So we’re back with another post in this week and hoping that it will intrigue you! How does it feel when you know your country’s currency value is more than the another? Today’s post is about the lowest and cheapest currency in the world in 2018. So, we’ll start with from top 10 to the top 1 to be with us until the end of the post and do share your views about them when you’re done reading!
Number 10: Cambodian Riels
This currency is equaled to 1$ USD equals 4058. 1 Cambodian riel equals 0.017 Indian Rupee. Oil is found in the country which can make the currency value increase.
Number 9: Paraguay Currency
Its currency value equals to 1$ USD equals 4615 Guarani. 1 INR equals 83.36 Paraguay Guarani. Its symbol of currency is PYG which was started in the year 1994 and the country is facing a serious issue of with unemployment.
Number 8: Guinean Franc
It’s Its value is equal to 1 US Dollar equals to 6778 GNF with the capital Conakry. 1 Guinean Franc equals 0.0076 Indian Rupee. The number of individuals living there is ten million fifty-seven thousand nine hundred and seventy-five and they communicate with each other in fula and manacle language.
Number 7: Guinea Francs
This one of the cheapest currency is equaled to 1$ USD equals 7092. 1 Guinean Franc equals 0.0076 Indian Rupee. It is said by the experts that the economy of the country would go down with every coming year as it is facing the issue of Ebola which is a deadly disease.
Number 6: Belarusian Ruble
It was introduced for the very first after the disintegration of the Soviet Union in the year 1992 and its value equals to 1 US dollar equals 8593. 1 Belarusian Ruble equals 34.20 Indian Rupee.
Number 5: Indonesia Rupiah
This currency equals to one dollar USD equals 11198 Rupiah. 1 Indonesian Rupiah equals 0.0048 Indian Rupee. Its capital Jakarta is known by all as the largest city in Southeast Asia with a high rate of individuals living there which is almost 8.5 million.
Number 4: Tanzanian Shillings
This one of the cheapest currency equals to $1 US Dollar equals 19430. 1 Tanzanian Shilling equals 0.030 Indian Rupee. Large gas reserves are discovered there which can help in making the value of the currency high.
Number 3: Sao Tome Dobra
19750 Sao Tome Dobra currency is equal to 1 US Dollar. 65 INR equals to 20,000 STD which sends some products including cocoa, cinnamon, coffee and papayas to other countries which is the means of income.
Number 2: Turkmenistan Manat
24000 Turkmenistan Manat is equal to 1 US dollar. 1 Turkmenistan manat equals 19.67 Indian Rupee. This country has the resources of oil and gas resources available but it facing the issue of high poverty.
Number 1: Iran Reals
26905 Reals is equal to 1 US dollar and 1 Iranian Rial equals 0.0016 Indian Rupee which makes it as the cheapest currency of the world in 2018. The number of people living there is high which is almost 75 Million. This currency is called Ezzor and is said by the experts that there are no chances of this currency to get high value in future.
So these were the top and cheapest currency in the world right now! Sounds cool, right?