West African CFA franc
|
1 XOF = 0.003 AUD
1 AUD = 379.565 XOF
|
|
1 XOF = 1.766 ARS
1 ARS = 0.566 XOF
|
|
1 XOF = 4.907 BIF
1 BIF = 0.204 XOF
|
|
1 XOF = 0.001 BHD
1 BHD = 1605.237 XOF
|
|
1 XOF = 0.011 BOB
1 BOB = 87.297 XOF
|
|
1 XOF = 0.003 AZN
1 AZN = 355.038 XOF
|
|
1 XOF = 0.144 BTN
1 BTN = 6.934 XOF
|
|
1 XOF = 0.834 CRC
1 CRC = 1.199 XOF
|
|
1 XOF = 0.038 CZK
1 CZK = 26.149 XOF
|
|
1 XOF = 0.012 CNY
1 CNY = 83.305 XOF
|
|
1 XOF = 0.011 DKK
1 DKK = 87.935 XOF
|
|
1 XOF = 0.214 ETB
1 ETB = 4.664 XOF
|
|
1 XOF = 14.327 GNF
1 GNF = 0.070 XOF
|
|
1 XOF = 0.012 HRK
1 HRK = 85.971 XOF
|
|
1 XOF = 27.200 IDR
1 IDR = 0.037 XOF
|
|
1 XOF = 0.260 JMD
1 JMD = 3.843 XOF
|
|
1 XOF = 0.145 KGS
1 KGS = 6.882 XOF
|
|
1 XOF = 0.003 BAM
1 BAM = 335.385 XOF
|
|
1 XOF = 0.003 ANG
1 ANG = 334.786 XOF
|
|
1 XOF = 0.023 BWP
1 BWP = 44.114 XOF
|
|
1 XOF = 0.002 BND
1 BND = 451.983 XOF
|
|
1 XOF = 4.745 CDF
1 CDF = 0.211 XOF
|
|
1 XOF = 0.003 BZD
1 BZD = 299.995 XOF
|
|
1 XOF = 54.177 BYR
1 BYR = 0.018 XOF
|
|
1 XOF = 0.003 BGN
1 BGN = 335.385 XOF
|
|
1 XOF = 0.002 CAD
1 CAD = 419.786 XOF
|
|
1 XOF = 0.221 DZD
1 DZD = 4.524 XOF
|
|
1 XOF = 0.025 ERN
1 ERN = 40.238 XOF
|
|
1 XOF = 0.084 EGP
1 EGP = 11.917 XOF
|
|
1 XOF = 0.004 FJD
1 FJD = 262.625 XOF
|
|
1 XOF = 0.001 GBP
1 GBP = 781.539 XOF
|
|
1 XOF = 0.001 FKP
1 FKP = 781.539 XOF
|
|
1 XOF = 0.013 GTQ
1 GTQ = 78.280 XOF
|
|
1 XOF = 0.013 HKD
1 HKD = 77.662 XOF
|
|
1 XOF = 0.611 HUF
1 HUF = 1.638 XOF
|
|
1 XOF = 2.170 IQD
1 IQD = 0.461 XOF
|
|
1 XOF = 69.724 IRR
1 IRR = 0.014 XOF
|
|
1 XOF = 0.750 KMF
1 KMF = 1.333 XOF
|
|
1 XOF = 2.411 KRW
1 KRW = 0.415 XOF
|
|
1 XOF = 0.152 ALL
1 ALL = 6.595 XOF
|
|
1 XOF = 0.201 BDT
1 BDT = 4.965 XOF
|
|
1 XOF = 0.003 AWG
1 AWG = 337.189 XOF
|
|
1 XOF = 0.010 BRL
1 BRL = 104.093 XOF
|
|
1 XOF = 0.000 BCH
1 BCH = 202948.554 XOF
|
|
1 XOF = 0.000 BTC
1 BTC = 50297416.667 XOF
|
|
1 XOF = 0.006 AED
1 AED = 164.348 XOF
|
|
1 XOF = 1.524 AOA
1 AOA = 0.656 XOF
|
|
1 XOF = 0.002 BSD
1 BSD = 603.569 XOF
|
|
1 XOF = 1.557 CLP
1 CLP = 0.642 XOF
|
|
1 XOF = 0.005 BYN
1 BYN = 184.570 XOF
|
|
