XOF Market Update
13 Jun 2026 • 01:37 GMT
The West African CFA franc (XOF) remains relatively stable against the US dollar, trading at about 0.001764 USD, slightly below its 3-month average of 0.001774. Over recent weeks, XOF has moved within a narrow 3.3% range from 0.001742 to 0.001799, reflecting steady market conditions.
against the euro, the XOF continues to trade near its 3-month average of 0.001524, indicating little change in recent sessions. The currency has also maintained stability against the British pound, at around 0.001316, just below its longer-term average. Meanwhile, XOF has edged slightly above its 3-month average against the Canadian dollar, trading near 0.002469, and remains close to its 3-month range with minimal fluctuations.
Development in the West African region continues to influence sentiment, with some nations seeking greater control over their monetary policies despite efforts to stabilize the CFA framework. Notably, the currency has remained resilient amid broader regional discussions about independence from former colonial ties. Overall, the XOF remains stable in the current environment, with no significant moves against major currencies. Watch for regional political developments that could affect future stability.