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Benin Currency
Currency is the main thing that everyone needs when traveling to another country. Many tourists face problems while going to other countries in term of Currency. There are many currency frauds happened with tourist when they want to convert their currency. The regulation in currency rate makes a lot of problem for a tourist. If you are traveling to Benin make sure you have Benin Currency if you want to do shopping or to explore this country.
Official Currency of Benin
The Republic of Benin is located in West Africa. Togo, Nigeria, Burkina Faso, and Niger are its neighboring countries. Benin currency is CFA Franc. This Benin currency is used by seven other countries located in West Africa. Banque Centrale Des Etats De I'Afrique de I'Ouest (BCEAO) issues the Benin Currency. Benin currency is derived from two currencies. One is used in West Africa other is used in Central Africa. The Benin currency CFA is West Africa CFA and Central Africa CFA. The dual Benin currency can be interchangeable. The Benin currency ISO codes for west Africa CFA is XOF and Central Africa CFA franc is XAF. The Benin currency for West Africa CFA franc coins and banknotes are not accepted in countries where Central Africa CFA franc is operating.