1. Exchange Rates
  2. West African franc (XOF)
  3. United States dollar (USD)

Convert XOF to USD at Best Exchange Rates


There are three amounts that you need to understand if you are to have any chance of getting the best possible XOF to USD rate, these are :

  1. The XOF/USD foreign exchange market mid-rate
  2. The transaction margin from the mid-rate you will be charged by your bank or foreign exchange provider
  3. Any fixed or percentage fees for your transfer or currency exchange.

1 West African franc equals
United States dollar 1=


Right now the XOF/USD market rate is and represents how many United States dollar you can get for one West African franc. You can calculate with the current mid-rate using our XOF to USD calculator below but note the rate will most likely be quite different by the time you make you currency exchange.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

Our real-time comparison calculators make shopping around easy and help you calculate how much you can save.



Why can't I just get the same XOF/USD market rate I see on Google or in the Media?

When you look up the current West African franc to United States dollar exchange rate on the web the figure you find quoted on sites like google or mentioned on TV is commonly referred to as the mid-market rate.

Getting a great XOF to USD mid-market rate is all about timing, so unless you are able to wait, watch and time the market this is largely beyond your control. This rate will go up and down with varying amounts of volatility depending on the currency pair.

This mid-market rate is really only a reference and is just the starting point for calculating the actual rate you will get for your transaction, luckily we can also use this same rate to determine how good a deal a rate that a provider offers you actually is.

You can use the below XOF to USD calculator to convert currency amounts using the latest mid-market exchange rates. Then choose your transaction type for specific West African franc cross rates and reviews of leading foreign exchange providers versus the Banks.

XOF to USD mid-rate calculator

$
1 XOF equals
USD 1XOF=USD


Compare rates for: Currency Exchange or Foreign Transfers
Loading XOF/USD Chart

United States dollar - market update

Chief among FX themes in 2017 was the dramatic weakness of the US dollar. The US Dollar Index’s fall in the last session of the year to 92.3 locked in an annual decline of 9.7% – the index’s worst performance since 2003. And worse is yet to come for the dollar in 2018, according to analysts.

President of Everbank, Chris Gaffney, said in December that he expected “more headwinds” for the US currency despite market expectations for at least two hikes in US interest rates in 2018.

Also in December, a Societe Generale analyst said: “With global growth becoming more balanced…the dollar looks expensive.”

TD Securities said that the macro landscape “should favour a steady depreciation of the dollar in 2018.”

With dollar weakness on the horizon, the most liquid of all dollar FX pairs, EUR/USD, is set to rise to 1.25 in the coming year, thinks UBS, from a Dec ’17 rate of 1.2.

ING sees EUR/USD even higher, at 1.3.

The dollar “will do best of all against the Japanese yen,” said UBS in December.

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