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.

Danish Krone

Danish Krone

The krone (Danish pronunciation: [ˈkʁoːnə]; plural: kroner; sign: kr.; code: DKK) is the official currency of Denmark, Greenland and the Faroe Islands, introduced on 1 January 1875. Both the ISO code "DKK" and currency sign "kr." are in common use; the former precedes the value, the latter in some contexts follows it. The currency is sometimes referred to as the Danish crown in English, since krone literally means crown. Historically, krone coins have been minted in Denmark since the 17th century. One krone is subdivided into 100 øre (Danish pronunciation: [ˈøːɐ]; singular and plural), the name øre possibly deriving from Latin aureus meaning "gold coin". Altogether there are eleven denominations of the krone, with the smallest being the 50 øre coin, which is valued at one half of a krone. Formerly there were more øre coins, but those were discontinued due to inflation. The krone is pegged to the euro via the ERM II, the European Union's exchange rate mechanism. Adoption of the euro is favoured by some of the major political parties, however a 2000 referendum on joining the Eurozone was defeated with 53.2% voting to maintain the krone and 46.8% voting to join the Eurozone.

87 CFA Franc to Danish Krone exchange rates chart

87 XOF to DKK exchange rates graph
87 XOF to DKK 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.

87 XOF to DKK exchange rates FAQs

What is 87 XOF to DKK?

The meaning of 87 XOF to DKK is to exchange 87 CFA Franc to Danish Krone 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 87 XOF to DKK on the chart below.

Who can exchange 87 XOF to DKK?

Anyone with 87 CFA Franc can find a local bank or a bureau de change to convert into CFA Franc. However, if neither XOF nor DKK 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 87 XOF to DKK?

Due to the nature of the forex market, the exchange rates for 87 XOF to DKK 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 87 XOF to DKK?

Most likely you are traveling and want to get some Danish Krone cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 87 CFA Franc to Danish Krone. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 87 XOF to DKK?

Usually you can find a local bank, post office or bureau de change to exchange 87 XOF to DKK. 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 Danish Krone 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 87 XOF to DKK?

Use the tool we provided here to find the best exchange rates for 87 CFA Franc to Danish Krone. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 87 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!

87 XOF to DKK exchange rates table

Exchange XOF to DKK
87 CFA Franc = 0.990 Danish Krone
174 CFA Franc = 1.981 Danish Krone
435 CFA Franc = 4.952 Danish Krone
870 CFA Franc = 9.904 Danish Krone
Exchange CFA Franc to Danish Krone
87 CFA Franc to Danish Krone 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.

87 XOF to DKK news tweets

87 XOF to DKK added 1 tweet
2019-07-15 23:51:59 UTC
RT @LepanaAfricain: Le franc CFA est né le 26 décembre 1945, jour où la France ratifie les accords de Bretton Woods et procède à sa pre… https://t.co/5V53Gi2A2I
87 XOF to DKK added 1 tweet
2019-07-15 23:38:58 UTC
RT @JTAtv5monde: Du franc CFA à l’Eco : "théoriquement cela devrait être plus qu'un changement de nom" Daniel Ouedraogo, économiste https://t.co/qhVEdp5lYb
87 XOF to DKK added 1 tweet
2019-07-15 23:31:44 UTC
RT @Luisao75012: C’est dommage que l’eco africain va se baser sur le Franc CFA, ils ont l’occasion de prendre un temps d’avance sur… https://t.co/B1ZollyU0W
87 XOF to DKK added 1 tweet
2019-07-15 23:24:02 UTC
RT @DworaczekBendom: Le franc CFA est déjà dévalué https://t.co/IOiqEIHGNU https://t.co/vzEHBDzp58
87 XOF to DKK added 1 tweet
2019-07-15 23:23:57 UTC
@DworaczekBendom @ImmongaultR Sans bruit ils ont dévalué le franc CFA
87 XOF to DKK added 1 tweet
2019-07-15 10:12:19 UTC
@LadyCharlieM I was curious after seeing your tweets & scanned their responses. Apparently they sent an email warni… https://t.co/rvIslwJstI
87 XOF to DKK added 1 tweet
2019-07-08 10:33:00 UTC
K is for Krone - whether it be Danish, Swedish and Norwegian, we will consider it for our Expat Residential and Exp… https://t.co/LSWjs461tY
87 XOF to DKK added 1 tweet
2019-07-08 06:49:27 UTC
@Nadia_Nazir RM6 tu berapa Danish kronë?
87 XOF to DKK added 1 tweet
2019-07-08 06:38:20 UTC
I hate euros.. FYI. On the right is Danish krone, on the left euros. Same value... https://t.co/HssCsKPtfz
87 XOF to DKK added 1 tweet
2019-07-07 14:32:46 UTC
@DMSH66 Can I get half in Danish Krone and the other half Swedish Krona

