Currency of Gabon: Central African CFA franc
Central African CFA franc ยท XAF ยท Currency Union
Who Issues Gabon's Currency
The Central African CFA franc (XAF) used in Gabon comes from a common issuing framework shared by several states. That regional structure is the defining feature of the country's currency system; FCFA and numeric code 950 identify the currency. A documented peg forms part of the currency arrangement and influences how its external value is managed.
On this Gabon currency page, Bank of Central African States (BEAC) administers the Central African CFA franc at regional level. Gabon participates in that currency union instead of operating a separate national issue. The page therefore keeps the monetary framework distinct from the conversion quote.
A Gabon conversion involving Central African CFA franc (XAF) should be anchored to the observation date shown on the page. Provider spreads, card conversion rules and transfer fees can change the amount a customer actually receives even when the reference pair is unchanged. 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 Gabon?
For a dated XAF observation, For Gabon, the union's XAF arrangement also includes the formal link to its reference currency. Gabon uses the Central African CFA franc (XAF) through a regional currency union administered by Bank of Central African States (BEAC). The result is the benchmark traceable.
Who manages the currency system in Gabon?
For currency calculations involving Gabon, the Central African CFA franc (XAF) is administered regionally by Bank of Central African States (BEAC), and Gabon participates in that shared monetary arrangement. This separation keeps the data layers easy to distinguish.
Are the exchange rates for Gabon real-time?
On this Gabon currency page. For supported pairs, the converter retrieves the latest available reference observation and keeps the date visible. Treat it as a dated benchmark, not as a guaranteed retail conversion price. This leaves the provider margin separate from the benchmark.
Sources & methodology
For monetary-system facts, the primary reference is Bank of Central African States (BEAC), supplemented by the applicable framework for Gabon. ISO 4217 is used for the XAF identifier; exchange-arrangement facts and dated rate observations are treated as different data layers.
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