CFA franc

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]

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]

References

↑ "BCEAO - Présentation". Archived from the original on 2016-05-05. Retrieved 2016-04-07.
↑ "Latest". Archived from the original on 2017-10-29. 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". Archived from the original on 2016-05-05. Retrieved 2016-04-07.

[2] "Latest". Archived from the original on 2017-10-29. Retrieved 2016-04-07.

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

[1]

[2]

[3]