Currency in Chad: XAF Send & Spend FX Guide
Resources for Expats, Travelers and Entrepreneurs Navigating Life and Trade in Chad with the Central African franc.
What's in this Chad currency guide?
What currency is used in Chad?
The official currency of Chad (country code: TD) is the Central African franc, with symbol FCFA and currency code XAF.
What is a good Central African franc exchange rate?
The BestExchangeRates.com currency comparison table below helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of rates, enter your transaction type, currencies and amount then click ‘GET RATES’:
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Frequently Asked Questions
What currency should I use in Chad?
The domestic currency in Chad is the Central African franc.
What is the Central African franc currency code and symbol?
The three letter currency code for the Central African franc is XAF — symbol is FCFA.
What does the Central African franc look like?
Here is an example Central African franc banknote:
Which countries use the Central African franc?
It is the domestic currency in Cameroon, Central African Republic, Chad, Congo, Equatorial Guinea and Gabon.
Is the Central African franc a closed currency?
No, the Central African franc is freely available and convertible. See guide: What is a closed currency?
What are equivalent amounts of BGN and XAF?
Here are some popular conversion amounts for BGN to XAF (Bulgarian lev to Central African franc)*.
| BGN | XAF |
|---|---|
| 2.9820 | FCFA 1,000 |
| 14.91 | FCFA 5,000 |
| 59.64 | FCFA 20,000 |
| 298.20 | FCFA 100,000 |
More amounts
*Converted at the current BGNXAF interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Travel money for Chad
Using Wise for Central African franc travel money is a smart choice for savvy travelers. With its competitive exchange rates and low fees, Wise allows you to convert and manage multiple currencies effortlessly.
Be careful when using your own bank's Debit/Credit Card, as your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash on top of the standard Visa/Mastercard 2.5% from market mid-rate.
For card purchases, if you are offered a choice of currencies always select to Pay in Central African franc otherwise you will typically get much worst dynamic currency conversion (DCC) exchange rates.
If you really want Central African franc cash before departure, you can save money by ordering online. You generally get better rates and can pick up the XAF cash locally or even on travel day at the airport.
USD/XAF Market Data
The below interactive chart displays the USD/XAF change and UP📈 DOWN📉 trends over the past 1 Year.
Send Money to Chad - Best Rates
To get a good (and fair) exchange rate when sending money to Chad you need to find and compare exchange rates for International Money Transfers (IMTs).
The available FX rates for sending money abroad can be very different to the mid-market (wholesale) rate which you see reported online and in the News.
You should especially compare your own bank's exchange rates to those available from Money Transfer specialists to see how much you can save - we make that calculation easy in the below table.
Get a better deal for foreign transfers to Chad
When sending money to Chad 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 :
- Open an account with a BER reviewed FX provider (id docs may be required)
- You specify the local or Central African franc amount you want to transfer
- Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
- Once your funds are received by the provider the converted XAF amount will be transfered to the recipient account you specify in Chad.
Use the above 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!
