Also found in: Dictionary, Thesaurus, Wikipedia.
The former currency of Mali. It was issued in 1962, replacing the West African CFA franc at a one-to-on ratio. The Malian franc was a weak currency. In 1984, Mali adopted the CFA franc again at a ratio of two Malian francs to one West African CFA franc.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved