The CFA franc devalues. The CFA franc was defined in terms of the French franc (FF) as

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The CFA franc devalues. The CFA franc was defined in terms of the French franc (FF) as CFA 50 = FF 1 from 1947 until 1994, when its value changed to CFA 100 = FF 1. Was the CFA devalued or revalued against the FF? By what percentage?

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