XOF to EUR - West African CFA Franc to Euro Converter

Convert West African CFA Franc to Euro with real-time exchange rates

1 XOF = ~0.001524 EUR (rates vary)

Quick Insight

XOF and EUR stay linked under a fixed framework. For quick estimates, use a nearby peg reference and always check live quotes for accuracy.

Know the peg context and don’t rely on a single rate. Use rate alerts for future transfers.

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance estimates

Common XOF - 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

Tips & Recommendations

1Avoid airport exchange bureaus - markups can reach 10-15%
2Use ATMs with local bank cards for near mid-market rates
3Pay in local currency to avoid dynamic currency conversion (DCC)
4Notify your bank before travel to prevent card blocks

Frequently Asked Questions

Policy decisions by BCEAO and ECB, inflation gaps, trade flows, and market risk sentiment shape the rate. Changes in these elements affect cross border costs and payment timing.

Economic Context

Trading Relationship

The WAEMU bloc links West Africa to Europe via a fixed framework. The XOF/EUR relationship influences imports, exports, and investment flows between the two regions.

Key Rate Factors

•Banque Centrale des États de l'Afrique de l'Ouest policy
•Inflation differentials between WAEMU and the euro area
•Trade balance and commodity prices
•Political stability in WAEMU states
•Market risk sentiment and global liquidity

Central Banks

Banque Centrale des États de l'Afrique de l'Ouest

Dakar, Senegal

Sets monetary policy for WAEMU and maintains the XOF peg to the euro to preserve price stability.

European Central Bank

Frankfurt, Germany

The euro area's central bank. Sets policy to maintain price stability and guide monetary conditions affecting the euro.

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