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| Country Guide > Africa > Cote d'Ivoire |
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Money Currency CFA (Communaut Financiaire Africaine) Franc (CFAfr) = 100 centimes. Notes are in denominations of CFAfr10,000, 5000, 2000, 1000 and 500. Coins are in denominations of CFAfr250, 100, 50, 25, 10, 5 and 1. Cte d’Ivoire is part of the French Monetary Area. Only currency issued by the Banque des tats de l’Afrique de l’Ouest (Bank of West African States) is valid; currency issued by the Banque des tats de l’Afrique Centrale (Bank of Central African States) is not. The CFA Franc is tied to the Euro. Currency exchange Currency can be exchanged at the airport as well as at main banks and hotels. Credit & debit cards American Express and MasterCard are widely accepted; Diners Club and Visa have more limited use. Check with your credit or debit card company for details of merchant acceptability and other facilities which may be available. Travellers cheques These are accepted in hotels, restaurants and some shops. Currency restrictions The import of local currency is unlimited. The export of local currency is limited to amounts up to the value of CFAfr10,000. The import of all foreign currency other than Euros must be declared. The export of foreign currency is limited to amounts up to the equivalent of CFAfr25,000 or the amount imported and declared on arrival. There is no restriction on the re-export of unused travellers cheques and letters of credit. Exchange rate indicators The following figures are included as a guide to the movements of the CFA Franc against Sterling and the US Dollar:
Banking hours Mon-Fri 0800-1500. |