Posted by Amir Which Country has Lowest Currency Value Value of one country’s currency depend upon demand and supply. Fixed and floating exchange rate system are being used to control value of their currency by Countries of world. Country, having lowest value, is able to buy least number of other currency or good by spending its single unit. Balance of trade, central bank policy, domestic interest rate and political condition decide price of currency . Trade deficit and low domestic interest rate are problems faced by countries having lowest value in the world. Here is list of Countries with lowest currency exchange rate in the world. CURRENCY Country Exchange rate Riel Cambodia 3,999.00 per dollar Guarani Paraguay 4,639.27 per dollar Franc Guinea 6,980.50 per dollar Kip Lao 8,030.92 per dollar Rupia Indonesia 12,140.13 per dollar Manat Turkmenistan 14,262.00 per dollar Dobra Sao Tome and Principe 17,783.13 per dollar Dong Vietnam 21,072.13 per dollar Rial Iran 24,863.90 per dollar Iran, west asian country, has the lowest currency value as compared to any other countries of the world. Key reasons of cheapest rate are sanctions imposed on country to curtail its nuclear program. Restriction on exports result in loss of oil revenue and isolation from international banking system are factors for world’s lowest currency value of country. Unofficial speculators of black markets are also involve in making rial the cheapest in the world. See more of your interest: 20 Countries with the Lowest National Debt 2015 Ten Countries with Least Income Inequality Top 10 Countries with Largest Foreign Exchange Reserves Countries having the Biggest Stock Exchanges in the World Top 10 Countries With The Lowest Levels Of Public Debt which country has cheapest currency value in world 0 0 50163 28 January, 2014 Economy January 28, 2014 About the author View all articles by Amir Leave a Reply Cancel reply Your email address will not be published. Required fields are marked * Comment Name * Email * Website