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In the past years, Humans were not familiar with anything like currency and other concepts like that. As tribes and communities started to form and population grew with the passage of time, a need for certain thing established, things that were not only developed by a single tribe. In that case, people came forward with the concept of trading which became a norm, and people began to trade goods for getting things. Eventually, the concept of barter system was introduced, and it became civility, where people exchanged goods for things which are excess. After that, they decided to introduce currencies where they started to buy things with an agreed standardized item. Even potatoes and salt were considered as currencies once by some group of peoples. Later, it came to precious metals and minerals for being a currency, and most well-known metals in them were brass, silver and gold.

Borders began to established, countries began to introduce, languages were originated, and then currencies of different nations were also formed with some specialized piece of papers and coins. These days, the quality of life is all controlled and dictated by these pieces of papers. The strength of these papers varies depending on the nations’ economic well-being. When we think about strong currencies than the currencies like sterling, US dollar and Euro hit the mind, also few Middle Eastern currencies. Well, when we see Africa then there economics strength and purchasing power are low comparing to rest of continents. But still, there are some nations in African continent who performed quite well then the other.

The Top 5 High Valued African Currencies are mentioned below:

1: Libyan Dinar : 1 USD = 1.4 LYD

2: Tunisian Dinar : 1 USD = 2.3 TND

3: Ghanaian Cedi : 1 USD = 4.75 GHS

4: Sudanese Pound : 1 USD = 6.41 SDG

5: Moroccan Dirham : 1 USD = 16.2 EGP

 

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