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Currency of several West African countries
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
West_African_CFA_franc
Two common currencies of 14 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
CFA_franc
Currency of several Central African countries
The Central African CFA franc (French: franc CFA or simply franc; ISO code: XAF; abbreviation: F.CFA) is the currency used in six independent states in
Central_African_CFA_franc
Name of several currency units
February 2012. Fourteen African countries use the franc CFA (in west Africa, Communauté financière africaine; in equatorial Africa, Coopération financière
Franc
Supranational central bank in Africa
west African countries which share the common West African CFA franc currency and comprise the West African Economic and Monetary Union. The BCEAO is active
Central Bank of West African States
Central_Bank_of_West_African_States
agreement between the French government and 8 West African countries was reached, meaning to change the CFA franc to the Eco; though no plan had been established
List_of_currencies_in_Africa
Proposed currency of ECOWAS
be merged with the euro-pegged CFA franc which is used by the French-speaking West African region within the West African Economic and Monetary Union (UEMOA)
Eco_(currency)
Monetary union in Africa
countries that share the West African CFA franc (ISO 4217: XOF) as a common currency. From 1962 to 1994, it was known as the West African Monetary Union (WAMU
West African Economic and Monetary Union
West_African_Economic_and_Monetary_Union
Currency of the European Union
(Central African CFA franc, XAF) Guinea-Bissau (West African CFA franc, XOF) Ivory Coast (West African CFA franc, XOF) Mali (West African CFA franc, XOF)
Euro
Formation of international cooperation among African States
former territories of French West Africa. The currency they all use is the CFA franc, which is pegged to the euro. The West African Monetary Zone (WAMZ), established
ECOWAS
Historical currency of Mali (1962 - 1984)
issued. Until 1962, Mali used the West African CFA franc. The Malian franc was introduced that year at par with the CFA franc, but devalued relative to it
Malian_franc
Regions south of the Sahara
Central Africa, East Africa, Southern Africa, and West Africa. Geopolitically, in addition to the African countries and territories that are situated fully
Sub-Saharan_Africa
Monetary union in Africa
common currency, the Central African CFA franc. There is a strong overlap between CEMAC and Economic Community of Central African States (ECMAS) in the areas
CEMAC
1994 Senegalese film
the West African CFA franc in 1994, and the resulting hardships as the basis for a whimsical commentary on using the lottery for survival. Le Franc was
Le_Franc
France's sphere of influence in Africa
the same exchange rate, the CFA franc is actually two currencies, the Central African CFA franc and the West African CFA franc, which are run by their respective
Françafrique
World currencies
Protocol allows the Palestinian Authority to adopt multiple currencies. In the West Bank, the Israeli new sheqel and Jordanian dinar are widely accepted, while
List of circulating currencies
List_of_circulating_currencies
Hungary Franc Algerian franc – Algeria Belgian franc – Belgium Burundian franc – Burundi Cambodian franc – Cambodia Central African CFA franc – Cameroon
List_of_currencies
Agreement involving states sharing a single currency
Indochinese piastre between South Africa, South West Africa, and Bechuanaland (later independent Botswana) using the South African rand between Egypt, Anglo-Egyptian
Currency_union
(BCEAO) and the Central African Banque des États de l'Afrique Centrale (BEAC). Members of both currency unions use the CFA Franc as their legal tender.
