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XAF to EUR - Central African CFA Franc to Euro Converter

Convert Central African CFA Franc to Euro with daily ECB exchange rates

1 XAF = ~0.001524 EUR (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

XAF to EUR is anchored by a fixed parity to the euro, minimizing daily swings. For quick estimates, verify live quotes before transfers.

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Common XAF - EUR Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

The rate is anchored by BEAC’s fixed parity to the euro. Policy decisions in Europe and inflation differentials still shape sentiment and small moves within the operational band.

Economic Context

Trading Relationship

XAF is used across Central Africa with euro-area ties via a fixed euro peg. The rate influences imports from Europe, machinery purchases, and regional consumer prices in partner states.

Key Rate Factors

  • •Fixed parity tied to the euro maintained by BEAC
  • •Inflation differentials between member states and the euro area
  • •Trade balance with European partners
  • •Political stability and security conditions in the region
  • •Global risk sentiment affecting BEAC reserves

Central Banks

Bank of Central African States
Yaoundé, Cameroon
Sets monetary policy for member states and maintains price stability of the CFA franc BEAC.
European Central Bank
Frankfurt, Germany
Governs euro-area policy and aims to keep price stability across member economies.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates