Best performing African currencies Africa in July 2026
African currencies posted mixed performances against the U.S. dollar in July 2026, with several currencies recording gains as others came under renewed pressure during the month. The post Best performing African currencies Africa in July 2026 appeared first on Nairametrics .
In July 2026, several African currencies experienced varying performances against the U.S. dollar, as reported by Nairametrics Research. Among the top performers, the Botswana pula led with a 3.18% appreciation, followed by the Seychellois rupee with a 1.81% gain. The Comorian franc also showed strength, appreciating by 1.32%, while the West African CFA franc recorded a 0.96% increase across eight countries.
The Moroccan dirham, Nigerian naira, and Sierra Leonean leone also appreciated moderately. Conversely, the Egyptian pound, Ghanaian cedi, Zambian kwacha, and Ugandan shilling weakened significantly, with declines of -4.11%, -3.18%, -3.18%, and over 1%, respectively. Several African currencies, such as those of Malawi, Djibouti, Eritrea, Somalia, and Mozambique, remained unchanged during the month.
The South Sudanese pound experienced the largest decline at -6.37%. Overall, the July data indicate a mixed performance among African currencies, with most showing meaningful gains while others continued to face pressure against the U.S. dollar.
Written by urgent.news from Nairametrics's reporting — not their text. Machine-written — it may contain errors, so check the original before relying on it.
