Equatorial Guinea Shopping & Equatorial Guinea Exchange Rate

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 (CFA 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.

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.

Currency Exchange
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.

Currency Restrictions
Restrictions apply.

Banking Hours
Mon-Sat 0800-1200.

Exchange Rate Indicators

Date	Jan 09
£1.00=	CFA693.85
$1.00=	CFA479.36
€1.00=	CFA655.96

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