The franc was introduced at par with the French franc.

Decolonizing the Franc Zone

South Asia Human Rights Documentation Centre

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.

Cameroon 28 853

Even Switzerland is intervening to weaken the franc.

State party Cameroon

2.3 French Cameroon achieved independence in 1960 as the Republic of Cameroon.

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.

Abstaining Albania, Cameroon, Uganda

Australia, Cameroon, Ethiopia, India.

The country was renamed the United Republic of Cameroon in 1972 and the Republic of Cameroon in 1984.

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.

Abstaining Cameroon, Côte d'Ivoire, Vanuatu

Abstaining Australia, Cameroon, Côte d'Ivoire

Abstaining Australia, Cameroon, Canada, Nauru

Abstaining Cameroon, Colombia, Côte d'Ivoire

In British Cameroons, the question was whether to reunify with French Cameroun or join Nigeria.

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

Limited access to electricity also represents a threat to the industrialization of Cameroon, which in turn could undermine Cameroon s ambition of becoming emerging economy by 2035.

On 1 October 1961, the formerly British Southern Cameroons united with French Cameroun to form the Federal Republic of Cameroon.

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.

Abstaining Australia, Cameroon, Ethiopia, India, Tonga

Mr. Paul Ekorong A Dong (Cameroon)

Power lines over buildings in Cameroon, 2008. Photo by Zzilch on Flickr (CC BY NC ND 2.0)

German Cameroon () was a West African colony of the German Empire from 1884 to 1916 in the region of today's Republic of Cameroon.

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.

Abstaining Angola, Cameroon, Côte d'Ivoire, Tonga, Vanuatu

Abstaining Cameroon, Côte d'Ivoire, Malawi, Tonga, Vanuatu

Abstaining Cameroon, Canada, Côte d'Ivoire, Tonga, Vanuatu

Abstaining Cameroon, Honduras, Papua New Guinea, Rwanda

Abstaining Australia, Cameroon, Canada, Ethiopia, India, Tonga

Abstaining Cameroon, Fiji, Nicaragua, Papua New Guinea