FCFA ⇄ Euro Converter

How it works

The CFA franc is pegged to the euro at a rate fixed by treaty: 1 EUR = 655.957 FCFA. Unlike a floating currency, this figure does not move with markets, so the conversion is exact arithmetic rather than a live quote. The rate has held since the euro replaced the French franc in 1999, itself inheriting a peg dating from 1994. That stability is the point of the arrangement: it gives importers and savers a predictable anchor, at the cost of monetary independence for the member states. Two currencies share the identical rate: the West African CFA franc (XOF), used across eight countries, and the Central African CFA franc (XAF), used across six. They are distinct currencies and not interchangeable as banknotes, but one euro buys 655.957 of either. Note that banks and exchange offices add their own fees, so what you receive at a counter is less than the official parity.