Best performing African currencies 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 in July 2026 appeared first on Nairametrics .
In July 2026, African currencies exhibited a mix of performance against the U.S. dollar, with several currencies recording gains while others experienced declines. The Botswana pula, Seychellois rupee, and Comorian franc emerged as the top performers in the continent during the month.
The Moroccan dirham appreciated by 0.52%, climbing to 9.34 MAD/$ from 9.39 MAD/$ at the end of June. The Sierra Leonean leone saw a 0.56% gain, rising to 24.062 SLE/$ from 24.198 SLE/$ at the end of June. The Nigerian naira appreciated by 0.58%, moving from N1,376/$ to N1,368/$ at the end of July. The Cape Verdean escudo appreciated by 0.91%, reaching 95.94 CVE/$ after starting at 96.82 CVE/$ at the end of June.
The São Tomé and Príncipe dobra gained 0.93%, moving from 21.47 STN/$ to 21.67 STN/$ at the end of July. The West African CFA franc recorded a 0.96% appreciation, dropping from 575.25 XOF/$ to 569.75 XOF/$ at the end of July as it was shared across eight countries.
The Congolese franc strengthened by 1.02%, reaching 2,290.00 CDF/$ after starting at 2,313.50 CDF/$ at the end of June. The Comorian franc appreciated by 1.32%, moving from 432.72 KMF/$ to 427.00 KMF/$ by the end of July. The Seychellois rupee was the second-best performer in July, gaining 1.81%, climbing to 13.51 SCR/$ after being at 13.75 SCR/$ at the end of June. The Botswana pula topped the list as Africa's best-performing currency in July, appreciating by 3.18% and reaching 13.63 BWP/$ after starting at 14.08 BWP/$.
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