Chad Money and Exchange Rate
Currency
CFA (Communauté Financière Africaine) Franc (XAF) = 100 centimes. Notes are in denominations of XAF10,000, 5,000, 2,000, 1,000 and 500. Coins are in denominations of XAF250, 100, 50, 25, 10, 5 and 1.
Chad is part of the French Monetary Area. Only currency issued by the Banque des Etats de l’Afrique Centrale (Bank of Central African States) is valid; currency issued by the Banque des Etats de l’Afrique de l’Ouest (Bank of West African States) is not. The CFA Franc is tied to the Euro.
Chad is part of the French Monetary Area. Only currency issued by the Banque des Etats de l’Afrique Centrale (Bank of Central African States) is valid; currency issued by the Banque des Etats de l’Afrique de l’Ouest (Bank of West African States) is not. The CFA Franc is tied to the Euro.
Currency Exchange
It is advisable to bring US Dollars or Euros rather than Sterling into the country. CFA Francs can be difficult to exchange outside the French Monetary Area.
Credit/Debit Cards and ATMs
Diners Club, MasterCard and Visa are accepted at two hotels in N’Djaména. It may not be possible to obtain cash advances at banks on credit cards.
Traveller's Cheques
May be exchanged at one or two banks in N’Djaména. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Euros.
Currency Restrictions
There are no restrictions on the import of local currency; visitors can export up to XAF10,000. There are no restrictions on importing foreign currency providing it is declared on arrival; up to the amount of foreign currency imported and declared can be exported.
Banking Hours
Mon-Sat 0700-1300, Fri 0700-1030.
Exchange Rate Indicators
| 1.00 GBP = 1.51 USD |
| 1.00 EUR = 1.25 USD |
| 1.00 GBP = 1.2 EUR |
| 1.00 USD = 0.79 EUR |
| Currency conversion rates as of 30 July 2010 |
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