Currency

The Central African CFA franc (XAF) is the Central African Republic's national currency. It is subdivided into centimes, which are 100 smaller units. Credit cards are seldom accepted in CAR, which is predominantly a cash economy. In the nation, there are almost no ATMs. Money can only be exchanged readily in large towns such as Bangui and Berberati, and the procedure can be rather costly.

The French Monetary Area includes the Central African Republic. Credit cards are also not often accepted, with the exception of large hotels. There are no foreign ATMs in the country, and only a few businesses take major international credit or debit cards. Travelers are recommended to take traveler's checks in Euros to avoid extra exchange rate expenses. Despite this, commission rates can be rather substantial.

Importing foreign cash is not restricted as long as it is disclosed upon arrival. It is possible to export up to the amount that was imported and declared. There are no limitations on importing local currency from Benin (Rep.), Burkina Faso, Cote d'Ivoire, Mauritania, Niger, Senegal, or Togo. Importing local money from another country might cost up to XAF75,000 in total.