5 Stable Currencies In Africa In 2024
Africa is blessed with a rich continent that is full with natural resources and great culture that thrive through our economy.
It is also important to let you know how good some currencies are.
So today we shall let you know 5 most performing currencies with strong economy in Africa in 2024.
Below are the list:
1. Tunisian Dinar
2. Libyan Dinar
3. Ghanian Cedi
4. Moroccan Dirham
5. Botswana Pula
Read in details:
1. Tunisian Dinar
Tunisian Dinar |
The Tunisian Dinar is the official and national currency of Tunisia (TND).
Tunis Dinar was introduced on November 1, 1958 as it replaced the old Tunisian franc.
Tunisian Dinar is one of the strongest currencies in Africa and world at large with so much respect.
Current Exchange Rate: $1 = 3.11.
2. Libyan Dinar
Libyan Dinar |
The Libyan Dinar (LYD), is the official currency of Libya and the second in our list because of the pervasiveness of Libyan economy, this currency is one of the strongest currencies in Africa today.
The Libyan Dinar was introduced in 1971, replaced Libyan Pound.
Current Exchange Rate: $1 = 4.81.
3. Ghanian Cedi
Ghanian Cedi |
The Ghanian Cedi (GHC), is the official currency of Ghana, introduced in 1965 and replaced Ghanian Pound.
Ghanian Cedi made it to number 3 in our list due to economic success of Ghanian economy.
The currency is doing well.
Current Exchange Rate: $1 = 4.81.
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4. Moroccan Dirham
Moroccan Dirham |
The Moroccan Dirham (MAD), is the official currency of Morocco, introduced in 1960 and replaced the Moroccan Franc.
Dirham has been performing really well in African continent and beyond making Moroccan economy one of the strongest in Africa.
Current Exchange Rate: $1 = DH 9.93.
5. Botswana Pula
Botswana Pula |
The Botswana Pula (BWP), is the official currency of Botswana, introduced in 1976 and replaced the South Africa Round.
The Pula is our number 5 because of the stable economy of Botswana in Southern African.
Africa as a continent is totally blessed with natural and mineral resources, so these are the strongest and best performing currencies in Africa today, thanks for reading, share if you like it.
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