The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
EUR to XAF Market Data
Euro (EUR) to Central African franc (XAF) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the EUR to XAF Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Euro against the Central African franc is to review how the EUR/XAF rate has changed over time.
The table below shows the percentage change in the EUR to XAF exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
EUR/XAF
Change
Period
07 Jul 2023
655.96
no change
2 Week
22 Apr 2023
655.96
no change
3 Month
21 Jul 2022
655.96
no change
1 Year
22 Jul 2018
655.96
no change
5 Year
23 Jul 2013
655.48
0.1% ▲
10 Year
26 Jul 2003
655.79
0% ▲
20 Year
EUR/XAF historic rates & change to 21-Jul-2023
EUR/XAF remains steady at 656, fixed by CFA franc peg. Euro supported by hawkish ECB & weaker USD per analysts. Geopolitical tensions + oil prices (10.9% above 3M avg) create uncertainty, but fixed exchange rate limits major fluctuations for EUR/XAF traders. #Forex #CFA
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Central African franc across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to XAF?
The best EUR to XAF exchange rate is 651.37 from Wise. This is -0.7% compared to the mid-market rate 655.96.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Central African franc (XAF) rates from different sources before making a conversion.
The above
Euro to Central African franc comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest EUR-XAF mid-rate and the possible savings of using various providers.
How do EUR-XAF rates compare between providers?
Looking at the full
EUR to XAF - Send Money comparison table the provider with the best EUR to XAF exchange rate is Wise at 651.37, -0.7% from the latest mid-market rate 655.96.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
The exchange rate forecast for EUR to XAF remains relatively stable due to the fixed exchange rate of 1 euro to 655.957 CFA francs, which limits significant fluctuations.
Recent forecasts and market updates indicate a challenging outlook for the USD to XAF exchange rate following significant turbulence in the US dollar's performance.