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Coins that have most, least purchasing power in world
Five paisa coins used to be in circulation in India not very long ago. Then they went out of circulation and soon after 10 paisa coins too ran out of change. These days 50 paisa coins do change hands but not as frequently as they did once.
The reason why lower denomination coins disappear is because they stop having any value at all. Forget five paisa, it will be a struggle to buy anything with even a 50 paisa coin.
Let's take a look at some coins that are worth less than any other in the world.
Source: BBC
Complete coverage: Union Budget 2013-14
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Coins that have most, least purchasing power in world
Norway
Smallest coin: 1 Krone
Value in US cents: 18.2
Value in UK pennies: 12
Global rank in most value: 1
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Coins that have most, least purchasing power in world
Sweden
Smallest coin: 1 Krona
Value in US cents: 15.8
Value in UK pennies: 10.4
Global rank in most value: 2
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Coins that have most, least purchasing power in world
Denmark
Smallest coin: 50 Ore
Value in US cents: 9.1
Value in UK pennies: 6
Global rank in most value: 3
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Coins that have most, least purchasing power in world
New Zealand
Smallest coin: 10 Cent
Value in US cents: 8.4
Value in UK pennies: 5.5
Global rank in most value: 4
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Coins that have most, least purchasing power in world
Uzbekistan
Smallest coin: 1 Tiyin
How many = 1 US cent: 1,999
How many = 1 UK penny: 3,038
Global rank in least value: 1
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Coins that have most, least purchasing power in world
Burma
Smallest coin: 1 Pya
How many = 1 US cent: 855
How many = 1 UK penny: 1,300
Global rank in least value: 2
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Coins that have most, least purchasing power in world
Tanzania
Smallest coin: 5 Cent
How many = 1 US cent: 325
How many = 1 UK penny: 494
Global rank in least value: 3
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Coins that have most, least purchasing power in world
North Korea
Smallest coin: 1 Chon
How many = 1 US cent: 132
How many = 1 UK penny: 201
Global rank in least value: 4
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Coins that have most, least purchasing power in world
Sri Lanka
Smallest coin: 1 Cent
How many = 1 US cent: 126
How many = 1 UK penny: 192
Global rank in least value: 5
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Coins that have most, least purchasing power in world
Jamaica
Smallest coin: 1 Cent
How many = 1 US cent: 92
How many = 1 UK penny: 140
Global rank in least value: 6
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Coins that have most, least purchasing power in world
Bangladesh
Smallest coin: 1 Paisa
How many = 1 US cent: 79
How many = 1 UK penny: 120
Global rank in least value: 7
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Coins that have most, least purchasing power in world
Guinea
Smallest coin: 1 Centime
How many = 1 US cent: 70
How many = 1 UK penny: 106
Global rank in least value: 8
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Coins that have most, least purchasing power in world
Madagascar
Smallest coin: 2 Iraimbilanja
How many = 1 US cent: 55
How many = 1 UK penny: 84
Global rank in least value: 9
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Coins that have most, least purchasing power in world
The Philippines
Smallest coin: 1 Centavo
How many = 1 US cent: 41
How many = 1 UK penny: 62
Global rank in least value: 10
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Coins that have most, least purchasing power in world
Armenia
Smallest coin: 10 Luma
How many = 1 US cent: 41
How many = 1 UK penny: 62
Global rank in least value: 11