Question: Which Country Currency Has Lowest Value?

In which country Indian rupee has lowest value?

Uzbekistan.

Djibouti.

Yemen.

Sri Lanka.

1 Rupee = 2.18 Sri Lankan Rupee.

Nepal.

1 Rupee = 1.60 Nepalese Rupee.

Belarus.

Belarus (1 INR = 268 Belarusian Rubles) …

South Korea.

1 Rupee = 16.52 South Korean Won.

Laos.

1 INR = 120.35 Laotian Kip.More items…•.

What is the world’s weakest currency?

Iranian rialOnce again, the world’s weakest currency is the Iranian rial. Iran has experienced a significant economic downturn due to numerous sanctions. Without the ability to export petroleum to the global market (worth about 70% of annual income), Iran now faces a huge deficit in its national budget.

Will rupee get stronger in 2020?

New Delhi: Fitch Solutions on Tuesday revised down its forecast for the Indian rupee, saying the currency will average 77 per US dollar in 2020 and 80 in 2021 amid ongoing global risk-off sentiment and likely steep monetary easing.

What is the strongest currency in the world 2020?

Top 10: Strongest Currencies in the World 2020#1 Kuwaiti Dinar [1 KWD = 3.27 USD] … #2 Bahraini Dinar [1 BHD = 2.65 USD] … #3 Omani Rial [1 OMR = 2.60 USD] … #4 Jordanian Dinar [1 JOD = 1.41 USD] … #5 Pound Sterling [1 GBP = 1.30 USD] … #6 Cayman Islands Dollar [1 KYD = 1.20 USD] … #7 Euro [1 EUR = 1.18 USD] … #8 Swiss Franc [1 CHF = 1.10 USD]More items…•

Which country has highest currency value?

Kuwaiti1. Kuwaiti dinar. Known as the strongest currency in the world, the Kuwaiti dinar or KWD was introduced in 1960 and was initially equivalent to one pound sterling. Kuwait is a small country that is nestled between Iraq and Saudi Arabia whose wealth has been driven largely by its large global exports of oil.

Is South Korea cheap for Indian?

India is 64.0% cheaper than South Korea.

What is the highest currency in the world?

Kuwaiti Dinar1. Kuwaiti Dinar, Highest Currency in the World. Kuwaiti Dinar holds the reputation of being the strongest currency in the world. Abbreviated to KWD, Kuwaiti Dinar is commonly used in oil based transactions in Middle East.

Why is Kuwait currency so strong?

Indian expat community is very strong in Kuwait, hence the reason for being a popular currency pair. Kuwaiti Dinar has been the highest currency of the world for a while now because of the oil rich country’s economic stability.

Which country has the lowest currency value in Africa?

Sao Tome And Principe DobraSao Tome And Principe Dobra is the weakest currency in Africa in 2020. It is noted to be the smallest country in Africa. It is classified as the weakest currency based on the exchange rate to the dollar and its purchasing power.

In which country Indian rupee has highest value?

Indonesia. The land of islands, clear blue waters and tropical climate, Indonesia is one of the countries where the Indian currency is higher. … Vietnam. … Cambodia. … Sri Lanka. … Nepal. … Iceland. … Hungary. … Japan.More items…•

What is the richest country in Africa?

NIGERIA1 | NIGERIA – THE RICHEST COUNTRY IN AFRICA (GDP: $446.543 Billion) GDP: $446.543 Billion (nominal, 2019 est.)

What is the strongest currency in Africa 2020?

Libyan DinarLibyan Dinar (1 USD = LD 1.31): The Libyan Dinar has been the strongest currency in Africa for a very long time despite the continuous war and violence that has engulfed the country. In Libya, the CBL has a programme that only sells a limited number of dollars to its citizens.

Is Thailand cheaper than India?

India is, by quite some margin, cheaper than Thailand in every aspect – except from alcohol. … Local activities, food, travel and accommodation are all significantly cheaper in India. Hostels in India average around 5-8 USD a night per room. Hostels in Thai cities such as Phuket or Bangkok will not be as cheap.

What is the safest currency?

The Norwegian krone has been known as a safe currency, thanks in large part to Norway having no net debt. The Norwegian krone is also a standalone currency which means it’s not tied to another country’s failures.