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The official currency of Equatorial Guinea is the Central African CFA franc. This African country has an interesting numismatic history that reflects its colonial past and its evolution as an independent nation.
Monetary History
Before adopting the CFA franc, Equatorial Guinea used several currencies. During the Spanish colonial period, the Guinean peseta circulated. After independence in 1968, the country briefly introduced the ekwele as the national currency. In 1985, Equatorial Guinea joined the Central African Economic and Monetary Community (CEMAC) and adopted the CFA franc as its official currency.
Relevant Numismatics
Equatorial Guinea has issued commemorative coins highlighting aspects of its culture and history. Among the most notable series are gold and silver coins minted to commemorate international sporting events and historical figures. In addition, the country has participated in international numismatic programs, such as the United Nations Endangered Species Program coin series, contributing to the conservation of local wildlife.