Top 10 Cheapest Currencies in the world in 2024
By Priyanka Roshan, July 19, 2024
The Ugandan Shilling’s low value reflects Uganda's economic challenges and inflation.
1 INR = 44.2 UGX
(Source: xe.com, Currency values in Indian rupees as of July 19, 2024, 11:51 am IST | Image: AFP)
The Cambodian Riel is relatively inexpensive due to Cambodia's economic factors and inflation rates.
1 INR = 49 KHR
(Source: xe.com, Currency values in Indian rupees as of July 19, 2024, 11:51 am IST | Image: Reuters)
The Paraguayan Guarani is a low-value currency, impacted by Paraguay’s economic stability and inflation.
1 INR = 90 PYG
(Source: xe.com, Currency values in Indian rupees as of July 19, 2024, 11:51 am IST | Representative Image)
The Guinean Franc has a low value compared to the US Dollar, influenced by economic difficulties in Guinea.
1 INR = 102.9 GNF
(Source: xe.com, Currency values in Indian rupees as of July 19, 2024, 11:51 am IST | Representative Image)
The Uzbekistani Som is low in value, reflecting Uzbekistan's economic challenges and inflation.
1 INR = 150.4 UZS
(Source: xe.com, Currency values in Indian rupees as of July 19, 2024, 11:51 am IST | Image: Reuters)
The Indonesian Rupiah’s low value results from Indonesia's economic conditions and inflation rates.
1 INR = 193.6 IDR
(Source: xe.com, Currency values in Indian rupees as of July 19, 2024, 11:51 am IST | Image: Reuters)
The Laotian Kip, used in Laos, is relatively cheap due to the country's economic situation and inflation.
1 INR = 262.7 LAK
(Source: xe.com, Currency values in Indian rupees as of July 19, 2024, 11:51 am IST | Image: Canva)
The Sierra Leonean Leone is inexpensive due to the country's economic conditions and high inflation.
1 INR = 270 SLL
(Source: xe.com, Currency values in Indian rupees as of July 19, 2024, 11:51 am IST | Image: Reuters)
The Vietnamese Dong is a low-value currency, influenced by Vietnam's economic policies and inflation.
1 INR = 304.7 VND
(Source: xe.com, Currency values in Indian rupees as of July 19, 2024, 11:51 am IST | Image: Reuters)
The Iranian Rial is one of the lowest-valued currencies globally, primarily due to economic sanctions and high inflation in Iran.
1 INR = 504.4 IRR
(Source: xe.com, Currency values in Indian rupees as of July 19, 2024, 11:51 am IST | Image: Reuters)