Top 10 Weakest Currencies In The World In 2023

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Iraqi Dinar (IQD)


Iraq's dinar, facing inflation since 1990 and recent political instability, has experienced a decline in value over the past decade.

1 INR = 17 IQD

Ugandan Shilling (USH)


Uganda's past governance issues, particularly under Idi Amin, have impacted economic development,

1 INR =45 UGX 

Paraguayan Guarani (PYG)


Paraguay faces economic downturn due to high inflation, unemployment, poverty,

1 INR =87 PYG 

Guinean Franc (GNF)


Corruption and political instability in Guinea contribute to the weakening of the Guinean Franc over time.

1 INR =105 GNF 

Uzbekistani Som (UZS)


Despite government efforts, economic challenges, including the COVID-19 pandemic, have hindered Uzbekistan's currency value improvement.

1 INR =139 UZS 

Indonesian Rupiah (IDR)


Indonesia's currency devaluation is linked to decreasing foreign exchange reserves and falling commodity prices in the export market.

1 INR =179 IDR

Lao Kip (LAK)


Introduced in 1952, the Lao Kip has historically had a low value. Plans for a Beijing-Laos railway may attract investors, showing promise for future value improvement.

1 INR =212 LAK

Sierra Leonean Leone (SLL)


Poverty, financial scandals, conflicts, and the Ebola crisis have deeply affected Sierra Leone's economy, leading to a devalued Leone

1 INR =278 SLL

Vietnamese Dong (VND)


Vietnam's centralized economy and slow transition to a market economy have kept the dong devalued

1 INR =284 VND

Iranian Rial (IRR)


The aftermath of the Islamic Revolution in 1979, the Iran-Iraq war and nuclear program setbacks

1 INR =516 IRR

Anshul Shrivas

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