Share |
Home
Africa
Asia
Australasia
Caribbean
Europe
Middle East
North America
South America
Mobile Site
LOCAL CURRENCY IN DR CONGO

Would you like to know name of the currency in DR Congo? The local money in DR Congo is called Franc.

The Congolese Franc is issued and managed by the Central Bank of the Congo. To find out the current currency exchange rates for franc to other major currencies of the world, click on foreign currency rates.

Congolese Currency Information
Currency Converter

The currency used in DR Congo is called as the Franc. This currency is denoted with the currency sign FC and the ISO 4217 Code for the Congolese Franc is CDF. The Franc, is the official currency of the DR Congo . It is divided into 100 smaller units called centime.

The constitution of DR Congo provides that the DR Congo government shall have the power to print the Congolese Franc and centime coins to be used as a legal tender in DR Congo. The Congolese Franc bank notes and Centime coins are both designated as "legal tender" in payment of debts.

The Congolese Franc bill uses the decimal system, consisting of 100 equal units.

The symbol FC, usually written before the numerical amount, is used for the Congolese Franc.

Currently printed bank notes denominations are 1, 5, 10, 20, 50, 100, 200, 500 francs and the coins are minted in the denominations of 1, 5, 10, 20, 50 centimes .

FEATURED VIDEO
INTERNATIONAL AIRLINES
* Airlines Worldwide
* Aerofloat flights
* Air France flights
* American flights
* British Airways flights
* Emirates flights
* Iberia flights
* KLM flights
* Lufthansa flights
* Malaysian flights
* Singapore flights
* Thai Airways flights
* United Airlines flights
USEFUL LINKS
How Does Balance of Trade and Investment Affect the Value of the Congolese franc
Financial analysts regularly cite the balance of trade and investment in DR Congo as the most important influence on the value of the Franc. The difference between what the DR Congo exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Franc exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Franc exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Congolese Franc.
©Currencyname.com
2017

Home | About Us | Contact Us | Partnership | Privacy | Disclaimer | Sitemap |
Website Hosted by
Business Web Hosting Company