Currency of the Central African Republic: Central African CFA franc
Central African CFA franc ยท XAF ยท Currency Union
Who Issues the Central African Republic's Currency
Instead of issuing a fully independent national unit, Central African Republic participates in the shared regional system behind the Central African CFA franc (XAF). The currency carries symbol FCFA and ISO numeric code 950. The currency is not treated as freely floating: its framework includes a documented exchange-rate peg.
The Central African CFA franc is issued at regional level by Bank of Central African States (BEAC), so the Central African Republic does not operate a separate national note issue for XAF. Monetary-system facts such as the issuer and any formal peg belong to the union, while local payment behaviour still has to be sourced for the Central African Republic itself.
For the Central African Republic, interpret the Central African CFA franc (XAF) reference rate together with its observation date. The same currency pair can produce a different customer outcome once a bank, card network or money-transfer provider applies its own pricing. The page uses Regional or system monetary authority for the institutional currency context.
Exchange Rate for XAF
Banknotes and Coins
Banknotes
BEAC's Type 2020 banknote range has five denominations: 500, 1,000, 2,000, 5,000 and 10,000 CFA francs. The common series circulates across the CEMAC monetary union.
Coins
BEAC's circulation coin series comprises 1, 2, 5, 10, 25, 50, 100 and 500 CFA francs.
Frequently Asked Questions
What currency is used in the Central African Republic?
The Central African Republic uses the Central African CFA franc (XAF) through a regional currency union administered by Bank of Central African States (BEAC). For the Central African Republic, the union's XAF arrangement also includes the formal link to its reference currency.
Who manages the currency system in the Central African Republic?
Bank of Central African States (BEAC) is the main monetary authority identified for the Central African Republic.
Are the exchange rates for the Central African Republic real-time?
For a dated XAF observation, a supported conversion is based on the latest reference observation available to the tool, with the observation date shown. The figure is informational and can differ from a bank, card or cash-counter quote. That keeps the reference point clear.
Sources & methodology
For the Central African Republic, institutional currency facts are checked against Bank of Central African States (BEAC) or the applicable monetary-system authority. The XAF identity follows ISO 4217, and the exchange-arrangement classification for the Central African Republic is cross-checked against the IMF framework. A dynamic XAF observation for the Central African Republic, when available, is kept separate from those institutional facts and shows its own date and provider.
View sources used for this page
- Regional or system monetary authority
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- BEAC - Type 2020 banknote series
- BEAC - circulation coin series