Nigeria's and Uganda's currencies are expected to strengthen next week, while those of Kenya and Zambia are seen weakening.
The naira fell to 470 to the dollar on the black market on Thursday, from 455 a dollar last week because of surged in demand from small businesses and parents buying hard currencies to pay school fees abroad. The currency has remained stable at 305.50 to the dollar on the official window due to support from the central bank.
"The naira should appreciate gradually in the coming days after the expected sales of about $21 million by Travelex today (Thursday), and subsequent extension of dollar sales to bureau de change operators in the other part of the country," Aminu Gwadabe, president of the association of bureau de change operators, said.
Travelex and First Bank are authorised by the central bank to sell dollar to bureaux de change to boost liquidity and narrow the gulf with the official rate.
The cedi has been fairly steady in recent weeks on positive investor sentiments, buoyed by a successful third review of the country's 3-year aid programme with the International Monetary Fund. It was trading at 3.9770 to the dollar at 1100 GMT on Thursday, down around 4 percent since January.
"The local currency is expected to remain fairly stable in Q4 despite the seasonal high demand for dollars in the last quarters and notwithstanding the general election and its accompanying spending," currency analyst Joseph Biggles Amponsah of the Accra-based Dortis Research said.
At 0953 GMT commercial banks quoted the shilling at 3,460/3,470, weaker than last Thursday's close of 3,440/3,450. "We have some inflows from sources like coffee and NGOs but also demand (for dollars) tends to cool when the unit hits 3,465/75," said Benon Okwenje, trader at Stanbic Bank.
At 0848 GMT, commercial banks quoted the shilling at 101.35/55 to the dollar, compared with 101.30/40 at last Wednesday's close. Thursday was a public holiday.
Commercial banks quoted the shilling at 2,178/2,188 to the dollar on Thursday, stronger than 2,184/2,189 a week ago. "The outlook is that the shilling is expected to be stable next week due to limited activities in the market," said William Francis, a dealer at Commercial Bank of Africa Tanzania.
At 1200 GMT on Thursday, commercial banks quoted the currency of Africa's second-biggest copper producer at 9.7800 per dollar, unchanged from a week ago.
"Next week is the first week of the month so there should be some pressure on the kwacha because everyone will have converted their dollars," one commercial bank trader said, referring to month-end dollar conversions to the local unit to pay salaries.