West African CFA franc
|
1 XOF = 0.003 AUD
1 AUD = 396.557 XOF
|
|
1 XOF = 1.412 ARS
1 ARS = 0.708 XOF
|
|
1 XOF = 4.755 BIF
1 BIF = 0.210 XOF
|
|
1 XOF = 0.001 BHD
1 BHD = 1594.980 XOF
|
|
1 XOF = 0.011 BOB
1 BOB = 87.025 XOF
|
|
1 XOF = 0.003 AZN
1 AZN = 353.635 XOF
|
|
1 XOF = 0.138 BTN
1 BTN = 7.264 XOF
|
|
1 XOF = 0.851 CRC
1 CRC = 1.176 XOF
|
|
1 XOF = 0.039 CZK
1 CZK = 25.939 XOF
|
|
1 XOF = 0.012 CNY
1 CNY = 83.731 XOF
|
|
1 XOF = 0.011 DKK
1 DKK = 87.963 XOF
|
|
1 XOF = 0.094 ETB
1 ETB = 10.592 XOF
|
|
1 XOF = 14.294 GNF
1 GNF = 0.070 XOF
|
|
1 XOF = 0.011 HRK
1 HRK = 87.048 XOF
|
|
1 XOF = 25.851 IDR
1 IDR = 0.039 XOF
|
|
1 XOF = 0.258 JMD
1 JMD = 3.874 XOF
|
|
1 XOF = 0.149 KGS
1 KGS = 6.722 XOF
|
|
1 XOF = 0.003 BAM
1 BAM = 336.155 XOF
|
|
1 XOF = 0.003 ANG
1 ANG = 333.655 XOF
|
|
1 XOF = 0.023 BWP
1 BWP = 44.309 XOF
|
|
1 XOF = 0.002 BND
1 BND = 451.845 XOF
|
|
1 XOF = 4.615 CDF
1 CDF = 0.217 XOF
|
|
1 XOF = 0.003 BZD
1 BZD = 298.323 XOF
|
|
1 XOF = 54.309 BYR
1 BYR = 0.018 XOF
|
|
1 XOF = 0.003 BGN
1 BGN = 336.024 XOF
|
|
1 XOF = 0.002 CAD
1 CAD = 445.055 XOF
|
|
1 XOF = 0.224 DZD
1 DZD = 4.471 XOF
|
|
1 XOF = 0.025 ERN
1 ERN = 40.079 XOF
|
|
1 XOF = 0.081 EGP
1 EGP = 12.319 XOF
|
|
1 XOF = 0.004 FJD
1 FJD = 269.261 XOF
|
|
1 XOF = 0.001 GBP
1 GBP = 767.183 XOF
|
|
1 XOF = 0.001 FKP
1 FKP = 767.183 XOF
|
|
1 XOF = 0.013 GTQ
1 GTQ = 77.005 XOF
|
|
1 XOF = 0.013 HKD
1 HKD = 76.838 XOF
|
|
1 XOF = 0.608 HUF
1 HUF = 1.646 XOF
|
|
1 XOF = 2.178 IQD
1 IQD = 0.459 XOF
|
|
1 XOF = 69.925 IRR
1 IRR = 0.014 XOF
|
|
1 XOF = 0.749 KMF
1 KMF = 1.334 XOF
|
|
1 XOF = 2.184 KRW
1 KRW = 0.458 XOF
|
|
1 XOF = 0.158 ALL
1 ALL = 6.324 XOF
|
|
1 XOF = 0.183 BDT
1 BDT = 5.479 XOF
|
|
1 XOF = 0.003 AWG
1 AWG = 333.989 XOF
|
|
1 XOF = 0.008 BRL
1 BRL = 120.666 XOF
|
|
1 XOF = 0.000 BCH
1 BCH = 257134.303 XOF
|
|
1 XOF = 0.000 BTC
1 BTC = 42941428.571 XOF
|
|
1 XOF = 0.006 AED
1 AED = 163.680 XOF
|
|
1 XOF = 1.387 AOA
1 AOA = 0.721 XOF
|
|
1 XOF = 0.002 BSD
1 BSD = 601.180 XOF
|
|
1 XOF = 1.603 CLP
1 CLP = 0.624 XOF
|
|
1 XOF = 0.005 BYN
1 BYN = 183.774 XOF
|
|
1 XOF = 6.508 COP
1 COP = 0.154 XOF
|
|
1 XOF = 0.043 CUP
1 CUP = 23.347 XOF
|
|
1 XOF = 0.000 ETH
1 ETH = 2414377.510 XOF
|
|
1 XOF = 0.002 EUR
1 EUR = 655.952 XOF
|
|
1 XOF = 0.041 HNL
1 HNL = 24.350 XOF
|
|
1 XOF = 0.113 GMD
1 GMD = 8.844 XOF
|
|
1 XOF = 0.001 GIP
1 GIP = 767.183 XOF
|
|
1 XOF = 0.220 HTG
1 HTG = 4.535 XOF
|
|
1 XOF = 0.001 JOD
1 JOD = 848.046 XOF
|
|
1 XOF = 0.246 JPY
1 JPY = 4.068 XOF
|
|
1 XOF = 0.118 AFN
1 AFN = 8.477 XOF
|
|
1 XOF = 0.003 BBD
1 BBD = 300.590 XOF
|
|
1 XOF = 0.002 BMD
1 BMD = 601.180 XOF
|
|
1 XOF = 0.670 AMD
1 AMD = 1.493 XOF
|
|
1 XOF = 0.001 CHF
1 CHF = 684.045 XOF
|
|
1 XOF = 0.296 DJF
1 DJF = 3.377 XOF
|
|
1 XOF = 0.098 DOP
1 DOP = 10.174 XOF
|
|
1 XOF = 0.168 CVE
1 CVE = 5.963 XOF
|
|
1 XOF = 0.004 GEL
