Each country has its own national currency in circulation. The list of currencies of the countries of the world is very wide. However, it can be divided into several main groups. So, for example, there is the currency of European countries, African countries, countries of North and South America, as well as Asian countries, Australia and Oceania. In addition, the list of world currencies can be divided into two categories: the most expensive and the cheapest monetary units.

What affects the value of a currency

One of the most important indicators affecting the value of a currency is the presence of a strong and well-developed economy. It must inspire confidence among partners and investors who will invest in government securities. In addition, the availability of minerals and their export by the country has a great influence.

If you carefully study the rating list of currencies of the countries of the world, you will see that the most powerful and expensive are the banknotes of the Arab Peninsula. But, despite this, this currency is of little interest to other countries. This is due to the fact that it directly depends on oil. And this natural resource may run out at a certain time. Accordingly, the income of the exporting country will also fall.

Why is the price of currency falling?

The currency of Vietnam is the dong. The name of this monetary unit is translated as “copper” or “bronze”. But, despite this name, the banknotes themselves are made of special water-repellent paper. This makes them more wear-resistant.

The dobra should be placed in third place on this list of world currencies. The dobra is the currency used in circulation in the Democratic Republic of Sao Tome and Principe. The economy of this state is based on tourism and the cultivation of coffee and cocoa.

In fourth position is the familiar Belarusian ruble. It is often called a “bunny”.

The fifth position in the list of the cheapest currencies in the world is occupied by the rupiah, which is used in Indonesia. In the local dialect, the currency is called "perak". But its official name was taken from

Freely convertible currencies

Some of the most popular currencies accepted for circulation all over the world are the dollar and the euro. But, despite all its popularity, these monetary units are approximately in the middle of the list of the most expensive banknotes in the world. At the same time, the euro is slightly ahead of its counterpart in terms of conversion.

These currencies are reserve currencies for the whole world, thanks to the most stable and developed economies of their countries.

A complete list of the names of the currencies of the world can be found on the official websites of companies that are engaged in the purchase/sale, as well as currency exchange.

The globe is already inhabited by seven billion people - inhabitants of hundreds of countries, the names of some of which are difficult to pronounce, and sometimes completely unknown. Of course, everyone taught (or pretended to) study geography in the school curriculum. However, the topic of today's conversation is not taught at school.

Money is always good, but purchasing power is even better. There is no need to talk about the purchasing power of the ruble; each of us has to deal with this every day. But besides your favorite money, there are many more interesting world currencies, which, in comparison with the ruble, have either greater or (more pleasantly) less weight.

So, top 10 cheapest currencies in the world.

Tenth place. Turkmen manat - 0.0952 Russian rubles.

And for it, a Russian tourist (if, of course, there is one) will have to pay as much as 9 kopecks. One of the fifteen former Soviet republics launched its currency in November 1993. Then the manat replaced it. However, the country does not have the necessary resources to keep the national currency at a decent level, even in relation to the Russian ruble.

Ninth place. Zimbabwean dollar - 7 kopecks.

50,000,000 Zimbabwean dollars.

The country's currency is so unstable, and the rate in relation to other currencies is constantly floating, that it is impossible to predict what will happen tomorrow. For example, this summer the dollar in the country was worth 642 quadrillion Zimbabwean dollars. This incredible number has 24! Zero, and one egg on the country's markets could be purchased for 35 billion local dollars.

Eighth place. Somali shilling - 2 kopecks.

A deep, stagnant period of crisis for the pirate industry is a chronic condition. Since 1962, when Somalia's national currency, the shilling, was issued, it has been on a downhill slide, constantly losing ground.

In seventh place is the Paraguayan Guarani - 0.007034 rubles.

20,000 Paraguayan guarani

This the cheapest currency in the world. No wonder the city of Asuncion, the capital of Paraguay, is recognized as one of the cheapest capitals in the world. The second poorest country in the vastness of South America practically does not even provide its citizens with work. The level of unemployment in the country is simply catastrophic - every third resident is not only unemployed, but also ekes out a miserable existence.

Sixth place. Guinean franc - 0.004148 rub.

The national currency of the Republic of Guinea came into circulation back in 1986, replacing its predecessor, the seli.

With the natural gifts of this country, including gold, diamonds and aluminum, it would be possible to occupy a more worthy place in the ranking.

