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Equatorial Guinea Shopping & Equatorial Guinea Exchange Rate

 
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    Markets sell local produce such as beans, rice, fruit, vegetables, oil and bush meat as well as fabric and clothing in traditional African prints, hardware and local crafts. However, prices may not be much cheaper than at home because many goods have to be imported from the mainland. Expect to barter in the markets.

    Shopping hours
    Mon-Sat 0800-1300, 1600-1900.

    Currency Information:

    Currency
    CFA (Communauté Financière Africaine) Franc (CFAfr or XAF) = 100 centimes. Notes are in denominations of XAF10,000, 5,000, 1,000 and 500. Coins are in denominations of XAF500, 100, 50, 25, 10 and 5.

    Currency Exchange
    Equatorial Guinea is part of the French Monetary Area. Only currency issued by the Banque des Etats de l’Afrique Centrale (Bank of Central African States) is valid; currency issued by the Banque des Etats de l’Afrique de l’Ouest (Bank of West African States) is not. The CFA Franc is tied to the Euro. Foreign currencies are best exchanged at banks, of which, however, there are few. Receipts for currency exchange should be retained.

    Credit/Debit Cards and ATMs
    Equatorial Guinea has a strictly cash-only economy. Credit cards and cheques are not accepted. ATMs are not available.

    Traveller's Cheques
    Most businesses do not accept traveller’s cheques.

    Banking Hours
    Mon-Sat 0800-1200.

    Exchange Rate Indicators
    DateApr 07
    £1.00=XAF969.87
    $1.00=XAF490.65
    €1.00=XAF655.96



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