Which country has the lowest currency than India?

Currencies with Lower Value than the Indian Rupee

The Indian Rupee (INR) ranks among the world’s currencies with a relatively high value. Several other currencies have significantly lower values than the INR, resulting in a higher purchasing power for their holders.

Iranian Rial (IRR)

The Iranian Rial holds the distinction of being the lowest-valued currency globally. One US Dollar (USD) is equivalent to approximately 42,000 IRR, reflecting the country’s ongoing economic challenges and international sanctions.

Vietnamese Dong (VND)

The Vietnamese Dong ranks as the second-lowest-valued currency. One USD is equivalent to around 23,000 VND. Vietnam’s economic growth has been impressive in recent years, but its currency remains relatively weak due to factors such as a high inflation rate.

Sierra Leonean Leone (SLL)

The Sierra Leonean Leone is the third-lowest-valued currency. One USD is worth approximately 11,000 SLL. Sierra Leone has faced significant economic and political instability, which has contributed to the currency’s devaluation.

Factors Influencing Currency Value

The value of a currency is influenced by a complex interplay of factors, including:

• Economic Stability: Strong economic performance, low inflation, and a stable political environment can enhance the value of a currency.
• Global Market Trends: Currency values are also affected by global demand and supply, as well as geopolitical events.
• Government Policies: Government actions, such as interest rate changes or foreign exchange interventions, can impact currency values.
• Trade Balance: A country’s trade balance, which reflects the difference between its exports and imports, can influence the value of its currency.

It is important to note that currency values can fluctuate over time, and the rankings of the lowest-valued currencies may change based on prevailing economic conditions.