in Short
CFA Franc : advancing against the Ghanaian Cedi and Nigerian Naira
According to BCEAO data, the CFA Franc appreciated by 143.7% compared to currencies of other West African countries in March 2024. Particularly, it recorded increases of 238.7% and 16.7% respectively against the Ghanaian Cedi and Nigerian Naira. This significant rise reflects the stability and economic performance of the CFA zone.