West African franc is the unified currency of West African Economic and Monetary Union, referred to as West African franc (FCFA). The West African franc zone includes eight member countries of the West African Economic and Monetary Union (Benin, Burkina Faso, C? te d 'Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo). French banks and banks in related countries in West Africa are the same issuing department of West African francs. West African franc is an important tool for financial and economic cooperation between France and eight West African countries.
Extended data:
The history of the West African franc and the French franc and the present situation that France replaced the French franc with the euro made the fixed exchange rate of the West African franc and the French franc 100: 1 evolve into the fixed exchange rate of the West African franc and the euro of 656: 1.
The price of an ounce of gold is about 2 19876.32 CFA francs; 1 euro to 656 CFA francs; 1 US dollar to 548.32 CFA francs; 1 Swiss franc to 426.99 CFA francs.
China Bank Foreign Exchange Quotation-West African Francs