Best performing African currencies in October 2026
AI Executive Briefing
Verified Synthesis~74s readAfrican currencies mostly weakened against the U.S. dollar in October 2026, with only nine of the 54 country-level entries examined recording gains during the month. Liberian Dollar (0.59%) The Liberian dollar appreciated by 0.59% against the U.S. dollar, strengthening from 170.00 LRD/$ at the end of September to 169.00 LRD/$ at the end of October.
Context & Background
- ✦Ethiopian Birr (0.13%) The Ethiopian birr appreciated by 0.13% against the U.S. dollar in October, improving from 161.65 ETB/$ at the end of September to 161.44 ETB/$ at the end of October.
Key Figures & Named Entities
2026:African currencies mostly weakened against the U.S. dollar in October 2026, with only nine of the 54 country-level entries examined recording gains during the month.2026:Nigerian stocks open November lower as banking, oil and gas stocks drag marketCBN pumps N3.20 trillion into banking system as debt repayments outpace auctionsFoods power Unilever Nigeria’s profit growth as Personal Care sales slide Below are the best-performing currencies in Africa in October 2026.0.02%:Somali Shilling (0.02%) The Somali shilling appreciated by 0.02% against the U.S. dollar during October.
Outlook & Next Steps
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Key Takeaways
Verified Extract- African currencies mostly weakened against the U.S. dollar in October 2026, with only nine of the 54 country-level entries examined recording gains during the month.
- Liberian Dollar (0.59%) The Liberian dollar appreciated by 0.59% against the U.S. dollar, strengthening from 170.00 LRD/$ at the end of September to 169.00 LRD/$ at the end of October.
- Ethiopian Birr (0.13%) The Ethiopian birr appreciated by 0.13% against the U.S. dollar in October, improving from 161.65 ETB/$ at the end of September to 161.44 ETB/$ at the end of October.
Key Facts:2026: African currencies mostly weakened against the U.S. dollar in October 2026, with only nine of the 54 country-level entries examined recording gains during the month.2026: Nigerian stocks open November lower as banking, oil and gas stocks drag marketCBN pumps N3.20 trillion into banking system as debt repayments outpace auctionsFoods power Unilever Nigeria’s profit growth as Personal Care sales slide Below are the best-performing currencies in Africa in October 2026.0.02%: Somali Shilling (0.02%) The Somali shilling appreciated by 0.02% against the U.S. dollar during October.0.06%: Mozambican Metical (0.06%) The Mozambican metical appreciated by 0.06% against the U.S. dollar in October, strengthening from 63.64 MZN/$ at the end of September to 63.60 MZN/$ at the end of October.
Editorial Excerpt
African currencies mostly weakened against the U.S. dollar in October 2026, with only nine of the 54 country-level entries examined recording gains during the month.
Frequently Asked Questions About This Story
What is the latest development regarding Naira & Foreign Exchange Policy?
African currencies mostly weakened against the U.S. dollar in October 2026, with only nine of the 54 country-level entries examined recording gains during the month.
Who are the key organizations or public figures mentioned?
The primary parties identified in this coverage include Naira & Foreign Exchange Policy.
What timeline or key figures were confirmed?
African currencies mostly weakened against the U.S. dollar in October 2026, with only nine of the 54 country-level entries examined recording gains during the month.
