XOF to PHP Exchange Rate - Convert CFA Franc - BCEAO to Philippine Peso

Converting from CFA Franc - BCEAO (XOF) to Philippine Peso (PHP)

What is CFA Franc - BCEAO (XOF)

The CFA Franc - BCEAO (XOF) is a currency used by eight countries in West Africa. It was established in 1945 and is managed by the Central Bank of West African States (BCEAO). The countries using XOF include Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, and Togo.

The CFA Franc is pegged to the Euro, which means its value is closely tied to the Euro's exchange rate. This peg helps stabilize the currency and facilitates trade between these West African countries and European nations. One key feature of the XOF is that it is subdivided into 100 centimes. This currency is essential for daily transactions and is widely accepted for trading goods and services within the member countries.

What is Philippine Peso (PHP)

The Philippine Peso (PHP) is the official currency of the Philippines. The currency code for the peso is PHP, and it is symbolized by "₱". The peso has undergone various transformations, including shifts from the Spanish colonial currency to a more modern system. The Bangko Sentral ng Pilipinas (BSP) is the central bank responsible for issuing and regulating the peso.

Like the CFA Franc, the peso is widely used for everyday transactions. The peso is subdivided into 100 centavos, and it comes in both coins and banknotes of varying denominations. The currency's value fluctuates based on market dynamics influenced by factors like inflation, economic policies, and global trends.

Converting between XOF and PHP

To convert CFA Franc - BCEAO (XOF) to Philippine Peso (PHP), you need to understand the current exchange rate between these two currencies. Exchange rates can vary daily due to market conditions. Thus, it’s essential to check a reliable financial news source or currency exchange website for the latest rates.

For instance, if the exchange rate is ＄1 XOF = 0.1 PHP＄, you would multiply the amount in XOF by 0.1 to find the equivalent amount in PHP. If you have 1,000 XOF, the conversion would be:

1,000 XOF × 0.1 = 100 PHP

Conversely, if you want to convert PHP back to XOF, you would divide the amount in PHP by the exchange rate.

Understanding these conversions can be crucial for individuals traveling between West Africa and the Philippines, traders, or anyone dealing with these currencies. Always keep in mind that exchange rates fluctuate, so it's good practice to verify the current rate before making any conversions.

CFA Franc - BCEAO to Philippine Peso conversion table

XOF to PHP conversion table

CFA Franc - BCEAO (XOF)Philippine Peso (PHP)
1 XOF0.09620227549 PHP
2 XOF0.19240455097 PHP
3 XOF0.28860682646 PHP
4 XOF0.38480910194 PHP
5 XOF0.48101137743 PHP
6 XOF0.57721365291 PHP
7 XOF0.6734159284 PHP
8 XOF0.76961820388 PHP
9 XOF0.86582047937 PHP
10 XOF0.96202275485 PHP
100 XOF9.62022754852 PHP
200 XOF19.24045509704 PHP
300 XOF28.86068264556 PHP
400 XOF38.48091019409 PHP
500 XOF48.10113774261 PHP
600 XOF57.72136529113 PHP
700 XOF67.34159283965 PHP
800 XOF76.96182038817 PHP
900 XOF86.58204793669 PHP
1 000 XOF96.20227548522 PHP
2 000 XOF192.40455097043 PHP
5 000 XOF481.01137742608 PHP
10 000 XOF962.02275485215 PHP
20 000 XOF1 924.0455097043 PHP
50 000 XOF4 810.11377426076 PHP
100 000 XOF9 620.22754852152 PHP
Last updated May 6, 2025 at 07:55 AM