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Burkina Faso Travel Guide - Money

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Straw merchant
 

 


Currency

CFA (Communauté Financière Africaine) Franc (XOF) = 100 centimes. Notes are in denominations of XOF10,000, 5,000, 2,500, 1,000 and 500. Coins are in denominations of XOF250, 100, 50, 25, 10, 5 and 1.

Burkina Faso is part of the French Monetary Area. Only currency issued by the Banque des Etats de l’Afrique de l’Ouest (Bank of West African States) is valid; currency issued by the Banque des Etats de l’Afrique Centrale (Bank of Central African States) is not. The CFA Franc is tied to the Euro.

Currency Exchange

Can be exchanged in banks and major hotels.

Credit/Debit Cards and ATMs

Diners Club and MasterCard have limited acceptance. No ATMs available.

Traveller's Cheques

To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in Euros or US Dollars. Banks often require proof of purchase, so all receipts should be kept as a precautionary measure. It is advised to take at least some Euros in cash.

Currency Restrictions

Restrictions apply.

Banking Hours

Mon-Thurs 0730-1130 and 1500-1600, Fri 0730-1130 and 1530-1700.

Exchange Rate Indicators

DateJul 08
£1.00=XOF824.18
$1.00=XOF415.11
€1.00=XOF655.96




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