Top 10 Lowest Value Currences In The World
10. South Korea
Korean Republic Won is the currency of South Korea. A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for everyday transactions, and appears only in foreign exchange rates. The won is issued by the Bank of Korea, based in the capital city, Seoul.
Code - KRW
Banknotes - 1K,5K,10K,50K Won
Coins - 10,50,100,500 Won
User - South Korea
Issuance - Bank of Korea
Inflation - 1.1% (Jan 2014)
9. Tanzania
The shilingi is the currency of Tanzania. It is subdivided into 100 senti. The Tanzanian shilling replaced the East African shilling on 14 June 1966 at par.
Code - TZS
Banknotes - 500,1K,2K,5K,10K Shilingi
Coins - 50,100,200,500 Shilingi
User - Tanzania
Issuance - Bank of Tanzania
Inflation - 5.6% (2015 Est.)
8. Colombia
Peso is the currency of Colombia. Its ISO 4217 code is COP. The peso has been the currency of Colombia since 1810. It replaced the real at a rate of 1 peso = 8 reales and was initially subdivided into 8 reales.
Code - COP
Banknotes - 1K,2K,5K,10K,20K,50K,100K Pesos
Coins - 50,100,200,500,1K Pesos
(Rarely Used 20 pesos)
User - Colombia
Issuance - Banco de la República
Inflation - 6.77% (2015)
7. Zambia
The Kwacha is the currency of Zambia. It is subdivided into 100 Ngwee. The name derives from the Nyanja word for "dawn", alluding to the Zambian nationalist slogan of a "new dawn of freedom". The name ngwee translates as "bright" in the Nyanja language.
Code - ZMW
Banknotes - 2,5,10,20,50,100 Kwacha
Coins - 5,10,50 Ngwee & 1 Kwacha
User - Zambia
Issuance - Bank of Zambia
Inflation - 7.5% (2015)
6. Laos
The kip is the currency of Laos since 1952. One kip is divided into 100 att. However, due to their low value, coins in general are very hard to come by in circulation.
Code - LAK
Banknotes - 500,1K,2K,5K,10K,20K,50K,100K Kip
(Rarely Used 1,5,10,20,50,100 Kip)
Coins - 10,20,50 Att (Rarely Used)
User - Lao People's Democratic Republic
Issuance - Bank of the Lao P.D.R.
Inflation - 7.6% (2011 Est.)
5. Guinea
The Guinean franc is the currency of Guinea. First Guinean franc was introduced in 1959 to replace the CFA franc. The Guinean franc was reintroduced as Guinea's currency in 1985, at par with the syli.
Code - GNF
Banknotes - 100,500,1K,5K,10K,20K Francs
(Rarely Used 25,50 Francs)
Coins - 1,5,10,25,50 Francs
User - Guinea
Issuance - Central Bank of The Republic of Guinea
Inflation - 21.4% (2011 Est.)
4. Indonesia
The rupiah is the official currency of Indonesia. Issued and controlled by the Bank of Indonesia, the ISO 4217 currency code for the Indonesian rupiah is IDR. The name "rupiah" is derived from the Hindustani word rupiyaa. The rupiah is subdivided into 100 sen, although inflation has rendered all coins and banknotes denominated in sen obsolete.
Code - IDR
Banknotes - 1K,2K,5K,10K,20K,50K,100K Rupiah
Coins - 100,200,500,1K Rupiah
User - Indonesia
(Unofficial User - East Timor)
Issuance - Bank Indonesia
Inflation - 3.35% (2015 est.)
3. Vietnam
The Dong has been the currency of Vietnam since May 3, 1978. Issued by the State Bank of Vietnam. Formerly, it was subdivided into 10 Hao, which was further subdivided into 10 Xu, neither of which is now used.
Code - VND
Banknotes - 100,200,500,1K,2K,5K,10K,20K,50K,100K,200K,500K
Coins - 200,500,1K,2K,5K (Not In Use)
User - Vietnam
Issuance - State Bank of Vietnam
Inflation - 4.1% (2014)
2. São Tomé and Príncipe
The dobra is the currency of São Tomé and Príncipe. It is abbreviated Db and is divided into 100 cêntimos, although inflation has rendered the cêntimo obsolete. The dobra was introduced in 1977, replacing the escudo at par.
Code - STD
Banknotes - 5K,10K,20K,50K,100K Dobras
Coins - 100,250,500,1K,2K Dobras
User - São Tomé and Príncipe
Issuance - Banco Central de São Tomé e Príncipe
Inflation - 5.0% (July 2015)
1. Iran
Iranian rial is the currency of Iran. Although the "toman" is no longer an official unit of Iranian currency, Iranians commonly express amounts of money and prices of goods in "tomans". For this purpose, one "toman" equals 10 rials. Despite this usage, amounts of money and prices of goods are virtually always written in rials.
Code - IRR
Banknotes - 2K,5K,10K,20K,50K,100K Rials
(Rarely Used 100,200,500,1,000 Rials)
Coins - 500,1,000,2,000,5,000 Rials
(Rarely Used 50,100,250 Rials)
User - Iran
(Unofficial User Afghanistan, Iraq, Saudi Arabia, Syria)
Issuance - Central Bank of the Islamic Republic of Iran
Inflation - 7.5% (October 2016)
IMAGE SOURCE: "GOOGLE SEARCH"
INFORMATION SOURCE: "WIKIPEDIA"
SOURCE:
http://worldknowing.com/top-10-countr...
http://www.telegraph.co.uk/finance/pe...
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