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The Faroese Kr贸na (FOK) is the official currency of the Faroe Islands, an autonomous territory within the Kingdom of Denmark. It is used exclusively within the islands and is pegged to the Danish Krone (DKK), providing stability and consistency in its value.
The CFA Franc BCEAO (XOF) is the currency used by eight West African countries that are part of the West African Economic and Monetary Union (WAEMU). It is issued by the Central Bank of West African States (BCEAO) and is pegged to the Euro, ensuring stability in exchange rates and promoting economic cooperation among member states.