CFAF

Communauté Financière Africaine franc (CFAF) is a currency, commonly called franc, used in 14 African countries.

There are two versions:

• CFA franc BCEAO (Central Bank of West African States), for the 8 countries of the West African Economic and Monetary Union (UEMOA)[?]:
  • Benin
  • Burkina Faso
  • Côte d'Ivoire
  • Guinea-Bissau
  • Mali
  • Niger
  • Senegal
  • Togo

• CFA franc BEAC (Central Bank of Central African States), for the 6 countries of the Central African Economic and Monetary Community (CEMAC)[?]:
  • Cameroon
  • Central African Republic
  • Chad
  • Republic of the Congo
  • Equatorial Guinea
  • Gabon

Both versions of the CFAF have the same value: since January 1, 1999, they are pegged to the euro at a rate of 655.957 CFA francs per euro.

They have the ISO 4217 currency codes XOF and XAF, respectively.