The franc was introduced at par with the French franc.

Decolonizing the Franc Zone

The franc is the currency of French Polynesia.

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.

Even Switzerland is intervening to weaken the franc.

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.

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.

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

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

Now he considers it the best currency in the world.

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

Swiss Francs by Flickr user Jim (CC BY NC SA 2.0).

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

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

More appalling is the fact that France guarantees the CFA franc s free convertibility into hard currency, originally on the condition that all 15 Franc Zone countries surrender 100 of their foreign reserves to the French Treasury.

Women's International Zionist Organization

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

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

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

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.

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.

I had my money stolen.

Mali is the eighth largest country in Africa, with an area of just over .

The second way implies a thorough overhaul of the system. This would entail pegging the CFA franc not only to the euro, but also to a basket of other currencies, abolishing the fixed exchange rate and the CFA franc s convertibility, and fast tracking economic integration.

And then finally, you're asking for my money, not just because it's my money, but because it's me.

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

It's my money, too.

Sami took my money.

Mali and the Islamic Reformation

Alternative Fiscal Medicine?

Hollande in Mali

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.

The rich world has promised to help Mali, and now Mali has led the way with its creativity.

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

Brave New Financial World

Zineb Benalla leads a workshop.

Financial overview

Finance Assistant (P 3)

The representative of Mali made a statement.

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

There is no easy answer. But it is time for the franc zone s two leading regional groupings the West African Economic and Monetary Union and the Central African Economic and Monetary Community to begin playing a decisive role in overhauling the franc zone s architecture.

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.

Now France has intervened in Mali.

Map of the Tuareg rebellion in Azawad, Northern Mali showing rebel attacks as of April 5, 2012 (CC BY 3.0)