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500 Francs CFA

Issuer Banque Centrale des États de l'Afrique de l'Ouest
Year 2012-2025
Type Trial banknote
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Reverse lettering BANQUE CENTRALE DES ÉTATS DE L'AFRIQUE DE L'OUEST
500
CINQ CENTS FRANCS, CFA
BCEAO
LE GOUVERNEUR
LE PRÉSIDENT DU CONSEIL DES MINISTRES
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Protection description the BCEAO emblem visible when held to light; embedded security thread with microtext running vertically through the note.
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Comments

The CFA franc zone has operated under a fixed parity with the French franc — and since 1999 with the euro — a monetary arrangement that has generated persistent debate about fiscal sovereignty among the eight BCEAO member states. This 500-franc denomination is the lowest in the current series, and in daily commerce across the region it functions more as a transactional workhorse than a savings instrument, meaning circulated survivors in collectible condition are genuinely harder to find than the print runs suggest.

The rotating co-signatures are worth tracking: Tiémoko Meyliet Koné held the governorship throughout the full 2012–2017 run of P#219B, while five different vice-governors cycled through the counter-signature position — an unusually high turnover for a six-year window.

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