Currency in Gabon – Central African franc XAF
A practical foreign exchange and currency guide to Gabon
What’s in this Gabon currency guide:
What currency is used in Gabon?
The official currency of Gabon is the Central African franc, with symbol FCFA and currency code XAF.
Things to know about the Central African franc
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.
What the Central African franc looks like?
Central African franc – Markets & Rates
| Date | USD/XAF | Change | Period |
|---|---|---|---|
20 Jun 2022 | 623.56 | 0.9% ▲ | 2 Week |
05 Apr 2022 | 601.46 | 4.6% ▲ | 3 Month |
04 Jul 2021 | 553.28 | 13.7% ▲ | 1 Year |
05 Jul 2017 | 578.25 | 8.8% ▲ | 5 Year |
06 Jul 2012 | 531.28 | 18.4% ▲ | 10 Year |
09 Jul 2002 | 660.45 | 4.7% ▼ | 20 Year |
Compare Central African franc Exchange Rates & Fees
The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend Central African franc.
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The Central African franc is also the domestic currency in 5 other countries.
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