kuchi tribal jewelry wholesale Which country currency is the cheapest currency

kuchi tribal jewelry wholesale Which country currency is the cheapest currency

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  1. wholesale bridal jewelry in america The cheapest currency TOP1: Iran's Riya
    The official exchange rate of the current US dollar against Iranall is 42,000, Iran's "Royn" the world's cheapest currency list at the beginning of the year. The maximum face value of Rial issued by Iran is 10,000 yuan. Since 2012, because the United States and Europe have announced sanctions on Iran, Iran's currency has opened a significant depreciation. The official exchange rate shows that the cumulative depreciation of Iran in the past ten years has exceeded 300%compared to the US dollar. And the Root Black market exchange rate, the amount of US dollars redeemed Riyal is as high as 112,000 yuan.
    The cheapest currency TOP2: Vietnamese Shield
    The Vietnamese Shield won the world's cheapest currency. The current official exchange rate shows that $ 1 can be exchanged for 23,195 yuan Vietnamese. Since the Asian financial crisis in 1997, the Vietnam Dun has depreciated more than 100%compared to the US dollar. Unlike Iran's depreciation of currency caused by international sanctions, the Vietnamese economy is an export economy, and the depreciation of the Vietnamese shield played a positive role in stimulating the export of goods and boosting the economy from a certain extent.
    The cheapest currency TOP3: Indonesian Shield
    In the top ten "cheapest" currency rankings in the world, Southeast Asian countries account for four. Except for the Vietnamese Shield, the Indonesian Shield, Laos Kipu, and Cambodia depreciated 480%, 780%, and 46%compared with the 1997 financial crisis.
    2018 The global rejuvenation and economics were pushed. The exchange rate of the Indonesian shield against the US dollar in the first ten months depreciated by 13%compared with the beginning of the year. In order to cope with the crisis of continued currency depreciation, the Indonesian central bank implemented a total of six interest rate hike last year. From the perspective of the exchange rate in the past two months, the depreciation of the Indonesian shield has eased.
    The worst inflation: Venezuela Bolivar
    In 2018, Venezuela's malignant inflation spread, and the currency depreciation exceeded 10,000 times. At the end of July, the official exchange rate showed that the amount of Venezuela that could be exchanged for $ 1 was as high as 172368! At the beginning of the year, the number displayed by the official exchange rate was only 9.975 (it is generally believed that the official exchange rate of Venezuela has concealed, and the actual exchange rate is higher). In August, Venezuela issued Singapore Coins with a redemption ratio of 1 to 100,000 yuan. The latest exchange rate shows that $ 1 can be convertible for S $ 3294.

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