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CFA (Communauté Financiaire Africaine) Franc (XOF) = 100 centimes. Notes are in denominations of XOF10,000, 5000, 2000 and 1000. Coins are in denominations of
XOF500, 200, 100, 50, 25, 10, 5 and 1. Senegal is part of the French Monetary Area. Only currency issued by the Banque des Etats de l’Afrique de l’Ouest (Bank of West African States) is valid; currency issued by the Banque des Etats de l’Afrique Centrale (Bank of Central African States) is not. The CFA Franc is tied to the Euro.
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Import of local currency is unlimited; import of foreign currency is unlimited but subject to declaration. Export of local
currency is restricted to XOF20,000. Export of foreign currency is limited to XOF50,000; for amounts exceeding this, the declaration
issued on arrival must be presented.
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