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Top 7 Countries with the Weakest Currencies in Africa in 2021

Money, otherwise known as currencies, is the lifeblood of any nation. Its strength is a quick mirror of where a nation stands in terms of economic policies, ease of doing business, and the general prosperity of its citizenry.

In this report, 1st Afrika.com compiled a list of the seven lowest currencies on the African continent in 2021

1. Sierra Leonean Leone (SLL) According to Lowestcurrencies.com, the US dollar equals 9797.40 of the nation’s currency. In 1787, the country was founded by former slaves who came back to Africa. Although the country is rich in enormous mineral resources, the country’s economy is nowhere to write home about.Top 7 countries with the most weakest currencies in Africa 2021

The currency is the weakest. Photo source: DeAgostini Source: Getty Images

2. Guinea Franc (GNF) Occupying second on the list is Guinea, a dollar is exchanged for 9665.68 of the country’s currency. Like Sierra Leone, the nation is also blessed with natural resources and fertile soil, with good weather for farming.

Top 7 countries with the most weakest currencies in Africa 2021

Despite its resources, poverty is still rife. Photo source: lowestcurrencies.com

. Malagasy Ariary (MGA)

Top 7 countries with the most weakest currencies in Africa 2021

Despite the popularity of the country, the currency is still poor. Photo source: lowestcurrencies.com

Ugandan Shilling (UGX) An American dollar in the country will get 3729.02 of the nation’s currency. The country is presently working hard to rise up from the two decades of insurgency it suffered.

Top 7 countries with the most weakest currencies in Africa 2021

The Ugandan Shilling is one of the weakest currencies. Photo source: lowestcurrencies.com Source:

Tanzanian Shilling (TZS) A country well known for the mountain Kilimanjaro, it was founded in 1964. Though it has some relative economic stability, many of its citizens are still subsisting below the poverty line. A dollar is 2318.03 TZS

Top 7 countries with the most weakest currencies in Africa 2021

Burundian Franc (BIF) The long wars between the Hutu and Tutsi have caused historic anarchy in Burundi for years. The landlocked country is struggling with grave economic issues. 1926.56 BIF equals a dollar. Top 7 countries with the most weakest currencies in Africa 2021

The country’s economy is in shambles. Photo source: lowestcurrencies.com Source: UGC

The Democratic Republic of Congo has also had its fair share of civil war. Like many African countries, it is also blessed with natural wealth. That has, however, not really helped its economy. A dollar is exchanged for 1897.36 CDF

In the next upcoming post, 1st afrika.com report the Lybian, Tunisian Dinar, and Ghanaian Cedi are among the seven strongest currencies in Africa. Others on the list are Moroccan Dirham, Eritrean Nafka, and Egyptian Pounds. What all these currencies have in common is a strong economy

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