The Forex Mali – Currency – Broker – Merket
CFA (Communauté Financiaire Africaine) Franc (XOF) = 100 centimes. Notes are in denominations of XOF10,000, 5000, 2000 and 1000. Coins are in denominations of XOF500, 200, 250, 100, 50, 25, 10 and 5. Mali is part of the French Monetary Area. Only currency issued by the Banque des Etats de l’Afrique de l’Ouest (Bank of West African States) is valid; currency issued by the Banque des Etats de l’Afrique Centrale (Bank of Central African States) is not. The CFA Franc is tied to the Euro.
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