Strong currencies offer numerous fiscal advantages, including lower inflation, increased investments, improved trade opportunities, and strong buying power. Africa is home to some countries with the strongest currencies in the world, thanks to its many fast-emerging economies. According to the latest Forbes currency converter, the Tunisian Dinar leads the pack at 3.14 per US dollar, followed by Libya’s Libyan Dinar at 4.86 and Morocco’s Moroccan Dirham at 9.89. Botswana’s Pula, the Seychellois Rupee, and the Eritrean Nakfa follow with 13.73, 14.41, and 15.00 respectively, while the Ghanaian Cedi, Lesotho Loti, Namibian Dollar, and Eswatini Lilangeni round out the top 10 with 15.46, 18.31, 18.31, and 18.32 respectively.
Source: Business Insider Africa