West African Franc in Sri Lankan Rupee

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.

LKR Sri Lankan Rupee

Country of application:
Sri Lanka

Coin denominations in circulation:
1, 2, 5, 10 rupees.

Denominations of banknotes in circulation:
20, 50, 100, 500, 1000, 5000 rupees.

History reference:
The Sri Lankan rupee is the currency of Sri Lanka. The country has been developing and developing the monetary unit all the time, the country had its own monetary system, many countries used the mone...y of this country. The intensive development of the country made it possible to bypass all the many countries. The country has a stable economy. The first currency of the country was a great success, a lot of money and labor was invested in the development and creation. The security features were strong, but the design had a poor quality feel. But nevertheless, the monetary unit began to be in demand outside the country. It is recommended to exchange money for the currency of Sri Lanka only at official institutions and exchange offices, usually located in Sri Lankan banks, the airport and large international hotels. Here we are talking not so much about the more favorable rate of the Sri Lankan rupee, but about the fact that when exchanging currency in official institutions, a special check is issued, according to which, when departing from Colombo at the airport bank, you can exchange Sri Lankan rupees at the official purchase rate.