The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
EUR to XAF Market Data
Euro (EUR) to Central African franc (XAF) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the EUR to XAF Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Euro against the Central African franc is to review how the EUR/XAF rate has changed over time.
The table below shows the percentage change in the EUR to XAF exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The USD to XAF exchange rate has experienced notable fluctuations recently, with current levels around 557.1 XAF, reflecting a decline of 1.1% from its...
Current market bias: The EUR/XAF exchange rate is likely range-bound.
Key drivers:
- Interest rate policies from the European Central Bank (ECB) are keeping the Euro steady.
- Improved economic outlook in Germany supports the Euro, boosting consumer confidence.
- Recent strength of the XAF against the US dollar due to China's investments in Cameroon may enhance economic activity.
Near-term range: Expect the EUR/XAF to remain within a stable range in the coming weeks.
What could change it: Upside risks include positive economic data from the Eurozone or easing local currency reform discussions. Downside risks could arise from rising geopolitical tensions, particularly regarding the Ukraine conflict.
---
EUR/XAF remains range-bound, steady around 656 as the ECB maintains its current interest rate policy. Improved German consumer confidence supports the Euro, while XAF's recent strength against the USD is fueled by China's investment in Cameroon. Key factors include Eurozone economic data and geopolitical risks
@bestfxrates
EUR to XAF Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Central African franc across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
Currency Guide for Cameroon (ISO Code: CM)
Traveling to Cameroon for a week of mid-range adventures can be an enriching experience. On average, you should budget approximately 350,000-450,000 CFA Francs (XAF) for a mid-range stay, which should cover food, accommodation, and transport comfortably. Here’s a glimpse of typical daily expenses in Cameroon:
🍽️ Meal at a local restaurant: 2,500-5,000 CFA
☕ Coffee: 500-1,000 CFA
🚍 Public transport fare: 200-1,000 CFA
📶 Prepaid SIM card: Around 5,000 CFA for 30 days
🏨 Budget hotel or Airbnb: Approximately 15,000-30,000 CFA per night.
Based on these costs, Cameroon offers a generally affordable travel experience compared to the United States or the UK, where similar expenses would easily be two to three times higher.
Expat Living Costs in Cameroon
For expats considering a longer-term stay in Cameroon, it's essential to plan your finances effectively. Typical monthly living costs can range from 600,000 to 1,200,000 CFA Francs, depending on lifestyle choices and location. This budget includes rent for a modest apartment, utilities, transportation, food, and entertainment. When it comes to banking, using local banks can be convenient, but ensure you’re aware of their fees and limits. Credit and debit cards are widely accepted in urban areas, yet carrying cash is essential for rural regions and transactions with smaller vendors. Online transfer services like Wise or OFX often yield better exchange rates and lower fees than exchanging cash locally, making them an excellent choice for sending or receiving money internationally.
View a full list of exchange rates by selecting your Base (from) currency: