Knowledge (XXG)

CFA franc

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1207:"A strong currency like the CFA franc makes exports from the CFA-franc zone much more costly than they would ordinarily be and as a result economic growth suffers accordingly. Since most of the countries that use the currency are poor, mostly agricultural economies, this has put a stranglehold on their trade and made them overly dependent upon continuing, privileged access to French and, though them, European markets. That this effectively recreates a quasi-colonial trading relationship between France and its former African colonies that benefits France mightily has not been lost on observers. - See more at: 1044: 1072: 909: 961: 758: 1013: 935: 810: 1025: 745: 732: 896: 1058: 797: 1001: 948: 784: 719: 33: 922: 771: 836: 653: 141:
franc. This requirement remains unchanged for the Central African CFA franc, which wasn't reformed in 2019 (the reform concerned only the West African CFA franc). The currency has been criticized for restricting the sovereignty of the African member states, effectively putting their monetary policy in the hands of the
591:. Subsequently, a reform of the West African CFA franc was initiated. In May 2020, the French National Assembly agreed to end the French engagement in the West African CFA franc. The countries using the currency will no longer have to deposit half of their foreign exchange reserves with the French Treasury. 610:
On April 25, 2023, the subject of the CFA franc was discussed at the ministerial meeting of the Economic and Monetary Community of Central Africa (CEMAC) and France. The French perceive the guarantee provided to the CFA franc, and the assurance of its convertibility, as a pillar of economic stability
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Critics point out that the currency is controlled by the French treasury, and in turn African countries channel more money to France than they receive in aid and have no sovereignty over their monetary policies. In January 2019, Italian ministers accused France of impoverishing Africa through the CFA
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guaranteed by France: €1 = F.CFA 655.957 exactly. In order to ensure this convertibility guarantee, member countries were required to deposit half of their foreign exchange reserves with the French Treasury, but this requirement was dropped in 2019 (effective in 2021) for the West African CFA
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Over time, the number of countries and territories using the CFA franc has changed as some countries began introducing their own separate currencies. A couple of nations in West Africa have also chosen to adopt the CFA franc since its introduction, despite the fact that they had never been French
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17 October 1948 to 31 December 1959 – F.CFA 1 = 2 French francs (the CFA franc had followed the French franc's devaluation versus the US dollar in January 1948, but on 18 October 1948, the French franc devalued again and this time the CFA franc was revalued against the French franc to
152:. In May 2020, the French National Assembly agreed to end the French engagement in the West African CFA franc, including the foreign reserve deposit requirements, thereby facilitating the transition to the Eco. Despite initial plans for a monetary union by late 2020, setbacks including the 629:
currency code XAF). They are distinguished in French by the meaning of the abbreviation CFA. These two CFA francs have the same exchange rate with the euro (1 euro = 655.957 XOF = 655.957 XAF), and they are both guaranteed by the French treasury
567:'s 2008 assessment of the CFA's link to the euro noted that "benefits from economic integration within each of the two monetary unions of the CFA franc zone, and even more so between them, remained remarkably low" but that "the peg to the 287:
to spare them the strong devaluation, thereby making it easier for them to import goods from France (and simultaneously making it harder for them to export goods to France). French officials presented the decision as an act of generosity.
1724: 546:, the European Central Bank and the Economic and Financial Committee informed about the implementation of the agreements and inform the Committee prior to changes of the parity between the euro and the CFA and Comorian francs 558:
The currency has been criticized for making national monetary policy for the developing countries of French West Africa all but impossible, since the CFA's value is pegged to the euro (whose monetary policy is set by the
1663: 563:). Others disagree and argue that the CFA "helps stabilize the national currencies of Franc Zone member-countries and greatly facilitates the flow of exports and imports between France and the member-countries". The 328:
is the consequence of the creation of the CFA franc, which spared the French African colonies the devaluation of December 1945 (before December 1945, 1 local franc in these colonies was worth 1 French franc).
1629: 145:. Others argue that the CFA "helps stabilize the national currencies of Franc Zone member-countries and greatly facilitates the flow of exports and imports between France and the member-countries". 612: 1728: 689: 1732: 1667: 293: 1638: 1671: 598:(ECOWAS), which includes the members of UEMOA, plans to introduce its own common currency for its member states by 2027, for which they have also formally adopted the name 1386: 886: 513: 483: 196:
colony). These fourteen countries have a combined population of 210.4 million people (as of 2023), and a combined GDP of US$ 313.7 billion (as of 2023).
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1 January 1960 to 11 January 1994– F.CFA 1 = NF 0.02 (1 January 1960: the French franc redenominated, with 100 old francs becoming 1 new franc)
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for the region. France remains “open” and “available” to CEMAC proposals to reform monetary cooperation in Central Africa, as has happened in West Africa.
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and, since 1999, to the euro as exchange rate anchor is usually found to have had favourable effects in the region in terms of macroeconomic stability".
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offset almost all of this new devaluation of the French franc; after October 1948, the CFA followed all the successive devaluations of the French franc)
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These eight countries have a combined population of 147.6 million people (as of 2023), and a combined GDP of US$ 199.4 billion (as of 2023).
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These six countries have a combined population of 62.8 million people (as of 2023), and a combined GDP of US$ 114.3 billion (as of 2023).
