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| Issuer | Banque Centrale des États de l'Afrique de l'Ouest |
|---|---|
| Year | 2003-2024 |
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| Composition | Cotton paper |
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|---|---|
| Obverse lettering | BANQUE CENTRALE DES ÉTATS DE L'AFRIQUE DE L'OUEST 5000 CINQ MILLE FRANCS CFA |
| Reverse description | Green and olive-brown on multicolour underprint with geometric guilloche borders. Central vignette of two waterbuck antelopes resting in open savannah grassland. 'BCEAO' appears vertically at centre right, with denomination '5000' and 'CINQ MILLE FRANCS CFA' below. |
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| Comments |
The CFA franc zone is one of the last surviving examples of a post-colonial monetary arrangement still fully operational — the BCEAO issues a single currency across eight West African nations, which means a note like this circulates from Dakar to Cotonou under identical legal tender status. The rotating signature pairs visible across this run reflect ministerial and gubernatorial turnover across multiple member states, not a single issuing government's political cycle.
Philippe-Henri Dacoury-Tabley's appearances here (2009–2010) bookend a period of significant institutional pressure on the franc zone following the 2008–2009 global downturn. José Mário Vaz, who signed the 2010 and 2011 dates as Guinea-Bissau's Finance Minister, later became that country's president in 2014.