5000 Laotian kip

5. Laotian kip - 0.003510 rub.

Despite the fact that Laos is a fairly popular tourist route, exchange offices do not favor this currency due to its cheapness. Further proof of this is that it is impossible to exchange the Laotian kip outside your country; this currency is inconvertible.

4. Indonesian rupiah - 0.00339 rub.

Indonesia is the largest Muslim-ruled country in the world, and Jakarta, the capital of Indonesia, is the largest city in Southeast Asia with a population of over 8 million. And even the tourist paradise beloved by Russians, Bali, which is part of the country, did not improve the situation.

3. Domra - 0.003 rub.

The currency of the Democratic Republic of Sao Tome and Principe, this small state that lurks on the coast of Africa, was a former colony of Portugal. Well-known, one of the largest suppliers of coffee and coconuts to the world market, nevertheless it has one of the cheapest currencies.

5000 Iranian reais

2. Iranian real - 0.003 rubles.

The unpopular policy pursued by the country's leadership, flaunting the nuclear threat right and left and endless attacks on Israel, has made the currency of this country incredibly cheap. A gallon of oil is Iran's real currency, not the state-recognized real. Oil costs much more than the national currency, which also does not make it popular in the world.

First place - the cheapest currency in the world.

100,000 Vietnamese dong

And finally, the leader of the race, which took the highest place in the ranking, was the Vietnamese dong, for which you need to pay 0.0016 rubles. Beloved by American tourists, Vietnam has succumbed to the ruthless influence of the West and accepted into its “embraces” a “second” (unofficial) currency - Now throughout the entire country you can pay with “evergreens” almost everywhere.

It was updated due to the three-zero denomination in Sao Tome and Principe, and today - in connection with the five-zero denomination in Venezuela. But for now, the bolivar is devaluing so quickly that with the current exchange rate close to 100 per dollar, becoming 40 times more expensive to get to the top is a piece of cake. It has depreciated almost 100 times since the beginning of the year.

Previously, I had already made tops using pachem in, that is, almost two and a half years ago. Well . AND . Well, the mentioned January 2018. It’s time to update.

Yes, I started with this picture from the Komsomol

It's 2013.

Now a new state. With an image of a banknote closer to 1 dollar at the exchange rate.

1. First place has now gone to the Iranian real with a black market rate of 106,000 and an official rate of 42,000. New sanctions are possible, the exchange rate is growing and cash is also even higher. But... a denomination is coming, either 10 times or 10,000, and the rial will become fog. In principle, Iranians are familiar with fogs; they often post price tags in fogs. But this oil power also has a chance to get out of the shameful first place.

2nd place. Vietnamese dong. The rate is 23 106. Quite stable over the past 5 years. The Dong denomination is unheard of, so he again has a chance to top the rankings... although he is constantly being hindered. This time the oil powers.

3rd place. The Indonesian rupiah, with a rate of 14,350, dipped a little.

4th place. The Franc of the Republic of Guinea overtakes the Laotian kip at 9,000 (running rates)

6th place. Sierra Leonean 8 130 . Jumped from 9th place.

7th place. Here, despite the official rates, let’s take the DPRK won, the last rate I knew was about 8,000 won per dollar. The latest news from Fox Business for the winter of this year also gives a rate of more than 8000... The latest Reuters data is 8100. There is also some “official” 900.

8th place. Uzbek soum with the rate according to the National Bank after denomination

The more money you have, the better. This is the opinion of a significant part of the world's population. However, this does not mean at all that if you have millions in your hands, then you are rich. It all depends on what currency these millions belong to. So in the country of Zimbabwe, almost every resident had banknotes worth 100 trillion Zimbabwean dollars at home, but it was almost impossible to buy anything with them. This currency is considered the cheapest in the world.

Today, this cheapest currency in the world has been completely withdrawn from circulation. The ban on using one's own banknotes in settlements came into force in 2009 on June 30. The reason for this was the collapse of the Zimbabwean economy, which experienced several currency devaluations. In 2008, inflation growth reached a record level for global economic practice of 231 million%. And this is only official data. Other unofficial sources claim that inflation has reached an incredible 6.5 quinquatrigintillion percent.

A little about the fall of the Zimbabwean economy and the fate of the Zimbabwean dollar

In 1980, Zimbabwe declared itself an independent state. And a year later it introduced its own currency – the Zimbabwean dollar. It was offered to the population as an alternative to the banknotes of another state that were in circulation at that time - the Rhodesian dollar.

