This CFA franc originates in Benin.  The country code on the front of the banknote, top right corner and lower left, indicates this.  The country codes are as follows: A – Ivory Coast; B – Benin; C – Burkina Faso; D – Mali; H – Niger; K –  Senegal; T – Togo; S Guinea-Bissau.

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The first two digits of the serial number indicate the year the banknote was issued.  This banknote was issued in 1994.

The CFA franc began on December 26, 1945.

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1. West African CFA franc Wikipedia
2. A Brief History of the CFA franc, African Business Magazine