709: 317:. This exchange rate was changed only twice, in 1948 and in 1994 (besides nominal adaptation to the new French franc in 1960 and the Euro in 1999). 549:
Any change to the nature or scope of the agreements would require Council approval on the basis of a Commission recommendation and ECB consultation
2775: 1771: 1236: 304:, wishing not to impose on her far-away daughters the consequences of her own poverty, is setting different exchange rates for their currency. 148:
On 22 December 2019, it was announced that the West African currency would be reformed and replaced by an independent currency to be called
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In their present forms and states of implementation, the agreements are unlikely to present any obstacle to a smooth functioning of
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Modifications to the existing agreements will not lead to any obligations for the European Central or any national central bank
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countries. Although separate, the two CFA franc currencies have always been at parity and are effectively interchangeable. The
1379: 1211:", FOREX Africa: The CFA Franc aka The African Euro, By Jeffrey Cavanaugh AFKI Original Published: 12 February 2014, 02:11pm, 1100: 1840: 1441: 487: 224:) and the independence of these African countries at the beginning of the 1960s. Since independence, CFA is taken to mean 1577: 2780: 1830: 1024: 1326: 1279: 2785: 1982: 1375: 1739: 1928: 1815: 1764: 350: 1712: 2765: 2490: 2302: 1867: 1810: 1348: 830: 459: 415: 118: 96: 49: 2770: 2475: 2134: 2119: 1955: 1301: 914: 169: 1212: 1208: 1595: 2324: 2020: 1872: 1702: 341:
1 January 1999 onwards – F.CFA 100 = €0.152449 or €1 = F.CFA 655.957. (1 January 1999: the
1651: 1529: 2307: 2169: 647: 126: 79: 41: 156:, global geopolitical uncertainties, and failure to meet criteria resulted in a postponement until 2027. 2189: 2151: 2129: 2048: 1938: 1918: 1757: 1548:
The role of the euro in Sub-Saharan Africa and in the CFA franc zone, Economic papers 347, November 2008
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12 January 1994 to 31 December 1998– F.CFA 1 = F 0.01. An overnight 50% devaluation.
2600: 2573: 2535: 2510: 2365: 2255: 1933: 1820: 1686: 1302:"From CFA to ECO: Opportunities and Challenges of Economic and Monetary Cooperation in West Africa" 1240: 543: 408: 301: 276: 133: 575:
franc, and criticism continued from various African organizations. On 21 December 2019, President
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Economic Integration and Development in Africa, Henry Kyambalesa, Mathurin C. Houngnikpo, p. 88
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26 December 1945 to 16 October 1948 – F.CFA 1 = 1.70 French franc. This 70 centime
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Decision of the Council of Europe on 23 November 1998 regarding the CFA and Comorian francs
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Aubin Nzaou-Kongo, International Law and Monetary Sovereignty, African Review of Law, 2020
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The French Treasury will guarantee the free convertibility at a fixed parity between the
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The 1960 and 1999 events merely reflect changes of currency in use in France: the actual
1327:"Challenges to Single Currency Surmountable—Finance Minister Tells West African Leaders" 2692: 2657: 2652: 2578: 2558: 2495: 2428: 2331: 2248: 2229: 2159: 2124: 2114: 2109: 1805: 1130: 1090: 599: 588: 564: 527: 393: 289: 149: 106: 638:), but the two currencies are only legal tender in their respective member countries. 164:
CFA francs are used in fourteen countries: twelve nations formerly ruled by France in
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There are two different currencies called the CFA franc: the West African CFA franc (
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unique to each participating country, and common reverse, in a fashion similar to
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of France announced an initiative to replace the West African CFA Franc with the
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Nothing in the agreements can be construed as implying an obligation for the
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of the CFA franc versus the French franc/euro only changed in 1948 and 1994.
