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Fluctuation du taux de change face aux chocs exogènes en RDC : une analyse par régime politique. 1998-2024

Author

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  • Benjamin KONGOLO TSHISUAKA

    (Université de Kinshasa, Université Pédagogique Nationale)

Abstract

The Congolese franc (CDF), which is the national currency of the DRC, was put into circulation during the monetary reform of June 30, 1998. When it was put into circulation, this currency had almost the same value as the US dollar. But today, the Congolese franc has lost 99% of its value in 26 years. The objective of this article is to provide an overview of the fluctuation of the exchange rate in the DRC during these 26 years of the Congolese franc by integrating the approach of the political regime in order to verify which political regime experienced a strong monetary depreciation, what are the exogenous shocks that were at the base of this depreciation. After analysis, it is noted that the Congolese franc, the national currency of the DRC, experienced strong depreciations in the years of its entry into circulation under the reign of President Laurent Désiré Kabila. This depreciation was explained by endogenous factors. It should also be noted that strong depreciations of the Congolese franc are more linked to exogenous shocks.

Suggested Citation

  • Benjamin KONGOLO TSHISUAKA, 2025. "Fluctuation du taux de change face aux chocs exogènes en RDC : une analyse par régime politique. 1998-2024," Working Papers hal-05029987, HAL.
    • Handle: RePEc:hal:wpaper:hal-05029987
    Note: View the original document on HAL open archive server: https://hal.science/hal-05029987v1
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