Currency of Guinea-Bissau: West African CFA franc
West African CFA franc ยท XOF ยท Currency Union
Who Issues Guinea-Bissau's Currency
The West African CFA franc (XOF) used in Guinea-Bissau comes from a common issuing framework shared by several states. That regional structure is the defining feature of the country's currency system; CFA and numeric code 952 identify the currency. The monetary setup also includes a formal exchange-rate anchor rather than an unconstrained float.
The West African CFA franc is issued at regional level by Central Bank of West African States (BCEAO), so Guinea-Bissau does not operate a separate national note issue for XOF. Monetary-system facts such as the issuer and any formal peg belong to the union, while local payment behaviour still has to be sourced for Guinea-Bissau itself.
For Guinea-Bissau, interpret the West African CFA franc (XOF) reference rate together with its observation date. The same currency pair can produce a different customer outcome once a bank, card network or money-transfer provider applies its own pricing. The page uses Regional or system monetary authority for the institutional currency context.
Exchange Rate for XOF
Banknotes and Coins
Banknotes
BCEAO's current banknote range comprises 500, 1,000, 2,000, 5,000 and 10,000 CFA francs. These denominations are shared across the West African Monetary Union.
Coins
BCEAO circulation data identifies the standard coin denominations used across the union: 1, 5, 10, 25, 50, 100, 200, 250 and 500 CFA francs.
Frequently Asked Questions
What currency is used in Guinea-Bissau?
Guinea-Bissau uses the West African CFA franc (XOF) through a regional currency union administered by Central Bank of West African States (BCEAO). For Guinea-Bissau, the union's XOF arrangement also includes the formal link to its reference currency.
Who manages the currency system in Guinea-Bissau?
Central Bank of West African States (BCEAO) is the main monetary authority identified for Guinea-Bissau.
Are the exchange rates for Guinea-Bissau real-time?
No. For Guinea-Bissau, the XOF converter requests the latest available reference observation from the supported reference source when the pair is available. The result carries its observation date, so a reader should not treat the Guinea-Bissau figure as a tick-by-tick tradable price or a guaranteed transaction rate.
Sources & methodology
For Guinea-Bissau, institutional currency facts are checked against Central Bank of West African States (BCEAO) or the applicable monetary-system authority. The XOF identity follows ISO 4217, and the exchange-arrangement classification for Guinea-Bissau is cross-checked against the IMF framework. A dynamic XOF observation for Guinea-Bissau, when available, is kept separate from those institutional facts and shows its own date and provider.
View sources used for this page
- Regional or system monetary authority
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- BCEAO - banknotes and coins
- BCEAO - 2003 banknote range and coins