Senegal Coin List

Senegal's official currency is the West African CFA franc, shared with seven other countries in the region. This currency has a fascinating history and has played a crucial role in the Senegalese economy since independence.

Senegal's monetary history

Prior to the adoption of the CFA franc, Senegal used various currencies throughout its history. During the French colonial period, the French franc circulated. After independence in 1960, Senegal became part of the West African Monetary Union, which introduced the CFA franc in 1945. This currency has maintained a fixed parity with the euro since 1999, facilitating trade and economic stability in the region.

Numismatic milestones

Senegalese numismatics presents several interesting aspects. In 1975, a commemorative series of coins was issued to celebrate the 15th anniversary of independence. In addition, Senegal has produced collector coins that reflect its rich culture and history, such as the 2006 series dedicated to traditional musical instruments. In 2019, a reform of the CFA franc was announced, which could lead to the introduction of a new currency called "Eco" in the future, marking a new chapter in the country's monetary history.