CFA Franc

The CFA Franc decreased to 474.11 in April from 475.94 in March of 2014. CFA Franc averaged 496.23 from 2009 until 2014, reaching an all time high of 542.79 in July of 2012 and a record low of 436.53 in November of 2009. The USDXAF spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the XAF. While the USDXAF spot exchange rate is quoted and exchanged in the same day, the USDXAF forward rate is quoted today but for delivery and payment on a specific future date. This page provides - CFA Franc - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
474.11 475.94 542.79 436.53 479.36 | 2014/05 2009 - 2014 Daily

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CFA Franc
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Markets Last Previous Highest Lowest Forecast Unit
Currency 474.11 2014-04-17 475.94 542.79 436.53 479.36 2014-05-31 [+]
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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

Gabon Inflation Rate at 3.26 Percent  
The inflation rate in Gabon was recorded at 3.26 percent in December of 2013. Inflation Rate in Gabon is reported by the Direction Générale des Statistiques du Gabon.
Gabon Crude Oil Production at 249.00 Thousands Barrels per Day  
Crude Oil Production in Gabon increased to 249 Thousands Barrels per Day in October of 2013 from 247 Thousands Barrels per Day in September of 2013. Crude Oil Production in Gabon is reported by the U.S. Energy Information Administration.
Gabon Interest Rate at 3.25 Percent  
The benchmark interest rate in Gabon was last recorded at 3.25 percent. Interest Rate in Gabon is reported by the Bank of Central African States.
Gabon Personal Income Tax Rate at 35.00 percent  
The Personal Income Tax Rate in Gabon stands at 35 percent. Personal Income Tax Rate in Gabon is reported by the General Direction of Taxes.
Gabon Corporate Tax Rate at 35.00 percent  
The Corporate Tax Rate in Gabon stands at 35 percent. Corporate Tax Rate in Gabon is reported by the General Direction of Taxes.
Gabon Sales Tax Rate | VAT at 18.00 Percent  
The Sales Tax Rate in Gabon stands at 18 percent. Sales Tax Rate in Gabon is reported by the General Direction of Taxes.
Gabon Current Account to GDP at 10.40 Percent  
Gabon recorded a Current Account surplus of 10.40 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Gabon is reported by the Direction Générale des Statistiques du Gabon.
Gabon Balance of Trade at 3711.95 FCFA Million  
Gabon recorded a trade surplus of 3711.95 FCFA Million in 2013. Balance of Trade in Gabon is reported by the Direction Générale des Statistiques du Gabon.
Gabon Imports at 2456.08 FCFA Million  
Imports in Gabon increased to 2456.08 FCFA Million in 2013 from 2257.42 FCFA Million in 2012. Imports in Gabon is reported by the Direction Générale des Statistiques du Gabon.
Gabon Exports at 6168.03 FCFA Million  
Exports in Gabon increased to 6168.03 FCFA Million in 2013 from 5829.90 FCFA Million in 2012. Exports in Gabon is reported by the Direction Générale des Statistiques du Gabon.
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Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
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Dutch Unemployment Rate Falls for the First Time in 2014  
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Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
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