50 Francs

The BEAC issues coinage on behalf of six member states — Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon — all of whom share the CFA franc under a monetary union whose peg to the French franc, and later the euro, has been politically contested for decades. Critics within member states have long argued the arrangement, which requires half of foreign exchange reserves to be deposited with the French Treasury, constrains economic autonomy. The 50-franc denomination has circulated across this bloc with no country-specific identification on the coin itself.