West African CFA franc
|
1 XOF = 0.003 AUD
1 AUD = 380.141 XOF
|
|
1 XOF = 1.766 ARS
1 ARS = 0.566 XOF
|
|
1 XOF = 4.898 BIF
1 BIF = 0.204 XOF
|
|
1 XOF = 0.001 BHD
1 BHD = 1605.691 XOF
|
|
1 XOF = 0.011 BOB
1 BOB = 87.270 XOF
|
|
1 XOF = 0.003 AZN
1 AZN = 355.141 XOF
|
|
1 XOF = 0.144 BTN
1 BTN = 6.942 XOF
|
|
1 XOF = 0.832 CRC
1 CRC = 1.201 XOF
|
|
1 XOF = 0.038 CZK
1 CZK = 26.189 XOF
|
|
1 XOF = 0.012 CNY
1 CNY = 83.329 XOF
|
|
1 XOF = 0.011 DKK
1 DKK = 87.924 XOF
|
|
1 XOF = 0.214 ETB
1 ETB = 4.666 XOF
|
|
1 XOF = 14.339 GNF
1 GNF = 0.070 XOF
|
|
1 XOF = 0.011 HRK
1 HRK = 87.059 XOF
|
|
1 XOF = 27.158 IDR
1 IDR = 0.037 XOF
|
|
1 XOF = 0.260 JMD
1 JMD = 3.843 XOF
|
|
1 XOF = 0.145 KGS
1 KGS = 6.883 XOF
|
|
1 XOF = 0.003 BAM
1 BAM = 335.392 XOF
|
|
1 XOF = 0.003 ANG
1 ANG = 335.281 XOF
|
|
1 XOF = 0.023 BWP
1 BWP = 44.156 XOF
|
|
1 XOF = 0.002 BND
1 BND = 452.172 XOF
|
|
1 XOF = 4.744 CDF
1 CDF = 0.211 XOF
|
|
1 XOF = 0.003 BZD
1 BZD = 300.159 XOF
|
|
1 XOF = 54.164 BYR
1 BYR = 0.018 XOF
|
|
1 XOF = 0.003 BGN
1 BGN = 335.392 XOF
|
|
1 XOF = 0.002 CAD
1 CAD = 419.584 XOF
|
|
1 XOF = 0.221 DZD
1 DZD = 4.518 XOF
|
|
1 XOF = 0.025 ERN
1 ERN = 40.249 XOF
|
|
1 XOF = 0.084 EGP
1 EGP = 11.920 XOF
|
|
1 XOF = 0.004 FJD
1 FJD = 262.736 XOF
|
|
1 XOF = 0.001 GBP
1 GBP = 782.249 XOF
|
|
1 XOF = 0.001 FKP
1 FKP = 782.249 XOF
|
|
1 XOF = 0.013 GTQ
1 GTQ = 78.314 XOF
|
|
1 XOF = 0.013 HKD
1 HKD = 77.679 XOF
|
|
1 XOF = 0.608 HUF
1 HUF = 1.644 XOF
|
|
1 XOF = 2.167 IQD
1 IQD = 0.461 XOF
|
|
1 XOF = 69.702 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 = 6.599 XOF
|
|
1 XOF = 0.201 BDT
1 BDT = 4.965 XOF
|
|
1 XOF = 0.003 AWG
1 AWG = 337.285 XOF
|
|
1 XOF = 0.010 BRL
1 BRL = 103.943 XOF
|
|
1 XOF = 0.000 BCH
1 BCH = 200778.184 XOF
|
|
1 XOF = 0.000 BTC
1 BTC = 50311666.667 XOF
|
|
1 XOF = 0.006 AED
1 AED = 164.395 XOF
|
|
1 XOF = 1.521 AOA
1 AOA = 0.657 XOF
|
|
1 XOF = 0.002 BSD
1 BSD = 603.740 XOF
|
|
1 XOF = 1.558 CLP
1 CLP = 0.642 XOF
|
|
1 XOF = 0.005 BYN
1 BYN = 184.624 XOF
|
|
1 XOF = 6.813 COP
1 COP = 0.147 XOF
|
|
1 XOF = 0.040 CUP
