Thoughts?

Thoughts?

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What will they call it?

"West African Dollar"

Frogoids on suicide watch

but the euro barely works

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what's the point of a singular currency across many countries desu

It wont happen
Mark my words

West african currency organization.
Or simply the Waco

>implying French will let that happen

Wake the fuck up

An African trade agreement was already signed a month back.

who the fuck even goes to these countries other than becky anderson?

Is it going to be backed by something? I wouldn't trust Africans to manage fiat.

Most countries have their own currency and many currencies in general are backed by something like the usd, oil or some other shit unless you are batching about currency manipulation which is pretty irrelevant.

Africans have a history of monetary mismanagement. If they back it by gold or something they can get around that problem.

Two years ago, Gambia and Senegal were at war and now they want to have a shared currency?! How can two enemy countries develop such a close partnership in just two years?

Please some explain this.

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Maybe they were at war just for fun

By the way:

face2faceafrica.com/article/roadmap-ready-for-a-single-west-african-currency-in-2020

unironically wish them the best

Which many already do user. It's a pretty big continent. See what was said before, every currency us backed by something

Also I dint know why you are so peculiar about Africans doing this.

ironically wish them the best

What country uses a commodity backed currency? Like all Western currencies are currently backed by nothing.

They were only at war to remove a president.

nooooo wtf what about our Franc

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Nog-lar

Many were pegged to gold and silver and for Canada During the period of 1933 to 1970 the Canadian Dollar was left to either float freely in foreign exchange markets or was left to be pegged to the US Dollar; since 1970, however, the Canadian Dollar’s currency value has been floating. Nonetheless our dollar is extremely close to the usd sue to our ties to the USD

Nowadays currencies are fiat but

people involved with mineral extraction (including uranium and oil) and chocolate production

Part of the USD's value is that the USA is the world's largest oil refiner. We import oil just to export it again after processing (this is why "energy independence" is nothing but a meme here).