New banknotes with the denominations of 500, 1000, 2000, 5000 and 10000 francs
An article published in Business in Cameroon on 7 October 2019 reported that the Banque des États de l’Afrique Centrale (Central African States Bank) was getting ready to release a new series of banknotes. This information was disclosed in Resolution N°7 during the regular meeting of the ministerial council of the Central African Monetary Union (UMAC) on 2 October 2019, held at the bank’s headquarters in Yaoundé, Cameroon. These new banknotes will replace the current ones that have been in circulation since 24 November 2003. Recently, on 22 November 2022, the new set of banknotes was unveiled and is scheduled to be launched on 15 December 2022.
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