The latest Forbes currency calculator report for September 2025 has placed the Nigerian Naira among Africa’s weakest currencies, highlighting ongoing pressure on the economy despite signs of easing inflation.
The currency calculator, powered by the Open Exchange Rates API, tracks real-time foreign exchange data updated every five minutes, reflecting demand, supply, market sentiment, and broader economic conditions.
According to the data, the São Tomé & Príncipe Dobra (22,282 per $1) led the list of Africa’s weakest currencies, followed by the Sierra Leonean Leone (20,970), Guinean Franc (8,680), Ugandan Shilling (3,503), and Burundian Franc (2,968).
Others on the list include the Congolese Franc (2,811), Tanzanian Shilling (2,465), Malawian Kwacha (1,737), the Nigerian Naira (₦1,490 per $1), and the Rwandan Franc (1,448).
Meanwhile, the Tunisian Dinar (2.90 per $1) was ranked as Africa’s strongest currency, followed by the Libyan Dinar (5.40), Moroccan Dirham (9.91), Ghanaian Cedi (12.31), and Botswanan Pula (14.15).
The report covers all 54 African countries recognised by the United Nations, offering a snapshot of shifting currency performance across the continent.