List of central banks of Africa
List_of_central_banks_of_Africa
board system; the Central African CFA franc, the West African CFA franc, the CFP franc, the Cape Verdean escudo, the Comorian franc, and the São Tomé and
International status and usage of the euro
International_status_and_usage_of_the_euro
Confederation of Mali, Niger, and Burkina Faso
Fatoumata (29 January 2025). "CFA franc, passports, joint force: What are the Sahel States' plans after split with ECOWAS?". The Africa Report. Retrieved 10 January
Alliance_of_Sahel_States
Proposed economic and monetary union
existing regional currency unions in Africa, using the West African CFA franc, and the Central African CFA franc, respectively. Additionally, the Common
African_Monetary_Union
Supranational central bank in Africa
parties. Central African Financial Market Supervisory Commission Central Bank of West African States (BCEAO) CFA Franc Central African CFA franc Central banks
Bank of Central African States
Bank_of_Central_African_States
Westernmost region of the African continent
is limited to the eight, mostly Francophone countries that employ the CFA franc as their common currency. The Liptako–Gourma Authority of Mali, Niger
West_Africa
coins from 1944. It was replaced by the CFA franc in 1945. In 1944, aluminium-bronze 50 centimes and 1 franc coins were issued. These were the only coins
French_West_African_franc
Country in West Africa
of the West African Monetary and Economic Union (UMEOA) and has adopted the CFA franc. This is issued by the Central Bank of the West African States (BCEAO)
Burkina_Faso
Country in West Africa
a member of the West African Economic and Monetary Union, Mali uses the CFA franc that is issued by the Central Bank of West African States. As a result
Mali
Country in West Africa
to generations of West African society. The African Renaissance Monument, built in 2010 in Dakar, is the tallest statue in Africa. Dakar also hosts a
Senegal
50% devaluation of Senegal's currency, the CFA franc, which was linked at a fixed rate to the French franc. Government price controls and subsidies have
Economy_of_Senegal
Country in West Africa
Community of West African States (ECOWAS) in 1975. A founding member of the Organization of African Unity (OAU) in 1963 and then of the African Union in 2000
Ivory_Coast
The franc was the currency of Togo. Between 1924 and 1956, coins specifically for use in Togo were issued. Since 1945, Togo uses the West African CFA franc
Togolese_franc
Monetary Union in southern Africa
non-residents. African Monetary Union Eco, another attempt at an African common currency, within the ECOWAS community. The West African CFA franc and Central
Common_Monetary_Area
Symbol used to represent a monetary currency's name
— FBu franc Burundian franc — F franc F: CFP franc F: Central African CFA franc FC: Comorian franc FC: Congolese franc Fdj DF : Djiboutian franc FG GFr
Currency_symbol
Proposed currency of the Gulf Cooperation Council
community. The West African CFA franc and Central African CFA franc (CFA), both of which are existing currency unions in Africa. The Asian Monetary Unit
Khaleeji_(currency)
Former currency of Guinea-Bissau
stop high inflation, Guinea-Bissau adopted the CFA franc, using a conversion rate of 65 pesos to the franc. The peso replaced the escudo in 1975. It was
Guinea-Bissau_peso
Country in West Africa
including African traditional religions (11%). Benin is a member of the United Nations, the African Union, the Economic Community of West African States
Benin
re-export trade, and export of uranium. The 50% devaluation of the West African CFA franc in January 1994 boosted exports of livestock, cowpeas, onions, and
Economy_of_Niger
re-export trade, and export of uranium. The 50% devaluation of the West African CFA franc in January 1994 boosted exports of livestock, cowpeas, onions, and
Agriculture_in_Niger
Barcelona – Taula de canvi de Barcelona (1401–1714) British East Africa – East African Currency Board (1919–1966) Independent State of Croatia – Croatian
List_of_central_banks
1917 and coins from 1942. It was replaced by the CFA franc in 1945. In 1942, brass 50 centime and 1 franc coins were introduced, followed by bronze coins
French Equatorial African franc
French_Equatorial_African_franc
Economic bloc in Central Africa
countries that share a common currency, the West African CFA franc. The ultimate goal is to establish a Central African Common Market. At the Malabo Heads of
Economic Community of Central African States
Economic_Community_of_Central_African_States
Landlocked country in West Africa
trans-African automobile routes pass through Niger: the Algiers-Lagos Highway the Dakar-Ndjamena Highway Niger shares a common currency, the CFA franc, and
Niger
Name of several monetary units
the introduction in 1868 of the Spanish peseta, at par with the French franc, and at the rate of $1 = 20 reales = 5 pesetas = 22.5 g of fine silver.
