which currency is worth the least?
Strongest Currencies
Weakest Currencies
Currencies for South America are shown with the exchange rate of 13 different countries. The strongest currency is located in French Guiana. This country uses the Euro, which has an exchange rate of 1 USD = 0.88 Euro. The weakest currency is the Paraguayan guaraní, 1 USD is equivalent to 5,666 Paraguayan guaraní. French Guiana is the only country with a currency stronger than the U.S. dollar.
Strongest Currencies
Weakest Currencies
Currencies for Europe are shown with the exchange rate of 27 different countries. The strongest currency is located in the Isle of Man. This country uses the Manx pound, which has an exchange rate of 1 USD = 0.69 Manx pound. The weakest currency is the Belarusian ruble, 1 USD is equivalent to 20,096 Belarusian ruble. In the map, 5 locations have stronger currencies than the U.S. dollar: Isle of Man, Great Britain - UK, European Union, Liechtenstein, and Switzerland.
Strongest Currencies
Weakest Currencies
Currencies for Africa are shown with the exchange rate of 49 different countries. The strongest currency is located in Zimbabwe, which uses the U.S. dollar as its currency. The weakest currency is the Guinean franc, 1 USD is equivalent to 7,573 Guinean franc. No countries have stronger currencies than the U.S. dollar.
Strongest Currencies
Weakest Currencies
Currencies for the Middle East, Asia and Russia are shown with the exchange rate of 45 different countries. The strongest currency is the Kuwaiti dinar. The exchange rate of the Kuwaiti dinar is 0.30 for 1 USD. The weakest currency is the Iranian rial, 1 USD is equivalent to 30,165 Iranian rial. In the map, 4 locations have stronger currencies than the U.S. dollar: Kuwait, Oman, British Indian Ocean Territory, and Jordan.
Strongest Currencies
Weakest Currencies
Currencies for Oceania are shown with the exchange rate of 28 different countries. The country with the strongest currency is Palau, which uses the U.S. dollar as its currency. The weakest currency is the Vanuatu vatu, 1 USD is equivalent to 109.9 Vanuatu vatu. No countries have currencies stronger than the U.S. dollar.
Strongest Currencies
Weakest Currencies
Aside from a few countries, the value of the USD is higher than most countries’ currencies. In fact, there are no African countries whose currency is greater in value (Zimbabwe uses the USD as its currency). Countries with stronger currencies include Kuwait, Oman, Jordan, Isle of Man, Great Britain, Eurozone countries, Switzerland, Liechtenstein, and the Cayman Islands. Some of the weaker currencies include Iran, Guinea, Paraguay, Belarus, and Armenia. For instance, it takes 30,165 Iranian rial to equal the value of 1 USD! Although currency strategists predict a weakening of the USD in the next few months, Americans traveling around the world now can stretch their dollar in many countries!
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If you are an active investor and participate in the share market today, you may want to spread your wings to the world of Forex trading to diversify your portfolio. However, whatever your financial goals may be as an ardent investor, it is worth knowing about the strength of the USD, and other currencies that may just be stronger, relative to the steady USD.
The U.S. dollar is considered the world over as the currency that offers the most with regard to stability. It is a strong currency. Used as a reserve currency for international finance and trade, sentiment and its widespread utility has made it solid and bankable. The share market today may be a volatile place to invest all your wealth in. Nonetheless, the USD is regarded as a secure investment and you will discover that many Indians are in the habit of hoarding it, just like they hoard gold. You may invest in stocks today and open a demat account for the same, but you can think of currency trading to widen the scope of your investment.
Given the fact that the USD is viewed as reliable, there are currencies of some nations that forge ahead of the USD. This implies that a unit of the foreign currency is worth more than $1. However, just because another currency is more valuable than the USD, does not imply that the foreign economy is stronger or larger. You must remember that rates of exchange are fixed due to a range of factors, which includes the quantity of cash in circulation. Let’s have a look at currency rates that surpass the value of the USD as of May, 2022.
As far as May 2022, the Euro equaled 1.07 USD, which still meant that the Euro was stronger, but by barely a bit. Today, in July 2022, 1 Euro = 1.01 USD, meaning that the USD is catching up. The Euro, in the long run, remains strong as it is set by policies of the European Central Bank. This body sets policies for the whole Eurozone. As it is an independent entity, it is not bound by any government. Therefore, this maintains the Euro’s strength overall. In India, you can trade in the Euro with the base as the Indian Rupee, so why not have a go at Forex online trading after doing some due research?
