US Dollar to CFA Franc BEAC Exchange Rate

Live Rate

= £ 555.5497

Refreshing in: 60s | Fri, Aug 14, 02:59AM GMT

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Historical Rate chart of USD and XAF

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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.

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 3.99 552.216 XAF 273,905 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 20.00 541.661 XAF 259,997 The biggest name in money transfers can get your funds to friends, family, or businesses in almost every corner of the globe. Show details
USD 1 Same day USD 1.00 544.439 XAF 271,675 No fees for bank account transfers and cash pickup at 240,000 locations in 130+ countries. Go to site Show details
USD 0 1 - 2 days USD 1.99 544.439 XAF 271,136 Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
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Compare up to 4 providers

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

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