French Camerounian Franc
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French Camerounian Franc
The franc was the currency of French Cameroun. It was subdivided into 100 centimes and was equal in value to the French franc. History Following the occupation of eastern Cameroon by French forces, the French franc was introduced as currency to replace the German mark. This was augmented from 1922 by local issues of paper money and by local coins from 1924. In 1958, the coins of French Equatorial Africa were issued with the name "Cameroun" added to the legend. Since then, the CFA franc of the Equatorial, then Central African States has circulated, first in French Cameroun, then the whole of Cameroon following unification with the British Southern Cameroons. Coins In 1924, aluminium-bronze 50 centimes, 1 and 2 francs coins were introduced and were struck until 1926. These were the only coins issued until 1943, when the Free French issued bronze 50 centimes and 1 franc. Aluminium 1 and 2 francs were issued in 1948. (This needs correcting. Camerounian 25 Franc coins exist) Since the ...
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French Cameroun
French Cameroon or French Cameroons (french: link=no, Cameroun) was a French mandate territory in Central Africa. It now forms part of the independent country of Cameroon. History Beginnings The area of present-day Cameroon came under German sovereignty during the " Scramble for Africa" at the end of the 19th century. The German protectorate commenced in 1884 with a treaty with local chiefs in the Douala area, in particular Ndumbe Lobe Bell, then gradually it was extended to the interior. In 1911, France ceded parts of its territory to German Cameroon, as a result of the Agadir Crisis, the new territory being henceforth known as New Cameroon (german: link=no, Neukamerun). During World War I, the German protectorate was occupied by British and French troops, and later mandated to each country by the League of Nations in 1922. The British mandate was known as British Cameroons and the French mandate as French Cameroon (french: link=no, Cameroun). Following World War II each o ...
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Centime
Centime (from la, centesimus) is French for " cent", and is used in English as the name of the fraction currency in several Francophone countries (including Switzerland, Algeria, Belgium, Morocco and France). In France, the usage of ''centime'' goes back to the introduction of the decimal monetary system under Napoleon. This system aimed at replacing non-decimal fractions of older coins. A five-centime coin was known as a ''sou'', i.e. a solidus or shilling. In Francophone Canada of a Canadian dollar is officially known as a ''cent'' (pronounced /sɛnt/) in both English and French. However, in practice, the form of ''cenne'' (pronounced /sɛn/) has completely replaced the official ''cent''. Spoken and written use of the official form ''cent'' in Francophone Canada is exceptionally uncommon. In the Canadian French vernacular ''sou'', ''sou noir'' (' means "black" in French), ''cenne'', and ''cenne noire'' are all widely known, used, and accepted monikers when referring to e ...
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French Franc
The franc (, ; sign: F or Fr), also commonly distinguished as the (FF), was a currency of France. Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money. It was reintroduced (in decimal form) in 1795. After two centuries of inflation, it was redenominated in 1960, with each (NF) being worth 100 old francs. The NF designation was continued for a few years before the currency returned to being simply the franc. Many French residents, though, continued to quote prices of especially expensive items in terms of the old franc (equivalent to the new centime), up to and even after the introduction of the euro (for coins and banknotes) in 2002. The French franc was a commonly held international reserve currency of reference in the 19th and 20th centuries. Between 1998 and 2002, the conversion of francs to euros was carried out at a rate of 6.55957 francs to 1 euro. History The French Franc tr ...
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Cameroon
Cameroon (; french: Cameroun, ff, Kamerun), officially the Republic of Cameroon (french: République du Cameroun, links=no), is a country in west-central Africa. It is bordered by Nigeria to the west and north; Chad to the northeast; the Central African Republic to the east; and Equatorial Guinea, Gabon and the Republic of the Congo to the south. Its coastline lies on the Bight of Biafra, part of the Gulf of Guinea and the Atlantic Ocean. Due to its strategic position at the crossroads between West Africa and Central Africa, it has been categorized as being in both camps. Its nearly 27 million people speak 250 native languages. Early inhabitants of the territory included the Sao civilisation around Lake Chad, and the Baka hunter-gatherers in the southeastern rainforest. Portuguese explorers reached the coast in the 15th century and named the area ''Rio dos Camarões'' (''Shrimp River''), which became ''Cameroon'' in English. Fulani soldiers founded the Adamawa Emirate ...
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France
France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pacific and Indian Oceans. Its Metropolitan France, metropolitan area extends from the Rhine to the Atlantic Ocean and from the Mediterranean Sea to the English Channel and the North Sea; overseas territories include French Guiana in South America, Saint Pierre and Miquelon in the North Atlantic, the French West Indies, and many islands in Oceania and the Indian Ocean. Due to its several coastal territories, France has the largest exclusive economic zone in the world. France borders Belgium, Luxembourg, Germany, Switzerland, Monaco, Italy, Andorra, and Spain in continental Europe, as well as the Kingdom of the Netherlands, Netherlands, Suriname, and Brazil in the Americas via its overseas territories in French Guiana and Saint Martin (island), ...
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German Mark
The Deutsche Mark (; English: ''German mark''), abbreviated "DM" or "D-Mark" (), was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until the adoption of the euro in 2002. In English, it was typically called the "Deutschmark" (). One Deutsche Mark was divided into 100 pfennigs. It was first issued under Allied occupation in 1948 to replace the Reichsmark and served as the Federal Republic of Germany's official currency from its founding the following year. On 31 December 1998, the Council of the European Union fixed the irrevocable exchange rate, effective 1 January 1999, for German mark to euros as DM 1.95583 = €1. In 1999, the Deutsche Mark was replaced by the euro; its coins and banknotes remained in circulation, defined in terms of euros, until the introduction of euro notes and coins on 1 January 2002. The Deutsche Mark ceased to be legal tender immediately upon the introduction of the euro—in contrast to the o ...
