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The West African Monetary Zone (WAMZ) has proposed to create a common currency for all West Africa states, the Eco. In May 2020, an agreement between the French government and 8 West African countries was reached, meaning to change the CFA franc to the Eco; though no plan had been established as of January 2021. [ 4 ]
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
South African Republic pond – Transvaal; Pound. Alderney pound – Alderney (commemorative, not an independent currency) Anglo-Saxon pound – Anglo-Saxon England; Australian pound – Australia; Bahamian pound – Bahamas; Bermudian pound – Bermuda; Biafran pound – Biafra; British West African pound – Cameroon, The Gambia, Ghana ...
Pages in category "Currencies of Africa" The following 109 pages are in this category, out of 109 total. This list may not reflect recent changes. *
Currencies of South Africa (1 C, 15 P, 5 F) T. Currencies of Tanzania (6 P) U. Currencies of Uganda (4 P, 1 F) Z. Currencies of Zambia (1 C, 3 P, 2 F)
It's a lifeline on which 14 west and central African nations depend. Tied to the euro at a fixed exchange rate, the currency offers monetary stability. The peg is guaranteed by the French Treasury.
This is a list of countries by their exchange rate regime. [ 1 ] De facto exchange-rate arrangements in 2022 as classified by the International Monetary Fund .
The leone was introduced on 4 August 1964. It replaced the British West African pound at a rate of 1 pound = 2 leones (i.e., 1 leone = 10 shillings). [3] When it was introduced, one leone was worth precisely half a pound sterling or US$1.40. The leone was worth more than the U.S. dollar until the 1980s, when the currency started to devalue rapidly.