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FCFA stands for "Franc de la Communauté Financière Africaine," which translates to "Franc of the African Financial Community." It is the currency used in several West and Central African countries, pegged to the euro, and divided into two variants: the West African CFA franc (XOF) and the Central African CFA franc (XAF). The currency aims to facilitate trade and economic stability within the member states of the West African Economic and Monetary Union and the Central African Economic and Monetary Community.
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Where is fcfa money from?
West and Central African former French colonies; see: http://en.wikipedia.org/wiki/CFA_franc
Business Letter of Currency meaning?
letter given by bank as guarantees
What is the meaning of parity value in foreign exchange?
In a pegged/fixed exchange rate system the value of currency is fixed in terms of gold or the value of other currency.This value is the parity value of the currency
What does R mean as a currency?
The letter "R" as a currency symbol typically refers to the South African Rand, which is abbreviated as ZAR. In some contexts, it may also denote the Russian Ruble, often represented as ₽. Currency symbols can vary by country, so it's essential to consider the context in which "R" is used to determine its specific meaning.
What are the denominations of the Renminbi currency?
Renminbi is known as the official currency and legal tender to the People's Republic of China - and translates to meaning "people's currency." The denominations of Renminbi banknotes are from 1 "jiao" to 100 "yuanm" with coins ranging from 1 "fen" to 1 "yuan." In the most recent 2005 series of banknotes, there were denominations of: 1, 5, 10, 20, 50 and 100 - similar to denominations of currency found in the United States.
How much is 10000 dollars to cameroon fcfa?
The rates change every day. Use this currency converter to calculate it.
What is depicted by the symbols in fcfa coins?
The symbols on FCFA coins represent various elements of the culture, history, and natural heritage of the West and Central African countries that use the currency. Common motifs include national emblems, local fauna, and significant historical figures or events. These designs aim to foster a sense of identity and pride among the member states while promoting their cultural uniqueness. Additionally, the coins often feature the denomination and the currency's name, reinforcing its economic significance.
How much money is albert nkemla worth?
46 billion fcfa
How much is the flight ticket from cameroon to south Korea?
600000 fcfa
What is the meaning of 'currency' when referring to money?
Currency is money
What are the two definitions of cash?
Cash can be used as a noun meaning currency or as a verb meaning the act of transferring a form of non-liquid currency to liquid currency.
Where is fcfa money from?
West and Central African former French colonies; see: http://en.wikipedia.org/wiki/CFA_franc
What is the currency used in stockholm?
The currency used in Stockholm is the same currency used in the entire country:Kronor (shortened: kr) meaning "crowns"SEK is the currency type.
What does the term currency mean?
In forex trades, it refers to the first currency in a currency pair which has the same meaning as the term "base currnecy".
What is the currency name of Slovakia?
Koruna meaning crown. However soon they will accept the Euro as their currency
Is there Another word meaning converting to currency?
Cashing in.
What is nederlanden currency?
Nederlanden is the Dutch word meaning the Netherlands, a country in Europe.The currency used in the Netherlands is the euro.The International currency code is EUR.
