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50-franc notes were last issued in 1959, with 100 francs not issued since 1965. 10,000 franc notes were introduced in 1977, followed by 2,500 franc notes in 1992. In 2004, a new series of notes was introduced in denominations of 1,000, 2,000, 5,000, and 10,000 francs, with the 500 franc note having been replaced by a coin the year before.
In 1996, centralized production of the 100 franc coin was resumed, with a single 500 franc coin reintroduced in 1998. Despite dropping state names and code letters, the overall design of the coins remained relatively unchanged. 2006 saw a redesign of all denominations of coins for the CFA franc, along with the introduction of a 2 franc piece.
Usage of: West African CFA franc (XOF) Central African CFA franc (XAF) The CFA franc (French: franc CFA, [fʁɑ̃ seɛfɑ]) is the name of two currencies used by 210 million people (as of 2023) in fourteen African countries: the West African CFA franc (where "CFA" stands for Communauté Financière Africaine, i.e. "African Financial Community" in English), used in eight West African countries ...
These included shells, [1] ingots, gold (gold dust and gold coins (the Asante)), arrowheads, iron, salt, cattle, goats, blankets, axes, beads, and many others. In the early 19th century a slave could be bought in West Africa with manilla currency ; multiples of X-shaped rings of bronze or other metal that could be strung on a staff.
100_Franc_coin_(CFP),_obverse.png (326 × 326 pixels, file size: 178 KB, MIME type: image/png) This is a file from the Wikimedia Commons . Information from its description page there is shown below.
There was a government plan to redenominate the naira at 100:1 in 2008, but the plan was suspended. The currency sign is U+20A6 ₦ NAIRA SIGN. The name "Naira" was coined from the word "Nigeria" by Obafemi Awolowo. [12] [13] However, Naira as a currency was launched by Shehu Shagari as minister of finance in 1973.
$100 obverse 1996 John Monash: 1865–1931 General during World War I $100 reverse 1996 Andrew Barton "Banjo" Paterson: 1864–1941 Poet; author of "Waltzing Matilda" (1895) and "The Man from Snowy River" (1890) $10 obverse 1993 Mary Reibey: 1777–1855 Businesswoman $20 obverse 1994 David Unaipon: 1872–1967 Inventor and writer $50 obverse 1995
The Banque de l'Afrique Occidentale began issuing notes in 1903. 100 franc notes were introduced that year, followed by 5 francs in 1904, 500 francs in 1912, 25 francs in 1917, 1000 francs in 1919 and 50 francs in 1920. 10 franc notes were introduced in 1943. In 1944, the government issued notes for 50 centimes, and 1 and 2 francs.