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The Libyan dinar. The strongest currency in Africa based upon its purchasing power and the exchange rate with the US dollar is the Libyan Dinar. One US Dollar makes up around 1.38 Libyan Dinars. It is the official medium of exchange in Libya and also the Libyan Dinar is known as LYD in the stock exchange.
These included the Somali shilling; the Italian East African lira; and the African franc (in Francophone countries). Many post-colonial governments have retained the name and notional value unit system of their prior colonial era currency. For example, the British West African pound was replaced by the Nigerian pound, which was divided into ...
CurrencyIso 4217 Currency CodeCurrency SignCountryDZDDA (Latin) دج (Arabic)AOAKzBWPPBIFFBuPeople also ask
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Apr 25, 2017 · The South African Rand, abbreviated as ZAR, is the legal tender used in South Africa, Lesotho, Swaziland, and Lesotho. The ZAR is the only currency in the continent which is officially used in four countries. Introduced by the colonial government in 1961, it replaced the South African Pound and was once the most valuable currency in the continent.
RankCountryCurrency1AlgeriaAlgerian dinar2AngolaKwanza3BeninCFA franc4BotswanaPulaThe only local currency ranked among the most-traded in the international forex market, is the South African rand, which is placed at the end of the top 20. All currencies of Africa with their ISO-4217 codes, listed by countries and dependent territories
Feb 2, 2020 · There are 54 independent countries in Africa. Similar to the Euro in Europe, most countries in West Africa use a joint currency called West African CFA franc. In Central Africa, several countries use the Central African CFA franc. Overall, there are 43 different currencies used in Africa. Below, you can find a list of all […]
Zimbabwe. United States Dollar. USD. $. Full list of African national currencies with their official names, codes and symbols for all countries in Africa. Get the national currency of all African countries.
Aug 16, 2021 · The West African CFC franc, for example, is the official currency of eight countries in West Africa, including Benin, Burkina Faso, Guinea-Bissau, Cote d'Ivoire, Mali, Niger, Senegal and Togo. Similarly, some African countries have more than one official currency. The South African rand is used alongside the Namibian dollar in Namibia, and ...