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50 Francs CFA magnetic

Issuer Banque Centrale des États de l'Afrique de l'Ouest (BCEAO)
Year 2012-2023
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Currency CFA franc (1958-date)
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Obverse script Latin
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Edge Reeded
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Additional information

The BCEAO's switch to nickel-plated steel for this denomination was driven by the sustained rise in global nickel prices through the 2000s, which made solid nickel coinage economically untenable for a monetary union whose member states rank among the world's lowest per-capita income economies. The magnetic properties that distinguish this type from earlier issues are the simplest field test for attribution.