2. Vietnamese Dong with the currency code VND is the official currency of Vietnam. It is the second weakest currency in the world as of October 2018. 1 USD can be exchanged with 23,309 Dongs.
Almost every one of the generation living in their 30’s knows well about the famous war of Vietnam. That war was a defeat for the superpowers but it ruined the economy of Vietnam at large.
A good breakfast costs 30,000 VND on an average and when converted this cost is less than 2 Dollars. Two Dollars are not enough money even to buy a Muffin in the USA. The highest denomination currency note issued by the State Bank of Vietnam is 500,000 Dongs which is equivalent to 21.45 USD.
1. Iranian Riyal with the currency code IRR is the official currency of Iran. Irani Riyal is the weakest currency in the world as of October 2018. 1 USD can be exchanged with 42,105 Irani Riyals.
The sanctions imposed on Iran have damaged its economic condition they are also the major reason for the downfall of Iran Currency as well. The Iranian Riyal has lost around 100% of its value in the exchange rate in the preceding 5 years.
The highest denomination currency note of Iranian Riyal is 100,000 which is equivalent to 2.38 USD. Amazingly, the country with the weakest currency has the per capita income of USD 20,000 per annum which is highest among countries of the top 20 weakest currencies.
Tag: Blog , Information , Weakest Currencies