The West African CFA franc (French: franc CFA or simply franc, ISO 4217 code: XOF; abbreviation: F.CFA) is the currency used by eight independent states in West Africa which make up the West African Economic and Monetary Union (UEMOA; Union Économique et Monétaire Ouest Africaine): Benin, Burkina Faso, … See more The CFA franc was introduced to the French colonies in West Africa in 1945, replacing the French West African franc. The West African colonies and territories using the CFA franc were Ivory Coast, Dahomey See more For coins struck prior to the CFA franc, see French West African franc In 1948, aluminium 1 and 2 franc coins were introduced. These were followed in 1956 by aluminium-bronze 5, 10, and 25 francs. All carried the name "Afrique Occidentale … See more • Central African CFA franc • Council of Arab Economic Unity (CAEU) • Economic Community of West African States (ECOWAS) • African and Malagasy Union (AMU) See more When the CFA franc was introduced, notes issued by the Banque Centrale des États de l'Afrique Occidentale in denominations of 5, … See more There has been some debate over whether the West African CFA franc serves as a way for France to keep influence in the region, often to the detriment to these nations. For example, one of the "rules" of the currency is that the central banks of … See more • (in French) Union Economique et Monétaire Ouest Africaine (UEMOA) (Official Site of the West African Economic and Monetary Union) See more WebMar 17, 2024 · Benin, one of the principal historic kingdoms of the western African forest region (fl. 13th–19th century). Tradition asserts that the Edo people became dissatisfied with the rule of a dynasty of semimythical …
Manilla: the money used during the slave trade in West …
WebJul 9, 2024 · Benin’s southern coast used to be known as the Slave Coast, a departure point for slaves where for over 100 years, an average of 10,000 slaves a year were shipped to the Americas. – Source: Lonely Planet. The Gate of No Return (Shutterstock) 4. The Route des Esclaves (Route of Slaves) in Ouidah is a road leading from the original slave ... WebMay 1, 2024 · The Benin Bronzes is the name given to a group of artifacts produced by the Benin Empire, which occupied the area which is today Nigeria. The Benin Bronzes consist of several thousand commemorative plaques and sculptures that are made of brass of variable composition (despite being called ‘bronzes’). While such metalwork was already … bird dog peach flavored whiskey
Types Of Currency In The World: List With Symbols
WebThe CFA Franc BCEAO is pegged to the Euro at 1 euro = 655.957 XOF. It is used by eight independent states in West Africa: Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Sénégal and Togo. Economy Benin is underdeveloped and dependent on subsistence agriculture and cotton. WebThe CFA Franc is the currency of Communauté Financière Africaine (BCEAO). Our currency rankings show that the most popular CFA Franc exchange rate is the XOF to USD rate. The currency code for Francs is XOF, and the currency symbol is CFA. Below, you'll find CFA Franc rates and a currency converter. Select a currency XOF – CFA … WebSep 8, 2024 · 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 … dalton hardware store