87 XOF to DKK news media

87 XOF to DKK added 1 medium
2019-07-12T12:16:22+02:00
West Africa's eco: What difference would a single currency make? Fifteen countries in #WestAfrica have agreed to adopt a #singlecurrency next year called the eco. Experts are divided on the impact it would have on the region's economy, especially in the eight member states which use CFA franc - which is backed by #France. Negotiations for the joint #currency have been in the works for 30 years. The #EconomicCommunityofWestAfricanStates (Ecowas), the region's political and economic union, said the rollout will be gradual with countries meeting the laid-out criteria joining first. Why does West Africa want a single currency? Eight countries already use the #CFAfranc, which is pegged to the #euro, and is guaranteed by France. The other seven have their own currencies, none of them freely convertible. Proponents of the eco say the single currency will facilitate trade, lower transaction costs and facilitate payments amongst #Ecowas' 385 million people. However, critics worry that #Nigeria, the region's biggest economy, will dominate monetary policy and stall the projected benefits. https://lnkd.in/dXYjveZ ‪#OneAfricanMarket #TheAfricaWeWant #Africa #AU #AfCFTA #AfricaRising #CFTA #SAATM #Agenda2063 ‬#AfricaMustUnite #BetterAfricaBetterWorld ‬ #TradeNotAid‬ #IAmTheSonOfAfrica
87 XOF to DKK added 1 medium
2019-07-11T04:48:49+02:00
🌍 How to send money from UK to Cameroon: https://youtu.be/v3DazzzVELom 🔵 International remittances and money transfers promptly 🔵 Quality and honesty define us. Money orders, remittances and family remittances, abroad, without complications. Ask your question Write to the DM. WhatsApp: +58 4169720591 Email: [email protected] Facebook: Remittances DLC Venezuela #Remittances #send #giros #transfers #international #exchange #venezuela #chile #mexico #brasil #abroad #colombia #usa #spain #portugal #ecuador #exchange #forex #currency #sendmoney #cfafranc #franc #euro #england #uk #cameroon
87 XOF to DKK added 1 medium
2019-07-11T02:59:00+02:00
🌍 How to send money from UK to Cameroon: https://youtu.be/v3DazzzVELom 🔵 International remittances and money transfers promptly 🔵 Quality and honesty define us. Money orders, remittances and family remittances, abroad, without complications. Ask your question Write to the DM. WhatsApp: +58 4169720591 Email: [email protected] Facebook: Remittances DLC Venezuela #Remittances #send #giros #transfers #international #exchange #venezuela #chile #mexico #brasil #abroad #colombia #usa #spain #portugal #ecuador #exchange #forex #currency #sendmoney #cfafranc #franc #euro #england #uk #cameroon
87 XOF to DKK added 1 medium
2019-03-20T02:17:09+01:00
#CFAfranc#франкКФА
87 XOF to DKK added 1 medium
2019-03-02T15:20:02+01:00
Manifestazione dalle Associazioni africane italiane contro la stampa del franco francese #Roma #manifestazione #francofrancese #immigrazione #africani #cfa #cfafranc #immigration #stop #african
87 XOF to DKK added 1 medium
2019-07-02T16:45:42+02:00
The baht's appreciation had damaged my business... 😲😵 เมื่อค่าเงินแข็งค่าขึ้น ดีเหรอ? โนววว! กำไรหดตดหายหมดเลย
87 XOF to DKK added 1 medium
2019-06-15T22:27:04+02:00
#blokhus #denmark #danishlanguage #danishflag #danishkrone #mitdemautoamstrand #seatime #wellen #nordsee #stranddag #thesunisshining #vacation #familytime 🌊🏊‍♀️🏊‍♂️☀️🏄‍♀️🏄‍♂️😎⚓🇩🇰
87 XOF to DKK added 1 medium
2019-04-29T12:25:56+02:00
#countries #dont #euro #currency #currencies #european #unitedkingdom #croatia #bulgaria #romania #hungary #czechrepublic #poland #denmark #sweden #poundsterling #croatiankuna #bulgarianlev #romanianleu #swedishkrona #danishkrone
87 XOF to DKK added 1 medium
2019-03-15T15:07:57+01:00
🇸🇪 #stockholm #sweden #photography #swedenfoodie #stockholmfoodie #esthereatdrinkplayhappy #esthertravelingineurope #europe #danish #danishkrone
87 XOF to DKK added 1 medium
2019-03-14T23:44:53+01:00
🇩🇰 #københavn #copenhagen #photography #esthertravelingineurope #esthereatdrinkplayhappy #europe #danishkrone #danish

87 XOF to DKK news texts

Macron's Francafrique

President Emmanuel Macron was born after the end of colonialism but he very much displays colonial thinking.

almost 2 years indicative neutral
Why Some Africans Are Uncomfortable with CFA Franc

The CFA franc was established by France for purposes of serving as a legal tender in its African colonies, but years after the French administration left the continent, CFA franc continues to influence the West and Central African regions.

almost 2 years indicative neutral
“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

9 months indicative neutral
The CFA franc in West Africa: Time for a change? | DW | 22.06.2018

A group of young African rappers is challenging the use of the common currency, saying the CFA franc is a remnant of colonialism and should be abolished. But members of the African elite don't seem interested in change.

8 months indicative neutral
Concern in Denmark as Its Currency’s Peg to the Euro Is Strained

The country’s fixed exchange-rate arrangement is under extreme pressure as moves by the European Central Bank have caused the euro’s value to fall.

over 2 years conditional neutral
The Danish Krone Will Stay Weak - And That's Not A Bad Thing
The Danish Krone Will Stay Weak - And That's Not A Bad Thing

The Danish krone will stay weak as the Danish Central Bank takes measures to maintain the peg with the Euro. A stronger currency is not in Denmark's interest, a

over 2 years conditional neutral
Time For Denmark To Float The Krone
Time For Denmark To Float The Krone

Twenty-five years ago, Danes voted no to the Maastricht Treaty, and therefore no to participating in the single European currency - the euro. In 2000, they conf

about 2 years indicative positive

87 XOF to DKK currency converter

87 XOF to DKK exchange rates

20 ILS to CZK
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100 USD to COP
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20 XOF to NGN
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