in

10 Most Valuable and Strongest Currencies in Africa 2018; Libyan Dinar Regains Top Spot

Have you ever wondered what is the highest currency in Africa, you know the strongest and most valuable currency in Africa, these currency notes that give you the most buying power in others country. Well, 24 days has understood you, with the right answers.

We would place the highest currency in Africa against the most used currency in the world {Dollars $} and that of the most populous country in Africa {Naira #} to find out how they compare to the Naira and the dollar. This article would focus on.

The highest currency in Africa / the strongest currency in Africa The top 10 best currencies in Africa in 2018 {The strongest and strongest currency in Africa 2018} 
1 – LIBYAN DINAR LYD 
2 – TUNISIA DINAR TND 
3 – GHANAIAN CEDIS GHS 
4 – SUDANESE BOOKS SDG 
5 – DIRHAM MAD MOROCCO 
6 – BOTSWANA PULA BWP 
7 – SOUTH AFRICA RAND ZAR 
8 – EGYPTIAN BOOKS EGP 
9 – ERITREA NAKFA ERN
10 – ZAMBIAN KWACHA ZMW

Details on each currency

1. LIBYAN DINAR LYD Libya is known for its vast crude oil deposit. Apart from that, I guess you must have heard about their former Gaddafi leader. But did you know that the Libyan currency, the Libyan dinar, is the strongest currency in Africa? Yes it is. One (1) Libyan dinar equals 264.70 NGN. In relation to the dollar, one dollar equals 1.36 Libyan dinars.

2. TUNISIA DINAR TND The Tunisian dinar comes after the Libyan dinar as the second most valuable currency in Africa. Compared to the Nigerian Naira, you will get 146.63 NGN exchanged for a Tunisian dinar. The exchange rate of this currency against the dollar, 1 US dollar is equivalent to 2.45 Tunisian dinars.

Loading...

3. GHANA COUNTRY GHS : This country in West Africa, one of Nigeria’s closest neighbors. Ghana, with a growing and well-managed economy, earned them third place. Ghanaian cedis have their highest currency in Africa. In addition, many years ago, their situation could not even be compared to that which could be obtained in Nigeria, but, as we have today, some would even say that they are better developed. One Ghanaian Cedi is 78.97 Naira. Compared to the dollar, the currency is strong, it is about 4.55 Ghanaian cedis, or one US dollar.

4. SDD SUDANESE BOOKS : The Sudanese pound is the currency of Sudan, it is one of the highest currencies in Africa. 7.01 Sudanese pound equals one US dollar. For the Nigerian Naira, a Sudanese pound equals 51.27 Naira.

5. DIRHAM MAD MOROCCO : This is one of the strongest currencies in Africa, a Moroccan dirham equals 38.50 naira. In addition, 9..33 Moroccan dirham is traded for one dollar.

6. BOTSWANA PULA BWP : A Botswana Pula is worth 36.39 NGN. It is the currency of Botswana and has sometimes been a strong currency on the continent. 9.88 Botswana Pula is traded for one dollar.

7. SOUTH AFRICAN RAND ZAR : The South African rand is the motto of South Africa. It should have been up to par, but the currency is gradually losing its value. Currently, a South African rand is worth 28.98 naira. Against the dollar, 12.39 South African rand are worth one dollar.

8. EGYPTIAN BOOKS EGP : The Egyptian pounds are worth 20.29 nairas. Its exchange rate against the US dollar is 17.71 Egyptian pounds for 1 USD.

9. ERITREA NAKFA ERN : The Eritrean Nakfa is the currency of Eritrea, an island country in Africa. The wife of former Edo State Governor Adams Oshiomhole is from here. Their currency is one of the currencies that beats the Naira. The currency is worth 23.81 Naira. The exchange rate of this currency against the dollar is 15.10 Eritrean Nakfa is equal to one USD.

10. ZAMBIAN KWACHA ZMW : The Zambian kwacha, Zambia’s currency, is also one of the highest currencies in Africa. It is worth 0.30 Naira. Ironically, the Zambian kwacha of 1 USD = 9.75

Loading...

Written by How Africa

Leave a Reply

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

CAPTCHA


Meghan Markle’s Half-sister Samantha Blasts Duchess’ Mum Doria – ‘She Was Not Around’

Top Ten Least Corrupt African Countries; See Where Your Country Stands…