List Of Central Banks Of Africa
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There are two African
currency union A currency union (also known as monetary union) is an intergovernmental agreement that involves two or more State (polity), states sharing the same currency. These states may not necessarily have any Economic integration#Stages, further integratio ...
s associated with multinational
central banks A central bank, reserve bank, or monetary authority is an institution that manages the currency and monetary policy of a country or monetary union, and oversees their commercial banking system. In contrast to a commercial bank, a central ba ...
; the West African
Banque Centrale des États de l'Afrique de l'Ouest The Central Bank of West African States (french: Banque Centrale des États de l'Afrique de l'Ouest, BCEAO) is a central bank serving the eight west African countries which share the common West African CFA franc currency and comprise the West Af ...
(BCEAO) and the Central African
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 ...
(BEAC). Members of both currency unions use the
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 We ...
as their legal tender. Below is a list of the central banks and currencies of Africa.


See also

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Africa Africa is the world's second-largest and second-most populous continent, after Asia in both cases. At about 30.3 million km2 (11.7 million square miles) including adjacent islands, it covers 6% of Earth's total surface area ...
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Economy of Africa The economy of Africa consists of the trade, industry, agriculture, and human resources of the continent. , approximately 1.3 billion people were living in 54 countries in Africa. Africa is a resource-rich continent. Recent growth has been d ...
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List of African countries by GDP (nominal) Gross domestic product (GDP) is the market value of all final goods and services from a nation in a given year. Countries in Africa are sorted according to data from the International Monetary Fund. The figures presented here do not take into accou ...
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List of African stock exchanges There are 29 exchanges in Africa, representing 38 nations' capital markets. 21 of the 29 stock exchanges in Africa are members of the African Securities Exchanges Association (ASEA). ASEA members are indicated below by an asterisk (*). The Egyp ...
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List of currencies in Africa African currency was originally formed from basic items, materials, animals and even people available in the locality to create a medium of exchange. This started to change from the 17th century onwards, as European colonial powers introduced thei ...


References


World Economic Outlook Database, October 2012
International Monetary Fund. Accessed on October 10, 2013. {{DEFAULTSORT:Central Banks And Currencies Of Africa Africa-related lists Currencies of Africa