currency

1. Iranian rial (IRR)
According to our currency converter, one Iranian rial is currently worth $0.000001, which means $1 would buy 1,321,700 Iranian rials.
The Iranian rial was first introduced in the late 1700s. The currency has more or less remained at its present exchange rate with the dollar for several years.
Iran is located on the Persian Gulf between Iraq and Afghanistan. It is a leading global exporter of oil and natural gas, but economic sanctions have put pressure on the country’s currency.
The value of the IRR has fallen sharply in the wake of the recent conflict between Iran, Israel and the US.
2. Lebanese pound (LBP)
One Lebanese pound buys $0.000011. Put another way, this means that $1 is worth 89,641.10 Lebanese pounds.
Lebanon borders the Mediterranean Sea, as well as Israel and Syria in the Middle East. The country has a service-based economy and also exports precious stones, metals, chemical products and food and drinks.
The Lebanese pound has been under pressure against the US dollar for several years thanks to a depressed economy, high inflation and unemployment, a banking crisis and political unrest.
3. Vietnamese dong (VND)
The Vietnamese dong comes third on our list, with each unit of the currency being able to buy $0.000038. This means $1 could buy 26,253.61 Vietnamese dong.
Vietnam borders the South China Sea, with China, Laos, and Cambodia as neighbours. Services account for the largest proportion of the country’s gross domestic product, effectively a measure of a nation’s economic output, followed by industries such as electronics, energy and textiles.
The country’s currency’s has been weighed down by restrictions on foreign exports and a recent slowdown in exports, coupled with a sustained period of rising and high interest rates in the US.
4. Laotian kip (LAK)
The Laotian, or Lao, kip was introduced in the 1950s and comes in as the fourth weakest currency with 1 kip the monetary equivalent of $0.000047. That makes $1 worth the same as 21,442.63 kip.
Laos is a land-locked country bordered by Vietnam, Thailand, Cambodia and China. It relies heavily on exports such as copper, gold and timber.
The country has been hit by sluggish economic growth, rising foreign debt and high inflation, each of which has conspired to put pressure on Laos’s currency.
5. Indonesian rupiah (IDR)
Indonesia’s national currency was introduced in 1946. One rupiah is currently worth $0.000059, which means $1 could buy the equivalent of 16,895.58 rupiah.
Indonesia comprises over 17,000 islands in the Pacific, including Java, Sumatra, and parts of Borneo and New Guinea.
In GDP terms, the country is the largest in south-east Asia mainly thanks to its services sector. Indonesia is also commodity-rich, but its national currency has tumbled when compared with others due to a combination of high inflation and recessionary fears.
6. Uzbekistan som (UZS)
The som was introduced in 1993 and one unit of Uzbekistan’s national currency currently buys $0.000082. Put another way, $1 is the equivalent of 12,166.50 som.
Located in central Asia, Uzbekistan is a former republic of the Soviet Union. It is one of the world’s leading cotton exporters and has substantial mineral and oil and gas reserves.
The country has implemented economic reforms, but it continues to struggle with low economic growth, high inflation and unemployment and corruption.
7. Guinean franc (GNF)
The Guinean franc was introduced in 1959 and today is worth $0.000114. That makes $1 worth 8,775.17 Guinea francs.
Guinea is a former French colony in sub-Saharan Africa. It has an abundance of natural resources such as gold and diamonds, but has struggled with high inflation, military unrest and an influx of refugees from neighbouring Liberia and Sierra Leone.
8. Burundian Franc (BIF)
The Republic of Burundi, a landlocked nation in East Africa, has been in circulation since 1916. One Burundian Franc is currently worth $0.000337, making one US dollar worth 2,970.94 Burundian Francs.
The country has a population of more than 14 million and is bordered by Rwanda to the north, Tanzania to the east/southeast, and the Democratic Republic of the Congo to the west. Coffee and tea comprise 90% of its exports.
9. Malagasy ariary (MGA)
Introduced in 1961, the Malagasy ariary is the currency of Madagascar having formally replaced the franc in 2005. One ariary is currently worth $0.000241, making a dollar worth 4,152.30 ariary.
