Central banks and currencies of africa

Usage of:
     West African CFA franc
     Central African CFA franc

There are two African currency unions associated with multinational central banks; the West African Banque Centrale des Etats de l'Afrique de l'Ouest (BCEAO) and the Central African Banque des Etats de l'Afrique Centrale (BEAC). Members of both currency unions use the CFA Franc as their legal tender.

Below is a list of the central banks and currencies of Africa.

Country Currency Central bank GDP ($ Billions)
Benin
Burkina Faso
Ivory Coast
Guinea-Bissau
Mali
Niger
Senegal
Togo
West African CFA franc Central Bank of West African States 145.33
Cameroon
Central African Republic
Chad
Republic of the Congo
Equatorial Guinea
Gabon
Central African CFA franc Bank of Central African States 149.1
Algeria Algerian dinar Bank of Algeria 274.5
Angola Angolan kwanza Banco Nacional de Angola 126.21
Botswana Botswana pula Bank of Botswana 31.5
Burundi Burundian franc Bank of the Republic of Burundi 5.5
Cape Verde Cape Verdean escudo Bank of Cape Verde 2.18
Comoros Comorian franc Central Bank of the Comoros 0.84
Democratic Republic of the Congo Congolese franc Central Bank of the Congo 27.5
Djibouti Djiboutian franc Central Bank of Djibouti 2.38
Egypt Egyptian pound Central Bank of Egypt 538
Eritrea Eritrean nakfa Bank of Eritrea 4.4
Ethiopia Ethiopian birr National Bank of Ethiopia 103.1
Gambia Gambian dalasi Central Bank of The Gambia 3.5
Ghana Ghanaian cedi Bank of Ghana 90
Guinea Guinean franc Central Bank of the Republic of Guinea 12.3
Kenya Kenyan shilling Central Bank of Kenya 76
Lesotho Lesotho loti Central Bank of Lesotho 3.9
Liberia Liberian dollar Central Bank of Liberia 2.7
Libya Libyan dinar Central Bank of Libya 88
Madagascar Malagasy ariary Central Bank of Madagascar 21.4
Malawi Malawian kwacha Reserve Bank of Malawi 14.6
Mauritania Mauritanian ouguiya Central Bank of Mauritania 7.6
Mauritius Mauritian rupee Bank of Mauritius 20.3
Morocco Moroccan dirham Bank Al-Maghrib 171.91
Mozambique Mozambican metical Bank of Mozambique 26.2
Namibia Namibian dollar Bank of Namibia 16.8
Nigeria Nigerian naira Central Bank of Nigeria 451
Rwanda Rwandan franc National Bank of Rwanda 14.9
São Tomé and Príncipe São Tomé and Príncipe dobra National Bank of São Tomé and Príncipe 0.4
Seychelles Seychellois rupee Central Bank of Seychelles 2.41
Sierra Leone Sierra Leonean leone Bank of Sierra Leone 8.4
Somalia Somali shilling Central Bank of Somalia 5.9
South Africa South African rand South African Reserve Bank 579
South Sudan South Sudanese pound Bank of South Sudan 9.7
Sudan Sudanese pound Bank of Sudan 80.4
Swaziland Swazi lilangeni Central Bank of Swaziland 6.1
Tanzania Tanzanian shilling Bank of Tanzania 74
Tunisia Tunisian dinar Central Bank of Tunisia 104.4
Uganda Ugandan shilling Bank of Uganda 51
Zambia Zambian kwacha Bank of Zambia 23.7
Zimbabwe Zimbabwean dollar Reserve Bank of Zimbabwe 6.91

World Economic Outlook Database, October 2012, International Monetary Fund. Accessed on October 10, 2013.

See also

This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.