Gabon Coin List

Gabon's official currency is the Central African CFA franc, shared with five other countries in the region. This monetary system has a rich history and unique characteristics that reflect the country's colonial past and economic evolution.

Current currency and its circulation

The Central African CFA franc, issued by the Bank of Central African States (BEAC), has been the legal tender in Gabon since 1945. Current denominations include coins of 1, 2, 5, 10, 10, 25, 50, 100 and 500 francs, as well as banknotes of 500, 1000, 2000, 5000 and 10000 francs. The currency is pegged to the euro with a fixed exchange rate, which provides monetary stability to the Gabonese economy.

Monetary and numismatic history

Prior to the introduction of the CFA franc, Gabon used several currencies, including the French franc during the colonial period. An important milestone in Gabonese numismatics was the issuance of commemorative coins in 1971 to celebrate the tenth anniversary of the country's independence. These pieces, minted in silver and gold, are highly valued by collectors. In addition, Gabon has occasionally issued collector coins highlighting the country's unique fauna and flora, contributing to its numismatic heritage.