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BY Mildred Europa Taylor, 9:25am June 25, 2018,

Most powerful African currencies of 2018

The value of a particular currency determines its purchasing power in the international market. It also reflects its economic situation as compared to other countries.

Financial experts say that the stability of a country’s currency further helps to prevent frequent fluctuations in its value, and this provides investors with the necessary confidence to invest in the economy of a country.

Using the dollar as a benchmark, here are the powerful currencies in Africa at the moment.

Last Edited by:Ismail Akwei Updated: June 25, 2018


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