Image Group

Shutterstock

Zambia's currency, the kwacha (shown above), was the world's fourth most volatile in the 3rd quarter at 5.62 percent.

Global currencies were slightly less volatile in the third quarter but some troubling hot spots remain.

Global currency volatility cooled slightly in the third quarter of 2018 to an average of 1.48 percent, down from the 1.67 percent average from the previous quarter, according to the latest data from the Currency Volatility Index (CVI), a measurment of currency volatility compiled quarterly by CreditPulse.  Venezuela's currency continued its slide into oblivion as the world's most unstable with a volatility rate of 25.8 percent.