Country Guides
Gabon
Money

Money

Gabon

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 CFA500, 100, 50, 25, 10, 5 and 1.

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.

Note:
Libreville is one of the most expensive cities in the world.

Currency Exchange

Gabon is part of the French Monetary Area.

Credit/Debit Cards and ATMs

American Express, MasterCard and Visa are not widely accepted.

Traveller's Cheques

To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Euros.

Currency Restrictions

Restrictions apply.

Banking Hours

Mon-Fri 0730-1130, 1430-1630.

Exchange Rate Indicators

Date Apr 09
£1.00= CFA723.58
$1.00= CFA491.44
€1.00= CFA655.96

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