CFA franc
Americannoun
Etymology
Origin of CFA franc
Abbreviation of Communauté financière africaine African Financial Community
Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
Senegal's president-elect says he will drop the much-criticised CFA franc currency, which is pegged to the euro and backed by former colonial power France.
From BBC • Mar. 25, 2024
Other crypto advocates said it was a rebuke to the CFA franc.
From Reuters • Apr. 28, 2022
The country currently uses the French-backed CFA franc as its currency, along with most other former French colonies in Africa.
From BBC • Apr. 27, 2022
Many African countries use the CFA franc that is pegged to the euro, while a few choose to peg the South African rand.
From The Wall Street Journal • Aug. 25, 2015
The devaluation of the CFA franc - its currency - by 50% in January 1994 sparked a one-time inflationary surge, to 35%; the rate dropped to 6% in 1996.
From The 2008 CIA World Factbook by United States. Central Intelligence Agency
Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.