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1000 Francs

Issuer Bank of Central African States (BEAC)
Year 2020
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Value 1000 Francs CFA 1000 XAF = RSD 179
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Obverse lettering REPUBLIQUE GABONAISE
60 ANS DE L'INDEPENDENCE
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Mintage 2020
Additional information

The BEAC 1000 Franc coin was introduced as part of a broader push toward bimetallic circulation coinage in the six-member Central African Economic and Monetary Community — Cameroon, Central African Republic, Chad, Congo, Equatorial Guinea, and Gabon. Coordinating a single circulating coinage across that many sovereign states, several of which have experienced coups or active armed conflict within the past decade, is no small administrative feat. The CFA franc zone itself is a direct inheritance of the French colonial monetary system formalized in 1945.