Our currency rankings show that the most popular Communauté Financière Africaine (BCEAO) Franc exchange rate is the USD to XOF rate.

XOF. XOF is the currency code for West African CFA Franc, which is the official currency of Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo. The CFA Franc is the currency of Communauté Financière Africaine (BCEAO). XOF is considered to be a restricted currency, which implies an inherent limitation to the tradability of this currency. 1 Conventions internationales. IMF Country Report No. Coins were made from aluminum and bronze and came in denominations of 50 centimes and 1 franc. During this time, they were led by a heavily scarred assassin known by the codename of "Skull Face." The ISO currency code of the CFA Franc (BCEAO) is "XOF" and its symbol is "FCFA". Some see this as a way to keep the currency stable while other see it as limiting the economic independence of the West African nations that are involved. The currency is shared between eight West African states that form the African Financial Community.

More CFA Franc info > The central bank in the regional States issues the West African CFA franc in various forms and values. The West African CFA Franc (XOF) is the currency shared by eight West-African nations: Benin, Burkina Faso, Ivory Coast, Guinea-Bissau, Mali, Niger, …

The symbol for West African CFA Franc is CFA.Updated at 22:00 on Tuesday, 1 September, 2020 UTC.The exchange rates on Currency World are midrates, and must not be taken as financial advice. Currency. Currency.

Le taux de change pour Le Franc CFA Ouest Africain a été pour la dernière fois mis à jour le 30 août 2020 par le Fonds Monétaire International.

Fund transfers in this currency are not allowed outside of the West African States. Below, you'll find CFA Franc rates and a currency converter. Convert CFA Franc 1 CFA Franc ... Currency Symbol: FCFA; Most Popular Conversion: XOF to USD; Minor Unit: centime; The CFA Franc (BCEAO) Currency Profile For customized currency rate conversions to other foreign currencies, use the CFA Franc (BCEAO) calculator above.

The currency code for Dollars is USD, and the currency symbol is $. On the second place is the Euro, having about 33% of the daily forex transactions and 28% share of the international bank payments. toll. CFA BCEAO Francs, XOF is the national currency in Benin. We recommend that you seek independent financial advice and ensure you fully understand the risks involved before trading. XOF West African Franc * Country West Africa Region Africa Sub-Unit 1 CFA = 100 centime Symbol CFA *Pegged: 1 EUR = 655.95700 XOF. Currency World delivers instant currency conversion and fresh exchange rates in a user-friendly interface.

Il dresse la liste des conversions mutuelles entre le Franc CFA (BCEAO) et les autres devises principales, et répertorie également les taux de change entre cette devise et d'autres devises. Leverage trading is high risk and not for everyone. The eCFA was developed through collaboration between the eCurrency Mint Limited and the Banque Regionale de Marches. With the US dollar, the currency exchanges at a rate of 0.001731 US dollars for every West African CFA franc.The institution of economic reforms in the 1990s led to a 50% devaluation of the CFA franc which raised the inflation rates, especially for imported goods.

In 2004, a new series of notes was introduced in denominations of 1,000, 2,000, 5,000 and 10,000 francs, with the 500-franc note having been replaced by a coin the year before. The currency is abbreviated as XOF with the symbol CFA. Burkina Faso: Report on the Observance of Standards and Codes––Data Module, Response by the Authorities, and Detailed Assessment Using the Data Quality Assessment Framework, page 115.International Monetary Fund, March 2004. Senegal depends on economic aid from developed nations. Senegal is a member of several economic forums such as the World Trade Organization, ECOWAS, and the West African Economic and Monetary Union (UEMOA). Information on this website is general in nature.

The group's logo utilized an inverted image of the fox that was used by the (then defunct) FOX Unit. The headquarters for the West African States’ Central Bank is based in Dakar, the capital city of Senegal.The West African colonies of France used the French West African franc as their currency. Some policymakers have argued that the CFA franc be tied to a basket of currencies rather than one currency as it currently is. Those in central Africa use the Central African CFA franc while those in West Africa use the West African CFA franc.

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