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 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.

87 XOF to DKK exchange rates table

Exchange XOF to DKK
87 CFA Franc = 0.990 Danish Krone
174 CFA Franc = 1.979 Danish Krone
435 CFA Franc = 4.948 Danish Krone
870 CFA Franc = 9.896 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 exchange rates news

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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.

indicative positive
Ecobank Academy works to enhance Africa’s health systems

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indicative positive
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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.

indicative positive
USD down; Euro, Pound, Yen up

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indicative neutral
Major curriencies down

Uniindia: Mumbai, Nov 13 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

indicative neutral
Major Curriencis up

Uniindia: Mumbai, Nov 05 (UNI) Following were the indicative currency rates<br />and travellers'' cheques buying and selling rates per unit.

indicative neutral
Apple acquired Spektral for live cutout video magic

It would appear as though Apple acquired a company by the name of Spektral at the tail end of the year 2017. This Danish group specialized in the isolation of

conditional neutral

87 XOF to DKK currency converter