XOF to USD - West African CFA Franc to US Dollar Converter
Convert West African CFA Franc to US Dollar with daily ECB exchange rates
1 XOF = ~0.001816 USD (rates vary)
Quick Insight
The XOF is pegged to the euro, which limits sharp moves against the USD.
Use forward contracts for known USD needs
Common XOF - USD Conversions
Forex Market Hours
Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.
Upcoming High Impact Events
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
Economic Context
Trading Relationship
West Africa and the United States engage in diverse trade, including agricultural products, minerals, and services. The XOF/USD rate influences pricing, margins, and cross-border settlement costs for West African exporters and US buyers.
Key Rate Factors
- •BCEAO policy and euro peg
- •Inflation differentials between West Africa and the US
- •US dollar strength and global risk sentiment
- •West Africa export volumes and commodity cycles
- •Interest rate expectations in major markets
Central Banks
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