The KYD or the Cayman Islands dollar was fixed through a peg in 1970, with 1 KYD = 1.20 USD. The exchange rate is close to that now, but setting a peg doesn’t mean that a currency is necessarily worth more. A peg is challenging to maintain when the local economy faces a downturn while America raises rates of interest. However, the Cayman Islands is a tax haven and this goes a long way in supporting its currency.
Maybe you have a grip on your investments and would rather rely on any upcoming IPO to allocate your wealth to than to currency markets. However, if you are successful in Forex trading, your returns may amount to a lot more than stocks. The GBP or British Pound has stayed its ground as a robust currency as the Bank of England which issues it has remained in the know of economic developments globally. Keeping up active pace with international economies has kept the value of the pound always higher than the USD. Historically, this has always been the case, except for an interim period in the 1980s. With Forex online trading becoming accessible in all corners of the word, there are many international traders who actively participate in trading and investing in the GBP. As of May 2022, 1 GBP was equal to 1.25 USD.
The BHD or the Bahraini dinar outshines the Omani rial against the USD when it comes to its high value. Since 2011, this has been the case and as of May 2022, 1 BHD = 2.65 USD. Even with oil prices declining, Bahrain has managed to keep inflation moderately stable and hence, kept its currency high.
With 1 KWD (Kuwaiti dinar) = 3.26 USD, the Kuwaiti dinar has outshone every other world currency. This is more or less the world’s most valuable currency, and it has never relied on a peg. It is a free-floating currency, and if you earn in this currency, you can probably ditch the share market today as an investment channel! However, jokes aside, the KWD has remained a strong contender in currency markets due to its substantial production of oil mainly. This has only augmented the nation’s wealth and its currency value. Over time, the Kuwait Investment Authority has accumulated surplus wealth with a “sovereign wealth fund”, keeping the country prosperous through good times and bad.
You can easily open a demat account and trade in stocks today. This is a convenient investment avenue for many investors around the world. Alternatively, or with your stock investment going, you may come across an appealing upcoming IPO to invest in. However, the currency markets may not be that easy to trade in at first, and many Indians keep away as they lack knowledge. Still, if you do a fair bit of study, you can venture into this very lucrative form of investment.
History has a message for us: No fiat currency has lasted forever. Eventually, they all fail.
BMG BullionBars recently published a poster featuring pictures of numerous currencies that have gone bust. Some got there quickly, while others took a century or more. Regardless of how long it took, though, the seductive temptations allowed under a fiat monetary system eventually caught up with these governments, and their currencies went poof!
You might suspect this happened only to third world countries. You’d be wrong. There was no discrimination as to the size or perceived stability of a nation’s economy; if the leaders abused their currency, the country paid the price.
As you scroll through the currencies below, you’ll see some long-ago casualties. What’s shocking, though, is how many have occurred in our lifetime. You might count how many currencies have failed since you’ve been born.
So what’s the one word for the “thousand pictures” below? Worthless.
Yugoslavia – 10 billion dinar, 1993
Zaire – 5 million zaires, 1992
Venezuela – 10,000 bolívares, 2002
Ukraine – 10,000 karbovantsiv, 1995
Turkey – 5 million lira, 1997
Russia – 10,000 rubles, 1992
Romania – 50,000 lei, 2001
Central Bank of China – 10,000 CGU, 1947
Peru – 100,000 intis, 1989
Nicaragua – 10 million córdobas, 1990
Hungary – 10 million pengo, 1945
Greece – 25,000 drachmas, 1943
Germany – 1 billion mark, 1923
Georgia – 1 million laris, 1994
France – 5 livres, 1793
Chile – 10,000 pesos, 1975
Brazil – 500 cruzeiros reais, 1993
Bosnia – 100 million dinar, 1993
Belarus – 100,000 rubles, 1996
Argentina – 10,000 pesos argentinos, 1985
Angola – 500,000 kwanzas reajustados, 1995
Zimbabwe – 100 trillion dollars, 2006
So, will a similar fate befall the U.S. dollar? The common denominator that led to the downfall of each currency above was the two big Ds: Debts and Deficits.
