Mali - West African Franc - Currency Guide

This is a currency guide to Mali, the West African Franc currency plus sending (XOF) transfers and travel tips for Mali.

 
 
CountryMali
FlagMali
Country CodeML
Domestic Currency West African Franc
Currency Symbol
Currency CodeXOF
Exchange RateUSD/XOF = 595.25
Telephone Prefix+223

Quick Conversions from US Dollar to West African Franc

USD

XOF

U$ 1
595.25
U$ 5
2,976
U$ 10
5,953
U$ 20
11,905
U$ 50
29,763
U$ 100
59,525
U$ 250
148,813
U$ 500
297,625
U$ 1,000
595,250
U$ 2,000
1,190,500
U$ 5,000
2,976,250
U$ 10,000
5,952,500
U$ 50,000
29,762,500
U$ 100,000
59,525,000
More amounts

USD

XOF

U$ 0.0017
1
U$ 0.0084
5
U$ 0.0168
10
U$ 0.0336
20
U$ 0.0840
50
U$ 0.1680
100
U$ 0.4200
250
U$ 0.8400
500
U$ 1.6800
1,000
U$ 3.3600
2,000
U$ 8.4000
5,000
U$ 16.80
10,000
U$ 84.00
50,000
U$ 168.00
100,000
More amounts

To calculate specific USD/XOF amounts use our Convert USD to XOF quick calculator.

Mali Currency Info


Frequently Asked Questions


What currency should I use in Mali?

The domestic currency in Mali is the West African Franc.

What is the West African Franc currency code and symbol?

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

How much is U$100 US Dollars in West African Franc?

U$ 100 converts to 59,525

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.

Is the West African Franc a closed currency?

No, the West African Franc is freely available and convertible. See guide: What is a closed currency?


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:

ALERT:1-DAY0.8% 🔔|
USD/XOF at 594.66 was trading near AVG:593.88 with LO:573.21 and HI:615.33 (90 days). ALERT: USD/XOF has reversed trend and is UP 0.8%
31-MAR 4PM-NY 9PM-LON 01-APR 4AM-HK 7AM-SYD
Booking.com

Travel, Currency and Money saving tips for Mali

Travel money for Mali

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.

 

Mali Trip Checklist    

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

Sending money to Mali

When searching around for information on how to get a good exchange rate when sending money to Mali 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 Mali

When sending money to Mali 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 Mali.

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

 

Bank Transfers to Mali

Compare Transfer Rates

West African Franc to US Dollar - Historical Rates

PeriodXOF/USDDate
1 Day0.00168130 Mar 2020
7 Day0.00164624 Mar 2020
30 Day0.00168501 Mar 2020
3 Month0.00171001 Jan 2020
1 Year0.00170801 Apr 2019
5 Year0.00165102 Apr 2015
10 Year0.00205703 Apr 2010

West African Franc to Euro - Historical Rates

PeriodXOF/EURDate
1 Day0.00152430 Mar 2020
7 Day0.00152424 Mar 2020
30 Day0.00152401 Mar 2020
3 Month0.00152401 Jan 2020
1 Year0.00152401 Apr 2019
5 Year0.00151802 Apr 2015
10 Year0.00152103 Apr 2010

West African Franc to Pound Sterling - 10 Year History

PeriodXOF/GBPDate
1 Day0.00135930 Mar 2020
7 Day0.00139624 Mar 2020
30 Day0.00131801 Mar 2020
3 Month0.00129101 Jan 2020
1 Year0.00130701 Apr 2019
5 Year0.00111302 Apr 2015
10 Year0.00134803 Apr 2010

West African Franc to Australian Dollar - Historical Rates

PeriodXOF/AUDDate
1 Day0.00272730 Mar 2020
7 Day0.00275824 Mar 2020
30 Day0.00260401 Mar 2020
3 Month0.00243601 Jan 2020
1 Year0.00240201 Apr 2019
5 Year0.00217602 Apr 2015
10 Year0.00223903 Apr 2010

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