The Indian Rupee and the US Dollar are often compared. Every year, the value of the rupee falls slightly against the dollar. But today, we will tell you about the currency of such countries, whose value is much less than the Indian rupee. Most of these are countries whose economy is weaker than other countries. Let us know about those countries whose currency is the lowest.
Iran
Iran’s currency is considered the weakest currency in the world. The Iranian rial runs here, and the buying and selling take place. You will be surprised to know that one rupee equals 516 Iranian Rial. There are less business opportunities here. Also, the per capita income is not very good. The economy here depends only on agriculture and oil.
Vietnam
Vietnam is a country known for internal conflict. The Vietnamese Dong currency is the second weakest currency in the world. 291 Vietnamese dong can be bought for 1 rupee. However, Vietnam’s economy is growing slowly. It is estimated that in the year 2024, the economy of this country can unwind at the rate of 6.5 per cent.
Sierra Leone
Sierra Leone is one of the most backward countries in West Africa. SLL currency prevails here. One rupee is equal to 239 SLL. To buy a toffee in India, 239 SLL must be spent. The currency of this country is the third weakest currency in the world.
Laos
Laos has the fourth weakest currency in the world. The currency here is also called Lao or Laotian Kip (LAK). Here, 239 Laos are equal to 1 rupee. Currently, it is one of the fastest-growing economies in the world. 50 per cent of the economy here depends on agriculture. At the same time, 40 per cent depends on the industry and 10 per cent on other services.
Indonesia
The industry is growing rapidly in Indonesia. Big companies from outside are coming and camping here. The currency here is weak, so foreign multinational companies invest here. The prevailing currency here is the Indonesian Rupee (IDR), whose value against 1 Indian Rupee is 184 IDR.
