Central African CFA Franc BEAC

Central African CFA Franc BEAC

The Central African CFA franc (French: franc CFA or simply franc, ISO 4217 code: XAF) is the currency of six independent states in Central Africa: Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon. These six countries have a combined population of 48.0 million people (as of 2014), and a combined GDP of US$88.2 billion (as of 2012).CFA stands for Coopération financière en Afrique centrale ("Financial Cooperation in Central Africa"). It is issued by the BEAC (Banque des États de l'Afrique Centrale, "Bank of the Central African States"), located in Yaoundé, Cameroon, for the members of the CEMAC (Communauté Économique et Monétaire de l'Afrique Centrale, "Economic and Monetary Community of Central Africa"). The franc is nominally subdivided into 100 centimes but no centime denominations have been issued. In several west African states, the West African CFA franc, which is of equal value to the Central African CFA franc, is in circulation.

South African Rand

South African Rand

The rand (sign: R; code: ZAR) is the currency of South Africa. The Rand is subdivided into 100 cents (sign: "c"). The ISO 4217 code is ZAR, from Dutch Zuid-Afrikaanse Rand (South African Rand). The Rand is legal tender in the Common Monetary Area between South Africa, Swaziland, Lesotho, and Namibia, although the last three countries do have their own currencies pegged at par with rand. Before 1976, the rand was legal tender in Botswana.

40 Central African CFA Franc BEAC to South African Rand exchange rates chart

40 XAF to ZAR exchange rates graph
40 XAF to ZAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

40 XAF to ZAR exchange rates table

Exchange XAF to ZAR
40 Central African CFA Franc BEAC = 0.954 South African Rand
80 Central African CFA Franc BEAC = 1.909 South African Rand
200 Central African CFA Franc BEAC = 4.772 South African Rand
400 Central African CFA Franc BEAC = 9.545 South African Rand
Exchange Central African CFA Franc BEAC to South African Rand
40 Central African CFA Franc BEAC to South African Rand Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

40 XAF to ZAR exchange rates news

Currency Codes

currency codes

about 2 months indicative neutral
Macron's Franco-Senegalese advisor making waves | DW | 15.05.2017

Following his victory, French President Emmanuel Macron's communications advisor has been recognized as a key component of Macron's success, and is even considered a role model to young African women.

about 2 months indicative positive
Africa: France Still Robbing and Stealing From It's "Former" African Colonies

Opinion - We always accuse the leaders of African countries of being corrupt and of not working in the interest of their citizens. However, even if they wanted to be honest leaders, they would not be able to do so.

about 2 months conditional positive
“There is no reason to fear a possible devaluation of the CFA franc,” Abbas Mahamat Tolli, governor of Beac

At the end of the 3rd session of the BEAC Monetary Policy Committee (MPC) for the year 2018, held on 31 October 2018 in the Cameroonian capital, the

3 months indicative neutral
Yes, you can afford to go overseas! 5 rand-friendly holiday spots

These amazing destinations in Europe, Asia and South America offer big payoffs at reasonable prices

about 7 hours indicative negative
Rand gains ahead of GDP data

The rand moved in tandem with other emerging markets which have been buoyed by thaw in tensions between the world’s top two economies as presidents Donald Trump and Xi Jinping struck a deal at the G20 summit over the weekend in Argentina.

about 2 months conditional positive

40 XAF to ZAR currency converter