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| Central African Republic currency 5000 francs banknote |
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| 5000 francs banknote |
Central African Republic banknotes, Central African Republic bank notes, Central African Republic paper money.
Obverse: African Market Scene. In the right corner shows a young African girl holding a paper with the words Customs Union "union douaniere". I think that this allegory represents a Customs and Economic Union of Central Africa. In the background - St. Anne's Basilica in Brazzaville, built in 1949 by Roger Erell, and known for its green tiled roof.
Reverse: Airplane, train crossing bridge and tractor hauling logs at center. Old African man smoking a pipe at right. African hand carved wood figurine at left.
Customs and Economic Union of Central Africa
The Customs and Economic Union of Central Africa (or UDEAC from its name in French, Union Douanière et Économique de l’Afrique Centrale), established by the Brazzaville Treaty in 1964, formed a customs union with free trade area between members and a common external tariff for imports from other countries. The treaty became effective in 1966 after it was ratified by the then five member countries — Cameroon, the Central African Republic, Chad, the Republic of Congo, and Gabon. Equatorial Guinea joined the Union on 19 December 1983. UDEAC signed a treaty for the establishment of an Economic and Monetary Community of Central Africa (CEMAC) to promote the entire process of sub-regional integration through the forming of monetary union with the Central Africa CFA franc as a common currency; it was officially superseded by CEMAC in June 1999 (through agreement from 1994).