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Communauté Financière Africaine
- CFA stands for “Communauté Financière Africaine,” which translates to the african financial community.
www.supermoney.com › encyclopedia › xaf-currencyThe XAF (Central African CFA Franc): Understanding Its Role ...
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The CFA franc (French: franc CFA, [fʁɑ̃ seɛfɑ]), or Franc of the Financial Community of Africa (French: franc de la Communauté financière africaine; originally the Franc of the French Colonies in Africa, French: franc de las Colonies françaises d'Afrique; colloquially franc; abbreviation: F.CFA), is the name of two currencies, the West ...
Sep 20, 2022 · CFA stands for Communauté financière d'Afrique or African Financial Community. In 2019, the CFA Franc was officially renamed the "Eco." Key Takeaways. The CFA franc, backed by the...
The CFA franc, which stands for Communauté financière d’Afrique or African Financial Community, refers to a monetary system encompassing two distinct currencies: the Central African CFA franc (XAF) and the West African CFA franc (XOF).
Dec 7, 2019 · The CFA franc monetary system is designed to guarantee the franc currency in international markets, while simultaneously preventing overdraft and inflation in CFA member...
May 27, 2019 · In West Africa, CFA stands for the Communauté financière d'Afrique (African Monetary Community) and in Central Africa it stands for the Coopération financière en Afrique...
See all events. All information concerning the CFA franc, the common currency of 14 African countries members of the franc zone.
Jan 24, 2019 · Activists in Africa have called for the CFA franc to be abandoned. Mr Di Maio said France was using this system to finance French public debt. But a French treasury official told BBC News the...
