Benin: USD exchange rate

The currency chart for Benin shows historical data for the CFA Francs per USD exchange rate. These are monthly averages and not end-of-month currency values. An increase means depreciation against the USD as one can exchange more CFA Francs per USD. Depreciation implies that goods from Benin become cheaper to export and it becomes cheaper for foreigners to visit Benin.

The series for Benin are available from September 2004 to September 2024. For that period, the average exchange rate for Benin was 538.1921 CFA Francs per USD with a minimum of 415.9999 CFA Francs per USD in July 2008 and a maximum of 667.0052 CFA Francs per USD in October 2022. The most recent available data point is 591.2684 CFA Francs per USD, a change of -1.36% from the previous data point of 599.434 CFA Francs per USD and a change of -3.65% from a year ago when the level was 613.6785 CFA Francs per USD.

Currency values in Benin and elsewhere have different driving forces over the short-run and the long-run. Countries may have fixed or floating exchange rate regimes or be part of monetary unions. They may experience currency crises. These and other issues are discussed in detail on our Exchange rate page.