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Definitions from the WebBenin FrancDescription:The Benin Franc is the official currency of Benin, a country located in West Africa. It is abbreviated as XOF, derived from its French name, "franc des colonies françaises d'Afrique." The currency is managed and issued by the Central Bank of West African States (BCEAO). Senses and Usages:Sense 1:Noun - Currency 1. The official currency of Benin. 2. The monetary unit used in various transactions within Benin and accepted by local businesses. 3. The Benin Franc is subdivided into 100 centimes. 4. It features banknotes in various denominations such as 500, 1000, 2000, 5000, and 10,000 francs. 5. The use of Benin Franc is common among locals and tourists alike. Sample Sentence:"I exchanged my dollars for Benin Francs at the airport." Sense 2:Noun - Collectible Currency 1. Archived or limited edition Benin Franc banknotes, coins, or numismatic items. 2. Collectors and enthusiasts may seek out unique or rare Benin Franc pieces. 3. These collectibles hold historical and cultural significance. Sample Sentence:"The rare Benin Franc coin from the 1970s attracted significant attention at the auction." Sense 3:Adjective - Associated with Benin Franc 1. Referring to anything related to the currency or its use. 2. Characteristic of financial transactions within Benin. 3. Pertaining to the economy and money exchange in Benin. Sample Sentence:"He earned a good amount of money due to his benin franc business." Related Products: | ||||
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