17:39 - 27.08.2024

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August 27, Fineko/abc.az. The year 2023 has witnessed significant shifts in the global currency market, with several currencies experiencing substantial devaluation against the US dollar.

According to a recent study by Global Index, the Lebanese pound emerged as the biggest loser, plummeting by a staggering 89% over the past year.

Below is the list of currencies that experienced the highest drop to the US dollar:

Lebanese pound: -89%

Argentine peso: -77%

Nigerian naira: -42%

Angolan kwanza: -39%

Malawian kwacha: -39%

Turkish lira: -35%