Top 6 Strongest Currencies On The African Continent

3. 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.

2. SUDANESE POUNDS SDG (1$=6.4) IS ONE OF THE STRONGEST CURRENCIES

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.

1. GHANAIAN CEDIS GHS (1$=4) IS ONE OF THE STRONGEST CURRENCIES

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.

Source: Face2Face Africa

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