Togo Currency

The Togo Currency decreased to 474.11 in April from 475.94 in March of 2014. Togo Currency averaged 493.96 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 - Togo Currency - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
474.11 475.94 542.79 436.52 482.41 | 2014/05 2009 - 2014 Daily

TO

Togo Currency
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Markets Last Previous Highest Lowest Forecast Unit
Currency 474.11 2014-04-17 475.94 542.79 436.52 482.41 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

Togo Inflation Rate at -0.70 Percent  
The inflation rate in Togo was recorded at -0.70 percent in March of 2014. Inflation Rate in Togo is reported by the DGSCN, Togo.
Togo Sales Tax Rate at 18.00 Percent  
The Sales Tax Rate in Togo stands at 18 percent. Sales Tax Rate in Togo is reported by the General Direction of Taxes.
Togo Balance of Trade at -48.49 CFA Franc Billion  
Togo recorded a trade deficit of 48.49 CFA Franc Billion in June of 2012. Balance of Trade in Togo is reported by the DGSCN, Togo.
Togo Interest Rate at 3.50 Percent  
The benchmark interest rate in Togo was last recorded at 3.50 percent. Interest Rate in Togo is reported by the Central Bank of West African States (BCEAO).
Togo Current Account at -176.67 USD Million  
Togo recorded a Current Account deficit of 176.67 USD Million in 2011. Current Account in Togo is reported by the World Bank.
Togo GDP per capita at 412.79 USD  
The Gross Domestic Product per capita in Togo was last recorded at 412.79 US dollars in 2012. The GDP per Capita in Togo is equivalent to 3 percent of the worlds average. GDP per capita in Togo is reported by the World Bank.
Togo GDP per capita PPP at 905.79 USD  
The Gross Domestic Product per capita in Togo was last recorded at 905.79 US dollars in 2012, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Togo, when adjusted by Purchasing Power Parity is equivalent to 4 percent of the worlds average. GDP per capita PPP in Togo is reported by the World Bank.
Togo Population at 6.64 Million  
The total population in Togo was last recorded at 6.6 million people in 2012 from 1.6 million in 1960, changing 320 percent during the last 50 years. Population in Togo is reported by the World Bank.
Togo GDP at 3.81 USD Billion  
The Gross Domestic Product (GDP) in Togo was worth 3.81 billion US dollars in 2012. The GDP value of Togo represents 0.01 percent of the world economy. GDP in Togo is reported by the World Bank.
Togo Current Account to GDP at -8.60 Percent  
Togo recorded a Current Account deficit of 8.60 percent of the countrys Gross Domestic Product in 2012. Current Account to GDP in Togo is reported by the Central Bank of West African States.
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Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
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%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
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.
Angolan Inflation Rate Down To 7.32% in March  
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