Living glossary
CFA franc (XAF)
The Central African CFA franc, ISO code XAF, is the official currency of the six CEMAC countries, including Cameroon. It is linked to the euro by a fixed peg guaranteed by BEAC.
Updated
There are two CFA francs: XAF (Central Africa, BEAC) and XOF (West Africa, BCEAO). Same value against the euro, different institutions and banknotes. A transfer “to Cameroon” should arrive in XAF.
On the ground — Yaoundé markets, wages, school fees, Orange Money — amounts are discussed in CFA francs. For the diaspora, converting euros to XAF correctly avoids surprises and underfunded budgets.
The XAF code appears on operator receipts, converters and international statistics. It is the figure to compare when you check what was actually received.
Go further
EUR/XAF converter
Move between euros and CFA francs using the official BEAC peg.
See also
- BEACThe Bank of Central African States (BEAC) is the central bank of the six CEMAC countries. It issues the Central African CFA franc (XAF) and guarantees its fixed peg to the euro.
- CEMACThe Economic and Monetary Community of Central Africa (CEMAC) unites Cameroon, the Central African Republic, Congo, Gabon, Equatorial Guinea and Chad around a shared currency: the Central African CFA franc (XAF).
- Fixed EUR/XAF pegThe fixed EUR/XAF peg is the official rate guaranteed by BEAC: 655.957 Central African CFA francs per 1 euro. It does not move day to day like a floating currency.
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