Affaire de monnaie en Côte d'Ivoire. Voici pourquoi vous n'en trouvez plus

In Côte d'Ivoire, the issue of small change is really problematic. No matter what you want to buy or do, in many cases in Côte d'Ivoire you will be told "there is no change". This lack of money has in fine fixed the minimum price of certain products and services. Provided you have the change, you will always suffer this increase. For example, you can no longer transfer a unit for more than 200f, so if you have 500f, you should do it for 300f. This situation will be the same if you want to borrow a cab and you only have 500f as small change. So, don't even think about it when you want to buy doughnuts for 100f.

Why does this situation, which causes so much inconvenience to Ivorians, persist? Are there not many coins in circulation? Basically, why is it so complicated to find money in Côte d'Ivoire?

Affaire de monnaie en Côte d'Ivoire. Voici pourquoi vous n'en trouvez plus

Let us discover together the causes of this problem of currency.

It is necessary to know that this situation of '' shortage '' is to put in the asset obviously of the tradesmen.

 

It is well known that the rate of banking in Africa is very low, despite the fact that mobile money has partly solved this problem, some still use the old method. They "make boxes" or "put money in boxes", boxes being devices, comparable to safes, they are made of various materials (wood, metal). They allow to save money and are mainly destined to coins. This practice blocks the circulation of money, causing at the same time its rarefaction.

Affaire de monnaie en Côte d'Ivoire. Voici pourquoi vous n'en trouvez plus

In addition, this lack of money has another cause which is the retention of money by traders. It results from the fact that each merchant wants to keep the change so as not to lose a customer who would make an important purchase because of the change. So if all merchants operate according to this principle, you can understand that no change can be found anywhere.

Another phenomenon that is becoming more and more widespread is the sale of change. Indeed, some people have found in this situation of shortage an excellent opportunity to make money through the sale of money! Thus, to get some money, you have to agree to pay a sum of 200f, 300f, 500f etc., all being a question of the sum you want to "break". So why give away for free something that can bring you money?

Until a solution is found, Ivorians continue to suffer the inconvenience of this phenomenon!

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