The Ghana Cedi positioned seventh because the strongest foreign money in Africa as of the tip of the primary quarter of 2025.
Its foreign money per worth was estimated at GH¢15.48 to 1 US greenback.
This score is courtesy of the Forbes foreign money calculator
Based on the Financial institution of Ghana, the Cedi misplaced 5.3% in worth on the interbank market within the first quarter of 2025.
Nevertheless, it had depreciated by almost 3.0% to the American buck within the retail market.
Tunisia’s Dinar was the strongest foreign money to date this 12 months in Africa.
Its foreign money worth per US$ was estimated at 3.09.
It was adopted by the Libyan Dinar, Morrocco’s Dirham, Botswana’s Pula, Seychelles Rupee and Eritrean Nakfa in third, 4th, fifth and sixth respectively.
In eighth, ninth and tenth have been Lesotho Loti, Namibian Greenback and South African Rand respectively.
The highest 5 international locations noticed a slight enhance in foreign money worth in comparison with the checklist final month.
Based on Forbes, a powerful and steady foreign money is a useful financial asset for any nation, particularly African international locations pursuing long-term development and world competitiveness.
Once more, a sstable foreign money serves as a cushion in opposition to financial shocks, preserving shopping for energy and financial confidence.
An instance is the Kenya’s shilling has been regular because of international inflows from Non-Governmental Organizations and remittances.
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