This is a foreign exchange guide to Togo, the West African Franc currency plus sending XOF transfers and travel tips.
In this Togo currency guide we take a look at :
- West African Franc info - general info about the West African Franc
- West African Franc in the markets - recent XOF moves and predictions from the FX markets
- Travelling in Togo - currency & money saving tips
- Buying West African Franc cash online - travel money for Togo
- Sending money to Togo - save on West African Franc bank transfers to Togo
- 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?
West African Franc (XOF) in the markets
The interactive chart below shows the HKD to XOF exchange rate and trend for the previous 3 months:
Travel, Currency and Money saving tips for Togo
For those fond of travelling off the beaten track, Togo is a rewarding destination. Togo is probably one of the nicest places in Western Africa. Roads are pretty good, distances small, beaches sandy and white, people friendly, hills and mountains waiting to be explored. Its great diversity of landscapes ranges from lakes and palm-fringed beaches along the Atlantic coastline to the rolling forested hills in the centre; heading further north, the mantle of lush forest is replaced by the light-green and yellowy tinges of savannah.
Another highlight is Togo's melting-pot culture. The fortified compounds of Koutammakou are a reminder that the country's ethnically diverse population didn't always get along, but nowadays voodoo, Muslim, Christian and traditional festivals crowd the calendar and are often colourful celebrations for. The cherry on top is Lomé, the low-key yet elegant capital, with its large avenues, tasty restaurants and throbbing nightlife – not to mention the splendid beaches on its doorstep.
What currency to use in Togo?
The currency of Togo is the West African franc, which is also the currency of seven other independent African states: Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, and Senegal. You can freely use this currency in each of these nations, although those leaving the region should exchange their local currency to US dollars, euro, or pounds sterling. ATMs are limited to Lome. It is best to withdraw money from a bank. Credit cards are accepted in large hotels in Togo, with Visa currently the most universally accepted. Cash should always be carried, however. The best foreign currency to carry is euros, which are easily exchanged at any bank or hotel.
If you're driving, you will need an International Driving Permit (IDP). Police checkpoints are common throughout the country but rarely nasty or obstructive. There are no domestic flights within Togo.
Travel tips for Togo.
The official language of Togo is French. This is the language used in legal and commercial activities. However, there are also the vernacular languages of Ewe and Mina, which are used in the south, and of Kabye and Dagomba, which are used in the north.
Bargaining is common in Togo. Supermarkets, restaurants, hotels and buses have fixed prices, but expect to haggle for items at markets as well as fares for taxis, bush taxis and taxi-motos (motorcycle taxis), also called zemi-johns.
Perhaps the most alluring part of the country is the hardest to get to—the hilly and sparsely populated north. The best known destination is Tamberma Valley—the Koutammakou UNESCO World Heritage site, to the north of Kara. The local Batammariba people (known by colonists as the Tamberma) constructed and live in unique Takienta (a.k.a. Tata) "tower-houses" of mud and straw, which arguably have become the Togolese national symbol. It's a surreal dreamland of a place, and easily a highlight of a trip to Togo, although it is a journey to get there.
Travel money for Togo
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.
Togo Trip Checklist
Sending money to Togo
When searching around for information on how to get a good exchange rate when sending money to Togo 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 Togo
When sending money to Togo 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 West 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 XOF amount will be transfered to the recipient account you specify in Togo.
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!