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What is the Congolese franc (CDF)?

April 26, 2017CDF congolese franc

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What is the Congolese franc (CDF)?

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The Congolese franc, also denoted by CDF, is the official currency of the Democratic Republic of Congo. The franc was introduced in 1997, replacing the old currency, the new Zaire. The Congolese franc is subdivided by 100 centime with 1, 5, 10, 20, and 50 cent coins; however these coins are hardly in use anymore. The banknotes that are used are similar to those used with the US dollar with the addition of a 200 franc and 500 franc notes.