The Guinean franc is now among the ten weakest currencies in the world, according to the latest ranking published by the American business magazine Forbes. By 2026, the national currency is projected to rank 7th in this list, which is topped by the Lebanese pound and the Iranian rial.

The Guinean franc ranks 7th in the world

According to Forbes, one US dollar is currently worth 8,658 Guinean francs (GNF). Despite sustained economic growth in recent years, driven in particular by the mining sector, Guinea continues to face persistent inflation that weighs on the value of its currency.

According to several analysts, this situation reflects the gap between the country's macroeconomic performance and the real purchasing power of the population.

The world's weakest currencies

At the top of the rankings, the Lebanese pound (LBP) holds the title of weakest currency, with one dollar worth approximately 89,556 Lebanese pounds. Lebanon remains gripped by a major economic crisis, a collapsed banking system, and prolonged political instability.

It is followed by the Iranian rial (IRR), with more than 42,000 rials to one dollar, a direct consequence of the economic sanctions that continue to weigh on the country.

In third position, the Vietnamese dong (VND) trades at approximately 26,345 dong to one dollar, despite a growing economy.

The Laotian kip (LAK) and the Indonesian rupiah (IDR) complete the top 5 weakest currencies, followed by the Uzbek som (UZS) just ahead of the Guinean franc.

The other currencies at the bottom of the ranking

Behind the Guinean franc, we find the Burundian franc (BIF), the Malagasy ariary (MGA) and the Paraguayan guaraní (PYG), ranked 8th, 9th and 10th respectively.

An economic warning sign

This ranking, although indicative, highlights the macroeconomic challenges faced by several developing countries: inflation, dependence on raw material exports and low economic diversification.

For Guinea, this situation underscores the need to strengthen monetary stability and encourage more diversified national production, in order to reduce the vulnerability of the Guinean franc to major world currencies.