ARS to XOF Exchange Rate - Convert Argentine Peso to CFA Franc - BCEAO

Converting from Argentine Peso (ARS) to CFA Franc - BCEAO (XOF)

What is Argentine Peso (ARS)

The Argentine Peso (ARS) is the official currency of Argentina, a country located in South America. Introduced in 1992, the Argentine Peso was established to replace the Austral at a rate of 1 Peso for 10,000 Austral. The currency is symbolized by “$” or sometimes as “ARS$” to differentiate it from other currencies that also use the dollar sign.

Inflation has been a persistent issue for the Argentine economy, leading to several changes in currency policies and even the introduction of new denominations. The Argentine Peso comes in both coins and banknotes, with notes available in denominations of $100, $50, $20, $10, and $5, while coins typically exist in smaller values, like $1, 50 cents, and 25 cents.

The value of the ARS against other currencies can fluctuate significantly due to factors such as economic policies, inflation rates, and political stability. As a result, the exchange rate can vary widely, impacting trade, travel, and investment opportunities for those dealing with the Argentine Peso.

What is CFA Franc - BCEAO (XOF)

The CFA Franc - BCEAO (XOF) is the currency used by eight West African countries that are part of the West African Economic and Monetary Union (WAEMU). This currency is managed by the Central Bank of West African States (BCEAO) and is tied to the Euro at a fixed exchange rate of €1 = 655.957 XOF. The countries using XOF include Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo.

The CFA Franc was introduced in 1945 and has its origins in the French colonial system. It is symbolized as "CFA" or "XOF" and is available in both coins and banknotes as well. The notes come in denominations of 10, 25, 50, 100, 500, 1,000, 2,000, 5,000, and 10,000 XOF, while coins are usually in smaller denominations.

One of the main advantages of the CFA Franc is the stability it provides to the economies of the countries that use it, thanks to the fixed exchange rate with the Euro. This stability helps to facilitate trade and investment among member countries, making it easier for businesses to plan and operate across borders.

Conclusion

Converting between the Argentine Peso (ARS) and CFA Franc - BCEAO (XOF) can serve various purposes, such as travel, trade, and investment. Access to accurate exchange rates is crucial for anyone engaging in international financial transactions. You can typically find these rates through banks or currency exchange platforms to ensure a smooth process when dealing with these two currencies.

Argentine Peso to CFA Franc - BCEAO conversion table

ARS to XOF conversion table

Argentine Peso (ARS)CFA Franc - BCEAO (XOF)
1 ARS0.56663744209 XOF
2 ARS1.13327488418 XOF
3 ARS1.69991232627 XOF
4 ARS2.26654976837 XOF
5 ARS2.83318721046 XOF
6 ARS3.39982465255 XOF
7 ARS3.96646209464 XOF
8 ARS4.53309953673 XOF
9 ARS5.09973697882 XOF
10 ARS5.66637442092 XOF
100 ARS56.66374420915 XOF
200 ARS113.3274884183 XOF
300 ARS169.99123262745 XOF
400 ARS226.6549768366 XOF
500 ARS283.31872104575 XOF
600 ARS339.9824652549 XOF
700 ARS396.64620946405 XOF
800 ARS453.3099536732 XOF
900 ARS509.97369788235 XOF
1 000 ARS566.6374420915 XOF
2 000 ARS1 133.27488418301 XOF
5 000 ARS2 833.18721045752 XOF
10 000 ARS5 666.37442091503 XOF
20 000 ARS11 332.74884183007 XOF
50 000 ARS28 331.87210457517 XOF
100 000 ARS56 663.74420915034 XOF
Last updated April 2, 2025 at 06:55 AM