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http://afkinsider.com/41946/forex-africa-african-euro/#sthash.bAiuUVxB.dpuf
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http://afkinsider.com/41946/forex-africa-african-euro/#sthash.bAiuUVxB.dpuf
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used by 210 million people (as of 2023) in fourteen African countries: the
32: 325: 105:, i.e. "Financial Cooperation in Central Africa" in English), used in six 2679: 2271: 1085: 901: 876: 626: 622: 507: 185: 110: 75: 1720: 1659: 1603: 835: 1480: 989:, the only former Spanish colony in the zone, adopted the CFA in 1984. 976: 863:("Financial Cooperation in Central Africa"). It is issued by the BEAC ( 802: 699: 652: 491: 433: 1547: 367: 173: 1168: 1266:"France ratifies law officially ending 75 years of West Africa CFA" 490:
addressed the monetary agreements France had with the CFA Zone and
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leaves (in 1972, according to another source) and begins issuing
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The CFA franc was created with a fixed exchange rate versus the
137: 88:, i.e. "African Financial Community" in English), used in eight 2244: 1753: 694:, i.e., "Central Bank of the West African States"), located in 498:
The agreements are unlikely to have any material effect on the
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The CFA franc was created on 26 December 1945, along with the
1560:"West Africa: ECOWAS Heads of State Name Single Currency ECO" 686:("African Financial Community"). It is issued by the BCEAO ( 1237:"West Africa renames CFA franc but keeps it pegged to euro" 975:
In 1975, Central African CFA banknotes were issued with an
1456:"France à fric: the CFA zone in Africa and neocolonialism" 871:, i.e., "Bank of the Central African States"), located in 1676:(in French, but more extensive than the English version) 882:
Communauté Économique et Monétaire de l'Afrique Centrale
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leaves for French franc, which changed later to the Euro
255:. The reason for their creation was the weakness of the 625:
currency code XOF), and the Central Africa CFA franc (
396:, the Malagasy franc, which ran concurrently with the 2727: 2711: 2539: 2411: 2285: 2150: 2071: 2002: 1905: 1854: 1791: 345:
replaced FRF at the rate of 6.55957 FRF for 1 euro)
1162: 1160: 1158: 1156: 1154: 1152: 1150: 1148: 1146: 2381: 1687:"For better or worse: the euro and the CFA franc" 887:Economic and Monetary Community of Central Africa 690:Banque Centrale des États de l'Afrique de l'Ouest 484:Economic and Monetary Union of the European Union 1280:"West Africa's Eco currency remains an illusion" 542:The competent French authorities shall keep the 298: 220:of Africa") between 1958 (establishment of the 1421:"World Economic Outlook Database - April 2024" 300:In a show of her generosity and selflessness, 2399: 2256: 1765: 1349:"Is West Africa ready for a single currency?" 705:Union Économique et Monétaire Ouest Africaine 526:to support the convertibility of the CFA and 27:Two common currencies of 14 African countries 8: 2661: 2609: 2582: 2545: 2393: 2369: 2352: 2335: 880: 864: 858: 852: 703: 687: 681: 675: 669: 631: 225: 211: 205: 100: 83: 2447: 1411: 1409: 1407: 1370: 1368: 1366: 1173:African Review of Law and Critical Thinking 2263: 2249: 2241: 2077: 2008: 1911: 1860: 1772: 1758: 1750: 1652:Franc zone information at Banque de France 1636:Franc zone information at Banque de France 1530:Le mot du Directeur de l'agence de Mayotte 860:Coopération financière en Afrique centrale 232:Coopération financière en Afrique centrale 102:Coopération Financière en Afrique centrale 1479: 596:Economic Community of West African States 710:West African Economic and Monetary Union 702:, for the eight countries of the UEMOA ( 606:Debate on ending the Central African CFA 554:Criticism and replacement in West Africa 210:("French colonies of Africa"); then for 31: 1142: 996: 879:, for the six