What is the Bangladeshi Taka worth against the CFA Franc BCEAO today?

1 BDT is worth 5.019 XOF today

How much is 1,000 BDT worth in XOF?

At the current exchange rate of 5.019 , a sum of 1,000 Bangladeshi Taka is worth 5,019 CFA Franc BCEAO.

Which currency is stronger? BDT or XOF?

The Bangladeshi Taka is currently stronger than the CFA Franc BCEAO given that 1 BDT is equal to 5.019 XOF. Conversely, 1 XOF is worth 0.199 BDT.

Overview of BDT to XOF Performance and Trends

Today, to buy 1,000 Bangladeshi Taka, you need 5,019 CFA Franc BCEAO. On the same date last year, you needed 5,617 CFA Franc BCEAO for 1,000 Bangladeshi Taka. This change indicates that the Bangladeshi Taka has lost value against the CFA Franc BCEAO by 10.65% over the past year.

The pair experienced high volatility of 16.09%.

High volatility means there is a higher risk of significant price changes. It is better to closely monitor the exchange rate in such situations.

BDT to XOF Currency Performance and Volatility

Last 7 Days

• Performance: ৳1,000 varied between CFA4.974 (weekly low) and CFA5.033 (weekly high), a variance of CFA0.059 .
• Volatility: Fluctuated by 1.19%.

Last 30 Days

• Performance: ৳1,000 varied between CFA4.895 (30-day low) to CFA5.033 (30-day high), a variance of CFA0.138 .
• Volatility: Fluctuated by 2.82%.

Last 90 Days

• Performance: ৳1,000 varied between CFA4.905 (90-day low) to CFA5.171 (90-day high), a variance of CFA0.266 .
• Volatility: Fluctuated by 5.42%.

Last Year

• Performance: ৳1,000 ranged from CFA4.905 (yearly low) to CFA5.694 (yearly high), a variance of CFA0.789 .
• Volatility: Fluctuated by 16.09%.

BDT to XOF Forecast and trending

Is the Bangladeshi Taka going up or down against the CFA Franc BCEAO?

Today's BDT to XOF exchange rate (5.019) is higher compared to yesterday's rate (5.016).

Understanding BDT to XOF Currency Exchange: Our Top Tips

Let's look at some practical information, ideas and tips to help you make sure you can get the most from your money when you convert Bangladeshi Taka to CFA Franc BCEAO, to send a payment, for a trip overseas, when shopping online or to hold a balance in CFA Franc BCEAO.

How to convert BDT to XOF?

You can convert Bangladeshi Taka to CFA Franc BCEAO either in a physical location or online. If you choose to exchange money at a currency exchange store, bank or at the airport, you'll be given your CFA Franc BCEAO in cash. Or, you can choose to convert digitally, to send a payment overseas for example.

If you're exchanging money in a physical location you'll usually need to take the following steps:

• Choose an exchange service that suits your needs
• Head there with the money in Bangladeshi Taka cash to exchange
• Get a quote for the exchange rate and any commission or fee you need to pay
• Hand over your money and receive your CFA Franc BCEAO in cash

Exchanging your money digitally is often easier. As an example, here's how to send a payment overseas:

• Choose an international payment service that suits your needs and head to their desktop site, or download their app
• Tap Send Payment
• Enter the amount in Bangladeshi Taka you want to send, or the amount in CFA Franc BCEAO you want your recipient to get in the end
• You'll be shown a quote for the exchange rate and any commission or fee you need to pay
• Choose your preferred payment method, and follow the prompts to pay
• Your money will be deposited to your recipient's bank account directly, in CFA Franc BCEAO

How to get the best BDT to XOF exchange rate?

Because banks, currency exchange offices and international payment services all set their own exchange rates, you'll need to shop around a little to find the best BDT to XOF exchange rate for your specific transaction.

Get to know the BDT/XOF mid-market exchange rate using reputable currency conversion tools, so you'll be able to see how the market is trending. You can often set up rate alerts so the service you choose will send you a message when the BDT/XOF mid-market exchange rate hits your preferred level. Once you see a rate you like, act fast to complete your transaction before markets move again.

Another smart option is to open a multi-currency account which lets you hold a selection of major world currencies, often including Bangladeshi Taka and CFA Franc BCEAO. This can be helpful if you transact internationally often, live overseas, receive payments from abroad, invest in diverse markets or even if you simply love to shop online with international retailers. Because you can hold a balance in the currency or currencies of your choice, there's no need to convert from one currency to another unnecessarily - you can wait until exchange rates are favorable to avoid losing out.

How to buy Bangladeshi Taka with CFA Franc BCEAO?

You'll be able to exchange CFA Franc BCEAO to Bangladeshi Taka in the same way as you'd exchange Bangladeshi Taka to CFA Franc BCEAO. If you have CFA Franc BCEAO in your pocket in cash, you can take them along to a currency exchange service and ask if they'll buy back in exchange for CFA Franc BCEAO. Be aware that the exchange rate might not be great - so coming back from a trip with as little foreign cash as possible is a smart plan.

On the other hand, if you hold Bangladeshi Taka in a bank or specialist provider account, you'll be able to take advantage of online currency exchange services which can often offer fast, efficient and good value conversion which uses a better rate than a bank would.

Where to exchange BDT to XOF?

You can exchange currencies in person at a currency exchange store, bank or airport, or use an online service instead. It's helpful to know that in person currency exchange options can offer a pretty poor deal overall, as exchange rates commonly include a markup - an extra fee. If you're exchanging somewhere with little local competition - like at an airport or hotel, for example - the chances are that the rate you get will be even worse.

A good alternative is to open a multi-currency account which lets you hold and exchange currencies digitally - and if you pick an account which also offers a linked debit card, you can make ATM withdrawals at home and abroad whenever you need cash. Digital specialist services can often offer a better exchange rate with lower overall costs compared to using your bank or exchanging cash in person - plus they're intuitive to use and let you manage your money with just your phone.