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500 Francs
| Issuer | Bank of Central African States (BEAC) |
|---|---|
| Year | 2020 |
| Type | Log in to see details |
| Value | 500 Francs CFA 500 XAF = RSD 89 |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | REPUBLIQUE DU CAMEROUN 60 ANS DE L'INDEPENDENCE |
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| Reverse lettering | Log in to see details |
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| Additional information |
The BEAC issues currency across six member states of the Central African Economic and Monetary Community — Cameroon, Central African Republic, Chad, Congo, Equatorial Guinea, and Gabon — all sharing a single currency pegged to the euro at a fixed rate inherited from the old French franc arrangement formalized in 1945. The 500-franc denomination has long been a workhorse in the region, where banking infrastructure remains sparse and cash transactions dominate even commercial exchange.
The shift to nickel-plated steel for this denomination reflects persistent pressure to cut production costs as metal prices climbed through the 2010s.