1 GEL = 226.433 XOF
|
|
1 XOF = 0.021 GHS
1 GHS = 46.905 XOF
|
|
1 XOF = 0.348 GYD
1 GYD = 2.871 XOF
|
|
1 XOF = 0.006 ILS
1 ILS = 164.311 XOF
|
|
1 XOF = 0.138 INR
1 INR = 7.262 XOF
|
|
1 XOF = 0.227 ISK
1 ISK = 4.411 XOF
|
|
1 XOF = 6.735 KHR
1 KHR = 0.148 XOF
|
|
1 XOF = 0.231 KES
1 KES = 4.325 XOF
|
|
1 XOF = 0.001 KWD
1 KWD = 1957.030 XOF
|
|
1 XOF = 0.746 KZT
1 KZT = 1.340 XOF
|
|
1 XOF = 0.511 LKR
1 LKR = 1.958 XOF
|
|
1 XOF = 0.017 MAD
1 MAD = 59.914 XOF
|
|
1 XOF = 3.492 MMK
1 MMK = 0.286 XOF
|
|
1 XOF = 5.739 MNT
1 MNT = 0.174 XOF
|
|
1 XOF = 0.076 MUR
1 MUR = 13.129 XOF
|
|
1 XOF = 0.661 MRO
1 MRO = 1.512 XOF
|
|
1 XOF = 0.026 MVR
1 MVR = 39.038 XOF
|
|
1 XOF = 2.799 MWK
1 MWK = 0.357 XOF
|
|
1 XOF = 0.003 NZD
1 NZD = 369.502 XOF
|
|
1 XOF = 0.220 NPR
1 NPR = 4.540 XOF
|
|
1 XOF = 0.092 PHP
1 PHP = 10.849 XOF
|
|
1 XOF = 0.464 PKR
1 PKR = 2.154 XOF
|
|
1 XOF = 2.134 RWF
1 RWF = 0.469 XOF
|
|
1 XOF = 0.000 LTC
1 LTC = 58355.659 XOF
|
|
1 XOF = 0.028 MXN
1 MXN = 35.710 XOF
|
|
1 XOF = 0.061 NIO
1 NIO = 16.339 XOF
|
|
1 XOF = 0.008 RON
1 RON = 132.055 XOF
|
|
1 XOF = 1.497 KPW
1 KPW = 0.668 XOF
|
|
1 XOF = 0.001 KYD
1 KYD = 721.549 XOF
|
|
1 XOF = 148.919 LBP
1 LBP = 0.007 XOF
|
|
1 XOF = 0.008 LYD
1 LYD = 125.113 XOF
|
|
1 XOF = 34.706 LAK
1 LAK = 0.029 XOF
|
|
1 XOF = 7.485 MGA
1 MGA = 0.134 XOF
|
|
1 XOF = 0.319 LRD
1 LRD = 3.138 XOF
|
|
1 XOF = 0.094 MKD
1 MKD = 10.646 XOF
|
|
1 XOF = 0.031 LSL
1 LSL = 32.372 XOF
|
|
1 XOF = 0.013 MOP
1 MOP = 74.624 XOF
|
|
1 XOF = 0.029 MDL
1 MDL = 34.255 XOF
|
|
1 XOF = 0.031 NAD
1 NAD = 32.372 XOF
|
|
1 XOF = 0.008 MYR
1 MYR = 128.526 XOF
|
|
1 XOF = 0.001 OMR
1 OMR = 1561.628 XOF
|
|
1 XOF = 2.620 NGN
1 NGN = 0.382 XOF
|
|
1 XOF = 0.006 PGK
1 PGK = 157.443 XOF
|
|
1 XOF = 0.002 PAB
1 PAB = 601.180 XOF
|
|
1 XOF = 0.006 PEN
1 PEN = 162.930 XOF
|
|
1 XOF = 0.017 NOK
1 NOK = 57.157 XOF
|
|
1 XOF = 0.007 PLN
1 PLN = 152.941 XOF
|
|
1 XOF = 12.124 PYG
1 PYG = 0.082 XOF
|
|
1 XOF = 0.006 QAR
1 QAR = 164.888 XOF
|
|
1 XOF = 0.014 SBD
1 SBD = 71.262 XOF
|
|
1 XOF = 0.006 SAR
1 SAR = 160.289 XOF
|
|
1 XOF = 0.002 SGD
1 SGD = 451.032 XOF
|
|
1 XOF = 34.881 SLL
1 SLL = 0.029 XOF
|
|
1 XOF = 0.059 THB
1 THB = 16.822 XOF
|
|
1 XOF = 0.052 TWD
1 TWD = 19.102 XOF
|
|
1 XOF = 0.064 UAH
1 UAH = 15.617 XOF
|
|
1 XOF = 6.499 UGX
1 UGX = 0.154 XOF
|
|
1 XOF = 0.059 SRD
1 SRD = 17.001 XOF
|
|
1 XOF = 37.063 STD
1 STD = 0.027 XOF
|
|
1 XOF = 0.053 TRY
1 TRY = 18.758 XOF
|
|
1 XOF = 0.011 TTD
1 TTD = 88.501 XOF
|
|
1 XOF = 0.004 TOP
1 TOP = 254.608 XOF
|
|
1 XOF = 20.844 UZS
1 UZS = 0.048 XOF
|
|
1 XOF = 0.416 YER
1 YER = 2.402 XOF
|
|
1 XOF = 0.031 ZAR
1 ZAR = 32.114 XOF
|
|
1 XOF = 0.179 RSD
1 RSD = 5.596 XOF
|
|
1 XOF = 0.152 RUB
1 RUB = 6.583 XOF
|
|
1 XOF = 0.950 SOS
1 SOS = 1.052 XOF
|
|
1 XOF = 0.015 SVC
1 SVC = 68.724 XOF
|
|
1 XOF = 4.179 SYP
1 SYP = 0.239 XOF
|
|
