CFA Franc BEAC Wiki
The CFA Franc BEAC is the official currency of Central Africa. Including its external territories: Gabon, Equatorial Guinea, Cameroon, Republic of the Congo, Chad, Central African Republic. The currency code for CFA Franc BEAC is XAF and the currency symbol is FCFA.
The CFA Franc BEAC (sign: FCFA; code: XAF) is the currency of Central Africa.
The CFA Franc BEAC (XAF) is used as the official currency in Cameroon, Central African Republic, Chad, Equatorial Guinea, Gabon, Republic of the Congo.
The capital of Central Africa, Libreville, uses the CFA Franc BEAC as its currency. Additionally, there are several other cities that use XAF either as their official currency or as an accepted form of payment Bangui, Brazzaville, Libreville, Malabo, N'Djamena, Yaoundé.
About the CFA Franc BEAC
The Central African CFA franc (French: franc CFA or simply franc; ISO code: XAF; abbreviation: F.CFA) is the currency of six independent states in Central Africa: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon. These six countries have a combined population of 55.2 million people (as of 2020), and a combined GDP of over US$100 billion (as of 2021).CFA originally stood for Colonies françaises d'Afrique ("French colonies of Africa"); following the independence of these states, its name was changed to Coopération financière en Afrique centrale ("Financial Cooperation in Central Africa"). The currency is issued by the Bank of Central African States (BEAC; Banque des États de l'Afrique Centrale), located in Yaoundé, Cameroon, for the members of the Economic and Monetary Community of Central Africa (CEMAC; Communauté Économique et Monétaire de l'Afrique Centrale). The franc is nominally subdivided into 100 centimes but no centime denominations have been issued. The production of CFA franc notes has been carried out at Chamalières by the Bank of France since its creation in 1945.
In several west African states, the West African CFA franc, which is of equal value to the Central African CFA franc, is in circulation.
With currencyconverts.com, you can convert Central African CFA Franc (FCFA) to any other foreign currency. To convert a certain amount of CFA Franc BEAC, use the currency converter. This page provides free online information about currency conversion or exchange rates for world fiat currencies. The exchange rate for Central African CFA Franc is calculated from the mid-market real price and updates daily. Usually, people search for the XAF exchange rate before business travel to Central Africa or during a trip to other countries, and want to check the rate of Central African CFA Franc in local money. On this page, you can convert CFA Franc BEAC to main foreign currencies, get fast access to the most commonly used amounts of XAF, or alternatively calculate any amount of CFA Franc BEAC in other fiat money.