CURRENCYHUB
West African monetary region iconXOFWest African CFA Franc

West African CFA Franc (XOF)

XOF is the shared West African CFA franc used across the West African Monetary Union.

Convert XOFView XOF ratesView XOF historical rates
ISO code
XOF
Symbol
F.CFA
Region
Africa
Currency type
Fiat currency
Exchange system
Fixed parity with the euro
Last reviewed

Convert this currency

XOF converter

West African monetary region iconXOF
0.001737 USD1 XOF = 0.001736684 USD
Convert XOF to USDHistorical rates

Rate date:

1 XOF = 0.001736684 USDRate date: Source: Frankfurter

Quick facts

XOF at a glance

CurrencyWest African CFA Franc (XOF)
Minor unitCentime
Central bank or issuing authorityCentral Bank of West African States (BCEAO)
Used inBenin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo

Currency profile

How XOF works

XOF is the shared West African CFA franc used across the West African Monetary Union.

BCEAO issues XOF and administers the union's common monetary framework.

  • XOF is a shared regional currency with a fixed euro parity.
  • It is institutionally separate from the Central African CFA franc identified by XAF.

Context

Why this currency matters

XOF connects several West African economies through one monetary institution. Clear code labeling is essential because XAF has the same franc name and euro parity but belongs to a separate union.

Monetary framework

Exchange arrangement

Official arrangement

XOF is maintained at a fixed parity with the euro within the BCEAO monetary framework.

Reference-rate context

CurrencyHub shows daily reference rates. Banks, card networks, ATMs and transfer providers may apply different exchange rates, fees or spreads.

History timeline

Key dates for XOF

  1. CFA franc created

    The CFA franc was created in the post-war monetary framework.

    Central Bank of West African States - CFA franc history

  2. BCEAO framework formalized

    The regional central-bank framework was formalized for the member states.

    Central Bank of West African States - institutional history

  3. Euro parity adopted

    The fixed relationship was expressed against the euro.

    Central Bank of West African States - CFA franc history

Usage and economy

How XOF is used

  • Domestic payments in the West African monetary union.
  • Regional trade and comparisons with EUR, XAF and neighboring currencies.

Banknotes and coins

XOF currency units

Banknotes

BCEAO manages the banknote framework used for XOF across the West African monetary union.

Coins

BCEAO manages the coin framework used for XOF across the West African monetary union.

Currency unit

One West African CFA Franc unit is recorded with 0 decimal places and uses Centime as its minor unit.

Popular currency pairs

Convert XOF

Open the XOF converter
West African monetary region iconUnited States flagXOFUSD1 XOF = 0.001736684 USDWest African monetary region iconEuropean Union flagXOFEUR1 XOF = 0.0015244786 EURWest African monetary region iconUnited Kingdom flagXOFGBP1 XOF = 0.0013044928 GBPWest African monetary region iconJapan flagXOFJPY1 XOF = 0.28450357 JPYWest African monetary region iconChina flagXOFCNY1 XOF = 0.01174971 CNYWest African monetary region iconSwitzerland flagXOFCHF1 XOF = 0.0014188882 CHF

Related currencies

Currency relationships

Explore currencies connected through regional use, trade comparisons or monetary relationships.

Currency topics

African Currencies
Central African monetary region iconXAFCentral African CFA Franc
Convert XOF to XAFView XAF profile
European Union flagEUREuro
Convert XOF to EURView EUR profile
Nigeria flagNGNNigerian Naira
Convert XOF to NGNView NGN profile
Ghana flagGHSGhanaian Cedi
Convert XOF to GHSView GHS profile

FAQ

XOF questions

Are XOF and XAF interchangeable?

No. XOF and XAF are issued by different regional central banks for different monetary unions.

Why is XOF linked to the euro?

The euro link is part of the official West African monetary arrangement administered through BCEAO.

Which countries use XOF?

XOF is used by the members of the West African monetary union listed on this page.

Why can XOF change against USD?

A fixed XOF/EUR parity can coexist with a changing XOF/USD cross-rate when EUR/USD changes.

Sources

Data and editorial review

Rate source: Frankfurter

Last reviewed:

Currency identity and cash information is checked against central-bank, government, ISO and official international sources.

Central Bank of West African States (BCEAO)Central Bank of West African States - CFA franc historyInternational Organization for Standardization - ISO 4217Frankfurter - West African CFA Franc reference-rate coverageCentral Bank of West African States - institutional historyBank of Central African States - monetary policy frameworkData sourcesEditorial policyMethodology