Foreign exchange trading in the Central African Republic operates under the regulatory framework established by BEAC, which governs monetary policy for all six CEMAC member states including the Central African Republic. The CEMAC Regulation 02/18 on foreign exchange stipulates that all external transactions exceeding CFAF 1 million per month must comply with documentation requirements and proof of fund origins (1).
BEAC conducts the exchange rate policy for CEMAC countries and monitors compliance of external transactions with foreign exchange regulations through on-the-spot and documentary checks. The CFA Franc maintains a fixed parity with the Euro at 1 CFA Franc equal to 0.001524 Euro, and residents must transfer all foreign currency income received abroad to their domiciliary credit institution (1).
"In accordance with its Statutes, the BEAC conducts CEMAC's exchange rate policy. In this respect, it draws up the rules relating to the implementation of exchange rate policy and ensures that economic agents comply with the exchange regulations."
The International Monetary Fund emphasizes that full and transparent implementation of foreign exchange regulations remains critical for Central African Republic's economic stability. The IMF supports strengthening the regional surveillance framework and maintaining fiscal sustainability across CEMAC member states to preserve external balance and ensure consistent monetary cooperation within the Central African Economic Community (2).
Source:
https://www.beac.int/wp-content/uploads/2020/06/REGULATION_compressed.pdf
https://www.imf.org/-/media/Files/Publications/CR/2025/English/1caeea2025002-source-pdf.ashx
Last updated: 15-10-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
