The latest Forbes currency calculator report for September 2025 has shed light on Africa’s currency landscape, underscoring the lingering strain on Nigeria’s economy despite signs of easing inflation.
The calculator, powered by the Open Exchange Rates API, updates every five minutes to capture real-time foreign exchange movements. It reflects the combined impact of demand and supply, market sentiment, and broader economic conditions on national currencies.
According to the data, the São Tomé & Príncipe Dobra (22,282 per $1) remains Africa’s weakest currency, followed by the Sierra Leonean Leone (20,970), Guinean Franc (8,680), Ugandan Shilling (3,503), and Burundian Franc (2,968). Others on the list include the Congolese Franc (2,811), Tanzanian Shilling (2,465), Malawian Kwacha (1,737), the Nigerian Naira (₦1,490 per $1), and the Rwandan Franc (1,448).
By contrast, the Tunisian Dinar (2.90 per $1) tops the ranking of Africa’s strongest currencies, followed by the Libyan Dinar (5.40), Moroccan Dirham (9.91), Ghanaian Cedi (12.31), and Botswanan Pula (14.15).
The report covers all 54 African countries recognised by the United Nations, offering insights into shifting economic trends across the continent.