Burkina Faso issues coinage through the Banque Centrale des États de l'Afrique de l'Ouest, the regional central bank governing the eight-nation West African Economic and Monetary Union. The franc CFA itself was pegged to the French franc at a fixed rate from 1948 until 1994, when France devalued it by 50% in a single overnight decision — the most disruptive monetary event in francophone West Africa in the postwar period. Coins circulate across all BCEAO member states regardless of which country's name appears on the face.
Burkina Faso issues coinage through the Banque Centrale des États de l'Afrique de l'Ouest, the regional central bank governing the eight-nation West African Economic and Monetary Union. The franc CFA itself was pegged to the French franc at a fixed rate from 1948 until 1994, when France devalued it by 50% in a single overnight decision — the most disruptive monetary event in francophone West Africa in the postwar period. Coins circulate across all BCEAO member states regardless of which country's name appears on the face.