What is the currency in the Congo

Trans Africa - accurate travel information for all countries in Africa

 

 

 

 

Money in the Republic of the Congo

Country currency: 1 CFA Franc (Franc de la C.oopération F.inancière en A.frique Centrale) = 100 centimes.
The CFA is supported by the Banque des Etats de l’Afrique Centrale (BEAC, State Bank of Central African States) and is a means of payment in Equatorial Guinea, Gabon, Cameroon, Congo, Chad and the Central African Republic. The one from the Banque des Etats de l’Afrique de l’Ouest (BCEAO, State Bank of West African States) CFA Franc (XOF) is not legal tender in the Republic of the Congo. The CFA Franc is pegged to the Euro with a fixed exchange rate.

Currency abbreviation: CFA Fri, XAF

Banknotes are in circulation to the value of 10,000, 5000, 2000, 1000, 500 CFA Fr. Coins are available in denominations of 500, 100, 50, 25, 10, 5, 2 and 1 CFA Fr.

Currency Exchange: It is almost always possible to pay with US dollars. US dollars can also be exchanged at money changers in Brazzaville and in Lebanese-run markets and internet cafés (wherever there is a need for foreign currency).

Exchange rate CFA Franc:

Credit Cards: rarely accepted, the best choice is credit cards from Visa, MasterCard or Eurocard.

Travelers Checks: are rarely accepted and should preferably be made out in euros or US dollars.

ATMs: does not exist in the Republic of the Congo.

Foreign exchange regulations: no restrictions on the import and export of local currency. However, the import and export of foreign currencies must be declared ..

Bank opening times: Mon - Fri 6:30 a.m. - 1:00 p.m.

Republic of the Congo key data - Republic of the Congo geography - Republic of the Congo arrival - Republic of the Congo visa requirements - Republic of the Congo money - Republic of the Congo Health - Republic of the Congo climate and best travel time - Republic of the Congo travel in the country - Republic of the Congo attractions - Republic of the Congo important addresses