Pound Sterling to Central African Franc — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More

Country of Circulation: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, Gabon

Currency Code, Symbol: XAF, FCFA

Denominations of coins in circulation: 1, 2, 5, 10, 25, 100, 500 francs

Denominations of banknotes in circulation: 500, 1000, 2000, 5000, 10,000 francs

History: The Central African franc (CFA) is the national currency used in African countries that are part of the Financial Community of Africa (CFA). The term is also used as a general name for 2 currencies spread in 14 African countries. The currency can be simplified to XAF.The Central African franc can be divided into centimes. Every franc has 100 centimes. The currency has been in circulation since 1961, when the West African pound was removed. Equatorial Guinea, the only country where the official language is Spanish, issued coins of new format in 1985. There were Spanish writings, and also the name of the state on the averse. In 1986, the last coin of this type was issued.Read More