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Currency in Chad

In Chad, the American dollar is strong against the local currency, the Central African franc (XAF). With a budget of $100,000, equivalent to about 48 million francs, efforts are underway to establish a new educational facility. Essential allocations include operating expenses, wages, and academic supplies. Volunteers will play a key role by helping set up the facility and ensuring it runs smoothly until it becomes self-sustaining. However, challenges such as high crime rates in the region may deter attendance and pose risks for volunteers and students.

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Currency in Chad

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  1. Currency in Chad • American Dollar strong in Chad • Chad’s currency – Cooperation Financiere en AfriqueCentrale francs (XAF) • Budget of $100,000 is equal to about 48,000,000 francs • Monthly minimum wage in Chad is equal to about $60

  2. Budget Overview • Budget allocated between: • Purchase of facility • Wages for employees • Academic materials and supplies • Operating expenses

  3. Volunteer Aid • Volunteers will provide aid in: • Establishing the facility • Acquiring supplies • Running the University until it is self-sustaining

  4. Obstacles • There is a high level of crime and violence in Chad • This presents danger to volunteers and students • People will be hesitant to attend due to high level of violence in cities

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