Currency of the Republic of the Congo: Central African CFA franc
Central African CFA franc ยท XAF ยท Currency Union
Who Issues the Republic of the Congo's Currency
The Central African CFA franc (XAF) used in the Republic of the Congo 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. The currency's external-value framework includes a formal peg, which is a defining feature of the monetary setup.
The Central African CFA franc is issued at regional level by Bank of Central African States (BEAC), so the Republic of the Congo 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 Republic of the Congo itself.
In the Republic of the Congo, a reference quote for Central African CFA franc (XAF) is most useful when its date and currency pair are kept visible. That separates movement in the underlying rate from the extra costs a bank, card issuer or transfer service may impose. 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 Republic of the Congo?
The Republic of the Congo uses the Central African CFA franc (XAF) through a regional currency union administered by Bank of Central African States (BEAC). For the Republic of the Congo, the union's XAF arrangement also includes the formal link to its reference currency.
Who manages the currency system in the Republic of the Congo?
Bank of Central African States (BEAC) is the main monetary authority identified for the Republic of the Congo.
Are the exchange rates for the Republic of the Congo real-time?
No. For the Republic of the Congo, the XAF converter requests the latest available reference observation from the supported reference source when the pair is available. The result carries its observation date, so a reader should not treat the Republic of the Congo figure as a tick-by-tick tradable price or a guaranteed transaction rate.
Sources & methodology
For the Republic of the Congo, 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 Republic of the Congo is cross-checked against the IMF framework. A dynamic XAF observation for the Republic of the Congo, 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