Banknotes of Equatorial Guinea

The official currency of Equatorial Guinea is the Central African CFA franc (XAF), issued by the Bank of Central African States (BEAC). Paper money was first introduced in Equatorial Guinea around 1973, coinciding with its independence from Spain. A noteworthy event in the currency's history occurred in 1985 when the government undertook a monetary reform that included the introduction of new banknotes featuring updated designs. Collectors often focus on the banknotes from Equatorial Guinea due to their vibrant colors and intricate designs. The 2008 series showcases images of key national landmarks and historical figures, reflecting the country’s contemporary identity. Additionally, some banknotes feature local wildlife, adding an appealing element for nature enthusiasts and collectors alike.