CFA Franc to Canadian Dollar — exchange rate

Country of Circulation: Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, Togo

Currency Code, Symbol: XOF, CFA

Denominations of coins in circulation: 1, 5, 10, 25, 50, 100, 200, 250, 500 francs CFA

Denominations of banknotes in circulation: 500, 1,000, 2,000, 5,000, 10,000 francs CFA

History: The West African CFA franc (BCEAO ) is a unified currency used in 8 African states, that are part of the CFA. In 2020, the participants are planning to eliminate the currency on their territories. On the international financial market in currency exchange, the currency is known as XOF.Centimes are used as change for the West African CFA franc. Every XOF has 100 centimes. The currency has been in circulation since 1945 after the French West African franc was eliminated. Representatives of the local fauna are used in the notes’ design. There are rhinos, dromedaries, red-crested turacos.Read More

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More