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Among the different national currencies in circulation in this region, two stand out: the CFA franc of West Africa, used in 8 independent countries, and the CFA franc of Central Africa, used in 6 other nations.
Its relative stability is guaranteed through the fixed exchange rate, both are currently linked to the euro. The only local currency classified among the most traded in the international currency market is the South African rand, which is located at the end of the top 20.
All African currencies with their ISO-4217 codes, listed by dependent countries and territories
Country or territory | Currency | ISO-4217 |
A | ||
Algeria | Algerian dinar | DZD |
Angola | Angolan kwanza | AOA |
Ascension Island (UK) | Saint Helena pound | SHP |
B | ||
Benin | West African CFA franc | XOF |
Botswana | Botswana pula | BWP |
Burkina Faso | West African CFA franc | XOF |
Burundi | Burundi franc | BIF |
C | ||
Cabo Verde | Cape Verdean escudo | CVE |
Cameroon | Central African CFA franc | XAF |
Central African Republic | Central African CFA franc | XAF |
Chad | Central African CFA franc | XAF |
Comoros | Comorian franc | KMF |
Congo, Democratic Republic of the | Congolese franc | CDF |
Congo, Republic of the | Central African CFA franc | XAF |
Cote d’Ivoire | West African CFA franc | XOF |
D | ||
Djibouti | Djiboutian franc | DJF |
E | ||
Egypt | Egyptian pound | EGP |
Equatorial Guinea | Central African CFA franc | XAF |
Eritrea | Eritrean nakfa | ERN |
Ethiopia | Ethiopian birr | ETB |
G | ||
Gabon | Central African CFA franc | XAF |
Gambia | Gambian dalasi | GMD |
Ghana | Ghanaian cedi | GHS |
Guinea | Guinean franc | GNF |
Guinea-Bissau | West African CFA franc | XOF |
K | ||
Kenya | Kenyan shilling | KES |
L | ||
Lesotho | Lesotho loti | LSL |
Liberia | Liberian dollar | LRD |
Libya | Libyan dinar | LYD |
M | ||
Madagascar | Malagasy ariary | MGA |
Malawi | Malawian kwacha | MWK |
Mali | West African CFA franc | XOF |
Mauritania | Mauritanian ouguiya | MRU |
Mauritius | Mauritian rupee | MUR |
Mayotte (France) | European euro | EUR |
Morocco | Moroccan dirham | MAD |
Mozambique | Mozambican metical | MZN |
N | ||
Namibia | Namibian dollar | NAD |
Niger | West African CFA franc | XOF |
Nigeria | Nigerian naira | NGN |
R | ||
Reunion (France) | European euro | EUR |
Rwanda | Rwandan franc | RWF |
S | ||
Saint Helena (UK) | Saint Helena pound | SHP |
Sao Tome and Principe | Sao Tome and Principe dobra | STN |
Senegal | West African CFA franc | XOF |
Seychelles | Seychellois rupee | SCR |
Sierra Leone | Sierra Leonean leone | SLL |
Somalia | Somali shilling | SOS |
South Africa | South African rand | ZAR |
South Sudan | South Sudanese pound | SSP |
Sudan | Sudanese pound | SDG |
Swaziland | Swazi lilangeni | SZL |
T | ||
Tanzania | Tanzanian shilling | TZS |
Togo | West African CFA franc | XOF |
Tristan da Cunha (UK) | Pound sterling | GBP |
Tunisia | Tunisian dinar | TND |
U | ||
Uganda | Ugandan shilling | UGX |
Z | ||
Zambia | Zambian kwacha | ZMW |
Zimbabwe | United States dollar | USD |
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