Communaute Financiere Africaine franc (CFAF) is
a
currency, commonly called
franc, used in
some African countries, including
Benin,
Burkina Faso,
Cameroon,
Central African Republic,
Chad,
Cote d'Ivoire,
Equatorial Guinea,
Gabon,
Guinea-Bissau, and
Republic of the Congo.
Since January 1, 1999, the CFAF is pegged to the euro at a rate of 655.957 CFA francs per euro.