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Sunday, October 16, 2011

Money Exchange for Niger -Services - Money



Currency information:

CFA (Communauté Financière Africaine) Franc (XOF; symbol CFA) = 100 centimes. Notes are in denominations of CFA10,000, 5,000, 2,500, 2,000 and 1,000. Coins are in denominations of CFA500, 250, 200, 100, 50, 25, 10, 5 and 1. Niger is part of the French Monetary Area.

Only currency issued by the Banque des Etats de l'Afrique de l'Ouest (Bank of West African States) is valid; currency issued by the Banque des Etats de l'Afrique Centrale (Bank of Central African States) is not. The CFA Franc is tied to the Euro.
Credit cards:

Niger has a cash-based society with no ATMs. Diners Club and MasterCard are accepted on a very limited basis.
ATM:

Niger has a cash-based society with no ATMs.
Travellers cheques:

Accepted by banks, as well as some hotels, restaurants, shops and airline offices. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Euros.
Banking hours:

Mon-Fri 0730-1100 and 1530-1730.
Currency restriction:

The import of local and foreign currency is unrestricted. Export of local currency is limited to XOF25,000. The export of foreign currency is unlimited.
Currency exchange:

Currency can be exchanged at the airport as well as at main banks and hotels.