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French Equatorial Africa
French Equatorial Africa (french: link=no, Afrique-Équatoriale française), or the AEF, was the federation of French colonial possessions in Equatorial Africa, extending northwards from the Congo River into the Sahel, and comprising what are today the countries of Chad, the Central African Republic, the Republic of the Congo, and Gabon. History Established in 1910, the Federation contained four (later five) colonial possessions: French Gabon, French Congo, Ubangi-Shari and French Chad. The Governor-General was based in Brazzaville with deputies in each territory. In 1911, France ceded parts of the territory to German Kamerun as a result of the Agadir Crisis. The territory was returned after Germany's defeat in World War I, while most of Cameroon proper became a French League of Nations mandate not integrated into the AEF. French Equatorial Africa, especially the region of Ubangi-Shari had a similar concession system as the Congo Free State and similar atrocities were also c ...
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Central African CFA Franc
The Central African CFA franc ( French: ''franc CFA'' or simply ''franc''; ISO code: XAF; abbreviation: F.CFA) is the currency of six independent states in Central Africa: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon. These six countries have a combined population of 55.2 million people (as of 2020), and a combined GDP of US$113.322 billion (as of 2020). CFA stands for ''Coopération financière en Afrique centrale'' ("Financial Cooperation in Central Africa"). It is issued by the Bank of Central African States (BEAC; ''Banque des États de l'Afrique Centrale''), located in Yaoundé, Cameroon, for the members of the Economic and Monetary Community of Central Africa (CEMAC; ''Communauté Économique et Monétaire de l'Afrique Centrale''). The franc is nominally subdivided into 100 ''centimes'' but no centime denominations have been issued. In several west African states, the West African CFA franc, which is of equal value ...
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Southern Cameroons
The Southern Cameroons was the southern part of the British Empire, British League of Nations mandate territory of the British Cameroons in West Africa. Since 1961, it has been part of the Republic of Cameroon, where it makes up the Northwest Region (Cameroon), Northwest Region and Southwest Region (Cameroon), Southwest Region. Since 1994, pressure groups in the territory claim there was no legal document (treaty of union) in accordance to UNGA RES 1608(XV) paragraph 5, and are seeking to restore statehood and independence from the Republic. They renamed the British Southern Cameroons as Ambazonia (from Ambas Bay). League of Nations mandate Following the Treaty of Versailles, the German territory of Kamerun was divided on June 28, 1919, between a French and a British League of Nations Mandate, the French, who had previously administered the whole occupied territory, getting the larger. The French mandate was known as Cameroun. The British mandate comprised two adjacent territorie ...
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Free French
Free France (french: France Libre) was a political entity that claimed to be the legitimate government of France following the dissolution of the Third Republic. Led by French general , Free France was established as a government-in-exile in London in June 1940 after the Fall of France during World War II and fought the Axis as an Allied nation with its Free French Forces (). Free France also supported the resistance in Nazi-occupied France, known as the French Forces of the Interior, and gained strategic footholds in several French colonies in Africa. Following the defeat of the Third Republic by Nazi Germany, Marshal Philippe Pétain led efforts to negotiate an armistice and established a German puppet state known as Vichy France. Opposed to the idea of an armistice, de Gaulle fled to Britain, and from there broadcast the Appeal of 18 June () exhorting the French people to resist the Nazis and join the Free French Forces. On 27 October 1940, the Empire Defense Council ...
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CFA Franc
The CFA franc (french: franc CFA, , Franc of the Financial Community of Africa, originally Franc of the French Colonies in Africa, or colloquially ; abbreviation: F.CFA) is the name of two currencies, the West African CFA franc, used in eight West African countries, and the Central African CFA franc, used in six Central African countries. Although separate, the two CFA franc currencies have always been at parity and are effectively interchangeable. The ISO currency codes are XAF for the Central African CFA franc and XOF for the West African CFA franc. On 22 December 2019, it was announced that the West African currency would be reformed and replaced by an independent currency to be called Eco. Both CFA francs have a fixed exchange rate to the euro: 100 CFA francs = 1 French franc = €0.152449; or €1 = F 6.55957 = F.CFA 655.957 exactly. Usage CFA francs are used in fourteen countries: twelve nations formerly ruled by France in West and Central Africa (excludin ...
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Banque Des États De L'Afrique Centrale
The Bank of Central African States (french: Banque des États de l'Afrique Centrale, BEAC) is a central bank that serves six central African countries which form the Economic and Monetary Community of Central Africa: *Cameroon *Central African Republic * Chad * Equatorial Guinea *Gabon * Republic of the Congo In December 2010, a WikiLeaks memo dated June 3, 2005, said that Gabonese officials working for the Bank of Central African States stole US$36 million over a period of five years from the pooled reserves, giving much of the money to members of France's two main political parties. Governors Philibert Andzembe of Gabon was Governor of the Bank of Central African States from July 2007 until October 2009, when he was fired by the new president of Gabon, Ali Bongo, in response to a bank scandal in which $28.3 million went missing from the bank's Paris branch. Jean Félix Mamalepot, also from Gabon, was Governor for the preceding 17 years.
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