Africa’s economy has demonstrated resilience and pragmatic growth over the past year, translating into stronger exchange rates and tighter fiscal policies.

In 2026 so far, African currencies have shown mixed performances; however, new exchange rate data indicates that several currencies on the continent are exhibiting strength and appreciation against the US dollar.

The latest figures highlight ten African countries with the highest exchange rate values, robust export strength, stronger monetary policies, and effective foreign reserves management.

Read about the top-performing African currencies in 2025

Tunisia tops the list, ranking as Africa’s strongest currency by value.

Here are the 10 African countries with the strongest currencies in 2026:

1. Tunisia – Tunisian Dinar

The Tunisian Dinar is the strongest currency in Africa in 2026, reflecting Tunisia’s relatively stable economic conditions and strong trade position in North Africa.

2. Libya – Libyan Dinar

The Libyan Dinar is the official currency of Libya, used widely across the country despite economic challenges following years of instability.

3. Morocco – Moroccan Dirham

The Moroccan Dirham supports a stable economy driven by tourism, agriculture, and phosphate exports.

4. Ghana – Ghana Cedi

Ghana’s Cedi is central to West Africa’s economy, with the country being a major exporter of gold and cocoa.

5. Botswana – Botswana Pula

The Pula, meaning “rain” in Setswana, symbolises wealth and stability in Botswana’s diamond-driven economy.

6. Seychelles – Seychellois Rupee

The Seychellois Rupee is the official currency of the island nation, bolstered by a tourism-focused economy.

7. Eritrea – Eritrean Nakfa

The Eritrean Nakfa, in use since 1997, reflects the country’s efforts to maintain monetary independence.

8. South Africa – South African Rand

The South African Rand is widely used across southern Africa and plays a major role in the regional trade economy.

9. Eswatini – Swazi Lilangeni

The Lilangeni, pegged to the South African Rand, serves as Eswatini’s official currency and symbolises economic cooperation in the region.

10. Lesotho – Lesotho Loti

The Lesotho Loti, also tied to the Rand, is used alongside it and supports Lesotho’s local trade and monetary policy.

SP/MA

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