STRONGEST AND WEAKEST CURRENCIES IN AFRICA

    Currencies are legal tenders. A strong currency means a higher or a stronger spending power of a country. Since the introduction of currency in Africa in the 20th century, it has become the medium for the Exchange of goods and services. In Africa, having a strong currency is a form of pride for individual countries. A strong currency could mean strong and prosperous economy. Although, recent analysis shows that strong currencies does not necessarily mean a wealthy economy.
    Let's take a look at the top 5 strongest currencies in Africa.
1.LIBYAN DINAR:$1=1.37 Libyan dinar
The title for the most valuable or strongest currency in Africa goes to the Libyan dinar. The currency is the 7th most valuable currency in the world according to recent exchange rates. Despite the Arab spring that plunged the country into crisis,they steady supply of oil in the country has kept the currency standing.
2.TUNISIAN DINAR:$1=2.07 Tunisian dinar

The second most valuable currency in Africa is the Tunisian currency. Since the established exchange rate of 1964.The currency has not lost most of its value, thanks to very low inflation rate in the country.
3.GHANAIAN CEDI:$1=3.86 Ghanaian cedi
The third strongest currency in Africa is the Ghanaian currency. After the phasing out of the new cedi in 2007 for the revalued cedi, the currency was one of the highest denominated currency unit issued in Africa.
4.SUDANESE POUND:$1=6Sudanese pound
The Sudanese currency was introduced during the countries independence. Increased inflation rate has decreased the currency over the years but steady oil flow has kept the currency afloat.
5.SOUTH SUDANESE POUND:$1=6.10 South Sudanese pounds

The country's currency value is on par with the Sudanese pound. The currency was introduced in the country after the secession from South Sudan.
 On the other end of the line. Here is the list of the top 5 weakest or least valuable currencies in Africa and their exchange rates.
 Country                    exchange rate

  1. Guinea Rep    $1=7,573 Guinean franc
  2. Sierra L.         $1=3,991 Sierra leonan leone
  3. Uganda          $1=3,374 Ugandan shilling
  4. Madagascar  $1=3,183 Malagasy arian
  5. Tanzania       $1=2,186 Tanzanian shilling

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