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USD to XOF - Compare Exchange Rates

United States Dollar to West African Franc - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD to XOF interbank exchange rate = 583.3065

Right now the USD/XOF interbank exchange rate is 583.3065. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert West African Franc to United States Dollar.

This USD/XOF Converter calculates equivalent United States Dollar to West African Franc amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

USD / XOF converter & margin calculator


$USD
XOF
Mid-rates:
 

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Sending USD->XOF we recommend:

WorldRemit WorldRemit

1 Week USD to XOF
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United States Dollar

West African Franc

1 USD 583.31 XOF
5 USD 2,916.53 XOF
10 USD 5,833.07 XOF
20 USD 11,666.13 XOF
50 USD 29,165.33 XOF
100 USD 58,330.65 XOF
250 USD 145,826.63 XOF
500 USD 291,653.25 XOF
1,000 USD 583,306.50 XOF
2,000 USD 1,166,613.00 XOF
5,000 USD 2,916,532.50 XOF
10,000 USD 5,833,065.00 XOF
50,000 USD 29,165,325.00 XOF
100,000 USD 58,330,650.00 XOF
See more

United States Dollar

West African Franc

0.0017 USD 1 XOF
0.0086 USD 5 XOF
0.0171 USD 10 XOF
0.0343 USD 20 XOF
0.0857 USD 50 XOF
0.1714 USD 100 XOF
0.4285 USD 250 XOF
0.8570 USD 500 XOF
1.7140 USD 1,000 XOF
3.4280 USD 2,000 XOF
8.5700 USD 5,000 XOF
17.14 USD 10,000 XOF
85.70 USD 50,000 XOF
171.40 USD 100,000 XOF
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XOF Country Guides
BeninBeninBurkina FasoBurkina FasoIvory CoastIvory Coast
Guinea-BissauGuinea-BissauMaliMaliNigerNiger
SenegalSenegalTogoTogo

United States Dollar to West African Franc (USD-XOF) - 10 Year History

The below table shows the historic variation in the USD/XOF exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
20 Apr 2019583.3065Latest
13 Apr 2019580.06281 Week+0.56%
21 Mar 2019576.71111 Month+1.14%
22 Oct 2018572.15196 Months+1.95%
20 Apr 2018532.75191 Year+9.49%
20 Apr 2017611.91442 Years-4.68%
21 Apr 2014475.31335 Years+22.72%
22 Apr 2009504.923910 Years+15.52%

Why can't I just get the USD/XOF market rate I see on Google or in the Media?

The USD/XOF mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the USD / XOF was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market USD/XOF midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to XOF exchange rate

  1. Know the latest USD/XOF market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States Dollar and West African Franc

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the USD vs XOF, you should pay attention to both United States Dollar and West African Franc news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

West African Franc (XOF) - Market news and forecasts

No recent West African Franc market updates.