Peso
Country in West Africa
international organisations. It is particularly active in West African regional affairs and in the African Union. In 2017, Togo signed the UN treaty on the Prohibition
Togo
Country in West Africa
downturn and political instability, in 1997, Guinea-Bissau entered the CFA franc monetary system, bringing about some internal monetary stability. The
Guinea-Bissau
Hong Kong based multi-level marketing company
fraud totaling 390,000 West African CFA franc of membership fees. Hundreds of complaints were received. Each IR paid 450,000 CFA as member fees. Project
Qnet
Strong interest in or love of French people, culture, and history
have become both friendships with the currency of West African CFA franc and Central African CFA franc remained. In Canada, the term has two distinct meanings
Francophile
Capital and the largest city of Senegal
banks (including the Central Bank of West African States (BCEAO) which manages the unified West African CFA franc currency), and to numerous international
Dakar
1975–1990 socialist state in West Africa
inspiration to root out witchcraft, forces of evil, and retrograde beliefs (West African Vodún, a traditional religion well established in the South, was prohibited
People's_Republic_of_Benin
1959–60 covert French sabotage in Guinea
president Ahmed Sékou Touré's rejection of the French Community and the CFA franc, and his successful campaign for Guinean independence. The operation involved
Operation_Persil
Ivorian economy began a comeback in 1994, due to the devaluation of the CFA franc and improved prices for cocoa and coffee, growth in non-traditional primary
Economy_of_Ivory_Coast
Economic Union (UMEOA) and has thus adopted the CFA Franc, which is issued by the Central Bank of the West African States (BCEAO), situated in Dakar, Senegal
List of companies of Burkina Faso
List_of_companies_of_Burkina_Faso
Place in Maradi Region, Niger
north from Kano, Nigeria. This explains why one can use either the West African CFA franc (Niger's official currency) or the Nigerian Naira for currency in
Maradi,_Niger
French-born Beninese political activist (born 1981)
influence of France in African countries, seen as a neocolonial phenomenon. He initiated the demonstrations against the CFA franc which took place in January
Kémi_Séba
Currency of Egypt
[ˈneklæ] for 2 milliemes, ta'rifa (تعريفة) [tæʕˈriːfæ] for 5 milliemes, "nos franc" (نص فرانك) for 2 piastres, shelen (شلن) [ˈʃelen] (i.e. a shilling) for
Egyptian_pound
Trade bloc with a common tariff and currency
OCLC 237794267. African monetary union inches closer United States of Southern Africa? East Africa's first steps towards union West Africa opts for currency
Economic_and_monetary_union
Head of state of Benin
original on 2021-01-15. Retrieved 2021-04-13. "The highest and lowest paid African presidents - Business Daily". Archived from the original on 2017-10-08
President_of_Benin
Former monetary authority
the currency board, in contrast with most of French-speaking Africa which kept the CFA franc in a supranational Paris-centric monetary union. Ghana's first
West_African_Currency_Board
Process of changing the face value of a currency unit
Guinea monetary union Central African CFA franc CFA franc 1∶2 Franc malien 1984 Mali monetary union West African CFA franc Ghanaian cedi 1∶1.2 Old cedi
Redenomination
Union of Senegal and The Gambia (1982–89)
finally consider adopting the West African CFA franc, used by Senegal. The latter offered that its membership in the West African Monetary Union could be transferred
Senegambia_Confederation
Commune in Tahoua Region, Niger
north from Kano, Nigeria. This explains why one can use either the West African CFA franc (Niger's official currency) or the Nigerian Naira for currency in
Madaoua
List of events
agreement April 1: Togolese government announces plans to abandon the West African CFA franc, although this never comes to fruition April 15: Politician and
2009_in_Togo
Prime Minister of Senegal since 2026
