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Usage of: West African CFA franc Central African CFA franc The West African CFA franc (French: franc CFA or simply franc, ISO 4217 code: XOF; abbreviation: F.CFA) is the currency used by eight independent states in West Africa which make up the West African Economic and Monetary Union (UEMOA): Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo.
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2]; Exchange rate arrangement (Number of countries) Exchange rate anchor
All de facto present currencies in Europe, and an incomplete list of the preceding currency, are listed here. In Europe, the most commonly used currency is the euro (used by 26 countries); any country entering the European Union (EU) is expected to join the eurozone [ 1 ] when they meet the five convergence criteria. [ 2 ]
Euro, the currency used by the most countries and territories, the second-largest reserve currency and the second-most traded currency. Some currencies, such as the Abkhazian apsar , are not used in day-to-day commerce, but are legal tender in their issuing jurisdiction.
Country () Capital () Country () Capital () Official or native language(s) (alphabet/script) Afghanistan: Kabul: Afġānistān افغانستان: Kabul كابل
US occupation franc – France (issued and used by Allied soldiers, never backed by any government) West African CFA franc – Benin , Burkina Faso , Côte d'Ivoire , Guinea-Bissau , Mali , Niger , Senegal , Togo
African currency was originally formed from basic items, materials, animals and even people available in the locality to create a medium of exchange. This started to change from the 17th century onwards, as European colonial powers introduced their own monetary system into the countries they invaded.
A language designated as having a unique legal status in the state: typically, the language used in a nation's legislative bodies, and often, official government business. Regional language A language designated as having official status limited to a specific area, administrative division, or territory of the state.