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 exchange 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 FAQs

What is 40 XOF to ZAR?

The meaning of 40 XOF to ZAR is to exchange 40 CFA Franc to South African Rand by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 40 XOF to ZAR on the chart below.

Who can exchange 40 XOF to ZAR?

Anyone with 40 CFA Franc can find a local bank or a bureau de change to convert into CFA Franc. However, if neither XOF nor ZAR is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 40 XOF to ZAR?

Due to the nature of the forex market, the exchange rates for 40 XOF to ZAR is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 40 XOF to ZAR?

Most likely you are traveling and want to get some South African Rand cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 40 CFA Franc to South African Rand. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 40 XOF to ZAR?

Usually you can find a local bank, post office or bureau de change to exchange 40 XOF to ZAR. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of South African Rand you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 40 XOF to ZAR?

Use the tool we provided here to find the best exchange rates for 40 CFA Franc to South African Rand. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 40 XOF in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

40 XOF to ZAR exchange rates table

Exchange XOF to ZAR
40 CFA Franc = 0.963 South African Rand
80 CFA Franc = 1.926 South African Rand
200 CFA Franc = 4.816 South African Rand
400 CFA Franc = 9.632 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 news tweets

40 XOF to ZAR added 1 tweet
2019-04-19 08:31:28 UTC
#kebetu #senegal #kemiseba #Afrique #souverainetéécononmoqueendogéne https://t.co/Lz4l2mJStF
40 XOF to ZAR added 1 tweet
2019-04-19 08:31:32 UTC
RT @al_malamine: A Bambali: @10SadioMane Sadio Mané est le héros de tout un village, Chaque famille reçoit une enveloppe de 50000(Fr… https://t.co/2OI39Eo5QG
40 XOF to ZAR added 1 tweet
2019-04-19 08:34:43 UTC
La fin du franc CFA pourrait «couper les liens entre le Trésor français» et l’Afrique https://t.co/6tU9xtXTDD
40 XOF to ZAR added 1 tweet
2019-04-19 08:57:15 UTC
RT @al_malamine: A Bambali: @10SadioMane Sadio Mané est le héros de tout un village, Chaque famille reçoit une enveloppe de 50000(Fr… https://t.co/2OI39Eo5QG
40 XOF to ZAR added 1 tweet
2019-04-19 09:08:26 UTC
La fin du franc CFA pourrait «couper les liens entre le Trésor français» et l'#Afrique #kebetu #Sénégal #FCfa… https://t.co/vQ4w0Q49CG
40 XOF to ZAR added 1 tweet
2019-04-20 04:06:41 UTC
Strive Masiyiwa Insists Mnangagwa Must Just Adopt the South African Rand Currency https://t.co/mTic5rMDIO via… https://t.co/6950CKNf5n
40 XOF to ZAR added 1 tweet
2019-04-20 04:20:36 UTC
RT @ZimEye: Strive Masiyiwa Insists Mnangagwa Must Just Adopt the South African Rand Currency https://t.co/mTic5rMDIO via… https://t.co/6950CKNf5n
40 XOF to ZAR added 1 tweet
2019-04-20 04:55:19 UTC
After the bread price almost doubled in Zimbabwe, business tycoon - Strive Masiyiwa of Liquid Telecom, Kwese and Ec… https://t.co/iuF1BAJdt1
40 XOF to ZAR added 1 tweet
2019-04-20 05:14:05 UTC
RT @zimlive: Price all goods in South African rand, Strive Masiyiwa tells Zimbabwe 'The cost structure – labour and goods – in… https://t.co/qRXY1l8Qab
40 XOF to ZAR added 1 tweet
2019-04-20 05:19:05 UTC
RT @ZimEye: Strive Masiyiwa Insists Mnangagwa Must Just Adopt the South African Rand Currency https://t.co/mTic5rMDIO via… https://t.co/6950CKNf5n

