Rate direction
US dollar to West African franc · USD/XOF trend
Review the recent market direction, current mid-market rate and significant movement alerts.
USD/XOF exchange rate
90-day market context
USD to XOF at 570.0 is near its 3-month average, having traded in a very stable 3.8% range from 556.4 to 577.5
Quick USD/XOF forecast
Currency Forecasts related to USD/XOF
USD to XOF Exchange Rate Forecast & Outlook
Currently, USD/XOF is trading close to its 30-day lows at around 568.6, holding near its 3-month average. The pair remains supported by risk-off sentiment, as both currencies are under regional and geopolitical pressure.
USD to XOF Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in West African franc across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
*Converted at the current USD-XOF interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Everyday Costs in in Senegal
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
Currency Guide: Senegal (ISO Code: SN)
Traveling to Senegal for a week-long mid-range stay, budget-conscious travelers should plan to bring around 1,000,000 to 1,200,000 West African CFA francs (XOF). This budget would comfortably cover accommodation, meals, transport, and some leisure activities. Typical daily expenses include:
- 🍲 Meal at a local restaurant: 3,000 - 7,000 XOF
- ☕ Coffee: 1,000 - 2,000 XOF
- 🚆 Public transport fare: 200 - 1,000 XOF
- 📱 Prepaid SIM card: 2,000 - 5,000 XOF
- 🏨 Budget hotel or Airbnb: 20,000 - 40,000 XOF per night
In general, Senegal can be considered affordable to visit compared to countries like the United States or the UK, where costs are significantly higher. For instance, a similar stay in the U.S. could range from 2,000 to 3,000 USD for comparable accommodation and dining, while in the UK it may set you back around 1,500 to 2,500 GBP. Overall, it's clear that Senegal offers travelers great value for their money, with rich cultural experiences available at lower prices than more developed nations.
Expat Living in Senegal
For expats planning to settle in Senegal, understanding the monthly living costs is crucial. A typical monthly budget ranges between 600,000 and 1,200,000 XOF, depending on lifestyle choices. Key expenses may include rent for a one-bedroom apartment (350,000 - 600,000 XOF), utilities (around 50,000 - 150,000 XOF), and groceries (approximately 150,000 - 300,000 XOF).
When it comes to banking, it's advisable to use a combination of local bank accounts and international online transfer services such as Wise or OFX for sending or receiving money. Using local banks often incurs high fees; thus, online services can offer competitive exchange rates and lower transaction costs. It's generally better to exchange money before arriving to benefit from favorable rates or use apps to manage your currency needs efficiently, ensuring convenience and savings.