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Top 10 African Currencies Against the US Dollar.
The Power Players: Africa’s 10 Strongest Currencies Against the US Dollar.
By: Prince (Dr.) Peretengboro Klintin Bibaikefie.
In the complex world of global finance, the strength of a nation’s currency speaks volumes about its economic stability and potential. Across the diverse landscape of Africa, a handful of currencies have managed to stand strong against the mighty US Dollar, showcasing the economic prowess and resilience of their respective nations.
1. Libyan Dinar (LYD)
Leading the pack is the Libyan Dinar, with an exchange rate of approximately 4.46 LYD to 1 USD. Despite the nation’s recent challenges, its currency maintains its strength, reflective of its vast oil reserves.
2. Tunisian Dinar (TND)
The Tunisian Dinar holds its ground at around 2.79 TND to 1 USD. Tunisia’s diversified economy, including tourism and manufacturing, contributes to the stability of its currency.
3. Ghanaian Cedi (GHS)
Ghana’s robust economy helps keep the Ghanaian Cedi strong at about 6.05 GHS to 1 USD. The nation’s gold, cocoa, and oil industries play a pivotal role in maintaining this strength.
4. Moroccan Dirham (MAD)
With an exchange rate of roughly 9.06 MAD to 1 USD, Morocco boasts a stable currency due to its diverse economic sectors, including agriculture, tourism, and textiles.
5. Botswana Pula (BWP)
The Botswana Pula stands firm at around 11.05 BWP to 1 USD. Backed by a stable political environment and diamond mining industry, Botswana showcases an unwavering currency.
6. Zambian Kwacha (ZMW)
Zambia’s currency, the Kwacha, holds at approximately 23.32 ZMW to 1 USD. The nation’s copper industry influences its currency’s strength despite economic fluctuations.
7. South African Rand (ZAR)
One of Africa’s largest economies, South Africa, sees its Rand at about 15.07 ZAR to 1 USD. The currency’s strength is influenced by mining, manufacturing, and financial services.
8. Namibian Dollar (NAD)
With an exchange rate of roughly 11.05 NAD to 1 USD, Namibia’s currency remains stable due to its diamond mining and tourism industries.
9. Egyptian Pound (EGP)
Egypt’s economic diversification helps maintain the Egyptian Pound at around 15.69 EGP to 1 USD. Sectors such as tourism, Suez Canal revenues, and remittances play a role.
10. Seychellois Rupee (SCR)
Closing the list, the Seychellois Rupee stands at approximately 14.07 SCR to 1 USD. Tourism and fishing contribute to the stability of this island nation’s currency.
While these currencies project economic stability, it’s important to note that exchange rates can fluctuate due to a variety of factors, including geopolitical events and global economic shifts. The strength of these currencies reflects the nations’ commitment to maintaining stable economies amidst the ever-changing global financial landscape.
HIGH CHIEF SUNNY GBEGHA JP CELEBRATES DAUGHTER’S ACADEMIC MILESTONES
By: Daire Perez
Okija, Anambra State – Father and community leader, High Chief Sunny Gbegha JP, the Egbakarewei of Iduwini Kingdom, Delta State, has expressed immense joy and gratitude to God as his daughter, Miss Gbegha Tamarauikiye Favour, successfully completed notable academic milestones at Madonna University, Okija.
Miss Favour graduated with a Bachelor of Science (B.Sc.) Degree in Banking and Finance, earning an impressive Second-Class Upper (2.1) classification. Going a step further in her academic pursuit, she has also obtained a Master of Science (M.Sc.) Degree in Banking and Finance from the same institution.
This has received warm reactions from family and friends with many congratulating the young lad. I a message filled with joy, High Chief Gbegha described his daughter’s achievements as a testament to hard work, discipline, and divine grace. He noted that her academic excellence brings honour not only to their family but also to the wider community.
Community members, friends, and well-wishers have continued to congratulate Miss Favour for her outstanding accomplishments, celebrating her as an inspiration to young scholars across the region.
IduwiniVoice joins in this congratulations to our shining young lady.
(c) IduwiniVoice
By: Divine Perezide
Former leader of Burutu Legislative House, Rt. Hon. Joseph Alubeze, has expressed heartfelt birthday felicitations to the his former boss and leader, Rt. Hon. Julius Gbabozor Pondi, Member Representing Burutu Federal Constituency and the Chairman, House Committee on the South-South Development Commission.
In his congratulatory message, Alubeze described Pondi as an astute leader whose antecedent smarcks of nothing but people-oriented service and dedication that continue to inspire many within and beyond the Constituency.
“Happy Blessed Birthday to you, my Dear Leader, Rt. Hon. Julius Pondi – Member Representing Burutu Federal Constituency and Chairman, South-South Development Commission,” he started.
He prayed for renewed wisdom, strength, and greater achievement for the federal lawmaker as he marks a new year. “May this new year of yours be filled with wisdom, strength, and greater accomplishments as you continue to serve with dedication and grace,” he added.
Hon. Alubeze, a former leader of Burutu House wished his principal Pondi, whose was his predecessor, many more fruitful years in good health, acknowledging his commitment to the advancement of the South-South region and the nation at large, closing his message with a heartfelt best wishes to the celebrant on his special day.
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Good News: Presidential Amnesty Office Commences Second Phase of Laptop Distribution to Scholarship Delegates
By: Divine Perezide
Abuja – The Otuaro-led Presidential Amnesty Office, popularly known as PAP, has commenced the second phase of laptop distribution to its scholarship beneficiaries across Nigerian Universities for the 2024/2025 academic year.
According to a statement signed by Mr. Igoniko Oduma, Special Assistant on Media to the Administrator of the Presidential Amnesty Programme, the initiative is part of efforts to enhance learning and research amongst students under the programme.
The exercise, which began following the directive of the Administrator, Chief (Dr.) Dennis Otuaro, makes a continuation of the first phase carried out between April and May 2025, during which over 663 final-year scholarship beneficiaries received laptops.
Dr Otuaro explained that the decision to promoting academic excellence and research productivity. He noted that the gesture also fulfills a promise he made to students during his tour of partner Universities in 2024.
“The laptops are intended to aid the beneficiaries in their studies and research activities” Otuaro state, urging the students to use the devices responsibility and to justify the Federal Governmtent’s modest investment in their education.
He also advised the beneficiaries to remain focus on their academic pursuit and avoid behaviours that could undermine their future prospects.
Reaffirming his administration’s objectives, Dr. Otuaro said the PAP will continue to achieve academic succes, contributing to the socio-economic advancement of the Niger Delta region.
He expressed appreciation to President Bola Ahmed Tinubu for his consistent support for the programme, describing it as a demonstration of commitment to bridging the human capital development gaping the region.
Dr. Otuaro further urged the youths and people of the region to reciprocate the President’s gesture by supporting his administration’s policies and programmes.
He reaffirmed the PAP’s dedication to consolidating on its achievements in alignment with the Renewed Hope Agenda of the Tinubu administration.
(c) IduwiniVoice