West African CFA Franc - XOF
- West African CFA Franc - XOF
The currency of eight independent states in West Africa. The West African CFA franc uses both coins and banknotes, with the franc being subdivided into centimes. The currency is regulated by Central Bank of West African States. The members that use it consist of the West African Economic and Monetary Union (UEMOA) and include Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Sénégal and Togo.
CFA stands for "Communatué financière d'Afrique" (African Financial Community).
Along with the Central African CFA franc, the West African CFA franc makes up the currency of most of central and west Africa. The currency was introduced following the second world war and replaced the French West African franc. Several countries belonging to the UEMOA were French colonies. It is now pegged to the euro.
Investment dictionary.
Academic.
2012.
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West African CFA franc — Infobox Currency currency name in local = franc CFA BCEAO fr icon image 1 = Africa countries UEMOA.png image title 1 = Member countries iso code = XOF using countries = Benin, Burkina Faso, Côte d Ivoire, Guinea Bissau, Mali, Niger, Senegal, Togo … Wikipedia
CFA franc — Usage of: West African CFA franc Central African CFA franc The CFA franc (in French: franc CFA [fʁɑ̃ seɛfɑ] … Wikipedia
Economic Community of West African States — Comunidade Económica dos Estados da África Ocidental Communauté économique des États de l Afrique de l Ouest Economic Community of West African States … Wikipedia
Central Bank of West African States — Infobox Central bank bank name in local = Banque Centrale des États de l Afrique de l Ouest (BCEAO) fr icon image 1 = image title 1 = image 2 = image title 2 = headquarters = Dakar, Senegal established = 1961 president = Charles Konan Banny bank… … Wikipedia
franc — noun /fɹæŋk/ a) former unit of currency of France, Belgium and Luxembourg, replaced in 1999 by the euro. b) Any of several units of currency, some of which are multi national (West African CFA Franc (XOF), Central African CFA Franc (XAF), the… … Wiktionary
French franc — franc français (French) … Wikipedia
Niger — For other uses, see Niger (disambiguation). Republic of Niger République du Niger (French) Jamhuriyar Nijar … Wikipedia
Benin — For other uses, see Benin (disambiguation). Republic of Benin République du Bénin (French) Orílẹ̀ èdè Olómìnira ilẹ̀ Benin (Yoruba) … Wikipedia
Côte d'Ivoire — Republic of Côte d Ivoire République de Côte d Ivoire … Wikipedia
Mali — For other uses, see Mali (disambiguation). Republic of Mali République du Mali (French) Mali ka Fasojamana (Bambara) (browse) … Wikipedia