Market Pulse Africa
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naira

African currencies including the Nigerian naira, South African rand and Kenyan shilling displayed with forex charts and financial market data.
Currencies & Forex

African Forex Watch: Naira Stabilises, Rand Under Pressure, Shilling Steady

African currencies showed divergent trends in early August, with the Nigerian naira stabilising, the South African rand facing pressure and the Kenyan shilling remaining relatively steady. Here's what the latest currency movements mean for businesses, trade and investors across Africa.

2 min read

Nigerian naira banknotes with a foreign-exchange trading screen showing the naira at ₦1,590 per dollar, against a dark Nigerian financial-market background with MarketPulse Africa
Currencies & Forex

The Nigerian Naira at 1,590: Currency Depreciation, Inflation and What Investors Need to Know

The naira has depreciated substantially since the June 2023 liberalisation. At roughly 1,590 to the dollar, the trajectory matters for anyone doing business in or with Africa's largest economy.

2 min read

Weekly Pulse

The Weekly Pulse: July 7–11, 2026

Copper slips below $9,500 on Chinese demand data, the naira gives up ground, and the NGX All-Share holds a 14% year-to-date gain.

1 min read