African Currencies & their ISOs
Prior to the use of typical currencies, African currencies were formed from common materials, items and barter trades as mediums of buying and selling. It is was until European colonial masters introduced their own monetary means in the countries they dominated in the 17th century that African currencies started changing from the use of local items, such as shells, ingots, Gold (gold dust and gold coins (the Asante), arrowheads, iron, salt, cattle, goats, blankets, axes, beads, cowries, perforated coppers, brass, etc., to metal coins and notes.
Some African countries, after the departure of European colonial powers as a result of independence, found reasons to change their currencies and their names as given by their colonialists while some post-colonial governments found no reasons to have their currencies changes.
In Nigeria, for example, the British West African pound was replaced by the Nigerian pound which was divided into shillings, before being replaced by the Naira. The Naira is still being used in Nigeria to date.
The essence of this post is to list all present African currencies as well as their ISOs:
|Present Currencies of African Countries|