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The CFA franc (French: franc CFA, [fʁɑ̃ seɛfɑ]) is the name of two currencies used by 210 million people (as of 2023) in fourteen African countries: the West African CFA franc (where "CFA" stands for Communauté Financière Africaine, i.e. "African Financial Community" in English), used in eight West African countries, and the Central ...
The country codes are used to identify and categorise flow of cash between the CFA franc countries, as well as repatriating banknotes to their country of origin. [8] 50-franc notes were last issued in 1959, with 100 francs not issued since 1965. 10,000 franc notes were introduced in 1977, followed by 2,500 franc notes in 1992.
2006 saw a redesign of all denominations of coins for the CFA franc, along with the introduction of a 2 franc piece. The 1, 5, 10, and 25 franc coins were reduced in size, while a new bi-metallic 100 franc coin was introduced, along with a new and reduced size 500 franc coin with heightened security features, including laser marking.
Country Currency Central bank Peg Benin: West African CFA franc: Central Bank of West African States: 1 EUR = CFA 655.957 Burkina Faso Guinea-Bissau Ivory Coast Mali Niger Senegal Togo Cameroon: Central African CFA franc: Bank of Central African States: 1 EUR= CFA 655.957 Central African Republic Chad Equatorial Guinea Gabon Republic of the Congo
Country Algerian dinar: DZD DA (Latin) دج (Arabic) Algeria: Angolan kwanza: AOA Kz Angola: Botswana pula: BWP P Botswana: Burundian franc: BIF FBu Burundi: Cape Verdean escudo: CVE Cabo Verde: CFA franc There are two different currencies called the CFA franc: the West African CFA franc (XOF) and the Central African CFA franc (XAF). XAF FCFA ...
West African CFA franc: F.CFA XOF Centime: 100 Burundi: Burundian franc: FBu BIF Centime: 100 Cambodia: Cambodian riel ៛ KHR Sen: 100 United States dollar $ USD Cent: 100 Cameroon: Central African CFA franc: F.CFA XAF Centime: 100 Canada: Canadian dollar $ CAD Cent: 100 Cape Verde: Cape Verdean escudo: CVE Centavo: 100 Cayman Islands: Cayman ...
When French President Emmanuel Macron holds talks with his Ivory Coast counterpart on Saturday (December 22), the future of the French-backed CFA franc currency will be under scrutiny. It's a ...
Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador El Salvador Marshall Islands Micronesia Palau Panama Timor-Leste Andorra Monaco San Marino Vatican City Kosovo