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.
Benin excites everybody's love for the mysterious and unfamiliar with its title, ‘the cradle of voodoo’ but it is hardly the place to visit for historical or architectural splendours.
Although its education system used not to be free, Benin has now abolished school fees and is carrying out the recommendations of its 2007 Educational Forum. In 1996, the gross primary enrollment rate was 72.5 percent, and the net primary enrollment rate was 59.3 percent.