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.

Canadian Dollar

Canadian Dollar

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

439 Central African CFA Franc BEAC to Canadian Dollar exchange rates chart

439 XAF to CAD exchange rates graph
439 XAF to CAD 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.

439 XAF to CAD exchange rates table

Exchange XAF to CAD
439 Central African CFA Franc BEAC = 1.001 Canadian Dollar
878 Central African CFA Franc BEAC = 2.002 Canadian Dollar
2195 Central African CFA Franc BEAC = 5.004 Canadian Dollar
4390 Central African CFA Franc BEAC = 10.008 Canadian Dollar
Exchange Central African CFA Franc BEAC to Canadian Dollar
439 Central African CFA Franc BEAC to Canadian Dollar 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.

Best XAF/CAD rate at Ultimate Currency Exchange in Toronto

439 XAF to CAD exchange rates at Ultimate Currency Exchange in Toronto
439 Central African CFA Franc BEAC = 0.650 Canadian Dollar
Ultimate Currency Exchange
Ultimate Currency Exchange

Ultimate Currency Exchange is a Canadian registered company that provides foreign exchange services with three branches; two in Ottawa and one in Toronto and also accepts online orders to ship foreign currency to any part of Canada. UCE buys and sells more than ninety foreign currencies with no commission fees. UCE's exchange rates are always better than Canadian banks and compete with the other exchange bureaus. Ultimate Currency Exchange is a "Money Service Business" registered with FINTRAC...

439 XAF to CAD exchange rates news

“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

indicative neutral
C$ steadies after hitting 4-month low on oil price slump

updates prices); Canadian dollar near flat against the greenback; Loonie touches its weakest since July 20 at 1.3264; Price of U.S. oil slumps 7.1.

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Canadian dollar steadies after hitting four-month low on oil price...

The Canadian dollar was little changed against the greenback on Tuesday, steadying after it touched the weakest level in nearly four months earlier in the session as a sell-off in oil accelerated.

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USD/CAD - Canadian Dollar Sinking in Oil

The Canadian dollar is caught between a rock and a hard place. The rock is widespread U.S. dollar demand against the major G-10 currencies, and the hard place is falling oil prices. West Texas Intermediate oil prices have dropped 11% in November, and ...

imperative negative

439 XAF to CAD currency converter