US Dollar to Central African Franc — exchange rate

The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.

The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.

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.