Burkina Faso / 1 Products

Formerly known as the Republic of Upper Volta, the landlocked country of Burkina Faso is neighbored by Mali, Niger, Togo, Benin, Ghana, and Ivory Coast. The country’s name means the Land of the Honest Men. 

Its currency, the West African CFA franc issued by the Central Bank of West African States, is also the currency used by the West African Economic and Monetary Union member states, namely, Benin, Guinea-Bissau, Niger, Mali, Cote d’Ivoire, Senegal, and Togo. Though subdivided into 100 centimes, there were no centime-denominated coins or banknotes issued. 

In 1945, the CFA franc was introduced to the French colonies in West Africa. Aluminum 1 and 2 franc coins were issued in 1948. Subsequently, in 1956, the coinage expanded with the introduction of aluminum-bronze denominations, including 5, 10, and 25 francs, bearing the inscription  "Afrique Occidentale Francaise" and featuring the profile of Marianne.

Starting in 1959, the bust of Marianne on the obverse of the coins was replaced with a gazelle on one side and the Central Bank of West African States emblem on the other. 

In 1967, a 100-franc nickel-steel coin was issued, followed by the issuance of copper-nickel 50 franc coins in 1972, both featuring the central bank emblem. In 1976, a stainless steel 1-franc coin was issued, replacing the larger aluminum 1 franc coin, and this new denomination remained in circulation until 1995.

In 1992, a bimetallic 250 franc coin was introduced with the aim of reducing excess change. These coins were discontinued after 1996 due to its unpopularity in many regions. In 2003, new bimetallic 200 and 500 franc coins were introduced, replacing smaller denomination notes. 

In contrast to certain coins of the Central African CFA franc, none of the current circulation coins display the names of individual member states, nor do they incorporate any letters or distinguishing marks. Instead, all CFA coins uniformly feature both a mint mark  on the reverse on the left side and an engraver's privy mark on the right side.

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