The African continent is home to many countries with unique cultures and economies. The strongest currency in Africa is the most expensive form of legal tender compared to the United States dollar (USD). This means it is the money that yields the smallest currency return for 1 USD.
Many African countries retain a large share of their public debt in foreign currencies, namely US dollars and euros. When local currencies strengthen against these foreign denominations, the local currency cost of repaying the loan decreases.
With that said, here are the strongest currencies currently, according to the Forbes currency converter, last updated on the 23rd of June. While the currency value for Libya, Botswana, Swaziland, South Africa, and Namibia declined. Eritrea’s currency remained the same.
Top 10 African countries with the strongest currencies in June 2025
Rank | Country | Currency value per US$ | Currency |
1. | Tunsia | 2.96 | Tunisian Dinar |
2. | Libya | 5.44 | Libyan Dinar |
3. | Morocco | 9.15 | Moroccan Dirham |
4. | Ghana | 10.33 | Ghanaian Cedi |
5. | Botswana | 13.51 | Botswanan Pula |
6. | Seychelles | 14.44 | Seychellois Rupee |
7. | Eritrea | 15.00 | Eritrean Nakfa |
8. | Swaziland | 18.10 | Swazi Lilangeni |
9. | South Africa | 18.10 | South African Rand |
10. | Namibia | 18.10 | Namibian Dollar |
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* Sources: Forbes; Nasonga; Business Insider Africa; Tuko.