Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
CFD
Stock CFD Derivatives
US Stocks
Access real US stocks and ETFs
HK Stocks
Trade quality Hong Kong-listed stocks
Korean Stocks
SK Hynix
Real Korean stocks and top assets
Stock Futures
High leverage, 24/7 trading
Tokenized Stocks
Backed by real stock assets
IPO Access
Unlock full access to global stock IPOs
GUSD
3.8%
Mint GUSD for Treasury RWA yields
Stocks Activities
Trade Popular Stocks and Unlock Generous Airdrops
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
IPO Access
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
I just noticed that many currencies around the world have very low values. Looking at exchange rate data, most of the countries with the cheapest currencies are in Southeast Asia and Africa.
Starting with the Lebanese Pound, which exchanges for nearly 90,000 US dollars, then looking at the Iranian Rial, Vietnamese Dong, and Laotian Kip. All of these countries have the cheapest currencies because their economies are weak, with high inflation and a lack of foreign investment. The Indonesian Rupiah is also on this list, even though the country has a large population, it still relies mainly on commodity exports.
Digging deeper, Uzbekistan Som, Guinean Franc, Paraguayan Guarani, and Burundian Franc are all among the world's cheapest currencies. The reasons are similar: small economies, political instability, and a lack of diversification in income sources. Indonesia, Vietnam, and Laos all face challenges in strengthening their currencies due to inflation issues and insufficient economic development.
What’s interesting is that the main factors causing these countries to have such low-value currencies are not very different. They all relate to inflation, public debt, political instability, and reliance on resource exports. If these countries can improve stability and diversify their economies, their currencies might strengthen in the future.