Convert 1 CFA Franc BCEAO (XOF) to British Pound Sterling (GBP)
Exchange rates used for currency conversion updated on 17th July 2019 ( 17/07/2019 )
Below you will find the latest exchange rate for exchanging CFA Franc BCEAO (XOF) to British Pound Sterling (GBP) , a table containing most common conversions and a chart with the pair's evolution.
The CFA Franc BCEAO (XOF) to British Pound Sterling (GBP) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies om;ine and offline.
The official currency for Western African states is the CFA franc. The franc is subdivided into 100 centimes and comes in denominations of 1000, 2000, 5000 and 10000 francs. Foreign currency can be exchanged at most banks and at various foreign currency exchange offices. The franc is the only currency that is valid in the country rates for exchanges may vary from bank to bank.
About British Pound Sterling (GBP)
Monetary policies affecting the pound sterling (GBP) are dispersed amongst 8 separate central banks throughout the territories, dependencies, and countries of the United Kingdom. The Bank of England is the primary central bank and is responsible for monetary policy and currency issuance in England, Wales, Scotland, and Northern Ireland. This floating currency is the third most widely held reserve currency in the world. The future of the GBP is dependent upon the political decision of whether or not to allow the GBP to be absorbed by the euro, effectively placing all of the United Kingdom into the eurozone.