US Dollar to CFA Franc BEAC Exchange Rate

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Historical Rate chart of USD and XAF

Updated: 14 Aug 2020 02:59:23 UTC

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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.

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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

	Aug 04	Aug 05	Aug 06	Aug 07	Aug 08	Aug 09	Aug 10	Aug 11	Aug 12	Aug 13
1 USD =	555.2527 Inverse: 0.0018	552.4988 Inverse: 0.0018	552.3616 Inverse: 0.0018	556.4215 Inverse: 0.0018	556.4215 Inverse: 0.0018	556.8159 Inverse: 0.0018	558.9201 Inverse: 0.0018	558.9715 Inverse: 0.0018	556.1668 Inverse: 0.0018	555.1701 Inverse: 0.0018

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

	Oct 2019	Nov 2019	Dec 2019	Jan 2020	Feb 2020	Mar 2020	Apr 2020	May 2020	Jun 2020	Jul 2020
1 USD =	594.5140 Inverse: 0.0017	595.2504 Inverse: 0.0017	589.8629 Inverse: 0.0017	589.1148 Inverse: 0.0017	603.1345 Inverse: 0.0017	588.7511 Inverse: 0.0017	600.0662 Inverse: 0.0017	604.8084 Inverse: 0.0017	581.1075 Inverse: 0.0017	580.4929 Inverse: 0.0017

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

	Aug 2010	Aug 2011	Aug 2012	Aug 2013	Aug 2014	Aug 2015	Aug 2016	Aug 2017	Aug 2018	Aug 2019
1 USD =	509.3032 Inverse: 0.0020	456.1888 Inverse: 0.0022	532.4049 Inverse: 0.0019	494.8387 Inverse: 0.0020	491.2011 Inverse: 0.0020	590.7050 Inverse: 0.0017	589.3136 Inverse: 0.0017	554.7063 Inverse: 0.0018	575.3629 Inverse: 0.0017	586.9060 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

Exchange rates from USD to other currencies

View all USD currency pair exchange rates

Adrienne Fuller

Adrienne Fuller is the head of publishing at Finder US. With a decade of experience creating guides in finance and education, she aims to deliver the accurate and transparent information she wishes she had when she made some of life's important financial decisions. For the past 3 years she has been the publisher of money transfers, helping readers save when they send money all over the globe. She has a BA from Colorado College and loves to hike with her two Catahoula dogs around her home in San Diego.

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US Dollar to CFA Franc BEAC Exchange Rate

Historical Rate chart of USD and XAF

Send money to Central Africa with WorldRemit

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

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

Did you know?

Send money from USD to XAF

Compare up to 4 providers

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

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

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

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

Market rate for common transfer amounts USD to XAF

Exchange rates from USD to other currencies

Adrienne Fuller

Ask an Expert

US Dollar to CFA Franc BEAC Exchange Rate

Historical Rate chart of USD and XAF

Send money to Central Africa with WorldRemit

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

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

Did you know?

Send money from USD to XAF

Compare up to 4 providers

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

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

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

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

Market rate for common transfer amounts USD to XAF

Exchange rates from USD to other currencies

Adrienne Fuller

Ask an Expert

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