countries of the CEMAC ( 867:Banque des États de l'Afrique Centrale 1442:Communauté Financière Africaine franc 1392:from the original on 20 February 2024 680:('Financial Community of Africa') or 407:leaves, replacing the franc with the 283:. New currencies were created in the 204:Between 1945 and 1958, CFA stood for 69: 7: 1260: 1258: 1222: 1220: 1203: 1201: 357:Changes in countries using the franc 2662: 2583: 2353: 2336: 1600:Central Bank of West African States 1307:. policycenter.ma. 1 September 2021 1509:IEDOM/Banque de France - History, 1380:"2023 World Population Data Sheet" 25: 1329:. mofep.gov.gh. 18 September 2023 440:, which changed later to the Euro 429:, which changed later to the Euro 235: 230:(African Financial Community) or 1440:Encyclopædia Britannica Online, 1070: 1056: 1042: 1023: 1011: 999: 959: 946: 933: 920: 907: 894: 808: 795: 782: 769: 756: 743: 730: 717: 2623:Saint Pierre and Miquelon franc 2481:French Equatorial African franc 1713:Passé et Avenir du Franc C.F.A. 1185:10.6084/m9.figshare.12808835.v3 839:Central African CFA franc coins 683:Communauté Financière Africaine 677:Communauté financière d'Afrique 539:and the CFA and Comorian francs 400:(1 ariary = 5 Malagasy francs). 227:Communauté Financière Africaine 85:Communauté Financière Africaine 18:Communaute Financiere Africaine 1740:The CFA franc zone and the EMU 1101:Currencies related to the euro 843:The Central Africa CFA franc ( 213:Communauté française d'Afrique 1: 2776:Currencies introduced in 1945 1472:10.1080/01436597.2019.1585183 1030:1000 West African CFA francs. 488:Council of the European Union 207:Colonies françaises d'Afrique 1018:500 West African CFA francs. 660:The West African CFA franc ( 656:West African CFA franc coins 482:In 1998, in anticipation of 2059:Water supply and sanitation 1376:Population Reference Bureau 1167:Nzaou-Kongo, Aubin (2020). 514:economic and monetary union 411:(1 ouguiya = 5 CFA francs). 263:. When France ratified the 2807: 1841:People's Republic of Benin 1816:Second Franco-Dahomean War 1700:Central Bank of Madagascar 1282:. dw.com. 2 September 2021 828: 645: 381:leaves and begins issuing 370:leaves and begins issuing 294:French Minister of Finance 2491:French West African franc 2207: 2080: 2011: 1914: 1863: 1811:First Franco-Dahomean War 1351:. Brookings. 30 July 2021 1239:. Reuters. Archived from 831:Central African CFA franc 447:rejoins (1 CFA franc = 2 416:Saint-Pierre and Miquelon 119:Central African CFA franc 97:Central African CFA franc 50:Central African CFA franc 2476:French Camerounian franc 1630:History of the CFA franc 915:Central African Republic 296:, was quoted as saying: 180:, which withdrew), plus 99:(where "CFA" stands for 82:(where "CFA" stands for 2325:French Polynesian franc 1723: to English: 1705:29 October 2018 at the 1662: to English: 1641:2 December 2016 at the 1535:27 January 2012 at the 1528:IEDOM/Banque de France 857:, where CFA stands for 674:, where CFA stands for 478:European Monetary Union 265:Bretton Woods Agreement 132:Both CFA francs have a 2791:Currencies of Cameroon 2610: 2546: 2540: 2448: 2400: 2394: 2382: 2370: 1846:Mercenary coup attempt 1511:Historique des billets 1444:; accessed 2008.12.05. 881: 865: 859: 853: 840: 704: 688: 682: 676: 670: 657: 648:West African CFA franc 632: 522:(ECB) or any national 306: 267:in December 1945, the 226: 212: 206: 127:West African CFA franc 101: 84: 80:West African CFA franc 65: 53: 42:West African CFA franc 1460:Third World Quarterly 967:Republic of the Congo 838: 655: 561:European Central Bank 520:European Central Bank 222:French Fifth Republic 143:European Central Bank 74:) is the name of two 35: 2486:French Guianan franc 2320:New Caledonian franc 1831:Presidential Council 1454:Taylor, Ian (2019). 