Central African CFA Franc

M2 money supply, indexed to 2001 = 100

Every line goes up — that’s the point. Angle of attack tells the story.

All series matched through 2018; some central-bank sources lag a year or two.

Log scale

USDEURJPYGBPCNYCHFCADAUDINRBRLXAF

XAF highlighted against the top 10 reserve currencies — M2 broad money, indexed to 2001 = 100. XAF series: World Bank (FM.LBL.BMNY.CN), as of 2018.

Central African CFA Franc M2 money supply

Broad money in XAF (cash + deposits + close substitutes), annual back to ~1960 via World Bank FM.LBL.BMNY.CN. Log scale auto-engages for hyperinflation outliers.

53 data points · annual granularityLog scale

Central African CFA Franc inflation history

Annual CPI YoY since 1969 — World Bank consumer price index for CEMAC bloc. Inflation volatility is one of three inputs into the Money2069 sound-money score.

Frequently asked questions

Who issues the Central African CFA Franc?+

The Central African CFA Franc (XAF) is issued by Banque des États de l'Afrique Centrale. As the monetary authority for CEMAC bloc, it sets policy interest rates, manages foreign reserves, and controls the money supply.

What is the inflation rate of the Central African CFA Franc?+

Latest available consumer price inflation for the Central African CFA Franc: 3.40% YoY (2025). Source: World Bank annual series (FP.CPI.TOTL.ZG). Daily-refreshed historical chart on this page.

Has the Central African CFA Franc been debased?+

Every fiat currency loses purchasing power over time as central banks expand the money supply. M2 has grown by approximately 135% over the past decade. Combined with cumulative inflation, this is the gap between XAF as accounting unit and XAF as a store of value.

Is the Central African CFA Franc sound money?+

On the Money2069 0–100 sound-money scale, the Central African CFA Franc currently scores 76.7. The score weights inflation volatility, 10-year money-supply growth, and 1-year FX stability. Higher = closer to sound. No fiat scores 100 because no fiat has zero issuance.

How does the Central African CFA Franc compare to gold or the US dollar?+

Use the table on the listing page to sort all 138 tracked currencies by inflation, 10-year M2 change, or M69 score. Pegged currencies (USD-pegged dirham, riyal, etc.) inherit the dollar's debasement profile; floating currencies tell their own story.

How often is this data updated?+

We pull fresh exchange rates daily from Frankfurter (ECB-sourced), with Exchange Rate API covering currencies the ECB doesn't quote, and refresh the inflation series from the World Bank. The page is statically rendered with 24-hour ISR. Source data is publicly accessible via our /api/v1/currencies endpoints.

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