Tuesday, July 22, 2025
LBNN
  • Business
  • Markets
  • Politics
  • Crypto
  • Finance
  • Energy
  • Technology
  • Taxes
  • Creator Economy
  • Wealth Management
  • Documentaries
No Result
View All Result
LBNN

Top 10 African countries with the strongest currencies in April 2025

Simon Osuji by Simon Osuji
April 22, 2025
in Business
0
Top 10 African countries with the strongest currencies in April 2025
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

While Africa may not be the main player in the present trade hostilities, the continent is undoubtedly within the cross fire of the consequences.

In this climate, one of the most powerful tools an African country can use is a strong, stable currency.

A strong currency is more than simply a sign of national pride, it is a barrier against foreign shocks, a magnet for investment, and a crucial lever for strategic economic progress.

When global powers impose tariffs on one another, the outcome is generally increased costs for commodities as supply chains are disrupted and corporations rush to get resources from alternate markets.

For African nations that rely significantly on imports, whether it’s gasoline, machinery, medicines, or food, a strong domestic currency functions as a cushion.

It helps keep import costs under control, protecting local customers from abrupt price hikes.

As global tariffs increase uncertainty in trade pricing, African nations with strong currencies can better safeguard their economies against pass-through inflation.

Developing currency strength is not simple. It requires a disciplined fiscal strategy, export diversification, political stability, and strong central bank independence.

However, for those African states that can handle it, the payoff is enormous, especially today, as the world’s economic tectonics change and resilience becomes the new currency of power.

The Tunisian dinar is currently the strongest currency in Africa

With that said, here are the strongest currencies currently according to the Forbes currency converter, last updated on the 22nd of April 2025.

For this month, the Tunisian Dinar, Moroccan Dirham, Seychellois Rupee, and Ghanaian Cedi, posted stronger values than the month prior.

Save the Eritrean Nakfa, which remained the same month-on-month, every other currency on the list got a little weaker this month.

Related posts

Nairobi River Cleanup Gains Momentum with Bold New Plans

Nairobi River Cleanup Gains Momentum with Bold New Plans

July 22, 2025
This is Digital Launches AI Literacy Drive in Kenya

This is Digital Launches AI Literacy Drive in Kenya

July 22, 2025

Top 10 African countries with the strongest currencies in April 2025

Rank Country Currency value per US$ Currency

1.

Tunisia

2.95

Tunisian Dinar

2.

Libya

5.46

Libyan Dinar

3.

Morocco

9.24

Moroccan Dirham

4.

Botswana

13.77

Botswanan Pula

5.

Seychelles

14.22

Seychellois Rupee

6.

Eritrea

15.00

Eritrean Nakfa

7.

Ghana

15.46

Ghanaian Cedi

8.

South Africa

18.62

South African Rand

9.

Namibia

18.77

Namibian Dollar

10.

Lesotho

18.77

Lesotho Loti

Source link

Previous Post

Trump’s tariffs an unmanageable risk for SA carmakers

Next Post

Best Kitchen Composters (2025), Tested and Reviewed

Next Post
Best Kitchen Composters (2025), Tested and Reviewed

Best Kitchen Composters (2025), Tested and Reviewed

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Women Entrepreneurs tackle climate challenges in Iraq in partnership with Five One Labs

Women Entrepreneurs tackle climate challenges in Iraq in partnership with Five One Labs

3 months ago
It’s the AI Election Year

It’s the AI Election Year

1 year ago
Ghana’s NHIS facing funding shortfalls, threatening health support for vulnerable groups

Ghana’s NHIS facing funding shortfalls, threatening health support for vulnerable groups

5 months ago
What You Need to Know About Taxes in a Gray Divorce

What You Need to Know About Taxes in a Gray Divorce

9 months ago

POPULAR NEWS

  • Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    Ghana to build three oil refineries, five petrochemical plants in energy sector overhaul

    0 shares
    Share 0 Tweet 0
  • When Will SHIB Reach $1? Here’s What ChatGPT Says

    0 shares
    Share 0 Tweet 0
  • The world’s top 10 most valuable car brands in 2025

    0 shares
    Share 0 Tweet 0
  • Top 10 African countries with the highest GDP per capita in 2025

    0 shares
    Share 0 Tweet 0
  • Tanzania’s natural gas sector goes global with Dubai deal

    0 shares
    Share 0 Tweet 0
  • Privacy Policy
  • Contact

© 2023 LBNN - All rights reserved.

No Result
View All Result
  • Home
  • Business
  • Politics
  • Markets
  • Crypto
  • Economics
    • Manufacturing
    • Real Estate
    • Infrastructure
  • Finance
  • Energy
  • Creator Economy
  • Wealth Management
  • Taxes
  • Telecoms
  • Military & Defense
  • Careers
  • Technology
  • Artificial Intelligence
  • Investigative journalism
  • Art & Culture
  • Documentaries
  • Quizzes
    • Enneagram quiz
  • Newsletters
    • LBNN Newsletter
    • Divergent Capitalist

© 2023 LBNN - All rights reserved.