The Franc Zone (FZ) was established in 1964 to form a monetary union among countries whose currencies were linked to the French franc.
FZ members are Benin, Burkina Faso, Cameroon, Central African Republic, Chad, Comoros, Republic of the Congo, Cote d’Ivoire, Equatorial Guinea, France, Gabon, Guinea-Bissau, Mali, Niger, Senegal, and Togo.