CFA franc

African coins

The West African CFA franc is the currency of eight countries in West Africa: Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Sénégal and Togo. CFA means Communauté Financière d'Afrique ("Financial Community of Africa") or Communauté Financière Africaine ("African Financial Community").^[1]

Use of CFA franc. Green: West African CFA franc. Red: Central African CFA franc.

The Central African CFA franc has the same value as the West African CFA franc.^[2]

The pegging of the CFA franc to the euro is considered by some as a guarantee of stability, while others equate it with voluntary servitude.^[3]

CFA Franc Media

Central African CFA franc coins
Avers und Revers einer Münze zu 1 Franc CFA von 1948
500 West African CFA francs
1000 West African CFA francs

References

↑ BCEAO - Présentation. Retrieved 2016-04-07.
↑ Latest. Retrieved 2016-04-07.
↑ Le franc CFA, une monnaie désuète?. dw.com (2 May 2025). Retrieved 2 May 2025.

This short article about Europe can be made longer. You can help Wikipedia by adding to it.

[1] BCEAO - Présentation. Retrieved 2016-04-07.

[2] Latest. Retrieved 2016-04-07.

[3] Le franc CFA, une monnaie désuète?. dw.com (2 May 2025). Retrieved 2 May 2025.

[1]

[2]

[3]