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Currency history

CFA franc (BEAC)

CFA franc: a currency still in use.

Dates in use
Still in use; introduction date not established here
Currency code
XAF
Ancestry branch
French franc

Select a name for its history or a dated connection for its evidence.

The story

The BCAO traces both western and central CFA terminology to the framework created on 26 December 1945; this does not settle the later separate issuing zones' formation. [1]

Central CFA devaluation takes effect. Decision signed 11 January; publication on 24 March is not the effective date. [2]

Central CFA euro anchor. Equal parity does not merge XAF with XOF. [3]

Turning points

Territorial adoption

Equatorial Guinea adopts CFA currency. Contemporary notice specifies 2 January; preferred over the 1 January date in later Bundesbank metadata. [4]

Changing monetary anchors

Euro — converging national replacements · 1 January 1999 · euro anchor introduced
655.957 XAF per EUR. Terms and evidence ↗

Sources and evidence

  1. BCEAO · Histoire du Franc CFA C533 ↗
  2. Légifrance · Légifrance — BEAC parity decision signed 11 January 1994 C753 ↗
  3. French Treasury · French Treasury — La Zone franc de 1939 à aujourd’hui C755 ↗
  4. Casimir Oye Mba, BEAC governor · Casimir Oye Mba, BEAC governor — Equatorial Guinea changeover notice, Le Monde, 28 December 1984 C765 ↗

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Full claims, evidence coverage, corrections and earlier interpretations are kept separately.

Cite this page

“CFA franc (BEAC).” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/FTM000264.html

Editorial evidence supplement · Download dataset v44

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