10 Weakest Currencies in Africa

Top 10 Weakest Currencies In Africa & Their Exchange Rates 2021
By Journalist Albert- August 10, 20210

You may be asking yourself which country or countries have the weakest currencies in Africa? Well, for the start, the Dobra used by São Tomé and Príncipe is the weakest currency in Africa.

While the, Tunisian Dinar and the Ghanaian Cedi are amongst the top three strongest currencies in Africa, the story of some countries on the continent as far as their currencies are concerned is appalling.

Some of these countries are in what the International Monetary Fund (IMF) considers as hyperinflation. These currencies continue to lose relevance and value at a fast pace and high rate.

These currencies are compared to the United States of America Dollar [USD] on the exchange market.

Now, the top 10 weakest currencies in Africa:
1, São Tomé and Príncipe Dobra 

With 1 USD equivalent to 21050.60 STD, the São Tomé and Príncipe Dobra is Africa’s weakest currency in 2021. It is known for being Africa’s smallest country. Based on its exchange rate to the US dollar and purchasing power, it is classified as the weakest currency.

2, Sierra Leone Leon

With 1 USD equivalent to 9, 740 SLL, the Sierra Leone Leon is the second weakest currency in Africa in 2021. The Leone was first introduced on August 4, 1964. It replaced the British West African pound at a rate of one pound equaling two leones (i.e., one leone equalled ten shillings).

3, Guinean Franc

With 1 USD equivalent to 9437 GNF, the Guinean Franc is Africa’s third weakest currency in 2021. In 1959, the first Guinean franc was introduced to replace the CFA franc.

On March 1, 2019, the Central Bank of the Republic of Guinea issued a revised banknote for 10,000 francs and a new banknote for 2,000 francs to commemorate the 59th anniversary of the introduction of its national currency.

Due to declining purchasing power, the smallest denomination currently in circulation is the 500 franc note.

4, Ugandan Shilling

With 1 USD equivalent to 3,694, UGS, the Ugandan Shilling is the fourth weakest currency in Africa in 2021.  The Ugandan Shilling is the currency used by Uganda

5, Malagasy Ariary

With 1 USD equivalent to 3,750 MGA, the Malagasy Ariary is the fifth weakest currency in Africa in 2021. It is divided into 5 iraimbilanja and is one of only two non-decimal currencies in use today (the other is the Mauritanian ouguiya). The Malagasy Ariary is the currency used by Madagascar. 

6, Tanzania Shilling

With 1 USD equivalent to 2,313 TZS, the Tanzania Shilling is Africa’s sixth weakest currency in Africa in 2021. It is divided into 100 sentences (cents in English). On June 14, 1966, the Tanzanian shilling replaced the East African shilling at par.

7, Burundian Franc 

With 1 USD equivalent to 1,901 BFF, THE Burundian Franc is the seventh weakest currency in Africa in 2021. It is nominally divided into 100 centimes, but since Burundi began issuing its own currency, coins have never been issued in centimes.

8, Congolese Franc

With 1 USD equivalent to 1,711 CDF, the Congolese Franc is the eighth weakest currency in Africa in 2021. This could be attributed to the Democratic Republic of the Congo’s economic decline since the 1980s.

The Democratic Republic of the Congo was Africa’s second most industrialized country after South Africa at the time of its independence in 1960.

Since then, corruption, war, and political instability have hampered further growth, leaving the DRC with a GDP per capita and an HDI rating that rank among the world’s lowest, making the DRC one of the world’s least developed countries.

9, Rwandan Franc

With 1 USD equivalent to 937 RWF, the Rwandan Franc is the 9th weakest currency in Africa in 2021.

This could be due to the economic decline of Rwanda’s fragile economic base which was destroyed by the 1994 genocide. This severely impoverished the population, particularly women, and harmed the country’s ability to attract private and external investment.

Rwanda, on the other hand, has made significant strides in stabilizing and rehabilitating its economy.

10, Malawian Kwacha

With 1 USD equivalent to 813 MWK, the Malawian Kwacha is the 10th weakest currency in Africa in 2021.

The kwacha replaced other types of currency that had previously circulated in the Malawian economy, namely the British pound sterling, the South African rand, and the Rhodesian dollar.

𝐁𝐞𝐫𝐥𝐢𝐧 𝟏𝟖𝟖𝟒; 𝐓𝐡𝐞 𝐂𝐨𝐧𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐓𝐡𝐚𝐭 𝐃𝐢𝐯𝐢𝐝𝐞𝐝 𝐀𝐟𝐫𝐢𝐜𝐚

The colonizers sat in Berlin in Germany 🇩🇪 to divide Africa among themselves as their personal and private properties. This was done at their free will without the presence of any African.

