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500 Francs
| Issuer | Institut d'Émission de l'Afrique Équatoriale Française et du Cameroun |
|---|---|
| Year | 1957 |
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| Composition | Cotton paper |
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|---|---|
| Obverse lettering | INSTITUT D'EMISSION DE L'AFRIQUE ÉQUATORIALE FRANÇAISE ET DU CAMEROUN CINQ CENTS FRANCS LE DIRECTEUR GÉNÉRAL LE PRÉSIDENT (Translation: Institute of Emission of French Equatorial Africa and Cameroon / Five Hundred Francs / The Director General / The President) |
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| Protection description | Bacongo girl's head |
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| Comments |
The Institut d'Émission de l'Afrique Équatoriale Française et du Cameroun was established in 1955 as France began restructuring its monetary arrangements in equatorial Africa ahead of decolonization — a process that would render this issuing authority obsolete within a few years. The 500 Francs P#33 belongs to a transitional window between the older Caisse Centrale de la France d'Outre-Mer issues and the post-independence BEAC system that followed.
Printed by the Banque de France in Paris, these notes circulated across a currency zone spanning Chad, Gabon, the Central African Republic, the Republic of the Congo, and Cameroon simultaneously. The CFA Franc peg to the French franc was fixed at 1:2 at the time of issue.