cfa forex

or colloquially franc ) is the name of two currencies used in parts of West and Central African countries which are guaranteed by the French treasury. 2 In 1975, Central African CFA banknotes were issued with an obverse unique to each participating country, and common reverse, in a fashion similar to euro coins. The two CFA franc currencies are the. Therefore, West African CFA coins and banknotes are theoretically not accepted in countries using Central African CFA francs, and vice versa. The reason for their creation was the weakness of the French franc immediately after World War.

Cfa forex
cfa forex

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In dieser Rubrik stellt Ihnen umfangreiche Informationen zum Devisenhandel zur Verfügung. The devaluation of 1994 was an attempt to reduce these imbalances. Citation needed French officials presented the decision as an act of generosity. Central African CFA franc, whereas, xOF for the, west African CFA franc. West and, central Africa (excluding, guinea and, mauritania, which withdrew plus, guinea-Bissau (a former Portuguese colony and Equatorial Guinea (a former Spanish colony). See this page for details about how to apply. History edit Creation edit The CFA franc was created on 26 December 1945, along with the CFP franc. Although Central African CFA francs and West African CFA francs have always been at parity and have therefore always had the same monetary value against other currencies, they are in principle separate currencies. If a price bar is spotted, its useful to observe their interaction with the current prices. See also edit General: References edit a b c Population Reference Bureau. Iedom/Banque de France Le mot du Directeur de l'agence de Mayotte "Présentation" (in French). # 3 Moving Averages are known to smooth market trends.



cfa forex

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CFA franc (in French: franc, cFA f sef, or colloquially franc) is the name of two currencies used in parts of West and Central African countries which are guaranteed by the French treasury.