INFORMATION ABOUT CONGOLAIS FRANC
We show the updated today’s value/price of Congolais franc (CDF).You can get the exchange from Congolais franc to another currency by introducing the value or amount of Congolais franc (CDF) in the box and clicking the convert button. This way you can get the Congolais franc’s price in relation to other currencies.
INTRODUCTION TO THE CONGOLAIS FRANC
The Congolais franc is the official currency of Democratic Republic of Congo since 1997. The franc was historically used as currency of Belgian colony of Congo since 1886 until 1967, when it was replaced by the zaire. After successive monetary changes, finally the actual currency was reached. It is used by approximately 4 million five hundred thousand people. You can check the today value of the Congolais franc and check its price.
The Congolais franc (CDF) replaced the new zaire created in 1993; this one replaced in turn the zaire created in 1967 y this last one replace the Congolais franc in the colonial time.
The Central Bank of the Congo is an organization officially created in 1997 from the change of the name of the National Bank of the Congo (previously denominated “Bank of Zaire”) in Central Bank. Its functions are to generate official reserves of the Republic, provide for the monetary policy of the country and ensure a general level of price stability and internal and external stability of the national currency. It also aims to make rules and regulations related to the operations about foreign currencies, to elaborate regulation and control of credit, financial micro institutions and other financial intermediaries.
Countries that use the currency: Democratic Republic of the Congo.
Name: CONGOLAIS FRANC
Bills: 1, 5, 10, 20, 25, 50 cents. 1, 5, 10, 20, 50, 100, 200, 500 F.
Coins: Cent = 1/100; 25, 50 cent. 1 F.
Issuing Agent: Central Bank of the Congo Web http://www.bcc.cd/