in Short
The CFA franc reaches an all-time high against the Nigerian naira
![](https://africa-news-agency.com/wp-content/uploads/2024/02/FCFA-et-NAIRA-1-780x470.jpg)
The CFA franc has reached a record high against the Nigerian naira, surpassing 2.45 naira to 1 XOF. This rise raises questions about economic competitiveness between CFA zone countries and Nigeria, and could have implications for trade and financial flows between the two regions.