Guinea-Bissau
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 and 5. Guinea-Bissau 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.
Import and export of local currency is prohibited. Import of foreign currency is unlimited, provided declared on arrival; export of foreign currency is limited to the amount declared on arrival.
Mon-Fri 0730-1430.
US currency in small denominations is the most useful for exchange. Inter-bank fund transfers are frequently difficult and time-consuming to accomplish.
Very limited use. Check with your credit or
debit Card Company for details of merchant acceptability and other services
which may be available.
These are rarely accepted. They can
sometimes be cashed at banks. There is a fixed rate of commission on all
transactions.