1006:A F.CFA 1 coin. 469:joins (1 franc = 65 2781:Fixed exchange rate 2680:US occupation franc 2601:Ruanda-Urundi franc 2536:Luxembourgish franc 2366:Liechtenstein franc 1821:Republic of Dahomey 1606:on 12 December 2012 1516:3 July 2013 at the 1243:on 22 December 2019 544:European Commission 458:joins (1 franc = 4 409:Mauritanian ouguiya 302:metropolitan France 277:fixed exchange rate 134:fixed exchange rate 71:[fʁɑ̃seɛfɑ] 2786:French West Africa 2628:Schaffhausen frank 2591:New Hebrides franc 1078:Numismatics portal 841: 658: 275:in order to set a 259:immediately after 111:ISO currency codes 54: 2753: 2752: 2698:Westphalian frank 2670:Unterwalden frank 2238: 2237: 2203: 2202: 2067: 2066: 1998: 1997: 1973:Political parties 1929:Foreign relations 1901: 1900: 987:Equatorial Guinea 941:Equatorial Guinea 577:Alassane Ouattara 456:Equatorial Guinea 190:Equatorial Guinea 154:COVID-19 pandemic 16:(Redirected from 2798: 2766:Economy of Benin 2684: 2665: 2664: 2618:St. Gallen frank 2613: 2586: 2585: 2574:Monégasque franc 2569:Martinique franc 2549: 2543: 2516:Guadeloupe franc 2511:Graubünden frank 2466:Dominican franco 2451: 2403: 2397: 2385: 2373: 2356: 2355: 2349:Djiboutian franc 2339: 2338: 2265: 2258: 2251: 2242: 2223: 2216: 2078: 2034: 2009: 1912: 1861: 1774: 1767: 1760: 1751: 1736: 1722: 1718: 1675: 1661: 1657: 1647: 1616: 1615: 1613: 1611: 1602:. Archived from 1592: 1586: 1585: 1574: 1568: 1567: 1556: 1550: 1545: 1539: 1526: 1520: 1507: 1501: 1500: 1498: 1496: 1483: 1466:(6): 1064–1088. 1451: 1445: 1438: 1432: 1431: 1429: 1427: 1413: 1402: 1401: 1399: 1397: 1391: 1384: 1372: 1361: 1360: 1358: 1356: 1345: 1339: 1338: 1336: 1334: 1323: 1317: 1316: 1314: 1312: 1306: 1298: 1292: 1291: 1289: 1287: 1276: 1270: 1269: 1262: 1253: 1252: 1250: 1248: 1233: 1227: 1224: 1215: 1205: 1196: 1195: 1193: 1191: 1164: 1111:Djiboutian franc 1080: 1075: 1074: 1073: 1066: 1061: 1060: 1059: 1052: 1047: 1046: 1045: 1027: 1015: 1003: 965: 963: 962: 952: 950: 949: 939: 937: 936: 926: 924: 923: 913: 911: 910: 900: 898: 897: 884: 870: 862: 856: 814: 812: 811: 801: 799: 798: 788: 786: 785: 775: 773: 772: 762: 760: 759: 749: 747: 746: 736: 734: 733: 723: 721: 720: 707: 693: 685: 679: 673: 637: 494:and ruled that: 229: 218:French Community 215: 209: 104: 87: 73: 48: 40: 21: 2806: 2805: 2801: 2800: 2799: 2797: 2796: 2795: 2771:Economy of Chad 2756: 2755: 2754: 2749: 2723: 2707: 2682: 2638:Solothurn frank 2521:Katangese franc 2461:Cambodian franc 2434:Appenzell frank 2424:Albanian Franga 2407: 2344:Congolese franc 2293:Burundian franc 2281: 2269: 2239: 2234: 2226: 2219: 2212: 2199: 2146: 2120:Public holidays 2063: 2032: 1994: 1956:Law enforcement 1897: 1850: 1787: 1778: 1716: 1711: 1707:Wayback Machine 1696: 1655: 1650: 1645: 1643:Wayback Machine 1625: 1620: 1619: 1609: 1607: 1594: 1593: 1589: 1576: 1575: 1571: 1558: 1557: 1553: 1546: 1542: 1537:Wayback Machine 1527: 1523: 1518:Wayback Machine 1508: 1504: 1494: 1492: 1453: 1452: 1448: 1439: 1435: 1425: 1423: 1415: 1414: 1405: 1395: 1393: 1389: 1382: 1374: 1373: 1364: 1354: 1352: 1347: 1346: 1342: 1332: 1330: 1325: 1324: 1320: 1310: 1308: 1304: 1300: 1299: 1295: 1285: 1283: 1278: 1277: 1273: 1264: 1263: 1256: 1246: 1244: 1235: 1234: 1230: 1225: 1218: 1206: 1199: 1189: 1187: 1166: 1165: 1144: 1139: 1096:Congolese franc 1076: 1071: 1069: 1062: 1057: 1055: 1048: 1043: 1041: 1038: 1031: 1028: 1019: 1016: 1007: 1004: 995: 960: 958: 947: 945: 934: 932: 921: 919: 908: 906: 895: 893: 833: 827: 809: 807: 796: 794: 783: 781: 770: 768: 757: 755: 744: 742: 731: 729: 718: 716: 650: 644: 619: 608: 585:Emmanuel Macron 556: 528:Comorian francs 480: 398:Malagasy ariary 359: 320:Exchange rate: 311: 285:French colonies 249: 244: 202: 162: 107:Central African 46: 45: 38: 37: 28: 23: 22: 15: 12: 11: 5: 2804: 2802: 2794: 2793: 2788: 2783: 2778: 2773: 2768: 2758: 2757: 2751: 2750: 2748: 2747: 2742: 2740:Franc Poincaré 2737: 2731: 2729: 2725: 2724: 2722: 2721: 2715: 2713: 2709: 2708: 2706: 2705: 2700: 2695: 2690: 2685: 2677: 2672: 2667: 2658:Tunisian franc 2655: 2653:Togolese franc 2650: 2645: 2640: 2635: 2630: 2625: 2620: 2615: 2603: 2598: 2593: 2588: 2579:Moroccan franc 2576: 2571: 2566: 2561: 2559:Malagasy franc 2556: 2551: 2533: 2528: 2523: 2518: 2513: 2508: 2503: 2498: 2496:Fribourg Frank 2493: 2488: 2483: 2478: 2473: 