40 XOF to ZAR news media

40 XOF to ZAR added 1 medium
2015-05-23T21:30:59+02:00
Pretty Money 💜 #cfafranc #cotedivoire #thisisafrica #makeitpurplerain
40 XOF to ZAR added 1 medium
2019-04-11T16:12:57+02:00
#CFAfranc#франкКФА
40 XOF to ZAR added 1 medium
2019-03-26T19:12:31+01:00
At the French finance ministry today to debate the CFA franc that some critics say is hurting Africa's development / A Bercy aujourd'hui pour un débat sur le franc CFA a l'heure où des critiques font rage sur son héritage #franccfa #cfafranc #Africa #development #economy #colonialism #fears
40 XOF to ZAR added 1 medium
2019-03-24T03:58:54+01:00
#cfafranc#франкКФА
40 XOF to ZAR added 1 medium
2019-03-20T02:17:09+01:00
#CFAfranc#франкКФА
40 XOF to ZAR added 1 medium
2019-04-12T18:08:57+02:00
New 5 Rand coin . . #photography #canon #macro #macrophotography #coin #rand #money #southafricanrand #mandela #nelsonmandela #copper #lead #2018 #southafrica #southcoast #southcoastphotography
40 XOF to ZAR added 1 medium
2019-04-11T03:00:53+02:00
It’s starting to feel real!!! South African Rands! #TimmRodParty @claireflowers_ @_mattrod #destinationweddingsouthafrica #africansafari #bucketlist #southafrica #southafricanrand #thecolorofmoney #africaiscalling #africaiscallingimustgo
40 XOF to ZAR added 1 medium
2019-04-09T17:28:29+02:00
South african coins for swap #coinswap #southafricanrand #southafricancoins #oldcoin #oldcoins #coincollector #numismatist #numismatica
40 XOF to ZAR added 1 medium
2019-04-08T10:23:15+02:00
#currency #zar #vndVSzar #dongvszar #comparison #compare #vietnamholiday #southafrica #saffasinvietnam #southafricansinnhatrang #saffasinnhatrang #southafricanrand #southafricanrandvsvietnamesedong #myvietnameseholiday #vietnamdong #vietnamdongvssouthafricanrand #vietnam #rand #april2019 #april #southafrican #saffa
40 XOF to ZAR added 1 medium
2019-03-30T16:20:47+01:00
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40 XOF to ZAR news videos

Le franc CFA est une monnaie utilisée dans 14 pays d'Afrique sub-saharienne. Créé par la France en 1945, c'est la seule ...
Ce samedi 11 février 2017 restera gravée comme la première journée internationale de mobilisation citoyenne contre le Franc ...
Suite à l’article sur la dévaluation imminente (ou pas) du Franc CFA, j’aimerais juste parler de l’histoire de cette monnaie ...
It's touch and go at the moment. South African growth figures have been on a see saw this year. First quarter growth figures ...
One year for demonetization.. South Africa will use Banned 500 and 1000 Rs note! Yes. Still thinking? Watch this video to get the ...
Josh Sigurdson talks with author and economic analyst John Sneisen about the recent news of the creation of a sovereign wealth ...
LOOK THROUGH MY BOOKS! http://books.themoneygps.com SUPPORT MY WORK: https://www.patreon.com/themoneygps ...
Rainbow nation? Antiapartheid? White farmers fear to have their land confiscated without compensation. [Due to a high volume of ...

40 XOF to ZAR news texts

Italy's Salvini lashes out at Macron as 'terrible president'
Italy's Salvini lashes out at Macron as 'terrible president'

Italy's interior minister on Tuesday called the French leader Emmanuel Macron "a terrible president," in comments that were sure to further add to tensions with Italy's trans-Alpine neighbour over immigration.

3 months conditional neutral
Ouattara Calls For West African Political Union

Ouattara Calls For West African Political Union

3 months conditional neutral
Ouattara Calls For West African Political Union

Ouattara Calls For West African Political Union

3 months conditional neutral
‘I served President Jammeh with fear’, former GPA MD tells commission - The Point Newspaper, Banjul, The Gambia

Muhammed Lamin Gibba, former managing director of Gambia Ports Authority (GPA), has told the commission of inquiry looking into the assets and...

4 months conditional neutral
Major currency up

Uniindia: Mumbai, Mar 9 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

about 1 month indicative neutral
Sasol results boosted by oil price, rand and victory in tax dispute with Sars

The Money Show’s Bruce Whitfield interviews Bongani Nqwababa, joint-CEO at Sasol.

about 2 months indicative positive
Precious metal refiners face new LBMA environmental standard

The London Bullion Market Association (LBMA) has launched a new standard that addresses environmental as well as sustainability issues in gold and silver markets. To do that in a credible way, LBMA has been actively engaging with mining companies and producer nations.

2 months conditional positive

40 XOF to ZAR currency converter

40 XOF to ZAR exchange rates

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