The Voodoo Festival popularly known as the National Voodoo Dayis the major festival in Benin that attracts thousands of followers to Ouidah. The festival is held in January every year at a beach and people in colourful local dress dance, drum and pray while animals are slaughtered in rituals.
CFA (Communauté Financière Africaine) Franc (XOF) = 100 centimes. Notes are in denominations of XOF10,000, 5,000, 2,000 and 1,000. Coins are in denominations of XOF500, 200, 100, 50, 25, 10, 5 and 1. Benin is part of the French Monetary Area.
Politics of Benin takes place in a framework of a presidential representative democratic republic, whereby the President of Benin is both head of state and head of government, and of a multi-party system.