12 of the World’s Lowest Rated Currencies

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Money makes the world go around, as they say in the classics. But it depends where in the world you live because some money is worth so little, it’s hardly worth having. Of course if you’re planning a holiday and want your money to stretch a long way, you might consider visiting one of the countries that has one of the world’s lowest currencies. On the other hand, if the currency is down because of conflict or war, then it might not be such a good idea. The values compared to one US dollar indicated here are based on conversions done on April 3, 2015. They may change day-to-day, but usually not dramatically, except in times of crisis.

#12 Kenyan Shilling

World’s Lowest Rated Currencies

Kenyan shilling KES Photo: www.mypivots.com

The Kenyan shilling (KES) replaced the East African shilling in 1966 when the old colonialist East African Monetary Union broke up. The KES can be subdivided into 100 Kenyan cents. Less than one US cent will buy you a KES, and if you spend a dollar, you’ll get about 92 KES. But the political instability in Kenya right now, particularly the continued attacks by Al-Shabaab, is a bit off putting for tourists, even though its currency is performing better than those of its neighbors, particularly Tanzania (see #4).

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