Burkina Faso
CFA (Communauté Financiaire Africaine) Franc (CFAfr) = 100 centimes. Notes are in denominations of CFAfr10,000, 5000, 2500, 1000 and 500. Coins are in denominations of CFAfr250, 100, 50, 25, 10, 5 and 1. Burkina Faso 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.
No restrictions on import of local or foreign currency, provided declared on arrival. The export of local and foreign currency is allowed up to the amount imported and declared for non-residents.
Mon-Thur 0730-1130 and 1500-1600. Friday 0730-1130 and 1530-1700.
Can be exchanged in banks and major hotels.
To avoid additional exchange
rate charges, travellers are advised to take travellers cheques in Euros or US
Dollars. Banks often require proof of purchase, so all receipts should be kept
as a precautionary measure. It is advised to take at least some Euros in cash.
