The West African CFA franc (XOF) is the official currency of Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo — this page covers all of them. Benin · West African CFA franc (XOF). Official rate as of Sep 22, 2026 · Market data fetched Sep 23, 5:25 AM GMT. All rates = units of local currency per 1 US dollar.
Official (per $1)576.12official · BCEAO
Market (per $1)595.00parallel · Bybit P2P
Premium vs official+3.28%Market vs official (positive = market weaker)
Coveragelive
Central bank policy rate3.00%Taux directeur (principal) · BCEAO · effective 2026-03-16 · source
Premium history
20 observed days · Aug 25 – Sep 22 · no interpolation
7-day change-1.21 pp
Min / max (observed range)1.00% / 3.4%
Volatility (std dev of daily premium)0.74%
Continent rank17th widest of 54
Context
The West African CFA franc currently trades at a premium of +3.28% — the 17th widest gap of the 54 African currencies we track. That places it in the friction band (2–10%), where spreads often reflect liquidity, fees, or access costs rather than acute scarcity.