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Easily convert SGD to XOF with ConvertOnline's efficient tool.
The Singapore Dollar (SGD) is the official currency of Singapore, serving as a medium of exchange for goods and services within the country. It is issued by the Monetary Authority of Singapore and is subdivided into 100 cents, providing a simple structure for transactions.
The CFA Franc BCEAO (XOF) is the currency used by eight West African countries that are part of the West African Economic and Monetary Union (WAEMU). It is issued by the Central Bank of West African States (BCEAO) and is pegged to the Euro, ensuring stability in exchange rates and promoting economic cooperation among member states.