Code MLF Symbol MAF | 1/100 centime User(s) Mali | |
Banknotes 50, 100, 500, 1000, 5000, 10,000 francs Coins 5, 10, 25, 50, 100 francs | ||
The Malian franc was the independent currency of Mali between 1962 and 1984. Although technically subdivided into 100 centimes, no subdivisions were issued.
Contents
History
Until 1962, Mali used the West African CFA franc. The Malian franc was introduced that year at par with the CFA franc but later declined in value relative to it. In 1984, Mali readopted the CFA franc, with 2 Malian francs = 1 CFA franc.
Coins
In 1962, aluminium coins were issued (dated 1961) in denominations of 5, 10 and 25 francs. A second issue of aluminium-bronze was issued between 1975-1977 in denominations of 10, 25, 50 and 100 francs coins.
References
Malian franc Wikipedia(Text) CC BY-SA