Madagascar is an island country lying off the south-eastern coast of Africa. Agriculture, including the growing of raffia, mining, fishing and forestry are the main elements of the country’s economy. Top exports include vanilla, nickel metal and cloves.
10. Paraguayan guarani (PYG)
First introduced in 1952, the Paraguayan guarani currently buys $0.000153 making $1 worth 6,517.40 guarani.
Paraguay is landlocked, bordering Brazil, Argentina and Bolivia. The country is a leading producer of soybean, the sugar substitute sevia, beef and maize.
The currency has been under pressure from high inflation, corruption, and counterfeit currency.
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The US dollar is the world’s most traded currency. But that doesn’t necessarily make it the strongest of the approximate 180 or so traditional ‘fiat’ currencies recognised as legal tender round around the globe.
1. Kuwaiti dinar (KWD)
Using our measurement, the Kuwaiti dinar (pictured above) is the strongest currency in the world, with 1 dinar buying US $3.25. Put another way, US $1 is worth 0.30 Kuwaiti dinars.
Kuwait is located between Saudi Arabia and Iraq, earning much of its wealth from being a leading global exporter of oil.
2. Bahraini dinar (BHD)
One Bahraini dinar is currently worth $2.64. That makes $1 worth 0.37 Bahraini dinars.
Bahrain is an island nation in the Persian Gulf off of the coast of Saudi Arabia.
The country is home to one of the most diversified economies in the Gulf region, to the extent that the contribution from its non-oil sector to real gross domestic product stood at 85.9% in 2024. The Bahraini dinar entered circulation in 1965 and is pegged to the US dollar.
3. Omani rial (OMR)
The Omani rial was introduced in the 1970s. One rial currently is worth $2.60. Looked at from the other direction, one US dollar is worth 0.38 Omani rials.
Oman sites between the United Arab Emirates and Yemen at the tip of the Arabian Peninsula. As with its other wealthy neighbours, Oman is a major exporter of oil and gas.
4. Jordanian dinar (JOD)
The Jordanian dinar, which entered circulation in the 1950s, is currently worth $1.41, putting the currency at number four on our list. Alternatively, $1 would buy 0.70 Jordanian dinars.
Jordan is a largely land-locked country in the Middle East. The country is less dependent on oil and gas exports than its neighbours, but it has struggled with sluggish economic growth and rising debt.
5. British pound (GBP)
The British pound sterling has been in existence since the 15th century and was decimalised in 1971. Today, one pound is worth $1.34 which makes $1 worth £0.74.
6. Gibraltar pound (GIP)
The Gibraltar pound was first introduced in the 1920s and today its value is pegged to the British pound at a fixed rate, meaning it will always move in line with sterling.
Gibraltar is located at the southern tip of Spain and is officially a British territory.
7. Swiss franc (CHF)
The Swiss franc is the official legal tender of both Switzerland and Liechenstein. It is often regarded as a currency safe haven due to Switzerland’s political stability.
The Swiss franc was introduced in 1850. One Swiss franc is currently worth $1.28, which means $1 currently buys 0.77 Swiss francs.
8. Cayman Islands dollar (KYD)
The Cayman Islands is a British territory in the Caribbean and is famous for being an offshore financial centre.
The Cayman Islands dollar was first introduced in the 1970s and is pegged to the US dollar. One Cayman Islands dollar currently buys $1.19. Conversely, $1 is worth 0.83 KYD.
9. Euro (EUR)
The euro entered physical circulation in 2002. It is the official currency of the Eurozone economic bloc, covering 20 countries out of the 27-strong members of the European Union.
One euro currently buys $1.15 making a dollar worth €0.86.
10. US dollar (USD)
The US dollar just scrapes into our currency top 10 with all other denominations across the world, excluding the ones listed above, currently worth less than one dollar on a one-for-one basis.
Created in the 1700s, the US dollar is legal tender in the US itself, along with a number of other territories and sovereign nations including Ecuador.
The US is the world’s largest economy as measured by gross domestic product and is by far the most traded currency globally.
The US dollar is also currently the largest reserve currency in the world. In other words, it is the currency most held by central banks. It is also the currency of choice when it comes to pricing a number of key commodity markets including oil, gold and copper.
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