Central African States 500-FRANCS (KM12)¶
-
Reverse GIANT ELAND
-
Obverse African woman
- Composition
- Copper-Nickel
- Country
- Central African States
- Approx. Size
- 28mm
- Area
- Africa
- Animal Class
- Mammals
- Species
- Giant Eland
- KM#
- 12
The 'E' on the bottom of the obverse (just to the right of the date) indicates that this piece was issued for Cameroon, but it could freely circulate among the other member countries of the Central African States. The objective was to track how the coins circulated, but the practice was dropped in 1996 as it didn't really tell them anything.
Central African States¶
- Area
- Africa
The Economic Union of Central African States is a monetary union of countries in Central Africa. Members include Cameroon, Central African Republic, Chad, Republic of Congo, Equatorial Guinea, and Gabon. The union traces its history back to 1960, and the formation of the Equatorial African States which was a customs union. In 1966, an expanded version called the Central African Customs and Economic Union went into effect. In 1974 the Central Bank of the Equatorial African States changed its name to the Bank of the Central African States.The flag shown here is actually the African Union flag, of which all the countries of the Central African States are members.
