Foreign exchange guide to Cameroon and the Central African Franc (XAF)
The Central African CFA franc (XAF) is the currency of six independent states in Central Africa - Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon. The currency was introduced to the previously French colonies in Equatorial Africa in 1945, replacing the French Equatorial African franc. The currency continued in use when these colonies gained their independence. Equatorial Guinea, the only former Spanish colony in the zone, adopted the CFA franc in 1984.
In several west African states the West African CFA franc (currency code XOF) is in circulation, such as Benin - West African CFA franc. The West African CFA franc is of equal value to the Central African CFA franc.
Both XAF and XOF currencies are referred to as the CFA franc.
The Central African CFA franc has a fixed rate of exchange with the euro (and previously the French franc) set at 1 euro = 655.957 CFA francs.
The CFA franc is characterised as a credible and stable currency, a significant virtue given the experience of most currency-issuing African nations.
The below interactive chart shows the USD to XAF exchange rate, trend and recent alerts for the last 90 days.
|U$ 1||FCFA 591.26|
|U$ 5||FCFA 2,956|
|U$ 10||FCFA 5,913|
|U$ 20||FCFA 11,825|
|U$ 50||FCFA 29,563|
|U$ 100||FCFA 59,126|
|U$ 250||FCFA 147,815|
|U$ 500||FCFA 295,630|
|U$ 1,000||FCFA 591,260|
|U$ 2,000||FCFA 1,182,520|
|U$ 5,000||FCFA 2,956,300|
|U$ 10,000||FCFA 5,912,600|
|U$ 50,000||FCFA 29,563,000|
|U$ 100,000||FCFA 59,126,000|
The domestic currency in Cameroon is the Central African Franc.
The three letter currency code for the Central African Franc is XAF — symbol is FCFA.
No, the Central African Franc is freely available and convertible. See guide: What is a closed currency?
Often referred to as “Africa in Miniature,” this California-size country offers plenty to do within its borders. Cameroon’s largest city, Douala, is one of the most important economic centers in Central Africa, and Yaoundé, Cameroon’s capital, is over 100 years old and full of stories. In addition, Cameroon has a diverse landscape ranging from gorgeous tropical beaches to breathtaking mountain vistas.
With reasonable road infrastructure, travel is a lot easier here than in many parts of Africa. Still, you'll miss none of those indicators that you're in the middle of this fascinating continent: everyone seems to be carrying something on their heads, makossa music sets the rhythm, the street smells like roasting plantains and African bliss is just a piece of grilled fish and a sweating beer away.
The currency is the Central African franc (CFA), ATMs are still a rarity in Cameroon. They're at the banks and hotels in Yaounde and Douala, but more difficult to find in other towns. The most acceptable credit card is Visa, then Mastercard, and AMEX. Cameroon has a cash economy, most businesses don't accept credit cards or travelers checks. Take Euro's as these are most easily changed. American dollars and travellers cheques are much more difficult to exchange, but Euro's can be exchange in places around the country, especially main cities. Euro travelers' cheques, from Visa/Mastercard are the most widely used and strongly recommended. Most of the main banks will exchange these, however service is slow, and plenty of time needs to be allowed for service. The quickest way to transfer money in an emergency is by Western Union, which has offices in Douala, and Yaounde.
Remember to keep CFA 10,000 or US$20 for departure tax at the airport. Departure tax on internal flights is CFA500, or US$1.00. Due to the exchange rate, it is cheaper to pay in CFA.
There are three major airports in Cameroon: Douala International Airport (DLA), Nsimalen International Airport (NSI), and Yaounde International Airport (YAO). The one you are most likely to use is the Doula International Airport, as it is located in the economic capital of the country and is the busiest in the nation. Domestically, there is regular daily service between Douala, Yaounde, and other smaller towns.
Agences de voyages (agency buses, running from depots also called agences) run along all major and many minor routes in Cameroon. Prices are low and fixed, and on some bus lines you can even reserve a seat. From Yaoundé to Douala it costs anywhere between CFA3000 and CFA6000, depending on the class of bus you take: so-called VIP services have air-conditioning and aren't quite so cramped. However, some drivers are extremely reckless, and bus accidents occur all too frequently.
Cameroon's rail system (Camrail) operates three main lines: Yaoundé to N'Gaoundéré; Yaoundé to Douala; and Douala to Kumba. In 2016 a tragic derailment between Douala and Yaoundé killed 70 passengers and injured many more. Check locally about the current state of train safety.
French and English are the official languages of Cameroon. Several native languages are spoken as well.
Recommended immunizations include yellow fever, hepatitis A and B, typhoid, and meningitis. Plan to pack antimalarial medications, insect repellent, and loose, long-sleeved clothing to protect yourself from mosquito bites.
The country is broken up into ten regions: Adamaoua, Centre, East, Extrême-Nord (Extreme North), Littoral, North, Northwest, West, South, and Southwest.
In most cases, you will need a visa to enter Cameroon. If you’re flying into the country, arrange your visa with your local embassy before your trip. If you’re traveling by land, it might be possible to arrange a visa with Cameroon’s neighboring countries, but we do advise taking care of this matter before you hit the road.
Save money and time by Ordering your Central African Franc online from Travelex, you get better rates and can pick up the XAF cash locally or even on travel day at the airport.
Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.
For card purchases if offered a choice of currencies always select to Pay in Central African Franc otherwise you may get much worst exchange rates.
When searching around for information on how to get a good exchange rate when sending money to Cameroon you need to start with finding out the latest Central African Franc foreign-transfer exchange rate.
Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).
When sending money to Cameroon it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :
Use our Send to Central African Franc calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Central African Franc deposited into the recipient bank account and less margins and fees kept by the banks!