US Tariffs: Here is a list of top 10 strongest currencies in Africa in 2025 so far

African economies are navigating global economic shifts, as well as the impact of the recent United States (US) tariffs on the global economic system.

MSN news reports that the recent shifts in global trade alignments are bound to have an impact on the value of the US dollar as well as the value of African currencies, which are largely pegged on exports.

According to Daniel Kathali, an economist, the strength of a currency is influenced by a combination of economic, political, and market factors that reflect a country’s financial health and global standing.

He also noted that interest rates set by central banks also played a critical role in influencing a country’s exchange rate.

1. Tunisian Dinar (TND)

The Tunisian Dinar is the strongest African currency at approximately 3.01 TND to 1 USD. The currency is largely backed by Tunisia’s stable monetary policies and growing tourism sector.

2. Libyan Dinar (LYD)

The Libyan Dinar ranks second, trading at about 5.5 LYD to 1 USD.
Though political instability poses risks, Libya’s vast oil reserves continue to underpin its currency due to the country’s ability to maintain steady oil exports.

3. Moroccan Dirham (MAD)
Morocco’s Dirham stands strong at roughly 9.30 MAD to 1 USD. This currency is backed by a diversified economy, including agriculture, tourism, and renewable energy, as well as Morocco’s prudent fiscal policies and trade agreements with Europe enhance the dirham’s stability.

4. Botswana Pula (BWP)

The Botswana Pula ranks number 4 at around 13.9 BWP to 1 USD. The country’s currency benefits from the country’s robust diamond industry.

5. Seychellois Rupee (SCR)

Trading at approximately 13.80 SCR to 1 USD, the Seychellois Rupee thrives on Seychelles’ booming tourism and fishing industries.

6. Eritrean Nakfa (ERN)

The Eritrean Nakfa trades at roughly 15.00 ERN to 1 USD, largely supported by government support and control.
7. Namibian Dollar (NAD)

Pegged to the South African Rand, the Namibian Dollar holds steady at about 18.50 NAD to 1 USD. Namibia’s mining sector, particularly uranium and diamonds, contributes to its currency’s resilience, though it remains sensitive to global commodity prices.

8. South African Rand (ZAR)

The South African Rand, at about 18.80 ZAR to 1 USD, remains a regional heavyweight.

The currency has faced high volatility in recent months due to U.S. tariffs and domestic political tensions, but South Africa’s diverse economy and deep financial markets keep the rand competitive.

9. Eswatini Lilangeni (SZL)

The SZL is largely tied to the South African Rand is the eighth strongest currency in Africa, trading at about 19.27 SZL to 1 USD. Eswatini’s small but stable economy, driven by agriculture and manufacturing, supports its currency’s position.

10. Ghanaian Cedi (GHS)

The Ghanaian Cedi is the seventh strongest currency in Africa, with an exchange rate of around 19.50 GHS to 1 USD.

Despite a 5.3 percent depreciation in early 2025, Ghana’s growing oil and cocoa exports provide a buffer, though inflation remains a concern.

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