The BCEAO issues commemorative silver on behalf of its eight member states — Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo — under a shared monetary union whose franc CFA is pegged to the euro at a fixed rate of 655.957, a parity inherited from the pre-1999 French franc arrangement. These collector issues carry legal tender status in all member states simultaneously, though none are intended for circulation.
KM#122 belongs to a modest run of wildlife-themed commemoratives produced for the international collector market in the mid-2010s, with Pobjoy Mint handling production for several related issues in the series.
The BCEAO issues commemorative silver on behalf of its eight member states — Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo — under a shared monetary union whose franc CFA is pegged to the euro at a fixed rate of 655.957, a parity inherited from the pre-1999 French franc arrangement. These collector issues carry legal tender status in all member states simultaneously, though none are intended for circulation.
KM#122 belongs to a modest run of wildlife-themed commemoratives produced for the international collector market in the mid-2010s, with Pobjoy Mint handling production for several related issues in the series.