Throughout history, several kinds of objects have been used in Africa not only to facilitate the trade for goods but also to measure wealth and power. Barter trade saw the exchange of goods and services between two or more parties mainly with the use of many objects such as salt, shells, beads, metal, indigenous coins and later, European coins, jewelry, woven cloth, weapons and tools.
Fast-tracking to present times, African nations have gained new fiscal denominations which not only identify them by their names and legal tender but also represent the sovereignty of such countries.
This feature explores five of the most sought-after currencies in Africa based on current global exchange ratings.
