CFA Franc

CFA Franc

The West African CFA franc (French: franc CFA; Portuguese: franco CFA or simply franc, ISO 4217 code: XOF) is the currency of eight independent states in West Africa: Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal and Togo. These eight countries had a combined population of 105.7 million people in 2014, and a combined GDP of US$78.4 billion (as of 2012).The acronym CFA stands for Communauté Financière d'Afrique ("Financial Community of Africa") or Communauté Financière Africaine ("African Financial Community"). The currency is issued by the BCEAO (Banque Centrale des États de l'Afrique de l'Ouest, "Central Bank of the West African States"), located in Dakar, Senegal, for the members of the UEMOA (Union Économique et Monétaire Ouest Africaine, "West African Economic and Monetary Union"). The franc is nominally subdivided into 100 centimes but no centime denominations have been issued. The Central African CFA franc is of equal value to the West African CFA franc, and is in circulation in several central African states. They are both the CFA franc.

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 CFA Franc to South African Rand exchange rates chart

40 XOF to ZAR exchange rates graph
40 XOF 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 XOF to ZAR exchange rates table

Exchange XOF to ZAR
40 CFA Franc = 0.994 South African Rand
80 CFA Franc = 1.988 South African Rand
200 CFA Franc = 4.969 South African Rand
400 CFA Franc = 9.938 South African Rand
Exchange CFA Franc to South African Rand
40 CFA Franc 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 XOF to ZAR exchange rates news

Ivory Coast inflation rises to 0.8 pct year-on-year in October

Consumer price inflation in Ivory Coast rose to 0.8 percent year-on-year in October, up from 0.5 percent in September, data from the National Statistics Institute showed on Monday.

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Gabon : Cours de change du franc CFA d’Afrique centrale

Infos Plus Gabon! - le portail d actualités Gabonaises, Plus d infos, Gabon, Le Gabon, Informations du Gabon, News,Nouvelles, Actualités Gabon, Gabon Infos, Gabon Économie, Économie du Gabon, Libreville Actualités, Port-Gentil actualités, gouvernement, Politique.

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Gabon : Cours de change du franc CFA d’Afrique centrale

Infos Plus Gabon! - le portail d actualités Gabonaises, Plus d infos, Gabon, Le Gabon, Informations du Gabon, News,Nouvelles, Actualités Gabon, Gabon Infos, Gabon Économie, Économie du Gabon, Libreville Actualités, Port-Gentil actualités, gouvernement, Politique.

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Gabon : Cours de change du franc CFA d’Afrique centrale

Infos Plus Gabon! - le portail d actualités Gabonaises, Plus d infos, Gabon, Le Gabon, Informations du Gabon, News,Nouvelles, Actualités Gabon, Gabon Infos, Gabon Économie, Économie du Gabon, Libreville Actualités, Port-Gentil actualités, gouvernement, Politique.

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Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Benefits as UK Industrial Orders Recover
Pound Sterling South African Rand (GBP/ZAR) Exchange Rate Benefits as UK Industrial Orders Recover

An unexpectedly strong improvement in the CBI industrial orders index helped to shore up Pound Sterling (GBP), in spite of lingering political worries.

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South Africa: West Rand Municipality Vehicles Locked Inside Yard As Employees Refuse to Work

Those who find themselves in emergency situations on the West Rand could be in more trouble than they think because protesting municipality workers are preventing critical services from being carried out.

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South African Rand Exchange Rate: Weak ZAR Outlook For Q4 2018 & Q1 2019 As S.A Growth Falters

Despite weakening against a basket of other currencies in the first half of 2018, the South African Rand has steadily rebounded in the foreign exchange markets since the start of September.

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Johannesburg Weather: Severe thunderstorms observed over the West Rand
Johannesburg Weather: Severe thunderstorms observed over the West Rand

Lightning and thunderstorms are observed over large parts of Roodepoort.Â

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Dollar to rand: Six major factors that determine the exchange rate
Dollar to rand: Six major factors that determine the exchange rate

With the dollar to rand exchange rate on a never-ending rollercoaster, we've decided to see what exactly makes our markets tick.

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40 XOF to ZAR currency converter