Country Guides
Equatorial Guinea
Money
Money
Equatorial Guinea
Currency
CFA (Communauté Financière Africaine) Franc (CFA or XAF) = 100 centimes. Notes are in denominations of XAF10,000, 5,000, 1,000 and 500. Coins are in denominations of XAF500, 100, 50, 25, 10 and 5.
Equatorial Guinea 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
Foreign currencies are best exchanged at banks, of which, however, there are few. Receipts for currency exchange should be retained.
Credit/Debit Cards and ATMs
Equatorial Guinea has a strictly cash-only economy. Credit cards and cheques are not accepted. ATMs are not available.
Traveller's Cheques
Most businesses do not accept traveller's cheques.
Currency Restrictions
Restrictions apply.
Banking Hours
Mon-Sat 0800-1200.
Exchange Rate Indicators
Date
Apr 09
£1.00=
CFA723.58
$1.00=
CFA491.44
€1.00=
CFA655.96
Currency
CFA (Communauté Financière Africaine) Franc (CFA or XAF) = 100 centimes. Notes are in denominations of XAF10,000, 5,000, 1,000 and 500. Coins are in denominations of XAF500, 100, 50, 25, 10 and 5.
Equatorial Guinea 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.
Equatorial Guinea 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
Foreign currencies are best exchanged at banks, of which, however, there are few. Receipts for currency exchange should be retained.
Credit/Debit Cards and ATMs
Equatorial Guinea has a strictly cash-only economy. Credit cards and cheques are not accepted. ATMs are not available.
Traveller's Cheques
Most businesses do not accept traveller's cheques.
Currency Restrictions
Restrictions apply.
Banking Hours
Mon-Sat 0800-1200.
Exchange Rate Indicators
| Date | Apr 09 |
| £1.00= | CFA723.58 |
| $1.00= | CFA491.44 |
| €1.00= | CFA655.96 |
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