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USD to XOF Calculator

United States Dollar to West African Franc - Convert Compare Save

USD to XOF mid-rate = 578.0713

Right now the USD/XOF market mid-rate is 578.0713 and represents ideally how many West African Franc you can get for one United States Dollar.

You can calculate equivalent United States Dollar to West African Franc currency amounts (at mid-rate) below.

USD / XOF Converter


$USD


XOF
1 United States Dollar equals
578.0713 West African Franc

Compare how much you can save on
USD/XOF exchange rates for:

Foreign Transfers

 
 
3 Month USD to XOF Chart
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Sending to XOF we recommend: WorldRemit WorldRemit

United States Dollar

West African Franc

1 USD 578.07 XOF
5 USD 2,890.36 XOF
10 USD 5,780.71 XOF
20 USD 11,561.43 XOF
50 USD 28,903.57 XOF
100 USD 57,807.13 XOF
250 USD 144,517.83 XOF
500 USD 289,035.65 XOF
1,000 USD 578,071.30 XOF
2,000 USD 1,156,142.60 XOF
5,000 USD 2,890,356.50 XOF
10,000 USD 5,780,713.00 XOF
50,000 USD 28,903,565.00 XOF
100,000 USD 57,807,130.00 XOF
See more

United States Dollar

West African Franc

0.0017 USD 1 XOF
0.0087 USD 5 XOF
0.0173 USD 10 XOF
0.0346 USD 20 XOF
0.0865 USD 50 XOF
0.1730 USD 100 XOF
0.4325 USD 250 XOF
0.8650 USD 500 XOF
1.7300 USD 1,000 XOF
3.4600 USD 2,000 XOF
8.6500 USD 5,000 XOF
17.30 USD 10,000 XOF
86.50 USD 50,000 XOF
173.00 USD 100,000 XOF
See more

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
16 Dec 2018579.9889Latest
09 Dec 2018575.41441 Week+0.79%
16 Nov 2018574.36581 Month+0.98%
19 Jun 2018566.05786 Months+2.46%
16 Dec 2017557.96691 Year+3.95%
16 Dec 2016628.43342 Years-7.71%
17 Dec 2013477.26045 Years+21.52%
18 Dec 2008457.396910 Years+26.8%

Best Rates for USD/XOF Transfers and Travel Money

The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.


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

14-December-18: Against a basket of currencies, the US dollar struck an 18-month high in mid-December after negative political and economic developments weighed on rest-of-the-world currencies. At the time of writing, the dollar was showing trade-weighted appreciation of 6 percent for 2018 and was on course to gain in 10 of the year’s 12 months.

The dollar had strengthened to levels near $1.13 against the euro, which suffered due to disappointing eurozone economic data and Brexit-related uncertainties.

Brexit allowed the dollar to gain handsomely against the pound in 2018. On December-11, GBP/USD traded below 1.25 for the first time since early 2017.

The economic slowdown in China has also helped the dollar by creating safe haven flows into the US. The dollar has yet to reach the magic 7-yuan level but remains close to it, at levels near 6.9.

For 2019, JP Morgan and Morgan Stanley are both bearish the greenback. The banks remain skeptical over future Fed interest rate hikes and point to a possible US economic downturn in the second half of the year.

Scotiabank is forecasting EUR/USD at $1.30 by 2019 year-end, indicating a potential 13 percent decline in the dollar’s buying power.

West African Franc (XOF) - Market news and forecasts

No recent West African Franc market updates.


 

Currency News and Forecasts - United States Dollar

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