Senegalese President Abdoulaye Wade once labeled the CFA franc a colonial relic but that was when he was an opposition leader.

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.).

Senegalese formed police units 6 (6 per unit)

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.

Her Government included a minister whose sole responsibility was for Senegalese emigrants.

Even Switzerland is intervening to weaken the franc.

The franc is the currency of French Polynesia.

Most of the obligations under those conventions have already been incorporated into Senegalese domestic legislation.

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.

Senegalese Communist Party (in French Parti Communiste Sénégalais ) was a pro Chinese communist party in Senegal.

The kora is mentioned in the Senegalese national anthem Pincez Tous vos Koras, Frappez les Balafons .

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.

Senegalese Prime Minister Abdoul Mbaye has cited high interest rates as a major impediment to GDP growth.

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.

Ousmane N'Doye (born 21 March 1978) is a Senegalese football player who is the elder brother of Dame N'Doye.

However, the Senegalese pattern of state religious relations allows the government to provide partial funding to such private religious schools.

Thus, the Senegalese delegation is of the view that rigorous application of such sanctions would act as a real deterrent.

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.

In French West Africa, only parts of the Senegalese Four Communes ever extended French citizensip outside a few educated African elite.

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

Most of these so called 'Senegalese' had no ties to Senegal, and many still reside in refugee camps in Mali and Senegal.

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.

Member of the Senegalese delegation to 29 regular sessions of the General Assembly, from 1971 to 1981, 1985 and from 1988 to 2004.

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