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Easily convert XOF to ZAR with ConvertOnline's efficient tool.
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.
The South African Rand (ZAR) is the official currency of South Africa, as well as several neighboring countries. It is subdivided into 100 cents and is symbolized by the 'R' sign. The Rand is a vital part of the South African economy, facilitating trade and investment both domestically and internationally.