CFA Franc BCEAO Wiki
The West African CFA franc (French: franc CFA; Portuguese: franco CFA or simply franc, ISO 4217 code: XOF) is the currency of eight independent states in West Africa: Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal and Togo. These eight countries had a combined population of 105.7 million people in 2014, and a combined GDP of US$128.6 billion (as of 2018).The acronym CFA stands for Communauté Financière Africaine ("African Financial Community"). The currency is issued by the Central Bank of West African States (BCEAO; Banque Centrale des États de l'Afrique de l'Ouest), located in Dakar, Senegal, for the members of the West African Economic and Monetary Union (UEMOA; Union Économique et Monétaire Ouest Africaine). The franc is nominally subdivided into 100 centimes but no centime denominations have been issued. The Central African CFA franc is of equal value to the West African CFA franc, and is in circulation in several central African states. They are both called the CFA franc. In 2019, it was announced that the West African CFA franc would be reformed, which will include renaming it the Eco and reducing France's role in the currency. With currencyconverts.com you can convert West African CFA Franc (CFA) to any other foreign currency. To convert a certain amount of CFA Franc BCEAO use currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for West African CFA Franc is calculated from mid-market real price and updates daily. Usually people search for XOF exchange rate before business travel to Niger, Burkina Faso, Senegal, Benin, Guinea-Bissau, Ivory Coast, Mali, Togo, or during trip to other countries and want to check rate of CFA Franc BCEAO in local money. On this page you can convert West African CFA Franc to main foreign currencies, get fast access to most used amounts of XOF or aether calculate any amount of CFA Franc BCEAO in other fiat money.