Currency
CFA Franc (CFAfr) = 100 centimes. Notes are in denominations of CFAfr10,000, 5000, 2000, 1000 and 500. Coins are in denominations of CFAfr250, 100, 50, 25, 10, 5 and 1. Congo is part of the French Monetary Area. Only currency issued by the Banque des États de l’Afrique Centrale (Bank of Central African States) is valid; currency issued by the Banque des États de l’Afrique de l’Ouest (Bank of West African States) is not. The CFA Franc is tied to the Euro.
Credit & debit cards
Diners Club and MasterCard all have limited use. Check with your credit or debit card company for details of merchant acceptability and other services which may be available.
Travellers cheques
To avoid additional exchange rate charges, travellers are advised to take travellers cheques in Euros or Pounds Sterling.
Currency restrictions
The import and export of local currency is prohibited, except between countries of the Central African group. The import of foreign currency is unrestricted, although amounts over £234/US$335 must be declared upon arrival. Export of foreign currency is restricted to the amount imported.
Exchange rate indicators
The following figures are included as a guide to the movements of the CFA Franc against Sterling and the US Dollar:
| Date | May '04 | Aug '04 | Nov '04 | Feb '05 | | £1.00= | 983.76 | 978.35 | 936.79 | 939.87 | | $1.00= | 550.79 | 531.03 | 494.69 | 501.65 |
Banking hours
0620-1300 Monday to Friday (counters close at 1130).
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