Naira remains Africa’s worst-performing currency in 2023 despite CBN moves

The naira is followed by the Angola Kwanza which has lost 39.5 per cent against the US dollar Year-to-Date (YTD), Egyptian Pound (20.6 per cent), Congolese Franc (18.9 per cent) Liberian Dollar (18.6 per cent), Kenya Shilling (15.7 per cent), Sierra Leone’s Leone (13.8 per cent), Ghana’s Cedi (11.9 per cent), Rwanda Franc (11.6 per cent) and the South African Rand (9.6 per cent).

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