With that in mind, consider the following:
Morgan Stanley reported in 2009 that there’s “no historical precedent” for an economy that exceeds a 250% debt-to-GDP ratio without experiencing some sort of financial crisis or high inflation. Our total debt, including the present value of future liabilities like Social Security and Medicare, now exceeds GDP by more than 400%.
Investment legend Marc Faber reports that once a country’s payments on debt exceed 30% of tax revenue, the currency is “done for.” On our current path, analyst Michael Murphy projects we’ll hit that figure by October.
Peter Bernholz, the leading expert on hyperinflation, states unequivocally that “hyperinflation is caused by government budget deficits.” This year’s U.S. budget deficit will end up being $1.5 trillion, an amount never before seen in history.
Since the Federal Reserve’s creation in 1913, the dollar has lost 95% of its purchasing power. Our government leaders clearly don’t know how – or don’t wish – to keep the currency strong.
Whether the dollar goes to zero or merely becomes a second-class currency in the global arena, the possibility of the greenback being added to the above list grows every day. And this will lead to serious and painful consequences in our standard of living. While money is only one of many problems we’ll have to deal with, you can protect your assets with the one currency that can’t be debased, devalued, or destroyed by irresponsible leaders.
Don’t be the investor who dismisses this message from history. Use gold (and silver) as your savings vehicle. Any excuse you have now will be meaningless and irrelevant when we enter that fateful period. Make sure you own enough precious metals to make a difference in your portfolio.
Because when it comes to money, worthless is not a fun word.
Regards,
Today 1 Indian Rupee = 516.79 IRR. Currently, Iranian Rial is considered world's least valuable currency. This is the result of factors like political unrest in the country. The Iran-Iraq war and the nuclear program also played a huge part.
Most people know about the strongest, most stable, and powerful world currencies. But what about the least valued world currencies? Who knows their names and what countries they are issued in?
For example, British Pound Sterling, Swiss Franc (Swissie), US Dollar, Euro – these currencies are the most stable, as well as the countries issuing them (see TOP 10 the strongest currencies).
But while making this list, we found it pretty hard to put the least valuable currencies in proper order, since the economic situation is changing rapidly in all these countries.
However, it is possible to identify certain devalued national currencies at the moment. Thus, let’s look at the 10 cheapest foreign currencies against the US Dollar.
The exchange rates of the least valued currencies were updated on 21 April 2023.
Currency code – IRR.
Iranian rial rates: 1 USD = ~514,000 IRR (US dollar to Iranian rial – black market rate). 1 USD = 42,285 IRR (US dollar to Iranian rial – official rate). 1 EUR = ~564,000 IRR (Euro to Iranian rial – black market rate). 1 EUR = 46,424 IRR (Euro to Iranian rial).
The cheapest currency in the world is the Iranian Rial. Its devaluation started in 1979 after the Islamic Revolution when many businesses left the country because of the uncertain situation. Then came the Iran-Iraq War, and the economic sanctions because of the country’s nuclear program. The Iranian government also restricted access to foreign currency for their citizens, which led to the significant black market lift. All of this damaged economics and devalued the currency almost by 400%.
In 2015, the Iranian government agreed to sign the nuclear agreement with the U.S., France, UK, China, Russia, and Germany for the sanctions mitigation. It improved the situation and stabilized the local currency.
However, in 2018 the U.S. claimed that Iran proceeds its nuclear program. The sanctions were sharpened, restricting the country's access to the world commodity markets. Iran could no longer export its petroleum, which brought about 69% of income annually. It created a critical deficit in its national budget. The sanctions also covered other industries, including petrochemistry and metallurgy.
By May 2020, Iran faced galloping inflation, and its currency was devalued by 600%. That is why the government decided to change Rial to Toman and slash four zeroes from its face value, i.e., 10,000 old Rials will convert to 1 Toman.
Currency code – VND.
Vietnamese Dong rates: 1 USD = 23,387 VND (US dollar to Vietnamese Dong). 1 EUR = 25,659 VND (Euro to Vietnamese Dong).
The second-cheapest currency in the world is the Vietnamese Dong.
Vietnam is still on its hard path from a centralized economy to a market one, and consequently, this country’s currency is very devalued today. At the moment, the Dong takes the third place in our "poorest currencies" list.
However, experts insist that the Vietnamese government is going the right way and may soon catch up with its closer Asian neighbors.
Currency code – SLL.
