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Currency history

CFA franc (BEAC)

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

Its place in the family

All ancestors and descendants ↗
CFA franc (BEAC): documented and qualified family connections PARENTS THIS CURRENCY CHILDREN French franc — 1795 to euro conversionFrench franc 1945 · DocumentedDocumented connection · 1945 CFA franc (BEAC)CFA franc XAF No successor is established here.

Parents 1

CFA franc

This currency

Children 0

No successor is established here.

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The story

The BCAO traces both western and central CFA terminology to the framework created on December 26, 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
  2. Légifrance · Légifrance — BEAC parity decision signed 11 January 1994
  3. French Treasury · French Treasury — La Zone franc de 1939 à aujourd’hui
  4. Casimir Oye Mba, BEAC governor · Casimir Oye Mba, BEAC governor — Equatorial Guinea changeover notice, Le Monde, 28 December 1984

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Cite this page

“CFA franc (BEAC).” The Family Tree of Money. © Field Technologies, Inc. Updated 2026-10-14; data version v49. https://familytreeofmoney.org/currency/FTM000264.html

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