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African numismatics has just added a new and attractive series to its recent history: the new range of CFA franc coins issued by the BEAC (Banque des États de l'Afrique Centrale) , with a 2024 mintage date, although it has only entered circulation a few days ago . Although these coins are intended for circulation in Central Africa, their attractive design and historical value are beginning to attract the attention of collectors, where African coin collecting has gained popularity in recent years.
The new 2024 CFA coins: design, denominations, and visual appeal
The 2024 series includes nine different denominations, all with new designs and date-marked with the year of issue, despite their appearance on the street well into the year .
These are the new pieces:
The CFA franc (Franc de la Coopération Financière en Afrique Centrale) was created in 1945, when the French government decided to create a currency for its African colonies. Initially, the acronym CFA stood for Colonies Françaises d'Afrique , but over time it has been redefined to fit a postcolonial vision.
These coins are in official use in the following six countries:
Cameroon
Gabon
Chad
Republic of the Congo
Central African Republic
Equatorial Guinea
It's important to note that although they share a common currency, each country maintains its own cultural and linguistic identity, making the CFA franc a unique example of regional economic union.
If you're a fan of contemporary numismatics or interested in the monetary history of the African continent, this new series of CFA coins is a highly recommended purchase . It's rare for a legal tender to undergo such a complete overhaul. Furthermore, let's not forget its context: a coin with colonial origins that remains alive today , amid intense debates over monetary sovereignty in Africa.
