NIGERIAN CURRENCY (NAIRA) VERSUS CAMEROON CURRENCY (FRANCS CFA) Many times we tend to wonder what are the differences between the Naira and FCFA. Apart from the difference in their names (NAIRA AND FRANCS CFA) what else is the difference between naira and FCFA?. In this article, we will look the differences between Nigerian money (Naira ₦) and the Cameroon money (francs cfa) based on conversion rates between naira and francs, Value of currency (purchasing power of naira vs fcfa), which (Naira or FRS) has a higher purchasing power and more COMPARING NAIRA AND FCFA 1. BANKNOTES Naira has 8 bank notes as follows: ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000 while FCFA has the 5 bank notes as follows: 500frs, 1000frs, 2000frs, 5000frs,10000frs. 2. COINS Naira has 3 types of coins which are:50 kobo, ₦1, ₦2 while FCFA has 4 types of coins which are: 25frs, 50frs, 100frs, 500frs 3. CURRENCY USED IN Naira is used in Nigeria while FCFA is used in 10 countrie...