Burkina Faso Currency

The Burkina Faso Currency decreased to 475.45 in April from 475.94 in March of 2014. Burkina Faso Currency averaged 493.87 from 2009 until 2014, reaching an all time high of 542.79 in July of 2012 and a record low of 436.52 in November of 2009. The USDXOF spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDXOF spot exchange rate is quoted and exchanged in the same day, the USDXOF forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Burkina Faso Currency - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
475.45 475.94 542.79 436.52 474.76 | 2014/05 2009 - 2014 Daily

TO

Burkina Faso Currency
LIST BY COUNTRY

Markets Last Previous Highest Lowest Forecast Unit
Currency 475.45 2014-04-22 475.94 542.79 436.52 474.76 2014-05-31 [+]
[+]


Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Burkina Faso Inflation Rate at -0.80 percent  
The inflation rate in Burkina Faso was recorded at -0.80 percent in February of 2014. Inflation Rate in Burkina Faso is reported by the Central Bank of West African States (BCEAO).
Burkina Faso Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Burkina Faso stands at 18 percent. Sales Tax Rate in Burkina Faso is reported by the General Direction of Taxes.
Burkina Faso Balance of Trade at -35.10 CFA Franc Billion  
Burkina Faso recorded a trade deficit of 35.10 CFA Franc Billion in March of 2013. Balance of Trade in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso Interest Rate at 3.50 percent  
The benchmark interest rate in Burkina Faso was last recorded at 3.50 percent. Interest Rate in Burkina Faso is reported by the Central Bank of West African States (BCEAO).
Burkina Faso Imports at 163.20 CFA Franc Billion  
Imports in Burkina Faso increased to 163.20 CFA Franc Billion in March of 2013 from 150.30 CFA Franc Billion in February of 2013. Imports in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso Exports at 128.10 CFA Franc Billion  
Exports in Burkina Faso increased to 128.10 CFA Franc Billion in March of 2013 from 94.50 CFA Franc Billion in February of 2013. Exports in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso Current Account at -73.70 CFA Franc Billion  
Burkina Faso recorded a Current Account deficit of 73.70 CFA Franc Billion in 2011. Current Account in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso Government Budget at -0.50 Percent of GDP  
Burkina Faso recorded a Government Budget deficit equal to 0.50 percent of the country's Gross Domestic Product in 2012. Government Budget in Burkina Faso is reported by the Central Bank of West African States (BCEAO).
Burkina Faso Industrial Production at -4.30 percent  
Industrial Production in Burkina Faso decreased 4.30 percent in the fourth quarter of 2012 over the same quarter in the previous year. Industrial Production in Burkina Faso is reported by the INSD, Burkina Faso.
Burkina Faso GDP per capita at 494.99 USD  
The Gross Domestic Product per capita in Burkina Faso was last recorded at 494.99 US dollars in 2012. The GDP per Capita in Burkina Faso is equivalent to 4 percent of the worlds average. GDP per capita in Burkina Faso is reported by the World Bank.
MORE RELATED NEWS

LATEST NEWS

US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News