1 CUP = 25.185 XOF
|
|
1 XOF = 0.000 ETH
1 ETH = 1165521.236 XOF
|
|
1 XOF = 0.002 EUR
1 EUR = 655.954 XOF
|
|
1 XOF = 0.042 HNL
1 HNL = 23.577 XOF
|
|
1 XOF = 0.119 GMD
1 GMD = 8.376 XOF
|
|
1 XOF = 0.001 GIP
1 GIP = 782.249 XOF
|
|
1 XOF = 0.218 HTG
1 HTG = 4.591 XOF
|
|
1 XOF = 0.001 JOD
1 JOD = 851.537 XOF
|
|
1 XOF = 0.245 JPY
1 JPY = 4.082 XOF
|
|
1 XOF = 0.117 AFN
1 AFN = 8.514 XOF
|
|
1 XOF = 0.003 BBD
1 BBD = 301.870 XOF
|
|
1 XOF = 0.002 BMD
1 BMD = 603.740 XOF
|
|
1 XOF = 0.648 AMD
1 AMD = 1.543 XOF
|
|
1 XOF = 0.001 CHF
1 CHF = 682.925 XOF
|
|
1 XOF = 0.295 DJF
1 DJF = 3.392 XOF
|
|
1 XOF = 0.104 DOP
1 DOP = 9.635 XOF
|
|
1 XOF = 0.168 CVE
1 CVE = 5.949 XOF
|
|
1 XOF = 0.005 GEL
1 GEL = 217.650 XOF
|
|
1 XOF = 0.026 GHS
1 GHS = 38.961 XOF
|
|
1 XOF = 0.346 GYD
1 GYD = 2.888 XOF
|
|
1 XOF = 0.006 ILS
1 ILS = 165.051 XOF
|
|
1 XOF = 0.144 INR
1 INR = 6.942 XOF
|
|
1 XOF = 0.223 ISK
1 ISK = 4.490 XOF
|
|
1 XOF = 6.644 KHR
1 KHR = 0.151 XOF
|
|
1 XOF = 0.214 KES
1 KES = 4.664 XOF
|
|
1 XOF = 0.001 KWD
1 KWD = 1959.113 XOF
|
|
1 XOF = 0.821 KZT
1 KZT = 1.218 XOF
|
|
1 XOF = 0.489 LKR
1 LKR = 2.044 XOF
|
|
1 XOF = 0.016 MAD
1 MAD = 62.273 XOF
|
|
1 XOF = 3.477 MMK
1 MMK = 0.288 XOF
|
|
1 XOF = 5.751 MNT
1 MNT = 0.174 XOF
|
|
1 XOF = 0.075 MUR
1 MUR = 13.411 XOF
|
|
1 XOF = 0.659 MRO
1 MRO = 1.518 XOF
|
|
1 XOF = 0.026 MVR
1 MVR = 39.092 XOF
|
|
1 XOF = 2.875 MWK
1 MWK = 0.348 XOF
|
|
1 XOF = 0.003 NZD
1 NZD = 344.659 XOF
|
|
1 XOF = 0.231 NPR
1 NPR = 4.337 XOF
|
|
1 XOF = 0.095 PHP
1 PHP = 10.523 XOF
|
|
1 XOF = 0.464 PKR
1 PKR = 2.156 XOF
|
|
1 XOF = 2.349 RWF
1 RWF = 0.426 XOF
|
|
1 XOF = 0.000 LTC
1 LTC = 53857.270 XOF
|
|
1 XOF = 0.033 MXN
1 MXN = 30.085 XOF
|
|
1 XOF = 0.061 NIO
1 NIO = 16.416 XOF
|
|
1 XOF = 0.008 RON
1 RON = 131.784 XOF
|
|
1 XOF = 1.491 KPW
1 KPW = 0.671 XOF
|
|
1 XOF = 0.001 KYD
1 KYD = 728.407 XOF
|
|
1 XOF = 148.385 LBP
1 LBP = 0.007 XOF
|
|
1 XOF = 0.008 LYD
1 LYD = 125.299 XOF
|
|
1 XOF = 35.904 LAK
1 LAK = 0.028 XOF
|
|
1 XOF = 7.746 MGA
1 MGA = 0.129 XOF
|
|
1 XOF = 0.331 LRD
1 LRD = 3.021 XOF
