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 28 Sep 2026 · Market data fetched 28 Sep 2026, 23:25 UTC. All rates = units of local currency per 1 US dollar.
Official (per $1)579.88official · BCEAO
Market (per $1)596.50parallel · Bybit P2P
Premium vs official+2.87%Market vs official (positive = market weaker)
Coveragelive
Central bank policy rate3.00%Taux directeur (principal) · BCEAO · effective 2026-03-16 · source
Premium history
21 observed days · Aug 31 – Sep 28 · no interpolation
7-day change-0.08 pp
Min / max (observed range)1.00% / 3.4%
Volatility (std dev of daily premium)0.76%
Continent rank18th widest of 54
Context
The West African CFA franc currently trades at a premium of +2.87% — the 18th 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.
