State of fiat
Gambia’s dalasi retains its position as Africa’s best-performing currency

Despite rising inflation rates up to 18.4%, Gambian dalasi managed to gain 0.9% against the US dollar
Sep 22, 2023

Despite rising inflation rates up to 18.4%, Gambian dalasi managed to gain 0.9% against the US dollar

Figures show 50% of countries with available data experienced an increase in consumer prices in March.

While some countries recorded improved inflation figures, the cost of living across the continent remains prohibitively high.

While some countries recorded improved inflation figures, the cost of living across the continent remains prohibitively high.

Further contractions in consumer prices suggest that central banks’ tactics to curb inflation are productive.

At least 16 countries on the continent reported inflation rates higher than 10% in Sept. Zimbabwe's inflation rate slowed from 285% in Aug. to 280.4% in Sept.