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 XOF0.09470200308 PHP
2 XOF0.18940400615 PHP
3 XOF0.28410600923 PHP
4 XOF0.3788080123 PHP
5 XOF0.47351001538 PHP
6 XOF0.56821201845 PHP
7 XOF0.66291402153 PHP
8 XOF0.75761602461 PHP
9 XOF0.85231802768 PHP
10 XOF0.94702003076 PHP
100 XOF9.47020030757 PHP
200 XOF18.94040061514 PHP
300 XOF28.41060092271 PHP
400 XOF37.88080123028 PHP
500 XOF47.35100153785 PHP
600 XOF56.82120184542 PHP
700 XOF66.29140215299 PHP
800 XOF75.76160246056 PHP
900 XOF85.23180276814 PHP
1 000 XOF94.70200307571 PHP
2 000 XOF189.40400615141 PHP
5 000 XOF473.51001537853 PHP
10 000 XOF947.02003075706 PHP
20 000 XOF1 894.04006151412 PHP
50 000 XOF4 735.1001537853 PHP
100 000 XOF9 470.20030757061 PHP
Last updated March 21, 2025 at 03:55 PM