CFA Franc XOF
Definition of 'CFA Franc XOF'
The CFA franc is the name of two currencies used in Africa which are guaranteed by the French treasury. The two CFA franc currencies are the West African CFA franc and the Central African CFA franc. The two currencies exchange at parity and are thus effectively interchangeable. Both CFA Francs currently have a fixed exchange rate to the euro.
Do you have a trading or investing definition for our dictionary? Click the Create Definition link to add your own definition. You will earn 150 bonus reputation points for each definition that is accepted.
Is this definition wrong? Let us know by posting to the forum and we will correct it.