25 Weakest Currencies in the World in 2026

What Are the Weakest Currencies in the World in 2026?

Below is the list of the top 25 weakest currencies in the world in 2026 against the US Dollar (USD).

Important Note on Exchange Rate: This ranking is based on the nominal exchange rate. A currency like the Vietnamese Dong (VND) has a very low value per unit due to historical redenomination but is relatively stable. In contrast, a currency like the Iranian Rial (IRR) is weak in both nominal value and purchasing power due to hyperinflation and economic collapse. This list includes both types. 

Lebanese Pound (LBP)

The Lebanese Pound (LBP) is currently the world's weakest currency. Lebanon's financial crisis, political instability, and declining foreign reserves have contributed to the pound's decline.

The banking sector's collapse and corruption have further destroyed trust in the national currency. Due to these issues, the Lebanese pound is the poorest currency in the world.

Compare Today’s LBP Exchange Rate 

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Iranian Rial (IRR)

The Iranian Rial (IRR) is the second weakest currency globally. The primary reason for the Rial's weakness is the country's economic sanctions, which have severely impacted Iran's ability to engage in international trade.

Also, high inflation, political instability, and a reliance on oil exports without sufficient economic diversification contribute to making the Iranian Rial one of the lowest currency in the world.

Compare Today’s IRR Exchange Rate 

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Vietnamese Dong (VND)

The Vietnamese Dong (VND) is one of the weakest currencies globally in terms of exchange rate. 

Although the Vietnamese economy has grown significantly in recent decades, the Dong remains heavily managed and is kept weak to promote exports.

Compare Today’s VND Exchange Rate 

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Laotian Kip (LAK)

The Laotian Kip (LAK) is among the weakest currencies globally. Alaos's landlocked geography and reliance on agriculture significantly influence its economy and currency value.

The lack of industrialization, trade imbalances, and limited foreign investment have contributed to the Kip's low valuation.

Compare Today’s LAK Exchange Rate 

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Indonesian Rupiah (IDR)

The Indonesian Rupiah (IDR) is the official currency of Indonesia, issued and regulated by Bank Indonesia. The term "Rupiah" is derived from the Sanskrit word for silver, "rupyakam."

The currency is symbolized as "Rp" and is subdivided into 100 sen, though due to inflation, denominations in sen are no longer in practical use. The Rupiah has experienced periods of volatility, influenced by both domestic economic policies and global market dynamics.

Compare Today’s IDR Exchange Rate 

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Uzbekistani Som (UZS)

The Som (UZS), Uzbekistan’s national currency, has one of the lowest values globally due to its historical legacy of hyperinflation, a closed economy, and slow financial liberalization.

Although recent reforms aim to modernize the economy and attract foreign investment, structural challenges, such as currency devaluation and limited industrial diversification, continue to pressure the Som’s exchange rate.

Compare Today’s UZS Exchange Rate 

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Guinean Franc (GNF)

The Guinean Franc (GNF) is one of the weakest currencies both in Africa and globally, mainly due to economic instability and high inflation.

The primary reason for the Guinean Franc's weakness is Guinea's over-reliance on mining exports, particularly bauxite and gold. Despite being resource-rich, political instability, corruption, and insufficient infrastructure hinder economic growth, leading to the currency's depreciation.

USD/GNF Rate Comparison 

1GNF = 0.000115 USD

1 USD =  8,743.19 GNF

Paraguayan Guarani (PYG)

The Paraguayan Guarani (PYG) is among the weakest currencies in South America, largely due to inflation and limited economic diversification.

Paraguay's small, agriculture-based economy and limited diversification contribute to its currency's low value.

Compare Today’s PYG Exchange Rate 

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Malagasy Ariary (MGA)

The Malagasy Ariary (MGA) is one of the world’s weakest currencies, due to economic underdevelopment and fiscal instability. 

Madagascar's dependence on agriculture, political instability, and underdeveloped infrastructure contribute to the Ariary's low value.

Compare Today’s MGA Exchange Rate 

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Cambodian Riel (KHR)

The Cambodian Riel (KHR) is one of the least valued currencies globally. Despite Cambodia’s economic growth, the Riel remains weak due to the widespread use of the US Dollar in the country. 

Many transactions, especially in urban areas, are conducted in USD, limiting the Riel’s demand and international strength.

Compare Today’s KHR Exchange Rate 

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Burundian Franc (BIF)

The Burundian Franc (BIF) is one of the weakest currencies both in Africa and globally, weakened by inflation, low reserves, and ongoing economic challenges.

Burundi's reliance on subsistence agriculture, combined with limited infrastructure and political instability, weakens the Franc.

