Nigeria's naira, Ghana's cedi and Zambia's kwacha have been named the worst performing African currencies in 2014.
According to Reuters, the currencies were among a small basket that are relatively liquid, as falling commodity prices take a toll on some of the continent's "lion" economies.m
The naira shed about 13.5% last year, while South Africa's rand fell over 10% while Kenyan and Ugandan shillings yielded about 4.5 and 9% respectively.
On November 25, 2014 the Central Bank of Nigeria(CBN) devalued the midpoint of naira by 8% from 155 to 168. The CBN blamed the naira slide on falling oil prices and speculations by currency dealers.
The cedi lost about 27% in 2014, Economic growth in 2015 is seen slowing to 3.9% in from an estimated 6.9% last year.
Zambia's kwacha ended the year on the backfoot amid tax rows with mining houses, a lower growth forecast and a looming election.