Full list of African countries, currencies. See the most valuable currency

Full list of African countries, currencies. See the most valuable currency

There are 54 countries on the African continent with ten of them the most undeveloped countries in the world.

The Tunisian dinar (TND) is the most valuable currency in Africa. It is pegged to the US dollar at an exchange rate of 0.32 dinars to one dollar.

The Libyan dinar (LYD) is the second strongest currency in Africa. 

African currency was originally formed from basic items, materials, animals and even people available in the locality to create a medium of exchange.

This started to change from the 17th century onwards, as European colonial powers introduced their own monetary system into the countries they invaded.

Today, inflation often creates a demand for more stable (but forbidden) foreign currency, while in rural areas the original bartering system is still in widespread usage. As of 1 March 2019, the Libyan dinar (LYD) has the strongest currency in Africa.

Here is a full list of African countries, currencies.

1. Algeria – Dinar (DZD)
2. Angola – Angolan Kwanza (AOA)
3. Benin – CFA Franc (XOF)
4. Botswana – Pula (BWP)
5. Burundi – Burundi Franc (BIF)
6. Burkina Faso – CFA Franc BCEAO (XOF)
7. Cameroon – CFA Franc BEAC (XAF)
8. Cape Verde – Cape Verde Escudo (CVE)
9. Central African Republic – CFA Franc BEAC (XAF)
10. Chad – CFA Franc BEAC (XAF)
11. Comoros – Comoros Franc (KMF)
12. Cote d’Ivoire – CFA Franc BCEAO (XOF)
13. DR Congo – Francs (CDF)
14. Djibouti – Djibouti Franc (DJF)
15. Egypt – Pound (EGP)
16. Equatorial Guinea – CFA Franc BEAC (XAF)
17. Eritrea – Eriterian Nakfa (ERN)
18. Ethiopia – Birr (ETB)
19. Gabon – CFA Franc BEAC (XAF)
20. Gambia – Dalasi (GMD)
21. Ghana – Cedi (GHS)
22. Guinea – Franc (GNF)
23. Guinea-Bissau – Guinea-Bissau Peso (GWP)
24. Kenya – Shillings (KES)
25. Lesotho – Loti (LSL)
26. Liberia – Dollar (LRD)
27. Libya – Dinar (LYD)
28. Madagascar – Malagasy ariary (MGA)
29. Malawi – Kwacha (MWK)
30. Mali – CFA Franc BCEAO (XOF)
31. Mauritania – Ouguiya (MRO)
32. Mauritius – Rupees (MUR)
33. Morocco – Dirham (MAD)
34. Mozambique – Metical (MZN)
35. Namibia – Dollar (NAD)
36. Niger – CFA Franc BCEAO (XOF)
37. Nigeria – Naira (NGN)
38. Republic of the Congo – Franc BEAC (XAF)
39. Rwanda – Franc (RWF)
40. São Tomé and Principe – Dobra (STD)
41. Senegal – CFA Franc BCEAO (XOF)
42. Seychelles – Rupees (SCR)
43. Sierra Leone –  Leone (SLL)
44. Somalia – Shillings (SOS)
45. South Africa – Rand (ZAR)
46. South Sudan – Pound (SSP)
47. Sudan – Pound (SDG)
48. Swaziland – Lilangeni (SZL)
49. Tanzania – Shillings (TZS)
50. Togo – CFA Franc BCEAO (XOF)
51. Tunisia – Dinar (TND)
52. Uganda – Shillings (UGX)
53. Zambia – Kwacha (ZMW)
54. Zimbabwe – Dollar (ZWD).