Australian Dollar in West African Franc

AUD Australian Dollar

Country of application:
Australia, Kiribati, Cocos Islands, Nauru, Norfolk Island, Christmas Island, Heard and McDonald

Coin denominations in circulation:
2 and 1 dollar, 50, 20, 10 and 5 cents.

Denominations of banknotes in circulation:
100, 50, 20, 10 and 5 dollars.

History reference:
The Australian dollar is the currency in Australia, including its outer territories. : Christmas Island, Cocos (Keeling) Islands and Norfolk Island. It is officially used as the currency of three ind...ependent Pacific island nations: Kiribati, Nauru and Tuvalu. It is legal tender in Australia. Since 1988, a special plastic material has been used in the manufacture of Australian dollar banknotes. Australian dollar banknotes are printed at the state-owned factories of the Royal Australian Mint, located in Melbourne and Perth. Australian coins have a regular round shape. The exception is a coin of fifty cents, made in the form of a regular tetrahedron. On the obverse of the coins there is an image of the profile portrait of Queen Elizabeth II of Great Britain (as the official head of the Commonwealth of Australia), and on the reverse there are animals of Australia.

XOF West African Franc

Country of application:
Benin, Burkina Faso, Cote dIvoire, Guinea-Bissau, Mali, Niger, Senegal, Togo

Coin denominations in circulation:
1, 5, 10, 25, 50, 100, 200, 250, 500 CFA francs.

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

History reference:
The CFA franc was introduced as the single currency of the French territories of West and Central Africa on December 26, 1945. By this time, the Franc Zone (an alliance created on the basis of former... French colonies) existed for about four years and was considered a voluntary association of participating countries. At first, the common currency was the French franc, but after the adoption of a decree in 1945, the CFA franc was introduced into circulation. The currency ratio was as follows: 1 CFA franc = 1.70 French francs. On November 20, 1963, Togo officially joined the Monetary Union. Mauritania leaves the Monetary Union in 1973. In the middle of 1984, Mali returned to the union. On January 10, 1994, after lengthy meetings, an agreement was reached in Dakar on the transformation of the West African Monetary Union into the West African Economic and Monetary Union, to which, on May 2, 1997, the Republic of Guinea-Bissau joined, replacing the significantly depreciated peso in circulation on its territory Guinea-Bissau to CFA franc BCEAO.