The value of the SANUSI Currency Index depreciated by 0.45% against the US Dollar over the week, from May 26 to June 2, 2023.
The value of the Sierra Leonean Leone, Liberian Dollar, Ghanaian Cedi, Guinean Franc, Botswana Pula, Angolan Kwanza, Kenyan Shilling and the Egyptian Pound depreciated against the US Dollar over the week.
However, the Nigerian Naira, Gambian Dalasi, CFA Franc, Cape Verdean Escudo, Central African CFA Franc, South African Rand, Tanzanian Shilling, Ethiopian Birr, Moroccan Dirham and the Algerian Dinar appreciated against the US Dollar over the same period.
The Fractal Grid tables compare the percentage changes in exchange rates of eighteen African currencies against the US Dollar and percentage changes in prices of fifteen commodities exported from Africa. The SANUSI Currency Index is a basket of 18 African currencies.
ABJ/APA