What does CFA mean in senegalese?

In Senegal, CFA refers to the "Franc de la Communauté Financière Africaine," which is the currency used in several West and Central African countries. The CFA franc is pegged to the euro and is issued by two different central banks: the BCEAO for eight West African countries and the BEAC for six Central African countries. The currency plays a significant role in facilitating trade and economic stability within the region.