THE ZAMBIAN Kwacha has been rated the 6th strongest currency in Africa according to the Business Insider by Pulse.

The Zambian Kwacha has been rated sixth trading at K11. 98 against the dollar.

Topping the list is Libyan dinar followed by the Tunisian dinar.

The Ghanaian cedis and the Moroccan dinar are next and then the Botswana Pula ahead of the Kwacha.

The Zambian Kwacha has been rated to be stronger than currencies such as South African Rand and the Swaziland Lilangeni.

The Pulse determines the strength of a currency by a number of factors, including its supply and demand, market forces within the country, inflation and the foreign exchange market.

The United States dollar is considered one of the strongest currencies in the world and it’s, therefore used asvthr appropriate benchmark with which to measure the strength of some African currencies.

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1 COMMENT

  1. the only reason why the dollar is at the first in the map is because, (1) people orders goods mostly from United state and then importing of goods in the lower rated country is very low.as for that. things become taffer every day by day.Bt I think we can do something about this,the thing is that only one person has that power!.for solutions am in contact me.

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