CFA Franc definition

CFA Franc means the currency of the Borrower;

Examples of CFA Franc in a sentence

  • Members share a common currency, the CFA Franc (pegged to the EURO), with a regional central bank in Dakar and a regional development bank in Lomé.

  • Article 4 The legal monetary unit of the member States of the Union shall be the Franc of the Communauté Financière Africaine (African financial community), or CFA Franc.

  • The CFA Franc has been pegged to the Euro at a rate of CFAF 655.957 = €1 since January 1999.


More Definitions of CFA Franc

CFA Franc means a franc of the West African Monetary Union (UMOA).
CFA Franc means the franc of the Central Africa Economic and Monetary Community (CEMAC), whose common central bank is the Bank of Central African States (BEAC).
CFA Franc means the currency of the African Financial Community.
CFA Franc or "CFAF" means the currency of the Grantee.
CFA Franc. (Franc CFA) means the currency of the Recipient.
CFA Franc means the legal currency of the Republic of Cameroon.
CFA Franc means the Franc de la Communauté Financière Africaine, the currency of Mali and Senegal;