7. SOUTH AFRICAN RAND ZAR (1$=14)

Alongside Nigeria, South Africa boasts one of the continent’s strongest economies; however, a sluggish global economy and a fall in commodity prices has hit the rand in recent times with its value declining against the dollar. It currently exchanges for 14 rand to every 1USD.

https://face2faceafrica.com/article/african-currency

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Naira

6. BOTSWANA PULA BWP (1$=10.

The pula is Botswana’s official currency, with $1 worth about 10.8 Botswanan pula. The Botswanan economy is often regarded as an African success story; the country enjoys one of the highest Human Development Indexes (HDI) on the continent. Government revenue is derived from mining, cattle ranching, and the service sector.

where is the remaining na

5. MOROCCAN DIRHAM MAD (1$=9.9)

Morocco boasts one of the strongest currencies in Africa, with $1 currently exchanging for about 9.9 Moroccan dirham. The economy is built around tourism, manufacturing, and agriculture.

4. ZAMBIAN KWACHA ZMW (1$=9.84)

The kwacha is the official currency of Zambia. The exchange rate is currently 1USD for about 9.84 Zambian kwacha, making it one of the most valuable currencies in southern Africa. Zambia maybe considered another of the surprise inclusions on this list since its economy is largely agrarian with some extra revenue coming in from the tourism sector

3. SUDANESE POUNDS SDG (1$=6.4)

Despite decades of civil war, Sudan has managed to keep the value of its official currency respectable through a series of re-evaluations, with the most recent coming in 2011 and $1 currently exchanging for 6.4 Sudanese pounds. Crude oil exports, fishing, and agriculture remain the major sources of the government’s revenue.

Haniel18:
where is the remaining na

Have patience. I am dropping all of them here

2. GHANAIAN CEDIS GHS (1$=4)

Ghana is the only West African country on this list. One USD currently exchanges for 4 Ghanaian cedis, making it the second most valuable currency on our list. Ghana boasts one of the most stable democracies in Africa, and the economy is well managed. In addition, despite the slump in commodity prices, the recent discovery of oil has served to boost the economy.

1. LIBYAN DINAR LYD (1$= 1.4116)

Based on its exchange rate to the dollar and its purchasing power, the Libyan dinar is Africa’s strongest currency. One dollar currently exchanges for about 1.4116 Libyan dinars. This is an impressive achievement considering that the North African country has been cut up in a civil conflict since former strongman Muammar Gaddafi was ousted in the 2011 Arab spring uprising. Some analyst believe the currency has been buoyed by the country’s extensive oil reserves and its role as a gateway for African migrants looking to enter Europe.

wow,very impressive

borntosuccess:
wow,very impressive

I agree with you especially Libyan currency topping the list

So even Botswana's curgency is far ahead of naira in terms of value. Oh no,who knows the naira may be occupying 110th position courtesy of the bunch of clueless folks we have in Apc led government. I weep for this country

Nigeria naira dead.

You all are funny. Travel and see that Nigeria is only better than the poor west African countries surrounding us. Apart from them, No country is worse than Nigeria in the world
You know where we lost it? When we scraped the 4 regions for this nonsense arrangement where federating entities dont make effort to grow their economies because they are expecting oil money.
NNPC is even not a viable company. Just another ponzi scheme by our crook leaders. An oil company without viable refinaries? Only in Nigeria.
Can we go back to the regions and look inwards. We are fast being left behind by countries we started this journey with

Daguccizgreat:
So even Botswana's curgency is far ahead of naira in terms of value. Oh no,who knows the naira may be occupying 110th position courtesy of the bunch of clueless folks we have in Apc led government. I weep for this country

Bede2u:
You all are funny. Travel and see that Nigeria is only better than the poor west African countries surrounding us. Apart from them, No country is worse than Nigeria in the world
You know where we lost it? When we scraped the 4 regions for this nonsense arrangement where federating entities dont make effort to grow their economies because they are expecting oil money.
NNPC is even not a viable company. Just another ponzi scheme by our crook leaders. An oil company without viable refinaries? Only in Nigeria.
Can we go back to the regions and look inwards. We are fast being left behind by countries we started this journey with

And yet it is the second largest economy in Africa

TheGeneral1:


And yet it is the second largest economy in Africa

450 billion with 180 million pple when south africa with 50 million ppl has 320 billion? Lol. Wat do u even understand by economy and large. Wen oil finish na dat time u go no how poor naija dey

57. NIGERIAN NAIRA ($1=?)


Hopefully, we shall get better oneday?

Jesus! I never knew, OP thank you for opening my eyes. What are my traveling to Europe or American countries when I can easily navigate to Ghana and make some cool money.

TheGeneral1:


And yet it is the second largest economy in Africa

I guess you don't really understand the synergy behind countries & economy


It may interest you to note that ¥1 Japanese Yen is equal to #1 Nigeria Naira yet, Japan is the forth largest economy in the world

What Nigeria govt need to do is to make our currency have value


For example, one jean in Japan is ¥150 yet, that same jean in Nigeria is #3000 where ¥1 = #1

Do you now see d difference?

I disagree with the list, some countries in the list like the Cedis. Ghana redenominate their currency which only changes the face value while the purchasing power remain tha same.

The ranking of the most valuable highest currencies in Africa has changed due to different economic reasons in the various African countries, I got an updated list for this year on Africabyt.

Top 10 Most Valuable Currencies In Africa 2020
1 LYD
1. Libya Dinar - 1 LYD = 0.71 USD

2. Tunisian Dinar - 1 TND = 0.34 USD

3. Ghana Cedi - 1 GHS = 0.17 USD

4. Morocco Dirham - 1 MAD - 0.097 USD

5. Seychellois Rupee - 1 SCW to 0073 USD

6. Eritrean Nakfa - 1 ERN = 0.067

7. Egyptian Pound - 1 EGP = 0.063

8. Botswana Pula - 1 BWP to 0.054 USD

9. Zambian Kwacha - 1 ZMW - 0.054 USD

10. South African Rand - 1 ZAR = 0.053 USD

Source: https://africabyt.com/strongest-currencies-in-africa/