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.
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 = 35,000,000,000,000,000
What are the top-5 world's weakest currencies?
These are the five weakest currencies in use today:
- Venezuelan Bolívar
- Iranian Rial
- Vietnamese Dong
- Indonesian Rupiah
- Sierra Leonean Leone
Contrary to what you might expect, the least valued currency is the national currency of the world’s largest oil reserve, Venezuela.