Africa today has grown economically with prosperity in African countries. There are 54 countries with a population of more than 800 million.
Knowing the weakest currency in Africa can increase the insight of traders or investors who might want to expand their investment in this country for investment strategies.
Referring to the FXOpen blog, there are 10 weakest currencies in Africa where the benchmark currency is USD. Here is a short list;
1. Sierra Leonean Leone (SLL) in West Africa, Exchange rate: 1 SLL = 0.00004 USD
2. Guinean Franc (GNF)Exchange rate: 1 GNF = 0.00011 USD
3. Malagasy Ariary (MGA) Madagascar currency. Exchange rate: 1 MGA = 0.00022 USD
4. Ugandan Shilling (UGX) Uganda, Exchange rate: 1 UGX = 0.00026 USD
5. Burundian Franc (BIF)Burundi, Exchange rate: 1 BIF = 0.00035 USD
6. Congolese Franc (CDF)Democratic Republic of Congo, Exchange rate: 1 CDF = 0.00038 USD
7. Tanzania Shilling (TZS) Tanzania, Exchange rate: 1 TZS = 0.00040 USD
8. Rwandan Franc (RWF)Rwanda, Exchange rate: 1 RWF = 0.00080 USD
9. Malawian Kwacha (MWK)Malawi, Exchange rate: 1 MWK = 0.00088 USD
10. Angolan Kwanza (AOA) Angola, Exchange rate: 1 AOA = 0.0012 USD
Various factors influence the weakness of the African country's currency, visit the FXOpen blog to read the complete article on the weakest currency in Africa.
Knowing the weakest currency in Africa can increase the insight of traders or investors who might want to expand their investment in this country for investment strategies.
Referring to the FXOpen blog, there are 10 weakest currencies in Africa where the benchmark currency is USD. Here is a short list;
1. Sierra Leonean Leone (SLL) in West Africa, Exchange rate: 1 SLL = 0.00004 USD
2. Guinean Franc (GNF)Exchange rate: 1 GNF = 0.00011 USD
3. Malagasy Ariary (MGA) Madagascar currency. Exchange rate: 1 MGA = 0.00022 USD
4. Ugandan Shilling (UGX) Uganda, Exchange rate: 1 UGX = 0.00026 USD
5. Burundian Franc (BIF)Burundi, Exchange rate: 1 BIF = 0.00035 USD
6. Congolese Franc (CDF)Democratic Republic of Congo, Exchange rate: 1 CDF = 0.00038 USD
7. Tanzania Shilling (TZS) Tanzania, Exchange rate: 1 TZS = 0.00040 USD
8. Rwandan Franc (RWF)Rwanda, Exchange rate: 1 RWF = 0.00080 USD
9. Malawian Kwacha (MWK)Malawi, Exchange rate: 1 MWK = 0.00088 USD
10. Angolan Kwanza (AOA) Angola, Exchange rate: 1 AOA = 0.0012 USD
Various factors influence the weakness of the African country's currency, visit the FXOpen blog to read the complete article on the weakest currency in Africa.
