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CFA Francs (XOF)
The XOF is the official currency of Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, Togo, with the symbol FCFA.
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CFA Francs to US Dollars: Exchange rates today
XOF | USD |
|---|---|
| 1 XOF | 0.17 USD |
| 10 XOF | 1.74 USD |
| 20 XOF | 3.49 USD |
| 50 XOF | 8.74 USD |
| 100 XOF | 17.48 USD |
| 250 XOF | 43.70 USD |
| 300 XOF | 52.44 USD |
| 500 XOF | 87.41 USD |
| 1,000 XOF | 174.82 USD |
| 2,000 XOF | 349.65 USD |
| 5,000 XOF | 874.12 USD |
| 10,000 XOF | 1,751.52 USD |
USD | XOF |
|---|---|
| 1 USD | 5.61 XOF |
| 10 USD | 56.10 XOF |
| 20 USD | 112.21 XOF |
| 50 USD | 280.52 XOF |
| 100 USD | 561.05 XOF |
| 250 USD | 1,402.62 XOF |
| 300 USD | 1,683.15 XOF |
| 500 USD | 2,805.25 XOF |
| 1,000 USD | 5,614.39 XOF |
| 2,000 USD | 11,241.98 XOF |
| 5,000 USD | 28,104.97 XOF |
| 10,000 USD | 56,221.27 XOF |
Exchange rates are dynamic. Always remember to check the applicable rate in-app before carrying out your exchange.
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Learn more about the CFA Francs
History
The CFA Francs was established as the official currency of Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, Togo in 1945. Its introduction was a key development for the nation, and it continues to be a central part of the economic landscape of both Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, Togo and Africa. Check our guide about the evolution of XOF to USD to learn more about their exchange rate history.Characteristics
The CFA Francs is divided into Centime. You'll find CFA Francs banknotes in 500, 1000, 2000, 5000, 10000 francs and coins in 1, 2, 5, 10, 25, 50, 100, 200, 250, 500 francs.Monetary policy
The CFA Francs is managed by the Banque Centrale des États de l'Afrique de l'Ouest, which is responsible for the currency's monetary policy and currency's value. This approach allows the currency to fluctuate based on market conditions, while the central bank retains the ability to intervene to maintain stability and control inflation. This strategic management is crucial for supporting the economic growth and stability of Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, Togo.Currency exchange
The CFA Francs's value is pegged to the EUR, meaning it has a fixed exchange rate. This provides stability and predictability, making it a reliable currency for international business and trade.
Facts table for the CFA Francs (XOF)
| Currency name | CFA Francs | |
| Currency code | XOF | |
| Currency symbol | FCFA | |
| Minor unit | Centime | |
| Minor unit symbol | - | |
| Notes frequently used | 500, 1000, 2000, 5000, 10000 francs | |
| Coins frequently used | 1, 2, 5, 10, 25, 50, 100, 200, 250, 500 francs | |
| Central bank | Banque Centrale des États de l'Afrique de l'Ouest | |
| Users | Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, Togo |
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