Tens of thousands of British tourists journey to the far side of the world each year to visit an island nation that seems to offer something for everyone.

Made up of thousands of islands, Indonesia attracts people with its pristine beaches, the wildlife of Sumatra, incredible culture and the famous nightlife of Bali.

Major British tour operators, including TUI and Virgin, offer trips to the Asian country, which is also popular with Australians and New Zealanders.

However, the vast island archipelago, home to more than 275million people, is also home to one of the world’s weakest currencies.

The Indonesian Rupiah has been named by Forbes magazine as one of the weakest currencies of 2024.

The rupiah, introduced in 1946, has been hit by a combination of high inflation and fears of recession, according to the magazine.

As a result one rupiah is currently worth £0.00004, according to currency website xe.com.

This means a single pound sterling is worth 20,708 rupiah.

According to Numbeo, a website that measures the prices of the cost of living in cities across the world, a domestic beer currently goes for around 50,000 rupiah at restaurants in Bali (around £2.47 based on the above rate).

A cappucino goes for the equivalent of around £1.82 and an ‘inexpensive meal’ averages out at just over £2, although this will of course vary between locations and businesses.

There are a number of currencies on the Forbes list that are weaker than the Indonesian Rupiah, but by and large these are in places far less visited by many British tourists.

The weakest currency in the world at the moment according to Forbes is the Lebanese Pound, which £1 Sterling will currently get you 118,058 of – although given the current exchanges of fire between Israel and Hezbollah along the Middle Eastern nation’s southern border this is not an exchange rate many British visitors are going to be using.

The Iranian Rial is the second weakest, with £1 currently being worth more than 55,000 of them.

The next two weakest currencies, the Vietnamese Dong and the Laotian Kip, are more likely to be used by British backpackers travelling around South East Asia. £1 is currently worth around 32,000 and 29,000 of these respectively.