They freely took away Africa’s valuable resources such as Gold, Diamond, Bauxite to build their countries and economy without paying a penny to any African. After all, Africa was their property so whom were they to make payments to?

They took away from the African society, the most intelligent, the strongest, the most skilled, and the most healthy human capital and made them slaves to force them to give them all the inventions of our society.

They kept the remaining human capital on the African soil under the control they termed as colonization in order that this people can work on the mines and farms they have on the African Continent.

To ensure that, there is animosity between the African he kept at home and the African he took away across the Atlantic, and to ensure that the African never come together in unity to seek for their ultimate liberation, he has conjured a story that the African at home sold to him the African he took away; and when he come to the African at home, he tells him that the African he took away is lazy and for that matter he is jealous about the African at home when he travels to this new world he has built.

By this, the African at home sees the African he took away as his competitor, while the African he took away sees the African at home as a betrayed brother who is worse than the worse enemy. The African has once again become a victim of their common enemy and they are suffering from the burden of their own failure to see.

Oh, why can’t the African see the mind playing game here, and he has fell a victim for the oppressor’s lies. There is nothing on the African soil which these colonizers ever paid for, not even the least valuable object.

Credit: Dr. Ruh’allah

MAN ACCUSES FRIDGE STORAGE KILLER

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He Kept My Son’s Body In The Fridge And Came For GHC 10,000: Man Accuses Fridge Storage Killer

He Kept My Son’s Body In The Fridge And Came For GHC 10,000: Man Accuses Fridge Storage Killer

August 23, 2021https://googleads.g.doubleclick.net/pagead/ads?client=ca-pub-2568067115883334&output=html&h=50&slotname=4882475910&adk=2133244722&adf=3492893971&pi=t.ma~as.4882475910&w=320&lmt=1629835135&rafmt=12&psa=0&format=320×50&url=https%3A%2F%2Fwww.brajohnmedia.com%2Fhe-kept-my-sons-body-in-the-fridge-and-came-for-ghc-10000-man-accuses-fridge-storage-killer%2F&flash=0&wgl=1&dt=1629835133569&bpp=10&bdt=12220&idt=2086&shv=r20210816&mjsv=m202108190101&ptt=9&saldr=aa&abxe=1&prev_fmts=320×50&correlator=5014973581996&frm=20&pv=1&ga_vid=707157784.1629835135&ga_sid=1629835135&ga_hid=439611993&ga_fc=0&u_tz=0&u_his=1&u_java=0&u_h=570&u_w=320&u_ah=570&u_aw=320&u_cd=24&u_nplug=0&u_nmime=0&adx=15&ady=478&biw=320&bih=450&scr_x=0&scr_y=0&eid=44747621%2C31062369%2C44748553%2C31062297&oid=3&pvsid=1320091573833015&pem=32&ref=http%3A%2F%2Fm.facebook.com%2F&eae=0&fc=896&brdim=0%2C0%2C0%2C0%2C320%2C0%2C320%2C450%2C345%2C486&vis=1&rsz=%7C%7CeEbr%7C&abl=CS&pfx=0&fu=1280&bc=31&ifi=2&uci=a!2&btvi=1&fsb=1&xpc=5lRfigczFr&p=https%3A//www.brajohnmedia.com&dtd=2165

More revelations have been popping up from the infamous killing at Alaska near Abesim in the Bono region of Ghana. The circumstances through which the suspect, Richard Appiah murdered the victims is mind-boggling. So far, the police have identified three persons who have been killed by the twenty-eight-year-old Richard Appiah.

The father, Mr. Yeboah Asiamah who is a statistical control officer with the National Disaster Management Organization (NAMDO) in the area was with his son when he went missing for no reason. Since the suspect, Richard Appiah is close to his family, they have all been looking for young Stephen Sarpong. After days of not seeing him, an official complaint was lodged at the Police station where the criminal Investigations Department picked up the issue.https://googleads.g.doubleclick.net/pagead/ads?client=ca-pub-2568067115883334&output=html&h=250&slotname=4882475910&adk=2216481553&adf=2402057214&pi=t.ma~as.4882475910&w=300&lmt=1629835135&rafmt=12&psa=0&format=300×250&url=https%3A%2F%2Fwww.brajohnmedia.com%2Fhe-kept-my-sons-body-in-the-fridge-and-came-for-ghc-10000-man-accuses-fridge-storage-killer%2F&flash=0&wgl=1&dt=1629835133579&bpp=11&bdt=12230&idt=2205&shv=r20210816&mjsv=m202108190101&ptt=9&saldr=aa&abxe=1&prev_fmts=320×50%2C320x50&correlator=5014973581996&frm=20&pv=1&ga_vid=707157784.1629835135&ga_sid=1629835135&ga_hid=439611993&ga_fc=0&u_tz=0&u_his=1&u_java=0&u_h=570&u_w=320&u_ah=570&u_aw=320&u_cd=24&u_nplug=0&u_nmime=0&adx=5&ady=1535&biw=320&bih=450&scr_x=0&scr_y=0&eid=44747621%2C31062369%2C44748553%2C31062297&oid=3&pvsid=1320091573833015&pem=32&ref=http%3A%2F%2Fm.facebook.com%2F&eae=0&fc=896&brdim=0%2C0%2C0%2C0%2C320%2C0%2C320%2C450%2C345%2C486&vis=1&rsz=%7C%7CeEbr%7C&abl=CS&pfx=0&fu=1280&bc=31&ifi=3&uci=a!3&btvi=2&fsb=1&xpc=RzQlwE6ZpE&p=https%3A//www.brajohnmedia.com&dtd=2239

