Friday, January 15

Tag: Libyan Dinar

Most Valuable Currencies In Africa (see Nigeria’s Position)
Business

Most Valuable Currencies In Africa (see Nigeria’s Position)

A country’s currency tells a lot about its economy and living standards of the people. There is a common misconception that the biggest and most popular nations often have the best currencies; this is false – especially when Africa is concerned. How do you think the big countries rank concerning their currency in Africa today? Most people believe that countries like South Africa and Nigeria have the most valuable currencies in the African continent. But in reality, it is not true. Many other currencies are more valuable, especially from countries, you would least expect. The South African Rand comes 8th on the list, while the Nigeria which is popularly known as the so called " gaint of Africa " didn't even make it to the top 10. Many critics have argued that the dependence of ...