CHW to CDF

CHW - WIR Franc (CHW)
CDF - Congolese Franc (FC)
1 CHW1 CDF

Currency conversion rates from CHW to CDF

CHWCDF
1 CHW1 CDF
5 CHW5 CDF
10 CHW10 CDF
20 CHW20 CDF
50 CHW50 CDF
100 CHW100 CDF
250 CHW250 CDF
500 CHW500 CDF
1000 CHW1000 CDF
2000 CHW2000 CDF
5000 CHW5000 CDF
10000 CHW10000 CDF
CDFCHW
1 CDF1 CHW
5 CDF5 CHW
10 CDF10 CHW
20 CDF20 CHW
50 CDF50 CHW
100 CDF100 CHW
250 CDF250 CHW
500 CDF500 CHW
1000 CDF1000 CHW
2000 CDF2000 CHW
5000 CDF5000 CHW
10000 CDF10000 CHW

CDF - Congolese Franc (CDF)

Congolese Franc

The official currency of the Democratic Republic of Congo is the Congolese Franc (CDF). The symbol for the Franc is FC. The Franc is subdivided into 100 centimes. There were two editions of the Franc; the second edition is the new Congolese Franc.

The Franc Congolais is the currency in Congo (CD, COD). The Franc Congolais is divided into 100 centimes. The exchange rate for the Franc Congolais was last updated on May 24, 2019 from Yahoo Finance. The CDF conversion factor has 5 significant digits.

Economy

  • The Democratic Republic of Congo has a vast amount of mineral and other natural resources. The estimated value of the untapped raw material is +/- 24 trillion USD.
  • Agriculture accounts for 57% of the GDP. Products of the agriculture industry are rubber, tea, cotton, sugar, palm oil, and coffee.
  • The Congo relies on the mining industry.
  • The main industries are consumer products, mining, cement, and commercial ship repair.
  • Export products are crude oil, wood products, coffee, copper, gold, diamonds, and cobalt.
  • Import products are transportation equipment, mining and other machinery, and food.
  • There is a lot of economy activity in the informal sectors that is not included in the GDP.
  • The first and second wars that took place in the 1960s negatively impacted the economy.
  • The government is establishing economic zones to help get the industrial sector started.

History

  • The first Franc was introduced in 1887. It had the same value as the Belgian Franc.
  • In 1916, the Congolese Franc also circulated in the countries of Burundi and Rwanda; however, they later issued their own Franc.
  • In 1967, Congo declared independence and the Franc was replaced with the Zaire at 1,000 Francs = 1 Zaire.
  • In 1997, the Franc was re-introduced and the Zaire was eliminated. The exchange rate was 100,000 new Zaires = 1 Franc.
  • In 2010, the Central Bank printed commemorative notes to celebrate the 50th anniversary of the country’s independence from Belgium.

More information about CDF - Congolese Franc (CDF)


CHW - ()

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