digifyworld
🇲🇱
Currency & Exchange

Currency of Mali: West African CFA franc

BamakoLocal time

West African CFA franc · XOF · Currency Union

West African CFA franc
ISO XOF · MALI
West African CFA franc
ISO codeXOF
Monetary authorityCentral Bank of West African States (BCEAO)
XOF
ISO 4217 code
Currency identifier
1
Currencies with an official role
Currency Union
CFA
Currency symbol
Use the ISO code when a symbol is ambiguous
Pegged
Exchange-rate context
Formal monetary link
CurrencyWest African CFA franc
ISO codeXOF
Largest note10,000 F
Largest coin500 F
Current note seriesBCEAO 2003 range
Pegged toEuro (fixed parity)

Who Issues Mali's Currency

The West African CFA franc (XOF) circulating in Mali is a union currency rather than a standalone national issue. A common monetary authority serves the member economies; the notation here is CFA, with ISO numeric code 952. A documented peg forms part of the currency arrangement and influences how its external value is managed.

For the monetary setup used in Mali, Central Bank of West African States (BCEAO) administers the West African CFA franc at regional level. Mali participates in that currency union instead of operating a separate national issue. That keeps the reference value properly qualified.

Currency architectureCurrency Union
Primary currencyWest African CFA franc (XOF)
Monetary authorityCentral Bank of West African States (BCEAO)
ModifiersPegged

For Mali, West African CFA franc (XOF) is the unit that matters for this comparison. Read the dated reference observation alongside the terms offered by banks, cards or transfer providers, because retail conversion costs can differ from the underlying market reference. The page uses Regional or system monetary authority for the institutional currency context.

Exchange Rate for XOF

Latest available reference rate*Loading...
Checking USD/XOF
Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.
=

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.

500 FBCEAO
1,000 FBCEAO
2,000 FBCEAO
5,000 FBCEAO
10,000 FBCEAO
Shared BCEAO design

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.

1F
5F
10F
25F
50F
100F
200F
250F
500F
Shared BCEAO coinage

Frequently Asked Questions

What currency is used in Mali?

Within Mali's currency framework, the West African CFA franc (XOF) is administered regionally by Central Bank of West African States (BCEAO), and Mali participates in that shared monetary arrangement. This approach leaves the data layers easy to distinguish.

Who manages the currency system in Mali?

When interpreting West African CFA franc data for Mali, the West African CFA franc (XOF) is administered regionally by Central Bank of West African States (BCEAO), and Mali participates in that shared monetary arrangement. That keeps the comparison anchored to a dated observation.

Are the exchange rates for Mali real-time?

When an XOF rate is shown, for supported pairs, the converter retrieves the latest available reference observation and keeps the date visible. It should not be read as a live executable quote. This keeps the timing of the observation visible.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

More about Mali

Explore Mali across the other DigifyWorld country-data sections.

Public HolidaysPublic holidays 2026 and 2027→Digital AdoptionInternet, payments and digital government→Population & DemographicsPopulation, age structure and projections→Economy SnapshotGDP, trade and economic structure→LanguagesLanguages, scripts and language context→Human DevelopmentHDI and quality-of-life indicators→Geography & EnvironmentLand, climate and environment→Practical Country InfoTime, driving, electricity and codes→EducationSchool system and education data→

Sources & methodology

The institutional description for Mali is grounded in Central Bank of West African States (BCEAO) and the relevant monetary arrangement. Currency identification uses ISO 4217 for XOF, with institutional exchange arrangements separated from time-specific rate data.

View sources used for this page
Exchange-rate note: the XOF converter for Mali requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.