Top 10 Weakest Currencies in the World
Global trade and finance rely heavily on currencies, but not all of them are created equal. A country's political climate,...
archiveLebanese pound
The world’s weakest currency – £1 is worth a whopping 120,900 | City & Business | Finance
A small country on the Mediterranean has the weakest currency in the world, with £1 equivalent to 120,900 in their currency. One Lebanese pound buys £0.0000083. This means that £1 is worth 120,900.70 Lebanese pounds.The country has a service-based economy, with the major sectors being metal products, banking, agriculture, chemicals, and transport equipment. The main growth sectors include banking and tourism. Lebanon also exports precious stones, metals, chemical products and food and drinks. The Lebanese pound (or lira) was formerly divided into 100 piastres, but because of high inflation during...