Foreign exchange operations in Chad are governed by the Bank of Central African States (BEAC), which implements the CEMAC Regulation 02/18 on foreign exchange applicable across all six Central African states. BEAC conducts exchange rate policy for the region and monitors compliance with foreign exchange regulations through documentary and on-the-spot checks of authorized intermediaries and economic agents (1).
The CFA Franc is pegged to the Euro at a fixed rate, and Chad participates in the monetary union alongside Cameroon, Central African Republic, Congo, Equatorial Guinea, and Gabon. BEAC advanced enforcement of foreign exchange regulations in 2024, working with the Banking Commission of Central Africa to ensure economic operators comply with repatriation requirements and transfer procedures through authorized banking channels (2).
"BEAC also advanced the enforcement of the FX regulations. BEAC and the Banking Commission of Central Africa remained engaged with banks structurally dependent on BEAC's refinancing, ensuring they submit credible refinancing plans."
The International Monetary Fund approved a 48-month Extended Credit Facility arrangement for Chad in July 2025 totaling $625 million to support economic reforms and address balance of payment needs. The program aims to improve governance and business climate while maintaining fiscal sustainability, with continued emphasis on compliance with regional foreign exchange regulations (2).
Source:
https://www.beac.int/wp-content/uploads/2020/06/REGULATION_compressed.pdf
https://www.imf.org/en/News/Articles/2025/02/26/pr-2546-cemac-imf-concl-ann-discussions-cemac-common-policies-support-memb-countries-ref-progs
Last updated: 15-10-2025 Disclaimer: This article does not provide legal advice. If you need legal advice, please contact an attorney directly.
