West African CFA franc
|
1 XOF = 0.003 AUD
1 AUD = 366.682 XOF
|
|
1 XOF = 2.371 ARS
1 ARS = 0.422 XOF
|
|
1 XOF = 5.301 BIF
1 BIF = 0.189 XOF
|
|
1 XOF = 0.001 BHD
1 BHD = 1493.351 XOF
|
|
1 XOF = 0.012 BOB
1 BOB = 81.841 XOF
|
|
1 XOF = 0.003 AZN
1 AZN = 330.294 XOF
|
|
1 XOF = 0.156 BTN
1 BTN = 6.401 XOF
|
|
1 XOF = 0.900 CRC
1 CRC = 1.111 XOF
|
|
1 XOF = 0.037 CZK
1 CZK = 26.750 XOF
|
|
1 XOF = 0.013 CNY
1 CNY = 78.228 XOF
|
|
1 XOF = 0.011 DKK
1 DKK = 87.891 XOF
|
|
1 XOF = 0.247 ETB
1 ETB = 4.056 XOF
|
|
1 XOF = 15.442 GNF
1 GNF = 0.065 XOF
|
|
1 XOF = 0.011 HRK
1 HRK = 87.061 XOF
|
|
1 XOF = 29.016 IDR
1 IDR = 0.034 XOF
|
|
1 XOF = 0.283 JMD
1 JMD = 3.527 XOF
|
|
1 XOF = 0.156 KGS
1 KGS = 6.419 XOF
|
|
1 XOF = 0.003 BAM
1 BAM = 335.384 XOF
|
|
1 XOF = 0.003 ANG
1 ANG = 314.249 XOF
|
|
1 XOF = 0.024 BWP
1 BWP = 41.366 XOF
|
|
1 XOF = 0.002 BND
1 BND = 437.612 XOF
|
|
1 XOF = 5.186 CDF
1 CDF = 0.193 XOF
|
|
1 XOF = 0.004 BZD
1 BZD = 280.568 XOF
|
|
1 XOF = 58.771 BYR
1 BYR = 0.017 XOF
|
|
1 XOF = 0.003 BGN
1 BGN = 335.384 XOF
|
|
1 XOF = 0.002 CAD
1 CAD = 408.869 XOF
|
|
1 XOF = 0.231 DZD
1 DZD = 4.327 XOF
|
|
1 XOF = 0.027 ERN
1 ERN = 37.433 XOF
|
|
1 XOF = 0.086 EGP
1 EGP = 11.565 XOF
|
|
1 XOF = 0.004 FJD
1 FJD = 249.411 XOF
|
|
1 XOF = 0.001 GBP
1 GBP = 750.739 XOF
|
|
1 XOF = 0.001 FKP
1 FKP = 750.739 XOF
|
|
1 XOF = 0.014 GTQ
1 GTQ = 73.501 XOF
|
|
1 XOF = 0.014 HKD
1 HKD = 71.531 XOF
|
|
1 XOF = 0.606 HUF
1 HUF = 1.651 XOF
|
|
1 XOF = 2.328 IQD
1 IQD = 0.430 XOF
|
|
1 XOF = 75.107 IRR
1 IRR = 0.013 XOF
|
|
1 XOF = 0.750 KMF
1 KMF = 1.333 XOF
|
|
1 XOF = 2.457 KRW
1 KRW = 0.407 XOF
|
|
1 XOF = 0.148 ALL
1 ALL = 6.741 XOF
|
|
1 XOF = 0.216 BDT
1 BDT = 4.627 XOF
|
|
1 XOF = 0.003 AWG
1 AWG = 313.687 XOF
|
|
1 XOF = 0.010 BRL
1 BRL = 102.694 XOF
|
|
1 XOF = 0.000 BCH
1 BCH = 321040.595 XOF
|
|
1 XOF = 0.000 BTC
1 BTC = 62388888.889 XOF
|
|
1 XOF = 0.007 AED
1 AED = 152.893 XOF
|
|
1 XOF = 1.630 AOA
1 AOA = 0.614 XOF
|
|
1 XOF = 0.002 BSD
1 BSD = 561.500 XOF
|
|
1 XOF = 1.736 CLP
1 CLP = 0.576 XOF
|
|
1 XOF = 0.006 BYN
1 BYN = 170.152 XOF
|
|
