I'm really excited about these moves. Countries moving from a currency that can be printed by another to a currency with a cap is a major move for independence

I'm really excited about these moves. Countries moving from a currency that can be printed by another to a currency with a cap is a major move for independence in those nations. If your currency can be printed by another, you're a tributary nation. https://en.wikipedia.org/wiki/West_African_CFA_franc https://en.wikipedia.org/wiki/West_African_CFA_franc > The currency was pegged to the French franc at 1 XOF = 2 French francs from 1948, becoming 1 XOF = 0.02 FRF after introduction of the new franc at 1 FRF = 100 old francs. In 1994 the currency was devalued by half to 1 XOF = 0.01 FRF. From 1999 it has since been pegged to the euro at €1 = 6.55957 FRF = 655.957 XOF. Also, I miss when monetary inflation literally meant removing precious or even more expensive commodity metals from coinage. Was a bit more obvious when money printer go brrrr then. https://en.wikipedia.org/wiki/French_franc https://en.wikipedia.org/wiki/French_franc > Following the war, rapid inflation caused denominations below 1 franc to be withdrawn from circulation while 10 francs in copper nickel were introduced, followed by reduced size 10-franc coins in aluminium-bronze in 1950, along with 20 and 50-franc coins of the same composition. In 1954, copper-nickel 100 francs were introduced.[citation needed] > In the 1960s, 1 and 2 (old) franc aluminium coins were still circulating, used as "centimes".[citation needed] New franc > In 1960, the new franc (nouveau franc) was introduced,[29] worth 100 old francs. Stainless steel 1 and 5 centimes, aluminium-bronze 10, 20, and 50 centimes, nickel 1 franc and silver 5 francs were introduced. Silver 10-franc coins were introduced in 1965, followed by a new, smaller aluminium-bronze 5-centime and a smaller nickel 1⁄2-franc coin in 1966.[citation needed]