List of All African Currencies and Countries’ Official Name

    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.

    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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