BEAC opens exchange of old coins from 2 November 2026
The Bank of Central African States will exchange five old coin series at their face value from 2 November 2026, with daily limits for individuals and unlimited exchange for businesses.
The Bank of Central African States will exchange five old coin series at their face value from 2 November 2026, with daily limits for individuals and unlimited exchange for businesses.
The World Bank puts per capita growth at 0.6% against 3.2% for the economy as a whole, and says income per head remains about 20% below its mid-1980s level.
The Bank of Central African States has fixed 1 November 2026 as the date old coins lose legal tender status, with exchanges running until 31 October 2027. The brief of 19 October 2026 reported the timetable; the new material shows the timetable is already being enforced at shop counters.
The Bank of Central African States will stop exchanging coins issued between 1958 and 1985 after 31 October 2027, with a two-phase procedure starting on 1 November 2026.
The World Bank's Cemac economic barometer puts the number of Cameroonians below the $3 purchasing-power-parity threshold at more than 8.4 million in 2025, up from 7.1 million in 2021.
The BEAC coins from 1958, 1959, 1971, 1976 and 1985 lose legal tender status across the six CEMAC states on 1 November 2026. Holders have until 31 October 2027 to exchange them free of charge.