News
GuardianGovernment borrowing costs hit multi-year highs as markets fear inflation, and oil and gas prices rise – as it happened·SCMPWill Russia’s plan for overland oil route be ‘game changer’ for India’s energy security?·SCMPEU plans most far-reaching sanctions on Russia in coming months·NYTWorker Pay Isn’t Keeping Up With Inflation Once Again·NYTJuly Retail Sales Notch Biggest Drop in Over a Year·NYTAmazon and Alphabet’s Profits Reveal Circular Nature of A.I. Boom·BBCUS says dozens of countries helped China dodge Trump's tariffs·Bank of Japan(Research Paper) What Prevents Productivity Gains from Translating into Wages: Lessons from Japan's Deflationary Period·GuardianGovernment borrowing costs hit multi-year highs as markets fear inflation, and oil and gas prices rise – as it happened·SCMPWill Russia’s plan for overland oil route be ‘game changer’ for India’s energy security?·SCMPEU plans most far-reaching sanctions on Russia in coming months·NYTWorker Pay Isn’t Keeping Up With Inflation Once Again·NYTJuly Retail Sales Notch Biggest Drop in Over a Year·NYTAmazon and Alphabet’s Profits Reveal Circular Nature of A.I. Boom·BBCUS says dozens of countries helped China dodge Trump's tariffs·Bank of Japan(Research Paper) What Prevents Productivity Gains from Translating into Wages: Lessons from Japan's Deflationary Period·

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
Intelligence DashboardExplore trends
Scoring Factors →