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The Central African CFA Franc (XAF) is the currency used by six Central African countries, including Cameroon, Central African Republic, Chad, Republic of Congo, Equatorial Guinea, and Gabon. Issued by the Bank of Central African States (BEAC), the XAF is pegged to the Euro at a fixed rate (1 EUR = 655.957 XAF), ensuring stability in the region. The economy of these nations largely depends on oil, mining, and agriculture.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
If you cannot find the location you would like to send to, it means we currently do not support transfers to that destination, but we are working on it! Do come back and check again as we are continuously updating our services.
If you cannot find your desired currency pair, it means that transfers to that specified currency are not supported by our services, but we are working on it! Do come back and check again as we are continuously updating our services.
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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.