|
|
|
|
Currency
CFA (Communauté Financière Africaine) Franc (XAF; symbol CFA) = 100 centimes. Notes are in denominations of CFA10,000, 5,000, 2,000, 1,000 and 500. Coins are in denominations of CFA250, 100, 50, 25, 10, 5, 2 and 1. Cameroon is part of the French Monetary Area.
Only currency issued by the Banque des États de l’Afrique Centrale (Bank of Central African States) is valid; currency issued by the Banque des États de l’Afrique de l’Ouest (Bank of West African States) is not. The CFA Franc is tied to the Euro.
Only currency issued by the Banque des États de l’Afrique Centrale (Bank of Central African States) is valid; currency issued by the Banque des États de l’Afrique de l’Ouest (Bank of West African States) is not. The CFA Franc is tied to the Euro.
Currency Exchange
Euros are the easiest currency to exchange. US Dollars are the next most acceptable. Travellers should bring cash in preference to traveller's cheques.
Credit/Debit Cards and ATMs
Major credit cards are accepted on a very limited basis (some airline offices and hotels will take them). Cards cannot be used in banks to obtain cash advances. ATMs are rare.
Traveller's Cheques
To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Euros - although it is possible to exchange Sterling traveller's cheques. Commission rates tend to be high.
Currency Restrictions
Restrictions apply.
Banking Hours
Mon-Fri 0730-1530.
Exchange Rate Indicators
| Date | Jul 08 |
| £1.00= | CFA824.35 |
| $1.00= | CFA415.16 |
| €1.00= | CFA655.96 |