10 of the World's Worst Currencies 😱

Описание к видео 10 of the World's Worst Currencies 😱

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10 of the World's Worst Currencies. http://www.financial-spread-betting.c... PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE The Weakest (Cheapest) World Currencies in 2018... When currencies are tracked against the USA dollar, these are the ones who have performed the most poorly.

These are currencies that have been hyper-inflated and so devalued that you get millions of them for a dollar...
Are these the world's most worthless currencies? These are the most depreciated currencies.
10) Egyptian Pound - Civil unrest and poor economic decisions have eroded the currency in value with the biggest declines between 1990 and 2010
9) Nigerian Naira - considering they have so much oil, their currency hasn't been faring too well.
8) North Korean Won - we probably are all familar with the North Korean story; the North Korean economy has been suffering for a very long time.
7) Guinea Franc (GNF) - deplorable economic conditions have caused the Franc to experience very high inflation.
6) Lao Kip - currency used in Laos. Massive inflation - they have bank notes issued up to a 100,000 Kips.
5) Sierra Leonean Leone. Country doesn't have a government in place with civil war.
4) Indonesian Rupiah. High inflation. They are trying to counter inflation with interest rates.
3) Vietnamese Dong. Vietnam.
2) Iranian Real. Surprising considering the natural resources Iran has got.
1) Venezuelan Bolivar. Venezuela is in a disastrous state.
If you could invest into any one of these over a 20-year period, which one would you pick? :)

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