The lowest is hard to say. In some small countries in South America and Africa, currencies are very unstable and inflation is very serious. Among the larger countries, Iran and Indonesia have low currencies, and 1 yuan is equivalent to 1, more than 300 local currencies.
The People's Bank of China authorized China Foreign Exchange Trading Center to announce that on May 6, 2009, the central parity of the exchange rate of the currencies traded in the inter-bank foreign exchange market against RMB was 100 yen to RMB 6.9 127 yuan, and 1 pound to RMB 10.2604 yuan.
Give me a ranking of world currencies. On April 2, 2006, the latest ranking of the world's per capita GDP calculated by purchasing power was reported. Currency: USD 1 Luxemburg 43940 2 Norway 43350 3 Switzerland 39880 4 USA 376 10 5 Japan 345 10 6 Denmark 33750 7 Iceland 308 10 8 Sweden 28840 9 UK 28350 10 Finland. Ireland 26020 33 Slovenia 1 1 830 34 Bahrain126035 Poland 10 950 36 Malta 9 260 37 Barbados 9 270 38 Antigua 9 160 39 Saudi Arabia * *. 830 4 1 Palo 7500 42 Seychelles 7480 43 Trinidad and Tobago 7260 44 Saint Kitts and Nevis 6880 45 Czech 6740 46 Hungary 6330 47 Mexico 6230 48 Cronia 5350 49 Poland 5270 50 Estonia 4960 5 1 Slovakia 4920 52 Lithuania 4490 53 Chile 433 790 6 1 Uruguay 3 790 62 Malaysia 3 780 63 Argentina 3 650 64 Gabon 3 580 65 Venezuela 3 490 66 Botswana 3 430 67 Dominica 3 360 68 Polit 3 1 90 69 Saint Vincent 3 300 70 Turkey 2 790 7 1 South Africa 2 780 72 Jamaica 2 760 73 Brazil 2 7 10 74 240 80 El Salvador 2 200 8 1 Thailand 2 190 82 Peru 2 150 83 Bulgaria 2/ Kloc-0/30 84 Micronesia 2 090 85 Dominica 2 070 86 Suriname 1 990 87 Iran 2 000 88 Macedonia 1 980 89 Guatemala 1 966850 94 Colombia 1 8 10 95 Ecuador/Kloc. 790 96 Kazakhstan/KOOC-0/780 97 Albania/KOOC-0/740 98 Samoa/KOOC-0/600 99 Belarus/KOOC-0/590/KOOC-0/00 Bosnia and Herzegovina/KOOC-0/540/KOOC-0/Kapveda 350. 05 Morocco 1, 320 106 Wenatu 1, 180 107 Syria 1, 160 108 Turkmenistan/Kloc. 120 109 West Bank and Gaza 1, 110 China1,100 165438. 100 1 12 Philippines10801kloc-0/3 Honduras 97014 Ukraine 9701/kloc. 6 Sri Lanka 930 165438++025 Angola 740 126 Nicaragua 730 127 Bhutan 660 128 Divorel 660 129 Cameroon 640 130 Congo 640. 38+033 Modovi 590 134 Senegal 550 135 India 530 136 Yemen 520 137 Papua New Guinea 5 138 Zimbabwe 480 139 Mongolia 480/kloc. 438+04 1 Pakistani 470 142 Sultan 460 143 oros 450 144 Benin 440 145 Guinea 430 146 Mauritania 4301. Backstam 420 149 Bangladesh 400 150 Kenya 390 15 1 Haiti 380 152 Zambia 380 153 Kyrgyzstan 330 154 Ghana 320. O-Tom□ 320 158 Cambodia 31kloc-0/59 Gambia 310/60 Togo 3 16 1 Burkina Faso 30010. Kloc-0/64 Tanzania 290 165 Central 5438+067 Nepal 240 168 Uganda 240 169 Rwanda 220 170 Mozambique 210/Niger 200. 174 Sierra Leone 150 175 Guinea-Bissau 140 176 Liberia 130 177 Burundi 100.
What is the highest exchange rate between US dollar and RMB in history? The highest exchange rate of RMB against the US dollar (since the reform and opening up) was 1 RMB 7.4692, which broke through the 7.47 mark, and the time was10,31,in 2007.
From 1949 to 1978, the exchange rate of RMB against the US dollar remained at 2.75 to1.50 (RMB/1US dollar, the same below) for a long time. From 1979, the RMB gradually depreciated. By 1994, the lowest RMB fell to 8.62 (down 83%), and then it remained stable at 8.27 until July 2005.
The sharp depreciation of RMB has promoted international capital to enter China, revitalized China's abundant labor resources and made China's economy develop rapidly.
Extended data
There are two pricing methods for foreign exchange rates:
1, direct quotation (refer to "payable pricing method"), also known as price pricing method, refers to how many units of foreign currency are calculated for conversion based on a certain unit (1, 100, 1000, etc.). ). It is equivalent to calculating how much local currency should be paid for purchasing a unit of foreign currency, so it is called the payable price method.
Most countries in the world, including China, adopt direct quotation. In the international foreign exchange market, Japanese yen, Swiss franc and Canadian dollar are all quoted directly, such as Japanese yen 1 19.05, that is, one dollar against 1 19.05 yen. Under the direct quotation, if a unit's foreign currency conversion cost currency is more than the previous period, it means that the foreign currency value rises or the local currency value falls, which is called the foreign exchange rate rise;
On the other hand, if you want to use less local currency than before, you can convert it into the same amount of foreign currency, that is to say, the decline of foreign currency value or the increase of local currency value is called the decline of foreign exchange rate, that is, the value of foreign currency is directly proportional to the rise and fall of exchange rate.
2. Indirect quotation method (refer to "quotation receivable method") Indirect quotation method is also called quotation receivable method. It is based on a certain unit of the country's currency (such as 1 unit) to calculate several units of foreign currency receivable. In the international foreign exchange market, euro, pound and Australian dollar are all indirectly priced. For example, the euro is 0.9705, which means that 1 euro is 0.9705 USD.
3. Direct quotation and indirect quotation.
The meanings of direct quotation method and indirect pricing method are completely opposite to exchange rate fluctuation, so when quoting the exchange rate of a certain currency and explaining its exchange rate fluctuation, it is necessary to specify which pricing method to adopt to avoid confusion.
4. Dollar price method is also called new york price method.
Dollar pricing method, also known as new york pricing method, refers to the indirect pricing method for other foreign currencies in new york international financial market, except for the direct quotation for pound sterling. The dollar pricing method was formulated and implemented by the United States in September of 1978 and 1, and it is a common pricing method in the international financial market.