XAF

Central African CFA Franc

XAF is the official currency of six Central African countries: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon.

The currency is issued by BEAC (Bank of the Central African States) headquartered in Yaoundé, Cameroon. It is pegged to the euro at 655.957 XAF = 1 EUR, guaranteed by the French Treasury. CFA stands for 'Coopération financière en Afrique centrale'. It is not interchangeable with the West African CFA franc (XOF).

Related Terms

EUR

Euro

EUR is the official currency of the Eurozone, used by 20 of the 27 European Union member states. It'...

XOF

West African CFA Franc

XOF is the official currency of eight West African countries: Benin, Burkina Faso, Côte d'Ivoire, Gu...

CDF

Congolese Franc

CDF is the official currency of the Democratic Republic of the Congo. It is issued by the Central Ba...

NGN

Nigerian Naira

NGN is the official currency of Nigeria. It is issued by the Central Bank of Nigeria and is subdivid...

Need to convert bank statements to spreadsheet format? Try our bank statement converter to easily export your transaction data to Excel or CSV.

Glossary home

Convert 10 pages free per week.
Try your weirdest statement.

Convert a bank statement PDF free