XAF
Franc de la Communauté financière africaine. This currency is found in Benin, Cameroon, Central African Republic, Chad, Congo, Ivory Coast (Côte d'Ivoire), Equatorial Guinea, Gabon, Guinea-Bissau, Mali, Niger, Senegal and Togo.
The CFA franc (in local parlance, franc CFA, following the French order of the terms, or just franc. The franc is the name of several currency units. The name is said to derive from the Latin inscription francorum rex ("King of the Franks") on early French coins, or from the French franc, meaning "free".
Franc
1 Swiss franc 1983
1 French franc 1991
1 Belgian franc 1996
1 Luxembourg franc 1990
1 Monaco franc 1978
Countries which use francs include Switzerland and most of the Francophone countries of Africa. Before the introduction of the euro, francs were also used in France, Belgium and Luxembourg, while Andorra and Monaco accepted the French franc as legal tender. One franc is typically divided into 100 centimes. |
Similar financial terms
No similar financial terms found in the dictionary.