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The unit is the CFA Franc, or Communaute Financiere Africaine franc. This is a currency widely used in West and Central Africa, and guaranteed by the French National Bank. There are two types of CFA Franc; one is used by several West African countries, the other by several coutries in Central Africa. Thesew countries had all been colonized by France and jkeep strong ties with France.
The value of either one of the CFA francs on the world marked (called exchange rate) is the same.
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