|
|
1 XOF = 0.094 MKD
1 MKD = 10.669 XOF
|
|
1 XOF = 0.030 LSL
1 LSL = 32.934 XOF
|
|
1 XOF = 0.013 MOP
1 MOP = 75.417 XOF
|
|
1 XOF = 0.030 MDL
1 MDL = 33.233 XOF
|
|
1 XOF = 0.030 NAD
1 NAD = 32.934 XOF
|
|
1 XOF = 0.007 MYR
1 MYR = 136.079 XOF
|
|
1 XOF = 0.001 OMR
1 OMR = 1568.156 XOF
|
|
1 XOF = 2.559 NGN
1 NGN = 0.391 XOF
|
|
1 XOF = 0.007 PGK
1 PGK = 149.570 XOF
|
|
1 XOF = 0.002 PAB
1 PAB = 603.740 XOF
|
|
1 XOF = 0.006 PEN
1 PEN = 164.637 XOF
|
|
1 XOF = 0.018 NOK
1 NOK = 56.572 XOF
|
|
1 XOF = 0.006 PLN
1 PLN = 156.726 XOF
|
|
1 XOF = 13.138 PYG
1 PYG = 0.076 XOF
|
|
1 XOF = 0.006 QAR
1 QAR = 165.863 XOF
|
|
1 XOF = 0.014 SBD
1 SBD = 70.956 XOF
|
|
1 XOF = 0.006 SAR
1 SAR = 160.997 XOF
|
|
1 XOF = 0.002 SGD
1 SGD = 452.172 XOF
|
|
1 XOF = 37.717 SLL
1 SLL = 0.027 XOF
|
|
1 XOF = 0.056 THB
1 THB = 17.893 XOF
|
|
1 XOF = 0.055 TWD
1 TWD = 18.310 XOF
|
|
1 XOF = 0.069 UAH
1 UAH = 14.579 XOF
|
|
1 XOF = 6.071 UGX
1 UGX = 0.165 XOF
|
|
1 XOF = 0.060 SRD
1 SRD = 16.613 XOF
|
|
1 XOF = 37.685 STD
1 STD = 0.027 XOF
|
|
1 XOF = 0.061 TRY
1 TRY = 16.488 XOF
|
|
1 XOF = 0.011 TTD
1 TTD = 88.887 XOF
|
|
1 XOF = 0.004 TOP
1 TOP = 250.671 XOF
|
|
1 XOF = 21.436 UZS
1 UZS = 0.047 XOF
|
|
1 XOF = 0.410 YER
1 YER = 2.441 XOF
|
|
1 XOF = 0.030 ZAR
1 ZAR = 32.934 XOF
|
|
1 XOF = 0.179 RSD
1 RSD = 5.602 XOF
|
|
1 XOF = 0.143 RUB
1 RUB = 6.987 XOF
|
|
1 XOF = 0.946 SOS
1 SOS = 1.057 XOF
|
|
1 XOF = 0.014 SVC
1 SVC = 68.999 XOF
|
|
1 XOF = 21.537 SYP
1 SYP = 0.046 XOF
|
|
1 XOF = 0.030 SZL
1 SZL = 32.934 XOF
|
|
1 XOF = 0.005 TND
1 TND = 195.531 XOF
|
|
1 XOF = 0.070 UYU
1 UYU = 14.229 XOF
|
|
1 XOF = 42.235 VND
1 VND = 0.024 XOF
|
|
1 XOF = 0.204 VUV
1 VUV = 4.899 XOF
|
|
1 XOF = 0.005 WST
1 WST = 219.231 XOF
|
|
1 XOF = 1.000 XAF
1 XAF = 1.000 XOF
|
|
1 XOF = 0.004 XCD
1 XCD = 223.136 XOF
|
|
1 XOF = 0.024 SCR
1 SCR = 41.380 XOF
|
|
1 XOF = 0.017 SEK
1 SEK = 59.353 XOF
|
|
1 XOF = 0.001 SHP
1 SHP = 782.249 XOF
|
|
1 XOF = 4.377 TZS
1 TZS = 0.228 XOF
|
|
1 XOF = 0.002 USD
1 USD = 603.740 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.