Get Acquainted With The Least Valuable Currencies In The World


# Columbian Peso

The Colombian peso has been the country’s currency since 1810, and is informally abbreviated as COL$. However, the official peso symbol is $. It is surprising to know that one can have banknotes of 1000, 2000, 5000, 10000, 20000, 50000 pesos.

Although the comparison is not in surprising figures, 1 U.S. Dollar = 1892.76 Pesos

# Tanzanian Shilling

The shilling is the currency of Tanzania, although widespread use of U.S. dollars is accepted in the country.

The amount in Tanzanian shilling is expressed in the form of x/y, where x is the amount above 1 shilling, and y is the amount in cents. An equals sign or hyphen signifies null. For example, 50 cents is written as "=/50" or "-/50", while 100 shilling is written as "100/=" or "100/-".

1 U.S. Dollar = 1658.48 Tanzanian Shilling

# South Korean Won

The “won” is the currency of South Korea, which is issued by the Bank of Korea, Seoul.  A single won is divided into 100 jeon, the monetary subunit. The jeon is no longer used for daily transactions, and it appears only in foreign exchange rates.

The official currency of North Korea is known as the North Korean won, which is issued by the Central Bank of the Democratic People's Republic of Korea, Pyongyang.

1 U.S. Dollar = 1033.21 South Korean Won

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