Sierra Leonean Leone rates: 1 USD = 22,418 SLL (US dollar to Sierra Leonean Leone). 1 EUR = 24,594 SLL (Euro to Sierra Leonean Leone).
Sierra Leone is a very poor African country, which handled out many serious tests that caused the local money to devalue. Recently, a war took place there, and the deadly Ebola virus is recurrent.
In August 2021 the Bank of Sierra Leone has made a decision to redenominate the Sierra Leonean Leone. Old banknotes will be replaced with new ones called the New Leone with the rate of 1 New Leone to 1,000 old SLL.
Currency code – LAK.
Lao or Laotian Kip rates: 1 USD = 17,274 LAK (US dollar to Lao or Laotian Kip). 1 EUR = 18,952 LAK (Euro to Lao or Laotian Kip).
The Lao is the only currency on this list, which did not devalue but was originally issued with a very low rate. Besides, since its issue in 1952, the currency did strengthen against the US Dollar and continues to improve its value.
Currency code – IDR.
Indonesian Rupiah rates: 1 USD = 14,946 IDR (US dollar to Indonesian Rupiah). 1 EUR = 16,397 IDR (Euro to Indonesian Rupiah).
Due to the low value of old-style banknotes, by presidential decree of September 5, 2016, 7 new banknotes were issued in denominations from 1 thousand to 100 thousand rupiahs.
Indonesia is an economically stable and quite developed country in Southeast Asia. However, its money has a very low exchange rate. The country’s regulatory authorities are taking all measures to strengthen the national currency, but all their efforts led only to insignificant changes.
Currency code – UZS.
Uzbek Sum rates: 1 USD = 11,403 UZS (US dollar to Uzbek Sum). 1 EUR = 12,509 UZS (Euro to Uzbek Sum).
The modern Sum was put into circulation with a ratio of 1 Sum equal to 1000 Sum-coupons from July 1, 1994, by Decree of the President of Uzbekistan.
As a result of the liberalization of their monetary policy from September 5, 2017, the exchange rate of the Sum against the US dollar was set at 1 USD = 8,100 UZS, with an estimated range of 8,000-8,150 UZS for 1 US dollar.
Currency code – GNF.
Guinean Franc rates: 1 USD = 8,609 GNF (US dollar to Guinean Franc). 1 EUR = 9,443 GNF (Euro to Guinean Franc).
A high inflation rate, progressing poverty, and prospering gangsters devalued the currency of Guinea – the African country with one of the most inflated currencies.
Considering its natural gifts like gold, diamonds, and aluminum, this country’s currency should be one of the most valuable.
Currency code – PYG.
Paraguayan Guarani rates: 1 USD = 7,128 PYG (US dollar to Paraguayan Guarani). 1 EUR = 7,818 PYG (Euro to Paraguayan Guarani).
Paraguay is the second poorest South American country. It suffered a disastrous economic downturn, combining inflation, corruption, low education quality, an enormous number of poor people, high unemployment, etc.
Paraguay exports cotton and soybeans, but this is hardly enough to cover its economic needs.
Currency code – COP.
Colombian peso rates: 1 USD = 4,526 COP (US dollar to Colombian peso). 1 EUR = 4,964 COP (Euro to Colombian peso).
The Colombian peso is the national currency of the Republic of Colombia.
1 COP is equal to 100 centavos. However, due to inflation, centavos are now out of circulation.
This currency was first introduced in 1810, with the outbreak of the Colombian War of Independence from Spain, to replace the Spanish real that was in circulation until then.
At various times, the Colombian peso has been pegged to the French franc, the British pound sterling and the US dollar.
Devaluation has accelerated dramatically since 1980, when 1 USD equaled 50 COP. As of today, the Colombian peso has devalued about 3,000 times since its release.
Currency code – KHR.
Cambodian Riel rates: 1 USD = 4,065 KHR (US dollar to Cambodian Riel). 1 EUR = 4,458 KHR (Euro to Cambodian Riel).
In tenth place the weakest currency in the world is Cambodian Riel. The Cambodian Riel is the currency of this Monarch State in Southeast Asia.
This monetary unit was issued in 1995 to replace the Indochinese Piaster. Originally, the Riel had a low exchange rate and was not popular among locals who had decided to use foreign currencies.
Many Cambodians prefer to use the US dollar for payments now, which causes the local currency to devalue even more.
