 1 USD equals 2000 BIF.
BIF 10,000 is the highest denomination currency note.
10,000 BIF = USD 5.00

Congolese Franc

The Congolese Franc is ranked 14th among the world’s top 20 weakest currencies.

The Congolese Franc (CDF) has the following currency code: 1 USD = 2002 CDF.
CDF 20,000 is the highest denomination currency note.
20,000 CDF = USD 9.99

Tanzanian Shilling

The Tanzanian Shilling is ranked 13th among the world’s worst currencies.

TZS stands for Tanzanian Shilling, and 1 USD equals 2306 TZS.
TZS 10,000 is the highest denomination currency note.
10,000 TZS = USD 4.34

Ugandan Shilling

The Ugandan Shilling is ranked 12th among the world’s top 20 weakest currencies.

Ugandan Shilling (UGX): 1 USD equals 3550 UGX.
UGX 50,000 is the highest denomination currency note.
USD 14.08 = UGX 50,000

Malagasy Ariary

The Malagasy Ariary is ranked 11th among the world’s top 20 cheapest currencies. It was first released in 2005.

MGA is the Malagasy currency code.
1 USD is worth 3986 MGA.
MGA 10,000 is the highest denomination currency note.
20,000 MGA = $5.02 USD

Colombian Peso

The Colombian Peso is ranked 10th among the world’s top 20 cheapest currencies.

COP 1 USD = 4009 COP is the currency code for the Colombian Peso.
COP 10,000 is the highest denomination currency note.
100,000 COP = USD 24.94

Cambodian Rielt

The Cambodian Riel is ranked ninth among the world’s worst currencies.

The Cambodian Riel (KHR) has the following currency code: 1 USD = 4084 KHR.
KHR 100,000 is the highest denomination currency note.
100,000 KHR = USD 24.76

Paraguayan Guarani

The Paraguayan Guarani is ranked eighth among the world’s top twenty most affordable currencies.

PYG is the code for the Paraguayan Guarani currency.
6 816 PYG = 1 USD
PYG 100,000 is the highest denomination currency note.
PYG 100,000 is equal to USD 14.67.

Guinean Franc

The Guinean Franc is ranked 7th among the world’s top 20 cheapest currencies.

GNF 1 USD = 9476 GNF is the currency code for the Guinean Franc.
GNF 20,000 is the highest denomination currency note.
USD 2.11 = GNF 20,000

Uzbekistani Som

The Uzbekistani Som is ranked 6th among the world’s top 20 cheapest currencies.

1 USD = 10,841 Uzbekistani Som Currency Code: UZS
UZS 50,000 is the highest denomination currency note.
50,000 UZS = USD 4.61

Laotian Kip

The Laotian Kip is ranked fifth among the world’s top 20 weakest currencies.

Laotian Kip (LAK) is the currency of Laos.
1 USD is equal to 11,195 LAK.
LAK 100,000 is the highest denomination currency note.
The current exchange rate is LAK 100,000 = USD 8.93.

Sierra Leonean Leone

Sierra Leonean Leone is at number 4 among the top 20 worst currencies in the world.

Sierra Leonean Leone Currency Code: SLL
1 USD = 11,335 SLL.
The highest denomination currency note = SLL 10,000.
SLL 10,000 = USD 0.88.

Indonesian Rupiah

The Indonesian Rupiah is ranked third among the world’s top 20 weakest currencies.

IDR 1 USD = 14,261 IDR is the currency code for the Indonesian Rupiah.
IDR 100,000 is the highest denomination currency note.
IDR 7.01 = 100,000 KHR

Vietnamese Dong

The Vietnamese Dong is ranked second among the world’s top 20 cheapest currencies.

VND 1 USD = 22,825 VND is the currency code for the Vietnamese Dong.
VND 500,000 is the highest denomination currency note.
USD 21.91 = VND 500,000
The Vietnamese Dong is one of the world’s cheapest currencies.

Iranian Riyal – the weakest currency in the world

The Iranian rial is the world’s cheapest, weakest, and poorest currency.

IRR1 USD = 42,262 IRR1 USD = 42,262 IRR1 USD = 42,262 IRR1 USD = 42,262 IRR1 USD = 42,262
IRR 100,000 is the highest denomination currency note.
IRR 100,000 = $2.37 USD

Surprisingly, the country with the lowest currency has the greatest per capita income among the countries listed above, at USD 20,000 per year.

Source: Google Finance

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