Top 10 Strongest African Currencies in Comparison with the US Dollar in 2021

Top 10 Strongest African Currencies in Comparison with the US Dollar in 2021Top 10 Strongest African Currencies in Comparison with the US Dollar in 2021

10. Egyptian pound (1 US dollar = 16.30 Egyptian pound)

For many years, the Egyptian pound has been highly regarded for its informal use in Sudan and the Gaza Strip. It also gained value after the Egyptian government lowered interest rates to attract domestic and foreign investment.

9. Eritrean Nakfa (1 USD = NFK 15)

Eritrean Nakfa has remained stable for many years because the government does not float its currency and therefore uses a fixed exchange rate.

8. South African Rand (1 U.S. Dollar = 14.87 Rand)

For many years, the price of gold has determined the value of South African Rand because it is the country’s main export product.

7. Seychelles rupee (1 US dollar = 13.64 rupee)

Due to the country’s strict monetary policy, the Seychelles rupee is one of the highest currencies in Africa.

6. Zambian Kwacha (1 USD = 13.14 CZK).

The Zambian Kwacha is the largest copper producer in Africa, so it is good value for money.

5. Botswana Pula (1 USD = P 10.9)

Botswana Pula is very important because the country has a strong economy and the majority rule is generally stable.

4. Moroccan Dirham (1 USD = 9.89 MAD)

The Moroccan Dirham is a recognized trading mechanism in Western Sahara.

3. The Ghanaian Cedi (1 USD = GHC 5.49)

Over the years, the Ghanaian Cedi has experienced great volatility, until the Bank of Ghana replaced Cedi in 2007. The largest in West Africa.

2. Tunisian Dinar (1 UD = DT 2.87)

Tunisia was a French colony and used francs as currency, but they changed the franc to the dinar in 1960. According to different monetary standards, it helps the dinar become one of the highest currencies in Africa.

1. Libyan Dinar (1 USD = LD 1.41)

The Libyan Dinar has always been the highest and most basic currency in Africa. Because the country’s central bank has adopted a strict monetary policy, it has been increasing its strength.


Dominic Nwodo

One Of The Best Content Creator/Blogger In Nigeria. DM Me For Business 08109211747 Cath Me Up On Instagram @dominic_nwodo

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to top button