CFA Franc

The CFA Franc is a currency used by 14 countries in West and Central Africa, linked to the Euro and guaranteed by the French government. It provides monetary stability and facilitates trade among these nations. The currency's value is fixed, meaning it doesn't fluctuate with market changes, which helps maintain economic stability. Countries using the CFA Franc benefit from a stable currency and access to financial services, though some argue it maintains a historical link to France. Overall, it aims to promote economic integration and stability within the region.