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Foreign Exchange Guide to Burkina Faso

Read this currency guide to Burkina Faso with money transfer and travel tips.   [USD/XOF=576.0426]

 
Burkina Faso
Country Code:
BF
Domestic Currency:
West African Franc
Symbol - Code:
XOF
Telephone Prefix:
+226

This is a foreign exchange guide to Burkina Faso, the West African Franc currency plus XOF transfers and travel tips.


In this Burkina Faso currency guide we take a look at :

  1. West African Franc info - general info about the West African Franc
  2. West African Franc in the markets - recent XOF moves and predictions from the FX markets
  3. Travelling in Burkina Faso - currency & money saving tips
  4. Buying West African Franc cash online - travel money for Burkina Faso
  5. Sending money to Burkina Faso - save on West African Franc bank transfers to Burkina Faso
  6. West African Franc exchange rates - latest & historic exchange rates.

West African Franc (XOF) general currency information


What is the West African Franc currency code and symbol?

The three letter currency code for the West African Franc is XOF.


Which countries use the West African Franc?

It is the domestic currency in Benin, Burkina Faso, Ivory Coast, Guinea-Bissau, Mali, Niger, Senegal and Togo.


West African Franc (XOF) in the markets

The interactive chart below shows the USD to XOF exchange rate and trend for the previous 3 months:

Travel, Currency and Money saving tips for Burkina Faso

 

Whether it's the mud architecture of the Tiebele royal court or the grand mosque, the reserve de Nazinga wildlife park, or the stepped waterfalls, there are many worthwhile reasons to visit landlocked Burkina Faso. The currency is Communaute Financiere Africaine Francs (XOF). If you are bringing foreign currency for exchange, euros will be the safest bet . ATMs are widespread in cities and credit cards are not generally accepted. Unfortunately, at the time of writing April 2018, many countries are advising against non-essential travel to Burkina due to the high risk of terrorist attacks. The Zika virus is also considered a risk at present.

 

Travel money for Burkina Faso

 

Save money and time by Ordering your West African Franc online from Travelex, you get better rates and can pick up the XOF 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 West African Franc otherwise you may get much worst exchange rates.

   

Burkina Faso Trip Checklist    

 
  1. Compare XOF travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Burkina Faso
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Burkina Faso

When searching around for information on how to get a good exchange rate when sending money to Burkina Faso you need to start with finding out the latest West 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).


Get a better deal for foreign transfers to Burkina Faso

When sending money to Burkina Faso 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 :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or West African Franc amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted XOF amount will be transfered to the recipient account you specify in Burkina Faso.

Use our Send to XOF 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 West African Franc deposited into the recipient bank account and less margins and fees kept by the banks!

   

Bank Transfers to Burkina Faso

Compare Transfer Rates

 

XOF/USD - West African Franc to United States Dollar - Historical Rates

PeriodXOF/USDDate
1 Day0.00171117 Jun 2019
1 Week0.00172711 Jun 2019
1 Month0.00170219 May 2019
6 Months0.00174720 Dec 2018
1 Year0.00177318 Jun 2018
5 Years0.00207319 Jun 2014
10 Years0.00212720 Jun 2009

XOF/EUR - West African Franc to Euro - Historical Rates

PeriodXOF/EURDate
1 Day0.00152417 Jun 2019
1 Week0.00152411 Jun 2019
1 Month0.00152419 May 2019
6 Months0.00152420 Dec 2018
1 Year0.00152418 Jun 2018
5 Years0.00152419 Jun 2014
10 Years0.00152520 Jun 2009

XOF/GBP - West African Franc to British Pound Sterling - 10 Year History

PeriodXOF/GBPDate
1 Day0.00136417 Jun 2019
1 Week0.00135711 Jun 2019
1 Month0.00133719 May 2019
6 Months0.00137920 Dec 2018
1 Year0.00133718 Jun 2018
5 Years0.00121719 Jun 2014
10 Years0.00129120 Jun 2009

XOF/AUD - West African Franc to Australian Dollar - Historical Rates

PeriodXOF/AUDDate
1 Day0.00249717 Jun 2019
1 Week0.00248111 Jun 2019
1 Month0.00246619 May 2019
6 Months0.00245420 Dec 2018
1 Year0.00239518 Jun 2018
5 Years0.00220619 Jun 2014
10 Years0.00263320 Jun 2009

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