The West African CFA franc used by 8 independent countries and the Central African franc used by 6 different countries are the two notable ones amongst the different national currencies that are circulated across the African continent.
Which African countries are planning to introduce a single currency?
Most of the African regions such as West Africa is planning to introduce West African Monetary zone that comprises of the Anglophone countries to have a common currency. In the same way, the member countries of the East African community are looking forward to introducing the single currency i.e. the East African Shilling.
Which country has the strongest currency in Africa?
As of 1 March 2019, the Libyan dinar (LYD) has the strongest currency in Africa. A map of indigenously made pre-colonial African currencies and their respective minting states. In pre-colonial times, many objects were sometimes used as currency in Africa.
