News
SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·Al JazeeraIs the US trying to force regime change in Cuba?·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·NYTG7 Finance Ministers Look to Contain Iran Economic Fallout·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·Al JazeeraIs the US trying to force regime change in Cuba?·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·SCMPUS extends Russian oil waiver by 30 days as Hormuz closure chokes supply·NYTG7 Finance Ministers Look to Contain Iran Economic Fallout·

Methodology

How we score the risk of every fiat currency on earth.

How it works

Every currency receives a composite risk score from 0 to 100. Higher scores mean the currency is more likely to lose value and purchasing power. The score is computed from 12 weighted factors covering economic health, banking stability, governance quality, currency structure, capital controls, and market signals.

Critically, countries that don't report data are penalized, not rewarded. A 10% data opacity penalty ensures that opaque economies (which tend to be the riskiest) can't hide behind missing numbers.

Risk levels

Low
0–24
Stable currency, strong institutions
Moderate
25–49
Some concerns, worth monitoring
High
50–74
Significant stress, erosion likely
Critical
75–100
Severe risk, rapid value loss

Trend direction

Each country shows a trend arrow (↗ improving, ↘ worsening, → stable) computed from year-over-year changes in inflation and debt-to-GDP:

  • Worsening: Inflation up >2 percentage points OR debt/GDP up >5 percentage points
  • Improving: Inflation down >2pp OR debt/GDP down >5pp
  • Stable: Neither threshold crossed