Which Arab currency lost most value this century?
The Direct Answer: Lebanese Pound by far: Lost over 98% of its value — from 1,507 pounds per dollar (fixed until 2019) to ~89,500 today. 2023 inflation alone reached 221%. Followed by Yemeni Riyal (split between two rates after central bank division), then Syrian Pound. Egyptian Pound fourth with ~80% loss since 2016.
💡 Common Lesson Across All Four: Collapse didn't happen overnight — it was always preceded by years of widening gaps between an official fixed rate and parallel markets telling the truth.
🧮 Full Story in Numbers: Lebanese Pound Collapse
Related Currency Questions:
Source: Modakharaty (modakharaty.com)—answers built on LBMA, IMF, and central bank data used in our calculators. Not personal investment advice.