12 Worst Currencies in the World in 2017

With 195 UN recognized countries in the world, there are 164 national currencies according to Countries of The World. Moreover, there are many countries in the European Union that use Euro as the official currency, and there are a lot of them besides the United States that use US dollar, precisely ten of them. Among those 164 currencies the newest one is the South Sudanese pound, whereas the oldest in the world is the British pound, dating back from the 8th century. So, how do you know if one currency is weak or strong? Well, in order to realize it, you have to read Insidermonkey experts list of 12 worst currencies in the world in 2017.

The exchange rate can be defined as “the ratio at which the principal unit of two currencies may be traded”. The usual parameters for all currencies are Dollar, as they are mostly used. Moreover, currencies are often changing their values. Even though its strength is shown mainly through its stability, and currency’s stability is an indicator of a strong economy among others, it doesn’t always have to be the case that the cheap currency is bad for one country’s economy. One of the reasons is that export could grow as one country’s goods are relatively cheaper compared to the stronger currencies. You can also check our list of 10 Most Expensive Currencies in The World in 2017.