the BCEAO in February 2024. Lo has been known for his defense of the CFA franc against calls for replacement, "consistently champion[ing] the stability
Ahmadou_Al_Aminou_Lo
Core region of the African continent
Central Africa (CEMAC) and share a common currency, the Central African CFA franc. The African Development Bank, on the other hand, defines Central Africa as
Central_Africa
Dominance of states through indirect means
PMID 33621503. "African protests over the CFA 'colonial currency'". BBC News. August 30, 2017. Wallerstein, Immanuel Maurice (2005). Africa: The Politics
Neocolonialism
Market in Cotonou, Benin
billion CFA Francs a day. [citation needed] The market is featured in Netflix's "High on the Hog", Stephen Satterfield's documentary about African-American
Dantokpa_Market
Head of state and government of Senegal
having been the official residence of the Governor-General of French West Africa. The construction of the palace in its first state was ordered in 1902
President_of_Senegal
Administrative branch of militant group
declaring that from then on, people should pay their taxes to the group in CFA franc. ISWAP's strength has fluctuated over the years, and estimates accordingly
Islamic State – West Africa Province
Islamic_State_–_West_Africa_Province
Former central bank of Guinea-Bissau
branch of Central Bank of West African States (BCEAO), and national currency Guinea Bissau peso was replaced by West African CFA franc. Governors of the National
National Bank of Guinea-Bissau
National_Bank_of_Guinea-Bissau
Currency of Malawi
other types of currency, namely the British pound sterling, the South African rand, and the Rhodesian dollar, that had previously circulated through
Malawian_kwacha
Overview of aid
intervention in Africa. This support included direct budgetary aid, technical assistance, and infrastructural investments. The CFA franc, two currencies
Foreign aid to Francophone West Africa
Foreign_aid_to_Francophone_West_Africa
Equatorial Africa were issued with the name "Cameroun" added to the legend. Since then, the CFA franc of the Equatorial, then Central African States has
French_Camerounian_franc
management of the CFA franc zone, and the Bank of France, which produces CFA franc coins, these central banks want to equip the CFA franc coins with a new
Poverty_in_Africa
automobiles and computers has grown considerably as a result. Membership of the CFA Franc Zone offers reasonable currency stability as well as access to French
Economy_of_Benin
Ivorian chemist (1944–2024)
first woman chemist in the Ivory Coast, and her image is found on the 25 CFA franc coin holding a burette. Born in Abidjan in 1944, Mariam earned her Certificat
Dicoh_Mariam
Financial institution of the African Union
Euro African Monetary Union Central African CFA franc The Common Monetary Area Eco (currency) Monetary union "AU Financial Institutions | African Union"
African_Central_Bank
management of the CFA franc zone, and the Bank of France, which produces CFA franc coins, these central banks want to equip the CFA franc coins with a new
Economy_of_Africa
Head of government of Senegal
Senegalese Democratic Party (PDS) Alliance for the Republic (APR) African Patriots of Senegal for Work, Ethics and Fraternity (PASTEF) Other factions
Prime_Minister_of_Senegal
Ivory Coast is a member state within the French Community
other African countries, the policies of Félix Houphouët-Boigny were pro-Western. Houphouët-Boigny maintained a closed political allegiance to the West while
History of Ivory Coast (1960–1999)
History_of_Ivory_Coast_(1960–1999)
President of the National Assembly of Senegal since 2026
faction did not agree to the deal. In May 2025, Sonko stated that the CFA Franc, whatever its new definition, poses both a symbolic and economic problem
Ousmane_Sonko
currency in the South Atlantic and the Antarctic British currency in West Africa East African shilling Old Israeli shekel Palestine pound South Yemeni dinar
British currency in the Middle East
British_currency_in_the_Middle_East
List of people on old banknotes