1 XOF = 6.804 COP
1 COP = 0.147 XOF
|
|
1 XOF = 0.040 CUP
1 CUP = 25.144 XOF
|
|
1 XOF = 0.000 ETH
1 ETH = 1140962.193 XOF
|
|
1 XOF = 0.002 EUR
1 EUR = 655.957 XOF
|
|
1 XOF = 0.042 HNL
1 HNL = 23.573 XOF
|
|
1 XOF = 0.119 GMD
1 GMD = 8.374 XOF
|
|
1 XOF = 0.001 GIP
1 GIP = 781.539 XOF
|
|
1 XOF = 0.217 HTG
1 HTG = 4.598 XOF
|
|
1 XOF = 0.001 JOD
1 JOD = 851.296 XOF
|
|
1 XOF = 0.245 JPY
1 JPY = 4.077 XOF
|
|
1 XOF = 0.117 AFN
1 AFN = 8.518 XOF
|
|
1 XOF = 0.003 BBD
1 BBD = 301.785 XOF
|
|
1 XOF = 0.002 BMD
1 BMD = 603.569 XOF
|
|
1 XOF = 0.648 AMD
1 AMD = 1.542 XOF
|
|
1 XOF = 0.001 CHF
1 CHF = 684.206 XOF
|
|
1 XOF = 0.295 DJF
1 DJF = 3.393 XOF
|
|
1 XOF = 0.104 DOP
1 DOP = 9.624 XOF
|
|
1 XOF = 0.168 CVE
1 CVE = 5.949 XOF
|
|
1 XOF = 0.005 GEL
1 GEL = 217.597 XOF
|
|
1 XOF = 0.026 GHS
1 GHS = 38.920 XOF
|
|
1 XOF = 0.346 GYD
1 GYD = 2.889 XOF
|
|
1 XOF = 0.006 ILS
1 ILS = 165.351 XOF
|
|
1 XOF = 0.144 INR
1 INR = 6.934 XOF
|
|
1 XOF = 0.223 ISK
1 ISK = 4.490 XOF
|
|
1 XOF = 6.639 KHR
1 KHR = 0.151 XOF
|
|
1 XOF = 0.214 KES
1 KES = 4.664 XOF
|
|
1 XOF = 0.001 KWD
1 KWD = 1958.984 XOF
|
|
1 XOF = 0.824 KZT
1 KZT = 1.213 XOF
|
|
1 XOF = 0.490 LKR
1 LKR = 2.042 XOF
|
|
1 XOF = 0.016 MAD
1 MAD = 62.262 XOF
|
|
1 XOF = 3.478 MMK
1 MMK = 0.288 XOF
|
|
1 XOF = 5.753 MNT
1 MNT = 0.174 XOF
|
|
1 XOF = 0.075 MUR
1 MUR = 13.399 XOF
|
|
1 XOF = 0.659 MRO
1 MRO = 1.517 XOF
|
|
1 XOF = 0.026 MVR
1 MVR = 39.095 XOF
|
|
1 XOF = 2.874 MWK
1 MWK = 0.348 XOF
|
|
1 XOF = 0.003 NZD
1 NZD = 343.975 XOF
|
|
1 XOF = 0.231 NPR
1 NPR = 4.332 XOF
|
|
1 XOF = 0.095 PHP
1 PHP = 10.521 XOF
|
|
1 XOF = 0.464 PKR
1 PKR = 2.154 XOF
|
|
1 XOF = 2.352 RWF
1 RWF = 0.425 XOF
|
|
1 XOF = 0.000 LTC
1 LTC = 54522.945 XOF
|
|
1 XOF = 0.033 MXN
1 MXN = 29.925 XOF
|
|
1 XOF = 0.061 NIO
1 NIO = 16.401 XOF
|
|
1 XOF = 0.008 RON
1 RON = 131.780 XOF
|
|
1 XOF = 1.491 KPW
1 KPW = 0.671 XOF
|
|
1 XOF = 0.001 KYD
1 KYD = 725.703 XOF
|
|
1 XOF = 148.666 LBP
1 LBP = 0.007 XOF
|
|
1 XOF = 0.008 LYD
1 LYD = 125.213 XOF
|
|
1 XOF = 35.916 LAK
1 LAK = 0.028 XOF
|
|
1 XOF = 7.746 MGA
1 MGA = 0.129 XOF
|
|
1 XOF = 0.331 LRD
