XOFxxx West African CFA Franc exchange rate Live chart (Communaute Financiere d'Afrique currency, code: XOF, symbol: CFA)

West African CFA Franc (XOF) is official currency of 8 countries : Benin, Burkina Faso, Cote d'Ivoire (Ivory Coast), Guinea-Bissau, Mali, Niger, Senegal, Togo.



Communaute Financiere d'Afrique currency : West African CFA Franc (ISO 4217 currency code: XOF, symbol: CFA) : 1 Franc (CFA) = 100 centimes (c). West African CFA Franc is pegged with euro at the rate of € 1 (euro) = 655.957 franc (CFA). The Central African CFA franc is of equal value to the West African CFA franc. West African CFA Franc is the official currency used in eight independent states including Benin, Burkina Faso, Cote d'Ivoire (Ivory Coast), Guinea-Bissau, Mali, Niger, Senegal and Togo. The West CFA franc was introduced to the French colonies in West Africa in 1945. The acronym CFA stands for Communaute Financiere d'Afrique (Financial Community of Africa). Its nickname is céfa, franc. Central bank is Central Bank of West African States (Banque Centrale des Etats de l'Afrique de l'Ouest : BCEAO) in Dakar, Senegal.