Most powerful African currencies of 2018

Mildred Europa Taylor June 25, 2018

Most powerful African currencies of 2018

Zambian Kwacha

Zambian Kwacha

This is considered one of the valuable currencies in southern Africa. It currently exchanges at the rate of 10.0 to the U.S. dollar. Zambia’s economy is largely agrarian with some extra revenue coming in from the tourism sector.
Its lack of economic diversification and dependency on copper as its sole major export makes it vulnerable to fluctuations in the world commodities market.

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

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