10 Weakest Currencies: 2023 Global Ranking

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Iranian Rial (IRR): With ongoing economic challenges and inflation, the Iranian Rial struggles to hold its value, making it one of the weakest currencies in 2023.

Vietnamese Dong (VND): Vietnam's currency faces devaluation due to trade imbalances and inflation, making it less powerful on the global stage.

Laotian Kip (LAK): The Laotian Kip's weakness is linked to its limited international trade, low foreign exchange reserves, and economic challenges.

Paraguayan Guarani (PYG): Despite steady economic growth, the Guarani remains weak due to its limited international reach and lower demand.

Indonesian Rupiah (IDR): High inflation and trade deficits contribute to the IDR's position among the weakest currencies in 2023.

Belarusian Ruble (BYN): Belarus faces economic difficulties, causing the Ruble's value to weaken, impacting its global standing.

Uzbekistani Som (UZS): Economic instability and a lack of international trade have resulted in the Som's depreciation.

Zambian Kwacha (ZMW): Zambia's currency is weakened by economic challenges, low foreign exchange reserves, and inflationary pressures.

Congolese Franc (CDF): Political instability and economic issues contribute to the Franc's position as one of the weakest currencies in 2023.

Afghan Afghani (AFN): Ongoing conflict and political turmoil have severely affected the Afghani's value, making it one of the world's weakest currencies.

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