The history of banknotes in Burkina Faso is closely linked to the country's political and economic evolution. Since its independence in 1960, Burkina Faso has undergone several changes in its monetary system, reflecting the nation's transformations.
Current banknotes in circulation
Burkina Faso currently uses the West African CFA Franc, issued by the Central Bank of West African States (BCEAO). Banknotes in circulation include denominations of 500, 1,000, 2,000, 5,000 and 10,000 CFA francs. These banknotes feature designs that reflect the culture and nature of the region, with motifs such as traditional masks, indigenous animals and landscapes characteristic of West Africa.
Old banknotes and monetary evolution
Prior to the adoption of the CFA Franc, Burkina Faso (then known as Upper Volta) used the French West African Franc. After independence, the country continued to use this currency until the creation of the West African Monetary Union in 1962. An important milestone in Burkina Faso's notafilia was the introduction of the first CFA Franc banknotes in 1962, which marked the beginning of a new monetary era for the country. Over the years, banknote designs have evolved, reflecting the political and cultural changes in Burkina Faso and the West African region.