At that time, the state of Zimbabwe was considered one of the most developed and successful among others located in Africa. Fields were cultivated, crops were harvested, and the products grown were effectively exported abroad. The main export goods were tobacco, tea, cotton and sugar cane. In addition, wheat and corn fields were cultivated here, as well as vegetables for the domestic market.

21.6% of the country's GDP came from industry (processing of agricultural goods, tobacco and textile factories, production of car batteries). Minerals, including gold and diamonds, were mined on a large scale in Zimbabwe.

True, the local black population, despite the economic development of the country, remained below the poverty line. All profits were received by white-skinned farmers - owners of developed farms. This fact inevitably led to clashes of interests of different sectors of society, the coming to power of the new Mugabe government, and reforms that were disastrous for the country’s economy. In just 8 years (2000-2008), the country turned into an importer of necessary food products and the poorest state on the continent.

The Zimbabwean dollar is only a souvenir

In 2009, Zimbabwe's own currency depreciated so quickly that commodity prices rose throughout the day. Taking into account the current crazy inflation, we can give the following example: in the middle of the day, a standard can of cola in a store cost 100 billion Zimbabwean dollars, and after a few hours it was impossible to buy it for less than 150 billion dollars.

The government decided to stop using the national currency, by that time already the cheapest in the world, and to carry out all payments in the harder currencies of neighboring countries and American dollars. This step turned out to be life-saving, and Zimbabwe’s economy slowly began to rise, although the country still maintains its position as one of the most backward states on the African continent.

And banknotes of the Zimbabwean dollar, this cheapest currency in the world, today can only be brought back from a trip to this country as a souvenir. Tourists and collectors are happy to purchase this symbol of an unprecedented economic crisis.

The more money you have, the better. This is the opinion of a significant part of the world's population. However, this does not mean at all that if you have millions in your hands, then you are rich. It all depends on what currency these millions belong to. So in the country of Zimbabwe, almost every resident had banknotes worth 100 trillion Zimbabwean dollars at home, but it was almost impossible to buy anything with them. This currency is considered the cheapest in the world.

Today, this cheapest currency in the world has been completely withdrawn from circulation. The ban on using one's own banknotes in settlements came into force in 2009 on June 30. The reason for this was the collapse of the Zimbabwean economy, which experienced several currency devaluations. In 2008, inflation growth reached a record level for global economic practice of 231 million%. And this is only official data. Other unofficial sources claim that inflation has reached an incredible 6.5 quinquatrigintillion percent.

A little about the fall of the Zimbabwean economy and the fate of the Zimbabwean dollar

In 1980, Zimbabwe declared itself an independent state. And a year later it introduced its own currency – the Zimbabwean dollar. It was offered to the population as an alternative to the banknotes of another state that were in circulation at that time - the Rhodesian dollar.

At that time, the state of Zimbabwe was considered one of the most developed and successful among others located in Africa. Fields were cultivated, crops were harvested, and the products grown were effectively exported abroad. The main export goods were tobacco, tea, cotton and sugar cane. In addition, wheat and corn fields were cultivated here, as well as vegetables for the domestic market.

21.6% of the country's GDP came from industry (processing of agricultural goods, tobacco and textile factories, production of car batteries). Minerals, including gold and diamonds, were mined on a large scale in Zimbabwe.

True, the local black population, despite the economic development of the country, remained below the poverty line. All profits were received by white-skinned farmers - owners of developed farms. This fact inevitably led to clashes of interests of different sectors of society, the coming to power of the new Mugabe government, and reforms that were disastrous for the country’s economy. In just 8 years (2000-2008), the country turned into an importer of necessary food products and the poorest state on the continent.

The Zimbabwean dollar is only a souvenir

In 2009, Zimbabwe's own currency depreciated so quickly that commodity prices rose throughout the day. Taking into account the current crazy inflation, we can give the following example: in the middle of the day, a standard can of cola in a store cost 100 billion Zimbabwean dollars, and after a few hours it was impossible to buy it for less than 150 billion dollars.

The government decided to stop using the national currency, by that time already the cheapest in the world, and to carry out all payments in the harder currencies of neighboring countries and American dollars. This step turned out to be life-saving, and Zimbabwe’s economy slowly began to rise, although the country still maintains its position as one of the most backward states on the African continent.

And banknotes of the Zimbabwean dollar, this cheapest currency in the world, today can only be brought back from a trip to this country as a souvenir. Tourists and collectors are happy to purchase this symbol of an unprecedented economic crisis.