List of All African Currencies and Countries’ Official Name

List of All African Countries and Currencies

On this page, we have compiled the different currencies, the official names of all African countries. The latest and official list of the various African currencies is very up to date.

Currency is the financial mechanism originating from the Latin word ‘currens‘, which acts as a legal tender. Currencies are official legal tenders adopted by countries for trading, it is essential for exchange and trading within the country.

List of All African Countries and Currencies

In a socio-economic evaluation, Currencies are made available for denizens within a nation in forms of coins and banknotes in order to facilitate the exchange of goods and services, valuation purpose and settlement of debts.

Transactions are facilitated and goods are also valued with currencies, Ghana’s official currency is Cedis while Nigeria’s official currency is the Naira. Each country on the continent of Africa has its Unique currency.

African Currencies

  • West African CFA franc is in use in 8 independent countries namely Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal and Togo, Forex Code is XOF and nickname céfa, franc.
  • Central African CFA franc is a legal tender in 6 independent countries namely Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon. The Forex code is XAF, CFA means Coopération financière en Afrique centrale, in English, it means Financial Cooperation in Central Africa.
  • The most-traded African currency on the International on the International Foreign Exchange (FOREX) market is the South African Rand
  • Both CFA currencies are pegged to the euro at 1 euro = CFA 655.957 at the time of publishing this page.

Table of African countries and their Currencies

African Countries

Capital

Official Currency Name

Algeria Algiers Algerian Dinar
Angola Luanda Angolan Kwanza
Benin Porto-Novo West African CFA franc
Botswana Gaborone Pula (BWP)
Burkina Faso Ouagadougou West African CFA franc
Burundi Bujumbura Burundi Franc
Cameroon Yaounde West African CFA francs
Cape Verde Praia Cape Verdean Escudo
Central African Rep. Bangui Central African CFA franc
Chad N’Djamena Central African CFA franc
Comoros Moroni Comorian franc (KMF)
Congo (DRC) Kinshasa Congolese Franc (CDF)
Cote d’Ivoire Yamoussoukro West African CFA franc
Djibouti Djibouti Franc (DJF)
Egypt Cairo Egyptian pound (EGP)
Equatorial Guinea Malabo Central African CFA franc
Eritrea Asmara Nakfa (ERN)
Ethiopia Addis Ababa Birr (ETB)
Gabon  Libreville Central African CFA franc
Gambia Banjul Dalasi (GMD)
Ghana Accra Ghana cedi
Guinea Conakry Guinea Franc
Guinea-Bissau Bissau West African CFA franc
Kenya Nairobi Kenyan shilling
Lesotho Maseru Lesotho loti
Liberia Monrovia Liberian Dollar
Libya Tripoli Libyan Dinar
Madagascar Antananarivo Malagasy ariary
Malawi Lilongwe Kwacha
Mali Bamako West African CFA franc
Mauritania Nouakchott Ouguiya
Mauritius Mauritius Mauritian rupee
Morocco Rabat Moroccan Dirham
Mozambique Maputo Mozambican metical
Namibia Windhoek Namibian dollar
Niger Niamey West African CFA franc
Nigeria Abuja Naira
Rwanda Kigali Rwanda Franc
Sao Tome & Principe Sao Tome Dobra
Senegal Dakar CFA franc
Seychelles Victoria Seychellois rupee (SCR)
Sierra Leone Freetown Sierra Leonean leone (SLL)
Somalia Mogadishu Somali Shilling
South Africa Pretoria South African Rand (ZAR)
South Sudan Juba South Sudanese pound (SSP)
Sudan Khartoum Sudanese pound (SDG)
Swaziland Mbabane Lilangeni
Tanzania Dodoma Tanzanian Schilling
Togo Lomé Central African CFA franc
Tunisia Tunis Tunisian Dinar
Uganda Kampala Uganda Shilling
Western Sahara Laayoune Moroccan Dirham

(The majority of the territory of Western Sahara is currently administered by the Kingdom of Morocco.)

Zambia Lusaka Zambian Kwacha (ZMK)
Zimbabwe Harare Zimbabwean Dollar (ZWD)

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