From Wikipedia, the free encyclopedia
Central African CFA franc
franc CFA BEAC (French) |
 |
| 1,000 Central African CFA francs |
|
| ISO 4217 Code |
XAF |
| User(s) |
Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, Gabon |
| Pegged with |
euro = CFA655.957 |
| Subunit |
|
| 1/100 |
centime |
| Symbol |
CFA |
| centime |
c |
| Nickname |
céfa, franc |
| Coins |
CFA1, CFA2, CFA5, CFA10, CFA25, CFA50, CFA100, CFA500 |
| Banknotes |
CFA500, CFA1000, CFA2000, CFA5000, CFA10000 |
| Central bank |
Banque des États de l'Afrique Centrale |
| Website |
www.beac.int |
The Central Africa CFA franc (XAF) is just known in French as the Franc CFA, where CFA stands for Coopération financière en Afrique centrale ("Financial Cooperation in Central Africa"). It is issued by the BEAC (Banque des États de l'Afrique Centrale, i.e. "Bank of the Central African States"), located in Yaounde, Cameroon, for the 6 countries of the CEMAC (Communauté Économique et Monétaire de l'Afrique Centrale, i.e. "Economic and Monetary Community of Central Africa"):
[edit] History
Equatorial Guinea, the only former Spanish colony in the zone, adopted the CFA in 1984.
[edit] Ranking in the world
| Country |
Population |
GDP (PPP) |
GDP per
capita |
| Value |
Ranking |
Value |
Ranking |
| Cameroon |
16,322,000 |
59 |
43,196 |
84 |
2646 |
| Central African Republic |
4,038,000 |
124 |
4,629 |
153 |
1146 |
| Chad |
10,112,000 |
80 |
13,723 |
128 |
1357 |
| Republic of the Congo |
3,999,000 |
125 |
4,585 |
154 |
1147 |
| Equatorial Guinea |
504,000 |
169 |
18,785 |
112 |
37272 |
| Gabon |
1,384,000 |
151 |
9,621 |
136 |
6952 |
| Total |
36,359,000 |
|
94,539 |
|
2600 |
| Comparable |
| Kenya |
36,550,000 |
34 |
|
|
|
| Myanmar |
|
|
93,766 |
59 |
|
Second most recent coin series
|
[edit] Banknotes
Interestingly, in 1975, Central African CFA banknotes were issued with an obverse unique to each participating country, and common reverse, in a fashion similar to euro coins.
Current XAF exchange rates
[edit] External links
