The official currency is the West African CFA Franc (XOF), divided into 100 centimes. West African CFA Franc currency symbol: BCEAO West African CFA Franc coins available: 1, 5, 10, 25, 50, 100, 200, 500 francs West African CFA Franc banknotes available: 1000, 2000, 5000, 10,000 francs Central Bank: Banque Centrale des États … We have experienced support staff in Australia, USA, UK, Canada, New Zealand, Hong Kong and Singapore.Once OFX receives your funds, 80% of all major currency transfers are processed in 24 hours.We've got better rates and fees than the banks, and have securely transferred over AUD $100 billion worldwide since 1998.The West African CFA franc is the currency of eight independent states in West Africa. INR 0.01 keyboard_arrow_right. The official money used in Ivory Coast is West African CFA Franc. The exchange rate for the West African CFA was last updated on August 31, 2020 from The International Monetary Fund. The currency symbol of the Ivoirian money is CFA. Several countries use the U.S. dollar as their official currency, and many others allow it to be used in a de facto capacity. The United States Dollar is the currency in American Samoa (AS, ASM), British Virgin Islands (VG, VGB, BVI), El Salvador (SV, SLV), Guam (GU, GUM), Marshall Islands (MH, MHL), Micronesia (Federated States of Micronesia, FM, FSM), Northern Mariana Islands (MP, MNP), Palau (PW, PLW), Puerto Rico (PR, PRI), United States (United States of America, US, USA), Turks and Caicos Islands (TC, TCA), Virgin Islands (VI, VIR), Timor-Leste, Ecuador (EC, ECU), Johnston Island, Midway Islands, and Wake Island. The data reached an all-time high of 768.850 in Jun 2001 and a record low of 174.991 in Sep 1957. Cote D'Ivoire / Ivory Coast Currency Converter What is the unit of money in Cote D'Ivoire / Ivory Coast? Other West African nations that use the currency are Benin, Togo, Senegal, Mali, Burkina Faso, Niger, and Guinea-Bissau. In 2004, a new series of notes was introduced in denominations of 1,000, 2,000, 5,000 and 10,000 francs, with the 500-franc note having been replaced by a coin the year before. Get bank beating foreign currency exchange with OFX. Ivory Coast's Exchange Rate against USD averaged 572.219 (XOF/USD) in Jul 2020, compared with 582.835 XOF/USD in the previous month.
The USDXOF decreased 2.2200 or 0.40% to 549.0300 on Friday August 28 from 551.2500 in the previous trading session. 1957 - 2020 | Monthly | XOF/USD | CEIC Data 04/87.

Even though during the early 1950s to the mid 1980s, CFA countries experienced higher real GDP growth and lower inflation rates than other non-CFA Sub-Saharan countries, the economic shocks of the 1986 and 1993 caused the CFA franc to become increasingly overvalued and run increased deficits in the French Treasury.

These include Benin, Burkina Faso, Guinea-Bissau, Ivory Coast (Côte d'Ivoire), Mali, Niger, Senegal and Togo. The West African CFA is the currency in Benin (BJ, BEN), Burkina Faso (BF, BFA), Ivory Coast (Cote D'Ivoire, CI, CIV), Guinea-Bissau (GW, GNB), Mali (ML, MLI), Niger (NE, NER), Senegal (SN, SEN), and Togo (TG, TGO). The USD conversion factor has 6 significant digits. Ivory Coast's Exchange Rate against USD data is updated monthly, available from Jan 1957 to Jul 2020. The Central Bank of West African States took up the role of producing and circulating currency from the Bank of West Africa.
In 2019, it was announced that the West African CFA franc would be reformed, which will include renaming it the The CFA franc was introduced to the French colonies in West Africa in 1945, replacing the In 1948, aluminium 1 and 2 franc coins were introduced.

The symbol for USD can be written $. The XOF conversion factor has 6 significant digits. These include Benin, Burkina Faso, Guinea-Bissau, Ivory Coast … The West African CFA is also known as Communaute Financiere Africaine BCEAO Franc.


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