Africa’s top performing currencies in 2022 – Nigeria Naira ranked 12th

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Africa’s top performing currencies in 2022 – Nigeria Naira ranked 12th


A report on 15 Africa top performing currencies so far from January 2022 has been announced.

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According to the report put out by Data Bank, the South African Rand is the top performing currency at the moment with 4.56% followed by Namibian Dollar of 4.49%.

Nigeria Naira is ranked 12th as it continues to depreciate by 0.82% to the US dollar according to the data. This simply means that, Ghana cedis is ranked 12th performing currencies among 15 currencies in the report.

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The report stated that the Zambian kwacha which was one of the top-performing currencies in Africa in 2021, is the worst so far in 2022. It has declined in value by 11.29% to the dollar.

Find below Africa’s top performing currencies from January to date.

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