But even before that, the suspect had told Mr. Asiamah that he had land which he would want to sell. The two negotiated the price of the land and arrived at GHC 10, 000. In the heat of the moment when the young boy was missing, the suspect went to the house of Mr. Yeboah Asiamah and demanded the GHC 10, 000 which he received and left.

The following day, Mr. Asiamah had information that the body of his son has been found in the refrigerator of Richard Appiah. He never believed it until evidence was shown to him, the refrigerator of the suspect was opened and the son of the NADMO worker had been cut into pieces like meat in rubber for storage. The situation was unbelievable for the entire family because the suspect had been supportive since their son got missing and nobody suspected him of killing the young boy.

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Even as he was selling the land for GHC 10,000, he had already killed the young boy but still looked into the face of the father and picked the money. This is a perfect example of the saying that “the enemy is always close to us”. The enemy of Mr. Yeboah Asiamah was dining with him but he had no idea. Let’s all be careful of people we call friends.  Source: BeaNanahttps://googleads.g.doubleclick.net/pagead/ads?client=ca-pub-2568067115883334&output=html&h=50&slotname=4882475910&adk=2133244722&adf=705303957&pi=t.ma~as.4882475910&w=320&lmt=1629835154&rafmt=12&psa=0&format=320×50&url=https%3A%2F%2Fwww.brajohnmedia.com%2Fhe-kept-my-sons-body-in-the-fridge-and-came-for-ghc-10000-man-accuses-fridge-storage-killer%2F&flash=0&wgl=1&dt=1629835133602&bpp=12&bdt=12254&idt=2335&shv=r20210816&mjsv=m202108190101&ptt=9&saldr=aa&abxe=1&cookie=ID%3D2ffcdd5880b88cab-226862ddb4c90098%3AT%3D1629835137%3ART%3D1629835137%3AS%3DALNI_MaukA5aT1IRki5uvSeUqG1slOi8ow&prev_fmts=320×50%2C320x50%2C300x250%2C300x250%2C0x0&nras=1&correlator=5014973581996&frm=20&pv=1&ga_vid=707157784.1629835135&ga_sid=1629835135&ga_hid=439611993&ga_fc=0&u_tz=0&u_his=1&u_java=0&u_h=570&u_w=320&u_ah=570&u_aw=320&u_cd=24&u_nplug=0&u_nmime=0&adx=15&ady=3516&biw=320&bih=494&scr_x=0&scr_y=140&eid=44747621%2C31062369%2C44748553%2C31062297&oid=3&psts=AGkb-H_vfJvK1y7kKhXpQ4g6D01oPD2O1vjK3kPr-eu6_mFhsrefCglTvr9btRMjQI6a9GT-bDQ2RJV0rg%2CAGkb-H85M6yNwUWbI9-PO9xPE4f73eaMPAwBRAqaN_M4CIeRknQeLxWh1B5xCN3CZ7FtXHFqiZWsCjybGXFC%2CAGkb-H8tR3YmaWDTMBTTp_HsCTga88c92T5C-dxxmL_bk4Ewmkg03Hwx2tKukoWvafnB-Nu7cI5w51CCBxD-&pvsid=1320091573833015&pem=32&ref=http%3A%2F%2Fm.facebook.com%2F&eae=0&fc=896&brdim=0%2C0%2C0%2C0%2C320%2C0%2C320%2C450%2C345%2C533&vis=1&rsz=%7C%7CeEbr%7C&abl=CS&pfx=0&fu=1280&bc=31&ifi=5&uci=a!5&btvi=4&fsb=1&xpc=x2kOwkjnqu&p=https%3A//www.brajohnmedia.com&dtd=20468

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