USD/BIF Rate Comparison

1 BIF = 0.00034 USD

1 USD = 2,958.67 BIF

Congolese Franc (CDF)

The Congolese Franc (CDF) is one of the weakest currencies both in Africa and globally. 

The Democratic Republic of Congo's economy is heavily dependent on natural resources like copper and cobalt, but political instability, conflict, and corruption hinder progress, weakening the Franc.

USD/CDF Rate Comparison 

1 CDF = 0.000440 USD

1 USD = 2,277.49 CDF

Tanzanian Shilling (TZS)

The Tanzanian Shilling (TZS) is among the weakest currencies in the world. The Shilling's depreciation stems from reliance on agriculture and challenges like inflation and trade imbalances.

Compare Today’s TZS Exchange Rate 

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Myanmar Kyat (MMK)

The Myanmar Kyat (MMK) has experienced significant depreciation due to political instability and economic sanctions.

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Nigerian Naira (NGN)

The Nigerian Naira (NGN) has faced continuous depreciation. Nigeria's heavy reliance on oil exports makes its economy vulnerable to fluctuations in global oil prices.

Additionally, inflation, corruption, and security challenges have contributed to the Naira's weakening.

Compare Today’s NGN Exchange Rate 

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Iraqi Dinar (IQD)

The Iraqi Dinar (IQD) has been historically weak due to decades of conflict and economic sanctions.

Despite having one of the largest oil reserves globally, political instability and infrastructure challenges limit economic recovery and currency stability.

Compare Today’s IQD Exchange Rate 

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Argentine Peso (ARS)

The Argentine Peso (ARS) has faced high inflation and devaluation. Argentina's economic challenges include chronic inflation, high public debt, and economic mismanagement.

USD/ARS Rate Comparison

1 ARS = 0.000690 USD

1 USD =  1,449.55 ARS

Sudanese Pound (SDG)

The South Sudanese Pound (SDG) is among the world's weakest currencies. Ongoing political instability, conflict, and economic underdevelopment have severely impacted its value.

Compare Today’s SDG Exchange Rate 

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Kazakhstani Tenge (KZT)

The Kazakhstani Tenge (KZT) has experienced significant fluctuations, placing it among the world’s weakest currencies.

Kazakhstan’s heavy reliance on oil exports makes its currency vulnerable to global oil price volatility.

Compare Today’s KZT Exchange Rate 

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Sri Lankan Rupee (LKR)

The Sri Lankan Rupee (LKR) has suffered significant depreciation in recent years due to multiple factors. Sri Lanka faced a severe economic crisis in 2022, leading to defaults on foreign debt and a rapid decline in currency value.

The country relies heavily on imports for essential goods, and high inflation has further weakened the Rupee. While tourism is a major source of revenue, the COVID-19 pandemic and political unrest have disrupted this sector.

USD/LKR Rate Comparison

1 LKR = 0.00323 USD

1 USD = 309.42 LKR

Pakistani Rupee (PKR)

The Pakistani Rupee (PKR) has experienced significant depreciation in recent years, placing it among the weakest currencies both in Asia and globally. Pakistan's economy faces challenges such as high inflation, fiscal deficits, and a reliance on imports.

Compare Today’s PKR Exchange Rate 

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Yemeni Rial (YER)

The Yemeni Rial (YER) has faced extreme devaluation due to ongoing conflict and economic instability. 

War, inflation, and a lack of foreign reserves have contributed to the currency's decline.

Compare Today’s YER Exchange Rate 

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Ethiopian Birr (ETB)

The Ethiopian Birr (ETB) has faced consistent depreciation, resulting in a steadily declining exchange rate against major currencies.

The country’s economic struggles, including inflation, trade deficits, and political unrest, have contributed to the currency's decline.

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Haitian Gourde (HTG)

The Haitian Gourde (HTG) is one of the world's weakest currencies. The currency has suffered from chronic inflation, economic mismanagement, political instability, and frequent natural disasters, all of which have contributed to its declining value and purchasing power.

Compare Today’s HTG Exchange Rate 

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Venezuelan Bolívar (VES)

The Venezuelan Bolívar (VES) is one of the world's most depreciated currencies. Venezuela's economic decline is largely attributed to government mismanagement, over-reliance on oil exports, and economic sanctions.

The ongoing political crisis and economic instability have further weakened the currency.

Compare Today’s VES Exchange Rate 

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Conclusion

The lowest currencies in the world, such as the Lebanese Pound, Iranian Rial, and Venezuelan Bolívar, struggle due to economic instability, hyperinflation, and political uncertainty.

Understanding the factors behind currency performance provides valuable insights for investors, analysts, and policymakers striving to anticipate risks and identify opportunities in global markets.

For a broader perspective, explore our world currency list, featuring all countries and their currencies, offering a clear view of how economic trends and global forces shape currency values around the world.