Denomination means a change in the nominal value of banknotes, usually after hyperinflation, to stabilize the currency and simplify calculations.
During a denomination, old banknotes are exchanged for new ones, which, as a rule, have a smaller denomination.
Due to this procedure, some of the currencies have left the above list.
Currency code – UGX.
Ugandan shilling rates: 1 USD = 3,500 UGX (US dollar to Ugandan shilling). 1 EUR = 4,007 UGX (Euro to Ugandan shilling).
In 1966, the Uganda Shilling first appeared, replacing the East African Shilling. The latter was the official means of payment in Kenya, Uganda, Tanganyika, and Zanzibar.
Banknotes with the following denominations are currently in circulation: 1,000, 2,000, 5,000, 10,000, 20,000, and 50,000.
The Uganda Shilling is a relatively stable currency. Over the past few years, its value hasn’t lost more than 5%.
Currency code – VES (Old VEF).
Venezuelan Sovereign Bolívar rates: 1 USD = 4,000,815 VES (US dollar to Venezuelan Sovereign Bolívar before denomination). 1 EUR = 4,745,513 VES (Euro to Venezuelan Sovereign Bolívar before denomination).
Venezuelan Sovereign Bolívar suffered significantly from inflation due to COVID19, so its value became record low in 2020.
And things kept getting even worse since then. In March 2021 the Central Bank of Venezuela introduced three new banknotes with the denominations of 200 thousand, 500 thousand and 1 million bolívars in their attempt to somehow stabilize the national economy. So, no wonder that this currency is considered the most inflated in the world.
The redenomination of the bolivar was carried out on October, 2021.
Currency code – STD.
Sao Tomean Dobra rate: 1 USD = 22,511 STD (US dollar to Sao Tomean Dobra before denomination).
The denomination was implemented on the 1st of January 2018. 1 new dobra (STN) equaled 1,000 (STD) of the previous dobras.
Two small islands in West Africa called St. Tome and Principe, are exporters of cacao, coffee, and coconuts. But this is not enough to support the local economy at an appropriate level.
Recently, oil fields were found on St. Tome Island, and, therefore, the Dobra is expected to increase its value soon.
Currency code – BYR.
Belarusian Ruble rate: 1 USD = 24,155 BYR (US dollar to before Belarusian Ruble denomination).
The denomination was implemented on the 1st of July 2016. 1 new (BYN) equaled 10,000 old (BYR).
The Belarusian Republic appeared in 1992, after the USSR’s collapse. It created its national currency, the Belarusian Ruble, which exchange rate remained stable since 2016. High taxes, inflation, corruption, and political restrictions had led to a very low price for this currency on the global market.
In most cases, a state’s currency devalues because of the economic downturn inside a country. This causes a balance of payments deficit and the inflation rate to grow.
This can be a consequence of different economic downturns such as war actions, GDP decreasing, falling prices of commodities that form a large part of exports, purchasing power falling, credit conditions tightening, political instability inside a country, etc.
Currency devaluation is often connected with badly organized monetary policy and relating to decisions of fiscal controls (Central Banking System).
The COVID-19 pandemic had a significant impact on the global economy and forced many countries to adapt and change the way they manage different sectors. Despite these challenges, the ranking of the lowest currencies in the world has remained generally unchanged in recent years.
Graana.com has compiled a list of the lowest currencies in the world below, along with their value and the significant factors that contribute to their overall worth.
To begin with, it’s important to understand the concept of exchange rates and how they impact the value of different currencies. Exchange rates refer to the value of one currency in relation to another, and they are subject to different factors. When the exchange rate of a particular currency is low, it means that it has less value compared to other currencies.
One major reason for the low value of currencies is the economic instability and political turmoil that many of these countries have faced in recent years. For example, Iran has been subjected to economic sanctions and has struggled with high inflation rates, which has led to a decline in the value of its currency.
Similarly, countries like Vietnam and Indonesia have faced challenges in terms of economic growth and development, which has contributed to the low value of their currencies.
Despite the challenges that these countries face, it’s important to note that the value of a currency is not the sole indicator of a country’s overall economic health. While a low exchange rate may make it more difficult for a country to import goods and attract foreign investment, it can also make its exports more competitive in the global market.
Additionally, the value of a currency is not static and can fluctuate over time, depending on various factors such as economic policies, geopolitical events, and market trends.
