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The Togo CFA Franc is a currency that's widely used in Togo, a country in West Africa. It's pegged to the Euro, which means the exchange rate is fixed.
To give you an idea of the current exchange rate, 1 USD is equivalent to approximately 550 Togo CFA Francs. This rate can fluctuate, but it's generally stable due to the currency's peg.
Exchange Rates
The exchange rate between the US Dollar (USD) and the Togolese CFA Franc (XOF) is crucial to consider when planning a trip or making transactions. According to the latest currency exchange rates, 1 West African CFA Franc is equivalent to 0.0016 US Dollars.
To give you a better idea of the exchange rate, let's take a look at the last 14 days of currency values. As you can see from the exchange rate history, the exchange rate has remained relatively stable, with 1 XOF consistently converting to 0.0016 USD since January 1st, 2025.
If you're planning to convert 1 USD to XOF, you'll get approximately 633.01 XOF, based on the interbank rate. However, keep in mind that transfer fees can vary, ranging from 0% to 5%, which can affect the final exchange rate.
Here's a comparison of the exchange rates for different transfer fees:
It's essential to check the current exchange rate and consider any transfer fees when converting your money. You can find the current exchange rate on financial news websites, currency converters, or your banking institution.
Conversion Tools
To convert 1 USD to Togo CFA, you'll need to know the current exchange rate. The exchange rate between USD and Togo CFA (also known as XOF) is typically found on financial news websites, currency converters, or your banking institution.
You can use a currency conversion formula to calculate the amount in Togo CFA: Amount in XOF = Amount in USD × Exchange Rate (USD to XOF). For example, if the exchange rate is 631.15269893197 XOF per USD, then 1 USD is equal to 631.15269893197 XOF.
A handy conversion table is provided in Example 2, which shows the equivalent amounts in Togo CFA for various amounts in USD.
Here's a quick reference table to help you convert 1 USD to Togo CFA:
You can also use online currency converters, such as the one found in Example 3, which provides a live currency converter and a handy conversion table.
History and Info
The West African CFA Franc, also known as the Togolese CFA Franc in Togo, has a fixed exchange rate with the US Dollar.
As of the last 14 days, the exchange rate has remained constant at 1 West African CFA Franc = 0.0016 US Dollar.
Here's a breakdown of the exchange rate for the past two weeks:
You can use this information to plan your currency exchange needs for travel to Togo.
XOF Exchange Rate History
The West African CFA Franc, or XOF, has a fascinating exchange rate history. Its value has remained relatively stable over the past 14 days, with a fixed rate of 1 XOF to 0.0016 USD.
You can check the current exchange rate on various financial news websites or your banking institution to get the most up-to-date information. The exchange rate is typically represented mathematically as Amount in XOF = Amount in USD × Exchange Rate (USD to XOF).
In recent history, the exchange rate has remained consistent, with the same rate of 0.0016 USD per XOF being recorded on multiple days. For example, on the 1st January 2025, the exchange rate was also 1 XOF = 0.0016 USD.
Here's a breakdown of the exchange rate history over the past 14 days:
This consistency in exchange rate is a great example of how the XOF has maintained its value over time.
What is Bceao
The BCEAO, or Banque Centrale des Etats de l'Afrique de l'Ouest, is the central bank of West African States.
It's responsible for managing the CFA Franc, the currency used by eight African countries.
The BCEAO is headquartered in Dakar, Senegal.
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The bank plays a crucial role in maintaining economic stability within the region.
The CFA Franc is pegged to the Euro at a fixed exchange rate of 655.957 XOF to 1 Euro, which helps to stabilize its value.
This peg provides a level of security to the member countries' economies, encouraging investment and trade within the region.
The BCEAO's efforts have helped to maintain the CFA Franc's value over time.
The bank's influence extends beyond the region, supporting the economies of the countries that use the CFA Franc.
Frequently Asked Questions
How much is 1 US dollar in Togo?
As of our latest information, 1 US dollar is equivalent to approximately 627.09 Togolese Francs (XOF) with no hidden fees. Check our website for the most up-to-date exchange rates and to start transferring money to Togo today.
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