1 XOF = 7.208 COP
1 COP = 0.139 XOF
|
|
1 XOF = 0.042 CUP
1 CUP = 23.577 XOF
|
|
1 XOF = 0.000 ETH
1 ETH = 2087360.595 XOF
|
|
1 XOF = 0.002 EUR
1 EUR = 655.958 XOF
|
|
1 XOF = 0.047 HNL
1 HNL = 21.426 XOF
|
|
1 XOF = 0.129 GMD
1 GMD = 7.727 XOF
|
|
1 XOF = 0.001 GIP
1 GIP = 750.739 XOF
|
|
1 XOF = 0.231 HTG
1 HTG = 4.320 XOF
|
|
1 XOF = 0.001 JOD
1 JOD = 791.961 XOF
|
|
1 XOF = 0.262 JPY
1 JPY = 3.815 XOF
|
|
1 XOF = 0.123 AFN
1 AFN = 8.130 XOF
|
|
1 XOF = 0.004 BBD
1 BBD = 280.750 XOF
|
|
1 XOF = 0.002 BMD
1 BMD = 561.500 XOF
|
|
1 XOF = 0.684 AMD
1 AMD = 1.462 XOF
|
|
1 XOF = 0.001 CHF
1 CHF = 696.581 XOF
|
|
1 XOF = 0.317 DJF
1 DJF = 3.156 XOF
|
|
1 XOF = 0.108 DOP
1 DOP = 9.250 XOF
|
|
1 XOF = 0.168 CVE
1 CVE = 5.949 XOF
|
|
1 XOF = 0.005 GEL
1 GEL = 208.225 XOF
|
|
1 XOF = 0.019 GHS
1 GHS = 53.293 XOF
|
|
1 XOF = 0.371 GYD
1 GYD = 2.694 XOF
|
|
1 XOF = 0.006 ILS
1 ILS = 164.042 XOF
|
|
1 XOF = 0.156 INR
1 INR = 6.401 XOF
|
|
1 XOF = 0.218 ISK
1 ISK = 4.593 XOF
|
|
1 XOF = 7.116 KHR
1 KHR = 0.141 XOF
|
|
1 XOF = 0.230 KES
1 KES = 4.346 XOF
|
|
1 XOF = 0.001 KWD
1 KWD = 1838.031 XOF
|
|
1 XOF = 0.960 KZT
1 KZT = 1.042 XOF
|
|
1 XOF = 0.535 LKR
1 LKR = 1.871 XOF
|
|
1 XOF = 0.016 MAD
1 MAD = 62.195 XOF
|
|
1 XOF = 3.737 MMK
1 MMK = 0.268 XOF
|
|
1 XOF = 6.395 MNT
1 MNT = 0.156 XOF
|
|
1 XOF = 0.081 MUR
1 MUR = 12.355 XOF
|
|
1 XOF = 0.711 MRO
1 MRO = 1.406 XOF
|
|
1 XOF = 0.028 MVR
1 MVR = 36.362 XOF
|
|
1 XOF = 3.080 MWK
1 MWK = 0.325 XOF
|
|
1 XOF = 0.003 NZD
1 NZD = 334.485 XOF
|
|
1 XOF = 0.250 NPR
1 NPR = 3.999 XOF
|
|
1 XOF = 0.102 PHP
1 PHP = 9.836 XOF
|
|
1 XOF = 0.505 PKR
1 PKR = 1.981 XOF
|
|
1 XOF = 2.569 RWF
1 RWF = 0.389 XOF
|
|
1 XOF = 0.000 LTC
1 LTC = 66175.604 XOF
|
|
1 XOF = 0.033 MXN
1 MXN = 30.183 XOF
|
|
1 XOF = 0.065 NIO
1 NIO = 15.284 XOF
|
|
1 XOF = 0.008 RON
1 RON = 129.262 XOF
|
|
1 XOF = 1.603 KPW
1 KPW = 0.624 XOF
|
|
1 XOF = 0.001 KYD
1 KYD = 675.879 XOF
|
|
1 XOF = 159.289 LBP
1 LBP = 0.006 XOF
|
|
1 XOF = 0.010 LYD
1 LYD = 103.369 XOF
|
|
1 XOF = 38.363 LAK
1 LAK = 0.026 XOF
|
|
1 XOF = 7.833 MGA
1 MGA = 0.128 XOF
|
|
1 XOF = 0.357 LRD
