There are two African currency unions associated with multinational central banks; the West African Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) and the Central African Banque des États de l'Afrique Centrale (BEAC). Members of both currency unions use the CFA Franc as their legal tender.
Below is a list of the central banks and currencies of Africa.
Country
Currency
Central bank
Peg
Benin
West African CFA franc
Central Bank of West African States
1 EUR = CFA 655.957
Burkina Faso
Guinea-Bissau
Ivory Coast
Mali
Niger
Senegal
Togo
Cameroon
Central African CFA franc
Bank of Central African States
1 EUR= CFA 655.957
Central African Republic
Chad
Equatorial Guinea
Gabon
Republic of the Congo
Algeria
Algerian dinar
Bank of Algeria
Angola
Angolan kwanza
Banco Nacional de Angola
Botswana
Botswana pula
Bank of Botswana
Burundi
Burundian franc
Bank of the Republic of Burundi
Cape Verde
Cape Verdean escudo
Bank of Cape Verde
1 EUR = CVE$110.265
Comoros
Comorian franc
Central Bank of the Comoros
1 EUR = 491.96775 francs
Democratic Republic of the Congo
Congolese franc
Central Bank of the Congo
Djibouti
Djiboutian franc
Central Bank of Djibouti
US$1 = 177.721 francs
Egypt
Egyptian pound
Central Bank of Egypt
Eritrea
Eritrean nakfa
Bank of Eritrea
US$1 = 15 nakfa
Ethiopia
Ethiopian birr
National Bank of Ethiopia
Gambia
Gambian dalasi
Central Bank of The Gambia
Ghana
Ghanaian cedi
Bank of Ghana
Guinea
Guinean franc
Central Bank of the Republic of Guinea
Kenya
Kenyan shilling
Central Bank of Kenya
Lesotho
Lesotho loti
Central Bank of Lesotho
ZAR at par
Liberia
Liberian dollar
Central Bank of Liberia
Libya
Libyan dinar
Central Bank of Libya
Madagascar
Malagasy ariary
Central Bank of Madagascar
Malawi
Malawian kwacha
Reserve Bank of Malawi
Mauritania
Mauritanian ouguiya
Central Bank of Mauritania
Mauritius
Mauritian rupee
Bank of Mauritius
Morocco
Moroccan dirham
Bank Al-Maghrib
Mozambique
Mozambican metical
Bank of Mozambique
Namibia
Namibian dollar
Bank of Namibia
ZAR at par
Nigeria
Nigerian naira
Central Bank of Nigeria
Rwanda
Rwandan franc
National Bank of Rwanda
São Tomé and Príncipe
São Tomé and Príncipe dobra
National Bank of São Tomé and Príncipe
1 EUR = 24.5 STN
Seychelles
Seychellois rupee
Central Bank of Seychelles
Sierra Leone
Sierra Leonean leone
Bank of Sierra Leone
Somalia
Somali shilling
Central Bank of Somalia
Somaliland
Somaliland shilling
Bank of Somaliland
South Africa
South African rand
South African Reserve Bank
South Sudan
South Sudanese pound
Bank of South Sudan
Sudan
Sudanese pound
Bank of Sudan
Eswatini
Swazi lilangeni
Central Bank of Swaziland
ZAR at par
Tanzania
Tanzanian shilling
Bank of Tanzania
Tunisia
Tunisian dinar
Central Bank of Tunisia
Uganda
Ugandan shilling
Bank of Uganda
Zambia
Zambian kwacha
Bank of Zambia
Zimbabwe
Various (including South African rand, Botswana pula, pound sterling, Indian rupee, euro, Japanese yen, Australian dollar, United States dollar and the Chinese yuan)
Reserve Bank of Zimbabwe
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