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franc zone       LUcat Search catalogue 294912444

Scope note
Fourteen African countries whose currencies, the West African and the Central African CFA franc, are pegged to the euro and guaranteed by the French Treasury. Although the two CFA franc currencies are theoretically separate, their permanent parity is widely assumed.

Used for
CFA franc zone
zone franc

Broader terms
monetary areas

Related terms
Banque Centrale des Etats de l'Afrique de l'Ouest
Banque des Etats de l'Afrique Centrale
Communauté Économique et Monétaire de l'Afrique Centrale
French Community
Union Economique et Monétaire Ouest-Africaine

Subject category
11.04.02 INTERNATIONAL FINANCE



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