W’Bank: Naira Proves More Resilient than Several African Currencies

W’Bank: Naira proves more resilient than several African currencies

The naira was among the more resilient African currencies in Q2 2026, depreciating less than others amid exchange rate pressure, a new World Bank report sa

‎Naira Among Africa’s Most Resilient Currencies in Q2 2026 - Report - Economi Confidential

‎The naira was among the more resilient African currencies during the second quarter of 2026, despite a wave of exchange rate pressure caused by rising geopolitical tensions and higher energy prices, the World Bank has said.

Naira emerges among Africa’s strongest currencies despite Q2 market turmoil — World Bank

The naira was among Africa’s most resilient currencies in the second quarter of 2026, with its maximum depreciation capped at 2.6% despite widespread exchange rate pressures across the continent.

World Bank compares naira depreciation among African currencies

The naira weakened 2.6% between March and June 2026 but recovered 1.9% by August, outperforming several African currencies amid heightened global economic pressures.