Currency of Niger: West African CFA franc
West African CFA franc ยท XOF ยท Currency Union
Who Issues Niger's Currency
Niger's currency arrangement is regional: the West African CFA franc (XOF) is administered through a multi-country monetary union. The symbol used here is CFA, and ISO 4217 records numeric identifier 952. Its currency framework records a peg, so exchange-rate management is tied to an external reference point.
For currency calculations involving Niger, Central Bank of West African States (BCEAO) administers the West African CFA franc at regional level. Niger participates in that currency union instead of operating a separate national issue. The result is the rate context explicit.
The exchange-rate context for Niger is expressed through West African CFA franc (XOF). Comparing like-for-like timestamps is important, since a bank or payment provider may add its own spread or fee on top of the reference market movement. 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 Niger?
In the Niger context, the West African CFA franc (XOF) is administered regionally by Central Bank of West African States (BCEAO), and Niger participates in that shared monetary arrangement.
Who manages the currency system in Niger?
In Niger, the West African CFA franc (XOF) is administered regionally by Central Bank of West African States (BCEAO), and Niger participates in that shared monetary arrangement. This approach leaves the provider margin separate from the benchmark.
Are the exchange rates for Niger real-time?
On this Niger currency page. 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.
Sources & methodology
Institutional facts are checked against Central Bank of West African States (BCEAO) and the monetary framework applicable to Niger. XOF is identified under ISO 4217, and any dated conversion observation is presented independently of the monetary-system description.
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