Franc Zone (FZ)

What is Franc Zone (FZ)?

Franc Zone (FZ) meaning

note – also known as Conference des Ministres des Finances des Pays de la Zone Franc

 

established – 1964

 

aim – to form a monetary union among countries whose currencies were linked to the French franc

 

members – (16) Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Comoros, Republic of the Congo, Cote d’Ivoire, Equatorial Guinea, France, Gabon, Guinea-Bissau, Mali, Niger, Senegal, Togo

 

 

reference: The World Factbook 2017. Washington, DC: Central Intelligence Agency, 2017. https://www.cia.gov/library/publications/the-world-factbook/index.html