2468: 2463: 2458: 2453: 2441: 2436: 2431: 2429:Algerian franc 2426: 2421: 2415: 2413: 2409: 2408: 2406: 2405: 2387: 2375: 2363: 2358: 2346: 2341: 2332:Comorian franc 2329: 2328: 2327: 2322: 2312: 2311: 2310: 2305: 2295: 2289: 2287: 2283: 2282: 2270: 2268: 2267: 2260: 2253: 2245: 2236: 2235: 2233: 2232: 2225: 2224: 2217: 2209: 2208: 2205: 2204: 2201: 2200: 2198: 2197: 2192: 2187: 2182: 2177: 2172: 2167: 2162: 2156: 2154: 2148: 2147: 2145: 2144: 2143: 2142: 2137: 2132: 2122: 2117: 2112: 2107: 2102: 2097: 2092: 2087: 2081: 2075: 2069: 2068: 2065: 2064: 2062: 2061: 2056: 2051: 2046: 2041: 2036: 2028: 2023: 2021:Communications 2018: 2012: 2006: 2000: 1999: 1996: 1995: 1993: 1992: 1990:Prime Minister 1987: 1986: 1985: 1975: 1970: 1969: 1968: 1958: 1953: 1952: 1951: 1946: 1936: 1931: 1926: 1921: 1915: 1909: 1903: 1902: 1899: 1898: 1896: 1895: 1893:Extreme points 1890: 1885: 1880: 1875: 1870: 1864: 1858: 1852: 1851: 1849: 1848: 1843: 1838: 1833: 1828: 1823: 1818: 1813: 1808: 1806:French Dahomey 1803: 1797: 1795: 1789: 1788: 1779: 1777: 1776: 1769: 1762: 1754: 1748: 1747: 1742: 1737: 1709: 1695: 1692: 1691: 1690: 1684: 1679: 1678: 1677: 1633: 1624: 1623:External links 1621: 1618: 1617: 1596:"Présentation" 1587: 1569: 1551: 1540: 1521: 1502: 1446: 1433: 1403: 1362: 1340: 1318: 1293: 1271: 1268:. 21 May 2020. 1254: 1228: 1216: 1197: 1141: 1140: 1138: 1135: 1134: 1133: 1131:Eco (currency) 1128: 1123: 1118: 1113: 1108: 1103: 1098: 1093: 1091:Comorian franc 1088: 1082: 1081: 1067: 1053: 1037: 1034: 1033: 1032: 1029: 1022: 1020: 1017: 1010: 1008: 1005: 998: 994: 991: 970: 969: 956: 943: 930: 917: 904: 847:) is known in 829:Main article: 826: 825:Central Africa 823: 819: 818: 805: 792: 779: 766: 753: 740: 727: 664:) is known in 646:Main article: 643: 640: 618: 615: 607: 604: 583:and President 565:European Union 555: 552: 551: 550: 547: 540: 533: 530: 516: 510: 506:policy of the 479: 476: 475: 474: 463: 452: 441: 430: 419: 412: 401: 394:its own francs 386: 375: 372:Guinean francs 358: 355: 351:relative value 347: 346: 339: 336: 333: 329: 310: 307: 248: 245: 243: 240: 201: 198: 170:Central Africa 161: 158: 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 2803: 2792: 2789: 2787: 2784: 2782: 2779: 2777: 2774: 2772: 2769: 2767: 2764: 2763: 2761: 2746: 2743: 2741: 2738: 2736: 2733: 2732: 2730: 2726: 2720: 2717: 2716: 2714: 2710: 2704: 2701: 2699: 2696: 2694: 2691: 2689: 2686: 2681: 2678: 2676: 2673: 2671: 2668: 2659: 2656: 2654: 2651: 2649: 2648:Ticino franco 2646: 2644: 2643:Thurgau frank 2641: 2639: 2636: 2634: 2631: 2629: 2626: 2624: 2621: 2619: 2616: 2612: 2607: 2604: 2602: 2599: 2597: 2596:Réunion franc 2594: 2592: 2589: 2580: 2577: 2575: 2572: 2570: 2567: 2565: 2562: 2560: 2557: 2555: 2552: 2548: 2542: 2537: 2534: 2532: 2531:Luccan franco 2529: 2527: 2524: 2522: 2519: 2517: 2514: 2512: 2509: 2507: 2504: 2502: 2499: 2497: 2494: 2492: 2489: 2487: 2484: 2482: 2479: 2477: 2474: 2472: 2469: 2467: 2464: 2462: 2459: 2457: 2454: 2450: 2445: 2444:Belgian franc 2442: 2440: 2437: 2435: 2432: 2430: 2427: 2425: 2422: 2420: 2417: 2416: 2414: 2410: 2402: 2396: 2391: 2388: 2384: 2379: 2378:Rwandan franc 2376: 2372: 2367: 2364: 2362: 2361:Guinean franc 2359: 2350: 2347: 2345: 2342: 2333: 2330: 2326: 2323: 2321: 2318: 2317: 2316: 2313: 2309: 2306: 2304: 2301: 2300: 2299: 2296: 2294: 2291: 2290: 2288: 2284: 2279: 2278: 2273: 2266: 2261: 2259: 2254: 2252: 2247: 2246: 2243: 2231: 2228: 2227: 2222: 2218: 2215: 2211: 2210: 2206: 2196: 2193: 2191: 2188: 2186: 2183: 2181: 2178: 2176: 2173: 2171: 2170:Ethnic groups 2168: 2166: 2163: 2161: 2158: 2157: 2155: 2153: 2149: 2141: 2138: 2136: 2133: 2131: 2128: 2127: 2126: 2123: 2121: 2118: 2116: 2113: 2111: 2108: 2106: 2103: 2101: 2098: 2096: 2095:Fetish priest 2093: 2091: 2088: 2086: 2083: 2082: 2079: 2076: 2074: 2070: 2060: 2057: 2055: 2052: 2050: 2047: 2045: 2042: 2040: 2037: 2035: 2029: 2027: 2024: 2022: 2019: 2017: 2014: 2013: 2010: 2007: 2005: 2001: 1991: 1988: 1984: 1981: 1980: 1979: 1976: 1974: 1971: 1967: 1964: 1963: 1962: 1959: 1957: 