http://travel-to-chad.blogspot.com/2011/10/money-exchange-for-chad-services-money.html
Money Exchange for Chad -Services - Money
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Currency information:
CFA (Communauté Financière Africaine) Franc (XAF) = 100 centimes. Notes are in denominations of XAF10,000, 5,000, 2,000, 1,000 and 500. Coins are in denominations of XAF250, 100, 50, 25, 10, 5 and 1.
Chad is part of the French Monetary Area. Only currency issued by the Banque des Etats de l'Afrique Centrale (Bank of Central African States) is valid; currency issued by the Banque des Etats de l'Afrique de l'Ouest (Bank of West African States) is not. The CFA Franc is tied to the Euro.
Credit cards:
Diners Club, MasterCard and Visa are accepted at two hotels in N'Djaména. It may not be possible to obtain cash advances at banks on credit cards.
Travellers cheques:
May be exchanged at one or two banks in N'Djaména. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Euros.
Banking hours:
Mon-Sat 0700-1300, Fri 0700-1030.
Currency restriction:
There are no restrictions on the import of local currency; visitors can export up to XAF10,000. There are no restrictions on importing foreign currency providing it is declared on arrival; up to the amount of foreign currency imported and declared can be exported.
Currency exchange:
It is advisable to bring US Dollars or Euros rather than Sterling into the country. CFA Francs can be difficult to exchange outside the French Monetary Area.
