Saturday, September 18, 2021

Money & Shopping in Mali

AfricaMaliMoney & Shopping in Mali

Mali uses the West African CFA franc (XOF). Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Niger, Senegal, and Togo all use it. While technically distinct from the Central African CFA franc (XAF), the two currencies are used interchangeably at par in all nations that utilize the CFA franc (XAF & XOF).

The French Treasury backs both CFA francs, which are linked to the euro at €1 = XOF655.957.

Mali has a plethora of excellent crafts. Different ethnic groups have their own distinct masks. Musical instruments, blankets, bogolas (a kind of blanket), silver jewelry, and leather items are also available. Jewellery, daggers, spears, swords, and boxes are among the silver and leather items made by the Touareg people. Purchasing some local music is also an excellent memento, since Mali is home to some of the world’s finest artists.