1 XOF = 0.031 SZL
1 SZL = 32.384 XOF
|
|
1 XOF = 0.005 TND
1 TND = 194.148 XOF
|
|
1 XOF = 0.065 UYU
1 UYU = 15.484 XOF
|
|
1 XOF = 41.006 VND
1 VND = 0.024 XOF
|
|
1 XOF = 0.197 VUV
1 VUV = 5.064 XOF
|
|
1 XOF = 0.005 WST
1 WST = 214.707 XOF
|
|
1 XOF = 1.000 XAF
1 XAF = 1.000 XOF
|
|
1 XOF = 0.004 XCD
1 XCD = 222.445 XOF
|
|
1 XOF = 0.022 SCR
1 SCR = 44.761 XOF
|
|
1 XOF = 0.017 SEK
1 SEK = 58.640 XOF
|
|
1 XOF = 0.001 SHP
1 SHP = 767.183 XOF
|
|
1 XOF = 4.241 TZS
1 TZS = 0.236 XOF
|
|
1 XOF = 0.002 USD
1 USD = 601.180 XOF
|
|
1 XOF = 0.182 XPF
1 XPF = 5.497 XOF
|
|
1 XOF = 1.000 XOF
1 XOF = 1.000 XOF
|
Evolution of the XOF Exchange Rate
The West African CFA franc (XOF) exchange rate has evolved over time due to various factors such as economic developments, monetary policies, and market forces. The exchange rate of XOF against other currencies, particularly the Euro (EUR), has generally been pegged by the Central Bank of West African States (BCEAO) at a fixed rate of 1 Euro = 655.957 XOF since 1999.
Variations in the XOF Exchange Rate
Despite the fixed pegged rate, the XOF exchange rate has experienced occasional fluctuations. These variations can be attributed to external factors such as changes in global commodity prices, political instability, and economic crises in the region. Additionally, market forces and speculative activities may also lead to short-term deviations from the fixed rate.
Significance of XOF in the Global Economy
The West African CFA franc (XOF) plays a significant role in the global economy as it is used by eight West African countries, including Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. These countries form the West African Economic and Monetary Union (WAEMU), and the XOF is the official currency of this union. The stability and credibility of the XOF are important for trade relations, investment flows, and overall economic integration within the region.
Shocks Experienced by XOF and Correlation with Other Currencies
The XOF has experienced various shocks throughout its history, such as economic recessions, political unrest, and external market volatility. For example, fluctuations in global commodity prices, particularly for key exports like cocoa and oil, can significantly impact the XOF exchange rate. The currency is also influenced by monetary policy decisions made by the BCEAO and developments in the Eurozone, given the fixed pegged rate to the Euro.
The correlation of XOF with other currencies is primarily influenced by its fixed exchange rate with the Euro. Therefore, the XOF tends to move in line with the Euro's performance against other major currencies, such as the US Dollar. However, as the West African countries' economies evolve and their trade relations diversify, there may be some variations in the XOF's correlation with other currencies in the future.