1 LRD = 2.803 XOF
|
|
1 XOF = 0.094 MKD
1 MKD = 10.657 XOF
|
|
1 XOF = 0.032 LSL
1 LSL = 31.686 XOF
|
|
1 XOF = 0.014 MOP
1 MOP = 69.448 XOF
|
|
1 XOF = 0.030 MDL
1 MDL = 33.035 XOF
|
|
1 XOF = 0.032 NAD
1 NAD = 31.686 XOF
|
|
1 XOF = 0.008 MYR
1 MYR = 132.752 XOF
|
|
1 XOF = 0.001 OMR
1 OMR = 1458.934 XOF
|
|
1 XOF = 2.726 NGN
1 NGN = 0.367 XOF
|
|
1 XOF = 0.008 PGK
1 PGK = 133.325 XOF
|
|
1 XOF = 0.002 PAB
1 PAB = 561.500 XOF
|
|
1 XOF = 0.006 PEN
1 PEN = 158.330 XOF
|
|
1 XOF = 0.018 NOK
1 NOK = 55.033 XOF
|
|
1 XOF = 0.006 PLN
1 PLN = 153.945 XOF
|
|
1 XOF = 13.234 PYG
1 PYG = 0.076 XOF
|
|
1 XOF = 0.006 QAR
1 QAR = 154.258 XOF
|
|
1 XOF = 0.015 SBD
1 SBD = 66.070 XOF
|
|
1 XOF = 0.007 SAR
1 SAR = 149.733 XOF
|
|
1 XOF = 0.002 SGD
1 SGD = 437.612 XOF
|
|
1 XOF = 40.436 SLL
1 SLL = 0.025 XOF
|
|
1 XOF = 0.058 THB
1 THB = 17.380 XOF
|
|
1 XOF = 0.053 TWD
1 TWD = 18.857 XOF
|
|
1 XOF = 0.074 UAH
1 UAH = 13.540 XOF
|
|
1 XOF = 6.355 UGX
1 UGX = 0.157 XOF
|
|
1 XOF = 0.066 SRD
1 SRD = 15.141 XOF
|
|
1 XOF = 37.821 STD
1 STD = 0.026 XOF
|
|
1 XOF = 0.072 TRY
1 TRY = 13.813 XOF
|
|
1 XOF = 0.012 TTD
1 TTD = 83.082 XOF
|
|
1 XOF = 0.004 TOP
1 TOP = 233.152 XOF
|
|
1 XOF = 22.275 UZS
1 UZS = 0.045 XOF
|
|
1 XOF = 0.428 YER
1 YER = 2.335 XOF
|
|
1 XOF = 0.032 ZAR
1 ZAR = 31.686 XOF
|
|
1 XOF = 0.179 RSD
1 RSD = 5.599 XOF
|
|
1 XOF = 0.141 RUB
1 RUB = 7.067 XOF
|
|
1 XOF = 1.002 SOS
1 SOS = 0.998 XOF
|
|
1 XOF = 0.016 SVC
1 SVC = 64.171 XOF
|
|
1 XOF = 23.156 SYP
1 SYP = 0.043 XOF
|
|
1 XOF = 0.032 SZL
1 SZL = 31.686 XOF
|
|
1 XOF = 0.005 TND
1 TND = 194.938 XOF
|
|
1 XOF = 0.071 UYU
1 UYU = 14.046 XOF
|
|
1 XOF = 46.640 VND
1 VND = 0.021 XOF
|
|
1 XOF = 0.214 VUV
1 VUV = 4.671 XOF
|
|
1 XOF = 0.005 WST
1 WST = 203.265 XOF
|
|
1 XOF = 1.000 XAF
1 XAF = 1.000 XOF
|
|
1 XOF = 0.005 XCD
1 XCD = 207.418 XOF
|
|
1 XOF = 0.026 SCR
1 SCR = 38.117 XOF
|
|
1 XOF = 0.017 SEK
1 SEK = 58.514 XOF
|
|
1 XOF = 0.001 SHP
1 SHP = 750.739 XOF
|
|
1 XOF = 4.400 TZS
1 TZS = 0.227 XOF
|
|
1 XOF = 0.002 USD
1 USD = 561.500 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.