1954: 1950: 1947: 1945: 1942: 1941: 1940: 1937: 1935: 1932: 1930: 1927: 1925: 1922: 1920: 1917: 1916: 1913: 1910: 1908: 1904: 1894: 1891: 1889: 1886: 1884: 1881: 1879: 1876: 1874: 1871: 1869: 1866: 1865: 1862: 1859: 1857: 1853: 1847: 1844: 1842: 1839: 1837: 1834: 1832: 1829: 1827: 1824: 1822: 1819: 1817: 1814: 1812: 1809: 1807: 1804: 1802: 1799: 1798: 1796: 1794: 1790: 1786: 1782: 1775: 1770: 1768: 1763: 1761: 1756: 1755: 1752: 1746: 1743: 1741: 1738: 1734: 1730: 1726: 1714: 1710: 1708: 1704: 1701: 1698: 1697: 1693: 1688: 1685: 1683: 1680: 1673: 1669: 1665: 1653: 1649: 1648: 1644: 1640: 1637: 1634: 1632: 1631: 1627: 1626: 1622: 1605: 1601: 1598:(in French). 1597: 1591: 1588: 1583: 1579: 1573: 1570: 1565: 1561: 1555: 1552: 1549: 1544: 1541: 1538: 1534: 1531: 1525: 1522: 1519: 1515: 1512: 1506: 1503: 1491: 1487: 1482: 1477: 1473: 1469: 1465: 1461: 1457: 1450: 1447: 1443: 1437: 1434: 1422: 1418: 1412: 1410: 1408: 1404: 1388: 1381: 1377: 1371: 1369: 1367: 1363: 1350: 1344: 1341: 1328: 1322: 1319: 1303: 1297: 1294: 1281: 1275: 1272: 1267: 1261: 1259: 1255: 1242: 1238: 1232: 1229: 1223: 1221: 1217: 1214: 1210: 1204: 1202: 1198: 1186: 1182: 1178: 1174: 1170: 1163: 1161: 1159: 1157: 1155: 1153: 1151: 1149: 1147: 1143: 1136: 1132: 1129: 1127: 1124: 1122: 1119: 1117: 1116:Réunion franc 1114: 1112: 1109: 1107: 1104: 1102: 1099: 1097: 1094: 1092: 1089: 1087: 1084: 1083: 1079: 1068: 1065: 1054: 1051: 1050:Africa portal 1040: 1035: 1026: 1021: 1014: 1009: 1002: 997: 992: 990: 988: 984: 982: 978: 973: 968: 957: 955: 944: 942: 931: 929: 918: 916: 905: 903: 892: 891: 890: 888: 883: 878: 874: 869: 868: 861: 855: 850: 846: 837: 832: 824: 822: 817: 806: 804: 793: 791: 780: 778: 767: 765: 754: 752: 751:Guinea-Bissau 741: 739: 728: 726: 715: 714: 713: 711: 706: 701: 697: 692: 691: 684: 678: 672: 667: 663: 654: 649: 641: 639: 636: 635: 634:Trésor public 628: 624: 616: 614: 613: 605: 603: 601: 597: 592: 590: 586: 582: 578: 572: 570: 566: 562: 553: 548: 545: 541: 538: 534: 531: 529: 525: 521: 517: 515: 511: 509: 505: 504:exchange rate 501: 497: 496: 495: 493: 489: 485: 477: 472: 468: 467:Guinea-Bissau 464: 461: 457: 453: 450: 449:Malian francs 446: 442: 439: 435: 431: 428: 424: 420: 417: 413: 410: 406: 402: 399: 395: 391: 387: 384: 383:Malian francs 380: 376: 373: 369: 365: 364: 363: 356: 354: 352: 344: 340: 337: 334: 330: 327: 323: 322: 321: 318: 316: 309:Exchange rate 308: 305: 303: 297: 295: 291: 286: 282: 278: 274: 270: 266: 262: 258: 254: 246: 241: 239: 237: 233: 228: 223: 219: 214: 208: 199: 197: 195: 191: 188:colony), and 187: 183: 182:Guinea-Bissau 179: 175: 171: 167: 159: 157: 155: 151: 146: 144: 139: 136:(peg) to the 135: 130: 128: 124: 120: 116: 112: 108: 103: 98: 94: 91: 86: 81: 77: 72: 67: 63: 59: 51: 43: 34: 30: 19: 2703:Zürich frank 2683:(unofficial) 2633:Schwyz frank 2564:Malian franc 2554:Luzern frank 2526:Korçë frange 2506:Glarus frank 2501:Geneva franc 2471:French franc 2419:Aargau frank 2297: 2275: 2190:Prostitution 2152:Demographics 2049:Trade unions 2030: 1939:Human rights 1919:Constitution 1836:Kérékou coup 1646:(in English) 1628: 1608:. Retrieved 1604:the original 1590: 1581: 1572: 1563: 1554: 1543: 1524: 1505: 1493:. Retrieved 1463: 1459: 1449: 1436: 1424:. Retrieved 1394:. Retrieved 1353:. Retrieved 1343: 1331:. Retrieved 1321: 1309:. Retrieved 1296: 1284:. Retrieved 1274: 1245:. Retrieved 1241:the original 1231: 1188:. Retrieved 1179:(1): 25–61. 1176: 1172: 1064:Money portal 985: 974: 971: 844: 842: 820: 738:Burkina Faso 661: 659: 642:West African 620: 617:Institutions 609: 594:The broader 593: 573: 569:French franc 557: 524:central bank 481: 438:French franc 427:French franc 360: 348: 319: 315:French franc 312: 299: 269:French franc 261:World War II 257:French franc 250: 236:Institutions 231: 203: 163: 147: 131: 122: 114: 90:West African 57: 55: 29: 2693:Vlorë frank 2456:Berne frank 2439:Basel frank 2390:Swiss franc 2286:Circulating 2135:Paralympics 2016:Agriculture 1949:LGBT rights 1888:Departments 1717:(in French) 1656:(in French) 1481:10023/20714 1247:22 December 1126:Swiss franc 764:Ivory Coast 581:Ivory Coast 436:leaves for 425:leaves for 290:René Pleven 172:(excluding 2760:Categories 2745:Ural franc 2735:Gold franc 2688:Vaud franc 2606:Saar franc 2280:or similar 2272:Currencies 2105:Literature 2033:(currency) 2031:CFA franc 1934:Government 1826:Soglo coup 1396:5 February 1190:5 December 1137:References 1121:Reichsmark 981:euro coins 405:Mauritania 390:Madagascar 362:colonies. 