Monday, 24 September 2018

Top 10 Most Valuable, Strongest Currencies in Africa 2018

Have you ever wondered what is the highest currency in Africa, you know the Strongest most valuable currency in Africa, those particular currency notes that give you the more buying power in other countries. 

Well, NaijaQuest has got your back on that, 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 know how they compare to the Naira and dollar. This article would center on.

Highest currency in Africa / strongest currency in Africa 

Top 10 Highest Currency in Africa in 2018 { Most Valuable Strongest Currency In Africa 2018 }


1. LIBYAN DINAR LYD
2. TUNISIA DINAR TND
3. GHANAIAN CEDIS GHS
4. SUDANESE POUNDS SDG
5. MOROCCAN DIRHAM MAD
6. BOTSWANA PULA BWP
7. SOUTH AFRICAN RAND ZAR
8. EGYPTIAN POUNDS EGP
9. ERITREAN NAKFA ERN
10. ZAMBIAN KWACHA ZMW

Details on Each Currency

1. LIBYAN DINAR LYD
1 USD To 1.36 LYD
1 LYD To 264.70 NGN


Libya is known for its vast deposit of crude oil. Aside from this, I guess you must have heard of their former ruler Gaddafi. But did you know that the currency of Libya, the Libyan Dinar is the strongest currency in Africa ? Yes, it is. One (1) Libyan Dinar equals to NGN 264.70. When compared with the dollar, one dollar is equivalent to 1.36 Libyan dinars.

2. TUNISIA DINAR TND
1 USD To 2.45 TND
1 TND To 146.63 NGN


The Tunisian Dinar comes in after the Libyan Dinar as the second most valuable currency in Africa. When compared to the Nigerian Naira, you will get NGN 146.63 exchanged for one Tunisian Dinar. The exchange rate of this currency to the dollar, 1 US dollar is equivalent to 2.45 Tunisian dinars.

3. GHANAIAN CEDIS GHS
1 USD To 4.55 GHS
1 GHS To 78.97 NGN


The west African country, one of the closest neighbor to Nigeria. Ghana, with a growing and well-managed economy, This has earned them the third spot with the Ghanaian cedis has their highest currency in Africa. Also, many years back, their situation could not even be compared to what is obtainable in Nigeria but as we have it today, some would even argue that they are better developed. One Ghanaian Cedi is equal to 78.97 Naira. Comparing it with the dollar, the currency is strong, it is approximately 4.55 Ghanaian cedis that’s one U.S dollar.

4. SUDANESE POUNDS SDG

1 USD To 7.01 SDG
1 SDG To 51.27 NGN


The Sudanese Pounds is the currency of Sudan, it is one of the highest currency in Africa. 7.01 Sudanese pounds is equal to one United States dollar. To the Nigerian Naira, a Sudanese pound equals 51.27 Naira.

5. MOROCCAN DIRHAM MAD
1 USD To 9.33 MAD
1 MAD To 38.50 NGN


This is one of the strongest currencies in Africa, one Moroccan Dirham equals 38.50 Naira. Also, 9..33 Moroccan Dirham is exchanged for one dollar.

6. BOTSWANA PULA BWP

1 USD To 9.88 BWP
1 BWP To 36.39 NGN


A Botswana Pula is worth NGN 36.39. It is the currency of Botswana and have for sometimes now been a strong currency on the continent. 9.88 Botswana Pula is exchanged for one dollar.

7. SOUTH AFRICAN RAND ZAR
1 USD To 12.39 ZAR
1 ZAR To 28.98 NGN


The South African Rand is the currency of South Africa. This should have been up the ladder but the currency is gradually losing it value. Currently, one South African Rand is 28.98 Naira. Against the dollar, 12.39 South African Rand equals one dollars.
Top 10 Most Valuable, Strongest Currencies in Africa 2018
8. EGYPTIAN POUNDS EGP
1 USD To 17.71 EGP
1 EGP To 20.29 NGN


The Egyptian pounds is worth 20.29 Naira. It exchange rate to the United States dollar is 17.71 Egyptian pounds to 1 USD.

9. ERITREAN NAKFA ERN
1 USD To 15.10 ERN
1 ERN To 23.81 NGN


The Eritrean Nakfa is the currency of Eritrea, an island country of Africa. Former Edo State Governor Adams Oshiomhole’s wife is from here. Their currency is one of the currency that beats the Naira. The currency is worth 23.81 Naira. The exchange rate of this currency to the dollar is 15.10 Eritrean Nakfa equals one USD.

10. ZAMBIAN KWACHA ZMW
1 USD To 9.75 ZMW
1 ZMW To 0.030 NGN


Zambian Kwacha, currency of Zambia is also one of the highest currency in Africa . It is worth 0.30 Naira. Ironically, the 1 USD = 9.75 Zambian kwacha.


Contact Form

Name

Email *

Message *