XAF Market Update
16 Jul 2026 • 00:48 GMT
The Central African CFA franc (XAF) has seen limited movement against the US dollar recently. The currency is trading near 14-day highs around 0.001749, just 1% below its three-month average of 0.001766, indicating a relatively stable range. Notably, the XAF has strengthened slightly against the USD, with recent moves reflecting cautious optimism about regional stability.
Market traders are closely monitoring global factors, including the upcoming FOMC minutes, which are expected to reinforce the current dollar strength. This could impact the XAF’s performance, especially if dollar gains persist. However, recent regional developments, such as the BEAC’s firm denial of devaluation rumors and ongoing political stability in the Central African Republic, continue to support the currency’s resilience.
Against other major currencies, the XAF remains steady—marginally weaker versus the euro but holding near average levels against the Canadian dollar and Swiss franc. Overall, the XAF remains stable amid a cautious market backdrop, with limited volatility expected in the near term.