The franc was introduced at par with the French franc.

Uses either the West African CFA franc or Central African CFA franc (C.F.A.).

Decolonizing the Franc Zone

Another devaluation of the CFA franc today might deflate France s debts to the franc zone and boost its African based export industries, but it would worsen the franc zone countries miseries.

Tensions between the 200,000 Sudanese refugees and Chadian host communities remain high.

Chadian losses were minimal only 18 soldiers died and three Toyotas were destroyed.

Even Switzerland is intervening to weaken the franc.

The franc is the currency of French Polynesia.

Beginning in the 7th millennium BC, human populations moved into the Chadian basin in great numbers.

Since 1945, it has been part of the CFP franc.

History The franc became the currency of Rwanda in 1916, when Belgium occupied the previously German colony and the Belgian Congo franc replaced the German East African rupie.

History The franc became the currency of Burundi in 1916, when Belgium occupied the former Germany colony and replaced the German East African rupie with the Belgian Congo franc.

But the franc zone countries did not fare nearly so well.

In 1999, the Euro was introduced to replace the French franc.

The base colours of the new notes were kept similar to the old ones, except that the 20 franc note was changed from blue to red to prevent a frequent confusion with the 100 franc note, and that the 10 franc note was changed from red to yellow.

Abou Zeid was killed by French and Chadian troops on 25 February 2013 in fighting in Northern Mali.

The CFA franc is convertible in euros and freely transferable to France, whose companies control the lion s share of the franc zone s private sector and receive most of its public contracts.

In 1945, Switzerland joined the Bretton Woods system and pegged the franc to the U.S. dollar at a rate of 1 4.30521 francs (equivalent to 1 franc 0.206418 grams of gold).

The franc zone is, in fact, an appendage of the French economy.

It was the largest plunge of the franc ever against the euro.

22 Communauté financière du Pacifique franc (CFP fr) 1 euro 119.2 CFP.

The CFA franc was sharply devalued in 1994, and outstanding debts were reduced.

Rignieux le Franc is a commune in the Ain department in eastern France.

On January 1, 2008, the franc was valued at 1,129.40 per US dollar.

It is responsible for Swiss monetary policy and for issuing Swiss franc banknotes.

Reports of defections from the Chadian army have highlighted the risk of transborder tribal ties internationalizing the conflict in Darfur.

The ensuing economic difficulties were exacerbated under President François Mitterrand, whose prime minister, Pierre Bérégovoy, pursued a strong French franc a policy that ultimately led to a massive 100 devaluation of the CFA franc in 1994.

From the end of World War II until the adoption of the euro, France devalued its own franc 14 times in order to bolster competiveness and exports, with the CFA franc devalued along with it each time.

This gap should encourage the franc zone s member countries to reject their relationship with France.

The franc zone s plight is being compounded by distorted and dysfunctional economic and monetary policies.

This was changed to 1 4.375 francs (1 franc 0.203125 grams of gold) in 1949.

Only during the period when Burundi used the Belgian Congo franc were centime coins issued.

The franc was the currency of the Swiss canton of Geneva between 1839 and 1850.

However, it was believed that many of the troops who fled the Chadian attacks of March 1987 were members of the Legion.

The CFA franc issued by two sub regional central banks (BCEAO and BEAC) are not interchangeable.

In 2008 a new French intervention strengthens the regime of Chadian President Idriss Deby and evacuated foreigners while rebels from neighboring Sudan attacked.

However, on 24 September, a delegation composed of the AU, JEM and Chadian co mediators travelled to N'djamena to meet President Idriss Déby.

On the monetary front, the CFA Franc Zone s member countries dismantled the federal structure that united them during French occupation and erected trade barriers instead. The CFA franc issued by two sub regional central banks (BCEAO and BEAC) are not interchangeable.

But France s woes are also being felt far beyond its borders, sparking rumors of a possible devaluation of the CFA franc, the common currency of the franc zone, which comprises 14 African countries and the Comoros Islands in the Indian Ocean.

At Iridimi Camp, three refugees were shot when refugees opposed to a re registration exercise clashed with Chadian police responsible for providing camp security.

Before 1914, there were three international currencies the British pound, the French franc, and the German mark.

First, franc zone countries could issue their own currencies a radical approach that would face serious obstacles.

France may not like it, but the best interests of the franc zone s citizens should come first.

As well as the passivity shown in recent days by the Chadian interposition force dispatched to Sibut, a barrier located a hundred kilometers from Bangui

The regional spillover effects of this crisis on Chad and the impact of Chadian groups crossing into west Darfur are also cause for great concern.