Here is the list of the lowest currencies in the world as of January 2023:
The Iranian Rial currently ranks as the lowest currency in the world in terms of its exchange rate with the US dollar. For easier calculations, Iranians often use the term “toman”, which is equal to 10 rials. The decline of the rial has been caused by a number of factors, including the war between Iran and Iraq, threats from Israel, and the possibility of nuclear conflict.
These events have led to restrictions on Iran’s access to the global market and a decline in the country’s oil exports, which has had a significant negative impact on its economy and the national budget.
In 2016, some sanctions were lifted by the US and EU, leading to an improvement in Iran’s economic situation and stabilization of the rial. However, in 2018, the US imposed and strengthened sanctions again.
1 USD = 42,105.00 IRR
The Vietnamese Dong is currently the second lowest-valued currency in the world, just behind the Iranian rial. This is due in part to Vietnam’s ongoing transition from a centralised economy to a market economy.
The devaluation of the dong in relation to other global currencies has made it one of the cheapest currencies in the world, although some experts predict that this may change in the near future.
Vietnam’s government has been working to modernise and liberalise its economy, and there are signs that these efforts are now beginning to pay off.
The country has seen steady economic growth in recent years and has attracted a significant amount of foreign investment. These positive developments could help to boost the value of the dong and improve its exchange rate with other currencies.
1 USD = 23,211.00 VND
In 2016, Indonesia issued seven new banknotes with denominations ranging from 1,000 to 100,000 rupiahs due to the low values of the old-style banknotes. Despite Indonesia’s status as a stable and developed nation in Southeast Asia, the rupiah has a relatively low exchange rate compared to other currencies.
The relevant authorities have been implementing certain measures in an attempt to strengthen the rupiah, but so far these efforts have only resulted in little to no changes.
Indonesia has a diverse and growing economy, with a focus on manufacturing, agriculture, and tourism. However, the low value of the rupiah has been a persistent challenge. In order to address this issue, the Indonesian government has launched a number of reforms, including increasing foreign investment and promoting export-oriented industries.
1 USD = 14,351.45 IDR
The Laotian kip is currently one of the lowest-valued currencies in the world, and its position has deteriorated even further since 2020. In fact, the kip reached its lowest point in 15 years in 2021, largely due to high levels of inflation and depreciation against foreign currencies.
These issues have had a significant impact on the value of the kip and have made it difficult for it to recover. As a result, the Laotian economy has struggled, with high levels of poverty and unemployment, as well as a lack of foreign investment.
1 USD = 11, 345 LAK
The Guinean franc is the official currency of Guinea, a West African nation that has struggled with high inflation, increasing poverty, and organized crime. Despite being rich in natural resources, such as gold, aluminum, and diamonds, Guinea’s currency has experienced devaluation for an extended period of time.
One of the main reasons for this is the country’s high inflation rate, which has undermined the value of the franc and made it less stable. Additionally, Guinea’s economy has been impacted by a range of challenges, including political instability and inadequate infrastructure, which have hindered its ability to grow and prosper.
1 USD = 9,596.00 GNF
The Sierra Leonean leone has seen a significant decline in its value compared to the US dollar in recent years. In 2020, the leone was worth 16% less than it was the previous year and, if current trends continue, it is likely to remain one of the lowest-valued currencies in the world.
Sierra Leone is a West African country with a rich supply of natural resources, including diamonds, gold, and iron ore. However, despite this, the country’s economy has struggled in recent years, with high levels of poverty and unemployment. This has contributed to leone’s low value.
In order to address these issues, the Sierra Leonean government has introduced a number of reforms, including investing in infrastructure and promoting economic growth. While it is too early to tell whether these efforts will be successful, it is possible that leone could eventually bounce back and regain some of its value.
1 USD = 11,330 SLL
Despite its recent improvement, the Uzbekistani som has actually decreased in value since 2020. The som has struggled since the Uzbek government devalued it by almost 50% in 2018, in an effort to make the country more attractive to investors. While the som has remained stable, it has not yet regained its previous value.
Uzbekistan is a Central Asian country with a diverse economy that includes a strong agricultural sector and growing industries in manufacturing, mining, and tourism. However, the country has faced a number of economic challenges in recent years, which have contributed to the low currency value.
1 USD = 10,812.5 UZS