1 LRD = 3.019 XOF
|
|
1 XOF = 0.094 MKD
1 MKD = 10.664 XOF
|
|
1 XOF = 0.030 LSL
1 LSL = 32.858 XOF
|
|
1 XOF = 0.013 MOP
1 MOP = 75.400 XOF
|
|
1 XOF = 0.030 MDL
1 MDL = 33.224 XOF
|
|
1 XOF = 0.030 NAD
1 NAD = 32.858 XOF
|
|
1 XOF = 0.007 MYR
1 MYR = 136.043 XOF
|
|
1 XOF = 0.001 OMR
1 OMR = 1567.695 XOF
|
|
1 XOF = 2.558 NGN
1 NGN = 0.391 XOF
|
|
1 XOF = 0.007 PGK
1 PGK = 149.607 XOF
|
|
1 XOF = 0.002 PAB
1 PAB = 603.569 XOF
|
|
1 XOF = 0.006 PEN
1 PEN = 164.638 XOF
|
|
1 XOF = 0.018 NOK
1 NOK = 56.531 XOF
|
|
1 XOF = 0.006 PLN
1 PLN = 156.211 XOF
|
|
1 XOF = 13.129 PYG
1 PYG = 0.076 XOF
|
|
1 XOF = 0.006 QAR
1 QAR = 165.816 XOF
|
|
1 XOF = 0.014 SBD
1 SBD = 70.820 XOF
|
|
1 XOF = 0.006 SAR
1 SAR = 160.952 XOF
|
|
1 XOF = 0.002 SGD
1 SGD = 451.983 XOF
|
|
1 XOF = 37.607 SLL
1 SLL = 0.027 XOF
|
|
1 XOF = 0.056 THB
1 THB = 17.871 XOF
|
|
1 XOF = 0.055 TWD
1 TWD = 18.298 XOF
|
|
1 XOF = 0.069 UAH
1 UAH = 14.557 XOF
|
|
1 XOF = 6.073 UGX
1 UGX = 0.165 XOF
|
|
1 XOF = 0.060 SRD
1 SRD = 16.579 XOF
|
|
1 XOF = 37.713 STD
1 STD = 0.027 XOF
|
|
1 XOF = 0.061 TRY
1 TRY = 16.493 XOF
|
|
1 XOF = 0.011 TTD
1 TTD = 88.889 XOF
|
|
1 XOF = 0.004 TOP
1 TOP = 250.613 XOF
|
|
1 XOF = 21.455 UZS
1 UZS = 0.047 XOF
|
|
1 XOF = 0.409 YER
1 YER = 2.446 XOF
|
|
1 XOF = 0.030 ZAR
1 ZAR = 32.858 XOF
|
|
1 XOF = 0.179 RSD
1 RSD = 5.601 XOF
|
|
1 XOF = 0.143 RUB
1 RUB = 7.008 XOF
|
|
1 XOF = 0.946 SOS
1 SOS = 1.057 XOF
|
|
1 XOF = 0.014 SVC
1 SVC = 68.979 XOF
|
|
1 XOF = 21.542 SYP
1 SYP = 0.046 XOF
|
|
1 XOF = 0.030 SZL
1 SZL = 32.858 XOF
|
|
1 XOF = 0.005 TND
1 TND = 195.480 XOF
|
|
1 XOF = 0.070 UYU
1 UYU = 14.266 XOF
|
|
1 XOF = 42.194 VND
1 VND = 0.024 XOF
|
|
1 XOF = 0.204 VUV
1 VUV = 4.898 XOF
|
|
1 XOF = 0.005 WST
1 WST = 213.813 XOF
|
|
1 XOF = 1.000 XAF
1 XAF = 1.000 XOF
|
|
1 XOF = 0.004 XCD
1 XCD = 222.941 XOF
|
|
1 XOF = 0.024 SCR
1 SCR = 42.008 XOF
|
|
1 XOF = 0.017 SEK
1 SEK = 59.328 XOF
|
|
1 XOF = 0.001 SHP
1 SHP = 781.539 XOF
|
|
1 XOF = 4.378 TZS
1 TZS = 0.228 XOF
|
|
1 XOF = 0.002 USD
1 USD = 603.569 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.