THE CURRENCY OF TOGO
The currency of Togo is the West African CFA Franc. You may see it written as "F CFA" and you will hear it pronounced "see-fuh" or "see-fah". Officially it is the Communaute Financiere Africaine (CFA) Franc issued by the Central Bank of the States of West Africa (BCEAO). If you are looking for the exchange rates for their currency you will need to look for the symbol “XOF”. The 8 countries that use this same currency make up the West African Economic and Monetary Union (UEMOA) and they are:Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Sénégal and Togo.The denominations are:Coins 1, 5, 10, 25, 50, 100, 200, 250, 500 francsBanknotes 1,000, 2,000, 5,000, 10,000 francsOriginally this currency was aligned with a parity value to the Euro – but this has slipped quite a bit. It is, however, externally convertibility as it is guaranteed by the French Treasury.A few words of...


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