Central African CFA Franc
(XAF) Insights
Second CFA franc zone (separate from XOF despite same rate); Central African Economic and Monetary Community (CEMAC); oil-dependent zone (Cameroon, Gabon, Congo, Equatorial Guinea); same EUR-peg mechanism as BCEAO but different governance
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Currency Snapshot
Technical specifications, central bank governance, and market standing for Central African CFA Franc.
XAF
Standardized ISO 4217 Currency Code
FCFA
Unicode Glyphs & Display Symbol
1/100 = Centime Decimals
Subdivision unit definition
Central Africa (6 nations)
Bank of Central African States (BEAC)
Bank of Central African States (BEAC)
Euro (EUR) via French Treasury guarantee
Market-determined exchange rate mechanism
Currency Standard: Fiat (EUR-pegged via French Treasury)
Classified as Fiat (EUR-pegged via French Treasury) in global trade networks
Banknotes
FCFA 1
Coins
FCFA 1
Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Central African CFA Franc, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Bank of Central African States (BEAC).
XAF Market Insights
Deep-dive analysis of the Central African CFA Franc's global impact, remittance role, and institutional influence.
Strong Currency Impact
N/A (EUR-pegged); cheaper imports; lower oil/timber revenues in CFA terms
Weak Currency Impact
N/A (EUR-pegged); higher oil revenues; higher import costs via EUR strength
Remittance Role
CEMAC zone receives modest remittances; diaspora in France, Belgium; Equatoguinean oil workers sending to Nigeria and Cameroon
Central Bank Tools
Policy Rate (BEAC rate), Reserve Requirements, FX reserves management
Common Questions About Central African CFA Franc
Everything you need to know about XAF exchange rates, banknotes, and historical significance.