21 February 2024
The global foreign exchange market, with an estimated value of $752.7 billion in 2023, is on a trajectory to reach $1023.91 billion by 2028, growing at a compound annual growth rate of 6.5%. This expansion is attributed to the dynamic roles of reporting dealers who ensure liquidity by continually offering buy and sell prices for foreign currencies, thus significantly influencing daily forex market capacities. This article analyzes the 15 weakest currencies in the world in 2024.