US Dollar to CFA Franc BEAC Exchange Rate

Live Rate

= £ 593.1566

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How can I get the best exchange rate between the US dollar and the Central African CFA franc?

Since the CFA franc is pegged to the euro, it’s typically recommended that travelers from the US exchange their money into euros. You’ll get best cash exchange rate using euros in any of the former French colonies that now use the Central African CFA franc. In addition, the euro to CFA franc exchange rate is constant at 655.9 francs per euro, which makes it easy to compare different currency exchange providers.

Sending money to any of the countries using the Central African CFA franc can be done using an online money transfer company. Most of these service providers offer competitive exchange rates between USD and XAF, plus fast transaction times.

US Dollar

The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.

CFA Franc BEAC

The CFA franc BEAC (Banque des Etats de l’Afrique Centrale) is the currency for the central African countries of Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea and Gabon. The CFA franc BEAC was introduced to five French colonies in 1945, replacing the French Equatorial African franc.

What affects exchange rates between the US dollar and the Central African CFA franc?

Because of the peg between the CFA franc and the euro, the exchange rate between the US dollar and the CFA franc follows the exchange rate between the US dollar and the euro.

The euro currency is managed by the European Central Bank traded freely on the global foreign exchange market. Economic growth in both the US and the EU, as well as interest rates in both countries can greatly impact exchange rates between the two currencies —and therefore the rate between the dollar and the CFA franc.

As of 2018, the countries that use the Central African CFA franc are:

  • Cameroon
  • Central African Republic
  • Chad
  • Republic of the Congo
  • Equatorial Guinea
  • Gabon

Did you know?

There’s another group of countries further west in Africa that uses another version of the CFA franc known as the West African CFA franc. These are separate currencies, although they’re of equal value.

Send money from USD to XAF

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
USD 1 Within an hour USD 3.99 589.598 XAF 292,446 Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details
USD 1 3 - 5 days USD 0.00 581.293 XAF 290,647 No fees for bank account transfers and cash pickup at 240,000 locations in 130+ countries. Go to site Show details

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Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

How does the Central African CFA franc trade against the US dollar historically?

The CFA franc is pegged to the euro at 655.9 francs per euro, a rate that’s remained the same since a devaluation in 1994.

The overall trend over the past 10 years has seen the CFA franc gradually weaken compared to the US dollar. The highest value in those 10 years was seen during the Financial Crisis in 2008 when you’d need only about 400 francs to get 1 US dollar. Later that year, the US economy started to recover and the value of the franc plunged to a rate of about 520 francs per dollar.

The value of the CFA franc remained at about the same level until late 2014, when it started to lose value compared to the US dollar. By 2015, the exchange rate had stabilized to a level of about 580 CFA francs for each US dollar.

US Dollar to the CFA Franc BEAC for the last 10 days

Nov 27 Nov 28 Nov 29 Nov 30 Dec 01 Dec 02 Dec 03 Dec 04 Dec 05 Dec 06
1 USD = 596.0455 Inverse: 0.0017 595.7018 Inverse: 0.0017 595.3291 Inverse: 0.0017 595.3422 Inverse: 0.0017 595.3256 Inverse: 0.0017 592.2020 Inverse: 0.0017 591.8854 Inverse: 0.0017 591.8854 Inverse: 0.0017 590.7407 Inverse: 0.0017 593.1566 Inverse: 0.0017

US Dollar to the CFA Franc BEAC for the last 10 months

Feb 05 Mar 08 Apr 08 May 09 Jun 09 Jul 10 Aug 10 Sep 10 Oct 11 Nov 11
1 USD = 574.9629 Inverse: 0.0017 583.8706 Inverse: 0.0017 582.7690 Inverse: 0.0017 584.7257 Inverse: 0.0017 579.5071 Inverse: 0.0017 582.6379 Inverse: 0.0017 581.4964 Inverse: 0.0017 593.6397 Inverse: 0.0017 594.2183 Inverse: 0.0017 594.4439 Inverse: 0.0017

US Dollar to the CFA Franc BEAC for the last 10 years

Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018
1 USD = 470.7156 Inverse: 0.0021 500.0218 Inverse: 0.0020 489.5370 Inverse: 0.0020 501.9642 Inverse: 0.0020 481.3550 Inverse: 0.0021 532.3549 Inverse: 0.0019 603.7407 Inverse: 0.0017 618.2039 Inverse: 0.0016 552.7153 Inverse: 0.0018 578.3099 Inverse: 0.0017

Market rate for common transfer amounts USD to XAF

US Dollars (USD) CFA Franc BEAC (XAF)
$1 0
$100 0
$500 0
$1000 0
$1500 0
$2500 0
$5000 0

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