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Currency Facts – Strongest and Weakest Currencies

- Published on 16th February 2020

currency facts

This edition of Currency Facts focuses on the world’s strongest and weakest currencies. Brought to you by our team of currency experts at Leftover Currency.

Which currency is the strongest in the world?

The strongest currency in the world is the Kuwaiti dinar. The value of the national currency of the State of Kuwait has consistently been worth more than three US dollars per Kuwaiti dinar. No other country’s national currency is worth more than three US dollars per unit.

What are the top-5 world's strongest currencies?

These are the five strongest currencies in the world:

Four out of five currencies in the top-5 of the world’s most valued currencies are from countries in the Middle East. The fifth country in the top-5 is the United Kingdom. All five currencies in the top-5 are from oil producing countries.Bahraini Dinar

Which currency is the weakest in the world?

The weakest currency in the world is the Venezuelan Bolívar. The value of the Venezuelan Bolívar is so weak that 50,000 units are worth less than one US dollar. This has consistently been the case, due to the hyperinflation in the South American country. The weakest currency of all times was the Zimbabwean dollar, for which 35 quadrillion units were equivalent to 1 US dollar. The Zimbabwean dollar was demonetized in 2015. 

35 quadrillion = 35,000,000,000,000,000Venezuelan Bolivar

What are the top-5 world's weakest currencies?

These are the five weakest currencies in use today:

Contrary to what you might expect, the least valued currency is the national currency of the world’s largest oil reserve, Venezuela.Vietnamese DongIndonesian Rupiah

Author

Mario Van Poppel

Mario Van Poppel is the founder and director of Leftover Currency. What started as a hobby, collecting world banknotes, evolved into a fulltime job, running a successful online bureau de change. Mario is still a collector of pre-Euro banknotes and a member of the IBNS.