Tags: Currency.
The ekwele or ekuele was the currency of Equatorial Guinea between 1975 and 1985. Although nominally divided into 100 céntimos no subdivisions were issued. The name ekuele (plural the same) was used until 1979 whilst ekwele (plural bipkwele) was used after.The ekuele replaced the peseta guineana at par whilst the ekwele was replaced by the Central African CFA franc (written franco on Equatorial Guinean coins and banknotes) at a rate of 1 Franco = 4 bipkwele.