Central African Franc to Canadian Dollar — exchange rate

Country of Circulation: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, Gabon

Currency Code, Symbol: XAF, FCFA

Denominations of coins in circulation: 1, 2, 5, 10, 25, 100, 500 francs

Denominations of banknotes in circulation: 500, 1000, 2000, 5000, 10,000 francs

History: The Central African franc (CFA) is the national currency used in African countries that are part of the Financial Community of Africa (CFA). The term is also used as a general name for 2 currencies spread in 14 African countries. The currency can be simplified to XAF.The Central African franc can be divided into centimes. Every franc has 100 centimes. The currency has been in circulation since 1961, when the West African pound was removed. Equatorial Guinea, the only country where the official language is Spanish, issued coins of new format in 1985. There were Spanish writings, and also the name of the state on the averse. In 1986, the last coin of this type was issued.Read More

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More