List of central banks of Africa explained

There are two African currency unions associated with multinational central banks; the West African Banque Centrale des États de l'Afrique de l'Ouest (BCEAO) and the Central African Banque des États de l'Afrique Centrale (BEAC). Members of both currency unions use the CFA Franc as their legal tender.

Below is a list of the central banks and currencies of Africa.

Country	Currency		Peg
	West African CFA franc	Central Bank of West African States	1 EUR = CFA 655.957
	Central African CFA franc	Bank of Central African States	1 EUR= CFA 655.957
	Algerian dinar	Bank of Algeria
	Angolan kwanza	Banco Nacional de Angola
	Botswana pula	Bank of Botswana
	Burundian franc	Bank of the Republic of Burundi
	Cape Verdean escudo	Bank of Cape Verde	1 EUR = CVE$110.265
	Comorian franc	Central Bank of the Comoros	1 EUR = 491.96775 francs
	Congolese franc	Central Bank of the Congo
	Djiboutian franc	Central Bank of Djibouti	US$1 = 177.721 francs
	Egyptian pound	Central Bank of Egypt
	Eritrean nakfa	Bank of Eritrea	US$1 = 15 nakfa
	Ethiopian birr	National Bank of Ethiopia
	Gambian dalasi	Central Bank of The Gambia
	Ghanaian cedi	Bank of Ghana
	Guinean franc	Central Bank of the Republic of Guinea
	Kenyan shilling	Central Bank of Kenya
	Lesotho loti	Central Bank of Lesotho	ZAR at par
	Liberian dollar	Central Bank of Liberia
	Libyan dinar	Central Bank of Libya
	Malagasy ariary	Central Bank of Madagascar
	Malawian kwacha	Reserve Bank of Malawi
	Mauritanian ouguiya	Central Bank of Mauritania
	Mauritian rupee	Bank of Mauritius
	Moroccan dirham	Bank Al-Maghrib
	Mozambican metical	Bank of Mozambique
	Namibian dollar	Bank of Namibia	ZAR at par
	Nigerian naira	Central Bank of Nigeria
	Rwandan franc	National Bank of Rwanda
	São Tomé and Príncipe dobra	National Bank of São Tomé and Príncipe	1 EUR = 24.5 STN
	Seychellois rupee	Central Bank of Seychelles
	Sierra Leonean leone	Bank of Sierra Leone
	Somali shilling	Central Bank of Somalia
	Somaliland shilling	Bank of Somaliland
	South African rand	South African Reserve Bank
	South Sudanese pound	Bank of South Sudan
	Sudanese pound	Bank of Sudan
	Swazi lilangeni	Central Bank of Swaziland	ZAR at par
	Tanzanian shilling	Bank of Tanzania
	Tunisian dinar	Central Bank of Tunisia
	Ugandan shilling	Bank of Uganda
	Zambian kwacha	Bank of Zambia
	Various (including South African rand, Botswana pula, pound sterling, Indian rupee, euro, Japanese yen, Australian dollar, United States dollar and the Chinese yuan)	Reserve Bank of Zimbabwe

See also

• Africa
• Economy of Africa
• List of African countries by GDP (nominal)
• List of African stock exchanges
• List of currencies in Africa

References

• World Economic Outlook Database, October 2012, International Monetary Fund. Accessed on October 10, 2013.