Description
The Central African CFA franc is the official currency of six states in Central Africa: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon. It was established in 1945, replacing the French Equatorial African franc. The CFA stands means “Coopération financière en Afrique centrale” (Financial Cooperation in Central Africa), and the Bank of Central African States is the official issuing institution. Between 1947 and 1985, each state-issued coins with their name in denominations of 5, 25, 50, 100 and 500 francs. In 1996, the centralized production of the 100 franc coin was resumed, and a single 500 franc coin was reintroduced in 1998. In 2006, all the coins were redesigned, and a 2 francs coin introduced, all the new series have the the acronym “CEMAC” for “Communauté Économique et Monétaire de l’Afrique Centrale”.
The 1 Central African CFA franc coin front design features the denomination and the issuing bank name. The reverse coin design illustrates cocoa tree branches and the denomination. This coin is part of the 2006 series, its rim is plain, and its color is silver.
Text: Banque des États de L’afrique Centrale, CEMAC, 1 Franc, 2006.