Strongest Currencies in Africa:
1. Libyan Dinar (1 USD = LD 1.41)
The Libyan Dinar has always been the strongest currency in Africa. It has been gaining its strength in recent times because of the strict monetary policy introduced by the country’s central bank.
In Libya, the CBL has a programme that only sells a limited number of dollars to its citizens. Also, its strength has been increasing steadily after the reopening of the previously blockaded oil ports and fields. That raised the country’s dollar earnings for oil sales.
One (1) Libyan Dinar is equals to 64.02 Kenyan Shilling. When compared with the dollar, one dollar is equivalent to 1.4116 Libyan dinars.