1852) Currency: Central African CFA franc (FCFA; since 1945) Currency: Dollar (Can$, 1867–Present) Currency: Central African CFA franc (FCFA; since 1945) Currency:
List of people on banknotes that are no longer in circulation
List_of_people_on_banknotes_that_are_no_longer_in_circulation
Currency of the Republic of Cabo Verde
obtained from xe.com and may contradict with pegged rate mentioned above Africa portal Money portal Numismatics portal Currencies related to the euro Economy
Cape_Verdean_escudo
Ivorian bank
more than 20 branches and where it reports total assets of 1.4 trillion CFA francs. In 1978, a group of Ivorian investors acquired the Ivorian operations
AFG_Bank
Senegalese politician
after being involved in a bad-cheque case involving 40 million West African CFA francs (some $80,000). Decision of the Constitutional Council on presidential
Louis_Jacques_Senghor
and Monetary Union (UEMOA), which groups seven West African countries using the CFA franc. The West African Development Bank (BOAD), which is associated
Economy_of_Togo
West African stock exchange in Abidjan, Côte d'Ivoire
maintained in each country. BRVM is a private corporation with 2,904,300,000 CFA francs in capital. The BRVM Composite Index climbed 18 percent in 2015. The mission
BRVM
and enslaving of people from the West African coastal regions for transportation to North and South America (see African slave trade).Local rulers obtained
History_of_Ivory_Coast
Burkinabé politician (born 1942)
the army. In 1992 he successfully secured a loan of 250 million West African CFA francs from a French bank and founded a clinic, the Notre-Dame de la Paix
Jean-Baptiste_Ouédraogo
President of the ECOWAS Commission from 2018 to 2022
(Central Bank of West African States).[1] In August 2025, Jean-Claude Brou indicated that he had not received a request to leave the CFA Franc from the states
Jean-Claude_Brou
Province of the Islamic State
that from then on, people should pay their taxes to the group in the CFA franc. ISWAP and Islamic State – Sahel Province (ISSP) maintain logistical connections
Territory of the Islamic State – West Africa Province
Territory_of_the_Islamic_State_–_West_Africa_Province
States, and the national currency Guinea Bissau peso was replaced by West African CFA franc. Following the April 2012 coup d'État growth plunged to reach -1
Economy_of_Guinea-Bissau
Ivorian Paralympic athlete
medallist Ruth Gbagbi. Diasso was subsequently awarded 40 million West African CFA franc and a villa for winning the silver medal. "Rio 2016: DIASSO Fatimata
Fatimata_Diasso
was the equivalent of about £328,000 (approximately 250 million West African CFA francs). On 12 August 2025, the Autonomous National Electoral Commission [fr]
2026 Beninese presidential election
2026_Beninese_presidential_election
Catholic charity organisation in Burkina Faso
increased over the years, from 5 billion West African CFA francs in 2009, to 7 billion francs in 2015 and 9.5 billion francs in 2018. "Caritas Burkina : Un bilan
Caritas_Burkina_Faso
vote buying efforts due to the currency crisis like bribing using West African CFA francs or non-monetary inducements. However, there were notable reports
2023 Nigerian presidential election
2023_Nigerian_presidential_election
Hotel in Lomé, Togo
in the city. The hotel was constructed at a cost of 35 billion West African CFA francs and opened in June 1980 by Togolese President Gnassingbé Eyadéma
Hotel_2_Fevrier_Lomé
Bank in Senegal
December 2007, the CBAO had a capitalisation of 11 billion, 450 million CFA Francs. Attijariwafa bank owned 79.15%, 9% was retained by the government of
CBAO_Groupe_Attijariwafa_Bank
(Banque centrale des états de l'Afrique de l'Ouest) West African CFA (Communauté financière d'Afrique) franc (ISO 4217 currency code) XP – (p) eXperience Point
List_of_acronyms:_X
The French African CFA franc was in use until 1973, when a new currency, the ouguiya (UM) was introduced at a rate of 1 UM = 5 fr. CFA, resulting in
Postage stamps and postal history of Mauritania
Postage_stamps_and_postal_history_of_Mauritania
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