192:(a former 186:Portuguese 184:(a former 178:Mauritania 95:, and the 76:currencies 36:Usage of: 2719:UIC franc 2675:Uri frank 2315:CFP franc 2298:CFA franc 2180:Languages 2165:Education 2054:Transport 1978:President 1966:Air Force 1924:Elections 1856:Geography 1721:Translate 1660:Translate 1564:AllAfrica 1490:159201283 1426:14 August 1106:CFP franc 885:, i.e., " 854:Franc CFA 708:, i.e., " 671:Franc CFA 281:US dollar 279:with the 253:CFP franc 93:countries 66:franc CFA 58:CFA franc 2728:See also 2230:Category 2195:Religion 2140:Football 2130:Olympics 1961:Military 1944:Abortion 1907:Politics 1883:Communes 1785:articles 1703:Archived 1639:Archived 1533:Archived 1514:Archived 1387:Archived 1086:AM-Franc 1036:See also 902:Cameroon 877:Cameroon 627:ISO 4217 623:ISO 4217 508:Eurozone 500:monetary 460:bipkwele 273:devalued 247:Creation 238:below). 125:for the 117:for the 2712:Private 2611:Franken 2412:Defunct 2395:Franken 2371:Franken 2214:Outline 2090:Cuisine 2073:Culture 2044:Tourism 2039:Fishing 2004:Economy 1878:Climate 1868:Borders 1793:History 1731:, 1727:, 1719: ( 1670:, 1666:, 1658: ( 1610:20 July 1582:REUTERS 993:Gallery 977:obverse 873:Yaoundé 851:as the 803:Senegal 700:Senegal 668:as the 579:of the 492:Comoros 434:Mayotte 423:Réunion 326:premium 242:History 194:Spanish 2401:franco 2274:named 2185:People 2175:Health 2085:Cinema 2026:Energy 1873:Cities 1783:  1733:Yandex 1725:Google 1715: 1672:Yandex 1664:Google 1654: 1495:24 May 1488:  964:  951:  938:  925:  912:  899:  849:French 813:  800:  787:  774:  761:  748:  735:  722:  666:French 486:, the 465:1997: 454:1985: 443:1984: 432:1976: 421:1975: 414:1974: 403:1973: 388:1973: 377:1962: 368:Guinea 366:1960: 292:, the 174:Guinea 62:French 47:  44:(XOF) 39:  2547:Frank 2541:Frang 2449:frank 2383:frank 2308:BCEAO 2277:franc 2221:Index 2160:Crime 2125:Sport 2115:Music 2110:Media 1781:Benin 1694:Other 1486:S2CID 1390:(PDF) 1383:(PDF) 1355:6 May 1333:6 May 1311:6 May 1305:(PDF) 1286:6 May 954:Gabon 790:Niger 725:Benin 696:Dakar 471:pesos 234:(see 160:Usage 52:(XAF) 2663:فرنك 2584:فرنك 2354:فرنك 2337:فرنك 2303:BEAC 2100:Flag 1983:list 1801:Ketu 1729:Bing 1668:Bing 1612:2012 1497:2021 1428:2024 1398:2024 1357:2024 1335:2024 1313:2024 1288:2024 1249:2019 1192:2020 928:Chad 889:"): 816:Togo 777:Mali 712:"): 537:euro 502:and 445:Mali 379:Mali 343:euro 271:was 200:Name 176:and 168:and 166:West 138:euro 121:and 113:are 56:The 1476:hdl 1468:doi 1417:IMF 1181:doi 845:XAF 662:XOF 600:Eco 589:Eco 150:Eco 123:XOF 115:XAF 2762:: 2544:, 2398:, 1580:. 1562:. 1484:. 1474:. 1464:40 1462:. 1458:. 1419:. 1406:^ 1385:. 1378:. 1365:^ 1257:^ 1219:^ 1200:^ 1175:. 1171:. 1145:^ 983:. 875:, 698:, 602:. 451:). 216:(" 129:. 68:, 64:: 2666:) 2660:( 2614:) 2608:( 2587:) 2581:( 2550:) 2538:( 2452:) 2446:( 2404:) 2392:( 2386:) 2380:( 2374:) 2368:( 2357:) 2351:( 2340:) 2334:( 2264:e 2257:t 2250:v 1773:e 1766:t 1759:v 1735:) 1674:) 1614:. 1584:. 1566:. 1499:. 1478:: 1470:: 1430:. 1400:. 1359:. 1337:. 1315:. 1290:. 1251:. 1194:. 1183:: 1177:1 630:( 473:) 462:) 385:. 374:. 60:( 20:)

Index

Communaute Financiere Africaine

West African CFA franc
Central African CFA franc
French
[fʁɑ̃seɛfɑ]
currencies
West African CFA franc
West African
countries
Central African CFA franc
Central African
ISO currency codes
Central African CFA franc
West African CFA franc
fixed exchange rate
euro
European Central Bank
Eco
COVID-19 pandemic
West
Central Africa
Guinea
Mauritania
Guinea-Bissau
Portuguese
Equatorial Guinea
Spanish
French Community
French Fifth Republic

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