The live mid-rate GBP to XAF exchange rate is 765.79. Compare currency conversion rates - Reduce FX costs.
The best GBP to XAF exchange rate is 760.43 from Wise. This is -0.7% compared to the mid-market rate 765.79.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Central African franc (XAF) rates from different sources before making a conversion.
Looking at our comparison table the best GBP to XAF exchange rate is 760.43 from Wise, -0.7% from the mid-market rate 765.79. The next best rate is 752.77 from WorldRemit, -1.7% from the mid-rate.
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 Sterling to Central African franc comparison table above 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 GBP-XAF mid-rate (see Market Data below ) and the possible savings of using various providers.
British pound (GBP) to Central African franc (XAF) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | GBP/XAF | Change | Period |
---|---|---|---|
07 Jul 2023 | 767.75 | 1.3% ▼ | 2 Week |
22 Apr 2023 | 735.08 | 3% ▲ | 3 Month |
21 Jul 2022 | 769.88 | 1.6% ▼ | 1 Year |
22 Jul 2018 | 734.47 | 3.1% ▲ | 5 Year |
23 Jul 2013 | 761.90 | 0.6% ▼ | 10 Year |
26 Jul 2003 | 922.76 | 17.9% ▼ | 20 Year |
Here are some popular conversion amounts for GBP to XAF (British pound to Central African franc)*.
GBP | XAF |
---|---|
£ 1,000 | FCFA 765,790 |
£ 5,000 | FCFA 3,828,950 |
£ 20,000 | FCFA 15,315,800 |
£ 100,000 | FCFA 76,579,000 |
GBP | XAF |
---|---|
£ 1.3060 | FCFA 1,000 |
£ 6.5300 | FCFA 5,000 |
£ 26.12 | FCFA 20,000 |
£ 130.60 | FCFA 100,000 |
More amounts
*Converted at the current GBPXAF interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Recent forecasts for the GBP to XAF exchange rate indicate a challenging outlook for the British pound amid rising borrowing costs and a deteriorating economic environment. Analysts have noted that the pound (GBP) has faced significant pressure, tumbling through trading sessions after concerns emerged over the UK bond market. With yields on 30-year government debt reaching their highest levels since 1998, conditions are becoming increasingly difficult for the UK government to stimulate growth while adhering to fiscal regulations.
Read our full review of recent GBP to XAF forecasts.
There are several ways to save on exchange rates when converting British pound to Central African franc:
Generally speaking, if you are buying Central African franc with British pound, then it's better for the GBP/XAF exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
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.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Cameroon — a practical currency and money guide to travel in Cameroon plus living and doing business with the Central African franc.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add GBP/XAF to your personalised Rate Tracker to track and benefit from currency movements.
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
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For expats, Cameroon offers a rich cultural experience and the opportunity to interact with a diverse group of people. However, it's worth noting that the country has been affected by ongoing political instability, insecurity, and human rights issues in certain areas, so it's important to check the security situation before planning your trip and to take all necessary precautions. The cost of living can vary depending on location, but generally it is considered relatively low compared to other countries in the region.
The official languages are French and English, but there are also more than 250 ethnic languages spoken in the country. Expats should be prepared to learn some basic French as it will be more widely spoken and is the main language used in the official and business settings.
Read more at our Cameroon (XAF) country guide
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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