The live mid-rate USD to XAF exchange rate is 608.57. Compare currency conversion rates - Reduce FX costs.
The best USD to XAF exchange rate is 604.61 from Wise. This is -0.65% compared to the mid-market rate 608.57.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Central African franc (XAF) rates from different sources before making a conversion.
Looking at our comparison table the best USD to XAF exchange rate is 604.61 from Wise, -0.65% from the mid-market rate 608.57. The next best rate is 593.96 from WorldRemit, -2.4% 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 Dollar 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 USD-XAF mid-rate (see Market Data below ) and the possible savings of using various providers.
US dollar (USD) to Central African franc (XAF) market data - latest interbank exchange rate, trend, chart & historic rates.
Date | USD/XAF | Change | Period |
---|---|---|---|
07 Jul 2023 | 598.01 | 1.5% ▼ | 2 Week |
22 Apr 2023 | 591.14 | 0.3% ▼ | 3 Month |
21 Jul 2022 | 641.81 | 8.2% ▼ | 1 Year |
22 Jul 2018 | 558.70 | 5.5% ▲ | 5 Year |
23 Jul 2013 | 496.53 | 18.7% ▲ | 10 Year |
26 Jul 2003 | 570.63 | 3.3% ▲ | 20 Year |
Here are some popular conversion amounts for USD to XAF (US dollar to Central African franc)*.
USD | XAF |
---|---|
$ 1,000 | FCFA 608,570 |
$ 5,000 | FCFA 3,042,850 |
$ 20,000 | FCFA 12,171,400 |
$ 100,000 | FCFA 60,857,000 |
USD | XAF |
---|---|
$ 1.6430 | FCFA 1,000 |
$ 8.2150 | FCFA 5,000 |
$ 32.86 | FCFA 20,000 |
$ 164.30 | FCFA 100,000 |
More amounts
*Converted at the current USDXAF interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The USD to XAF exchange rate has recently been influenced by several key economic factors and forecasts. The US dollar has softened due to a faltering demand for safe-haven assets as market optimism has increased. Despite this trend, the dollar's decline has been somewhat offset by encouraging US durable goods orders, suggesting a nuanced economic landscape.
Read our full review of recent USD to XAF forecasts.
There are several ways to save on exchange rates when converting US dollar to Central African franc:
Generally speaking, if you are buying Central African franc with US dollar, then it's better for the USD/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 USD/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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