Equatorial Guinea uses the Central African CFA Franc, which is a common currency of several states in Central Africa.
Apart from the regular circulating coinage - which does not bear an inscription identifying a specific issuing country - the republic has also authorised some foreign mints to issue commemorative and bullion coins under its jurisdiction. These are typically in standard bullion sizes, such as one ounce of silver (abbreviated as 1 oz Ag, where "Ag" comes from the Latin word for silver, Argentum), and carry the legend and state symbols of Equatorial Guinea. The coins are legal tender in all member states of the Economic and Monetary Community of Central Africa (CEMAC: abbreviated from the French "Communauté Économique et Monétaire de l'Afrique Centrale").
Uniquely, the inscriptions are in Spanish, as Equatorial Guinea is the only Spanish-speaking country in the CFA zone (and, indeed, in the whole of Africa). |
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The reverse of the coin displays the Coat of Arms of the Republic of Equatorial Guinea, being a shield with a silk cotton tree at centre. Above the shield, six six-pointed stars, representing the mainland and the five main islands of the country.
On a ribbon below, the motto UNIDAD PAZ JUSTICIA ("Unity, Peace, Justice"). |
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