Many people are familiar with some African currencies, but not everyone knows the value of these banknotes. Based on this, Globalgistng brings you the top 10 countries with the most valuable currency in Africa.
Below is a list of the top 10 countries with the most valuable currencies in Africa.
- Libyan Dinar
Libyan Dinar is the most valuable currency in Africa. 1. Libyan Dinar (1 USD – 1.43 LYD).
2. Tunisian Dinar
This is the second most valuable currency the continent of Africa has produced. Tunisian Dinar (1USD – 2.90 TND). Libya is a country in North Africa.
3. Ghanaian Cedi (1USD – 5.75 CEDI)
Ghana is a country that has consistently worked on its currency to give it enough value. The Ghanaian Cedi (1USD – 5.75 CEDI).
4. Moroccan Dirham
Moroccan Dirham is trailing Ghanaian Cedi. (1 USD – 9.87 Mad). Morocco can be found in North Africa.
5. Botswana Pula
Botswana has the fifth most valuable currency in Africa. (1 USD – 11.86 Pula). The country, which is in Southern Africa, has a population of 2.3 million people, according to its 2019 census.
6. Eritrean Nafka
Eritrean Nafka is the sixth most valuable currency in Africa. (1 USD – 15.00 ERN).
7. Egyptian Pounds
The Egyptian Pounds comes seventh in the list of top 7 countries with the most valuable currencies. (1 USD – 15.75 EGP).
- Zambian Kwacha (1 USD – 17.62 ZMK)
Zambia is known for it large production of copper in the continent.
Zambia is a land full of diverse wildlife.
Zambian’s economy has always been anchored on copper which is her major source of export earnings.
- South African Rand (1 USD – 17.84 Rand)
South Africa has a very vibrant and competitive economy and is the only African member of the G-20 economic group.
- Sudanese Pound (1 USD – 55.30 SDG)
Sudan no be beans, it is a nation ravaged by war, but then she still manages to maintain a stable currency exchange rate.