Currency Pair XAFAWG: An Overview

The currency pair XAFAWG consists of two unique currencies: the Central African CFA franc (XAF) and the West African CFA franc (XOF). Both of these currencies have an interesting history and are used in several African countries, making them important for regional trade and economy.

Central African CFA Franc (XAF)

The Central African CFA franc (XAF) is the currency used in six Central African countries that are members of the Central African Economic and Monetary Community (CEMAC). These countries include Cameroon, Central African Republic, Chad, Congo-Brazzaville, Equatorial Guinea, and Gabon. XAF is pegged to the euro, providing a certain stability in the exchange rate against other currencies.

West African CFA Franc (XOF)

The West African CFA franc (XOF) is used in eight West African countries that are members of the West African Economic and Monetary Union (WAEMU). These countries include Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, and Togo. Similar to XAF, XOF is also pegged to the euro, contributing to its stability.

Convert Between Different Currencies

On this page, you can easily convert between different currencies, including XAF and XOF, using our currency converter. Follow these simple steps:

1. Enter the amount you want to convert.
2. Select the original currency.
3. Choose the target currency.
4. The conversion will then be done automatically.

To help you understand trends and fluctuations in exchange rates, a chart with historical figures for the currency pair is also presented alongside the conversion. This tool is invaluable for anyone who needs to keep track of currency rates for business or travel purposes.