RON to XOF - Convert Romanian New Leu to CFA Franc BCEAO

Convert RON to XOF using our currency converter with real exchange rate today

1 RON = 131.832 XOF

1 XOF = 0.008 RON

(Mid-market exchange rate)

Last updated Oct 11, 2024 01:57 GMT

RON to XOF conversion chart

Below is the live and historical Romanian New Leu to CFA Franc BCEAO rate chart so you can see today's rate - and how the rates have changed over time.

1 RON = 131.832 XOF

Loading...

1,000 Romanian New Leu to CFA Franc BCEAO stats | RON to XOF

Stat Last 7 days Last 30 days Last 90 days Last year Selected period on chart
High 131.839 132.408 132.067 133.843 132.408
Low 131.721 131.721 131.781 130.81 131.721
Average 131.802 131.843 131.855 131.963 131.843
Volatility 0.09% 0.52% 0.22% 2.32% 0.52%

What is the Romanian New Leu worth against the CFA Franc BCEAO today?

1 RON is worth 131.832 XOF today

How much is 1,000 RON worth in XOF?

At the current exchange rate of 131.832 , a sum of 1,000 Romanian New Leu is worth 131,832 CFA Franc BCEAO.

Which currency is stronger? RON or XOF?

The Romanian New Leu is currently stronger than the CFA Franc BCEAO given that 1 RON is equal to 131.832 XOF. Conversely, 1 XOF is worth 0.008 RON.

Overview of RON to XOF Performance and Trends

Today, to buy 1,000 Romanian New Leu, you need 131,832 CFA Franc BCEAO. On the same date last year, you needed 132,304 CFA Franc BCEAO for 1,000 Romanian New Leu. This change indicates that the Romanian New Leu has lost value against the CFA Franc BCEAO by 0.36% over the past year.

The pair experienced low volatility of 2.32%.

Low volatility means there is a lower risk of significant price changes. The exchange rate is normally stable.

RON to XOF Currency Performance and Volatility

Last 7 Days

  • Performance: lei1,000 varied between CFA131.721 (weekly low) and CFA131.839 (weekly high), a variance of CFA0.118 .
  • Volatility: Fluctuated by 0.09%.

Last 30 Days

  • Performance: lei1,000 varied between CFA131.721 (30-day low) to CFA132.408 (30-day high), a variance of CFA0.687 .
  • Volatility: Fluctuated by 0.52%.

Last 90 Days

  • Performance: lei1,000 varied between CFA131.781 (90-day low) to CFA132.067 (90-day high), a variance of CFA0.286 .
  • Volatility: Fluctuated by 0.22%.

Last Year

  • Performance: lei1,000 ranged from CFA130.81 (yearly low) to CFA133.843 (yearly high), a variance of CFA3.033 .
  • Volatility: Fluctuated by 2.32%.

RON to XOF Forecast and trending

Is the Romanian New Leu going up or down against the CFA Franc BCEAO?

Today's RON to XOF exchange rate (131.832) is smaller compared to yesterday's rate (131.836).

Currency information

RON - Romanian New Leu

The currency code for Romanian New Leu is RON.

The RON currency symbol is lei.

Minor unit: 1/100 = Ban

RON rank by most traded currencies: 35

Avg proportion of daily world trade volume: 0.05%

RON rank by strongest currencies (buying power): 39

The Romanian New Leu is the currency of 1 countries:
Romania

More Romanian New Leu (RON) information >

XOF - CFA Franc BCEAO

The currency code for CFA Franc BCEAO is XOF.

The XOF currency symbol is CFA.

Minor unit: 1/100 = Centime

XOF rank by most traded currencies: Not in top 40 traded currencies

Avg proportion of daily world trade volume: 0% (Low daily trade currency)

XOF rank by strongest currencies (buying power): 119

The CFA Franc BCEAO is the currency of 8 countries:
Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, Togo

Understanding RON 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 Romanian New Leu 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 RON to XOF?

You can convert Romanian New Leu 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 Romanian New Leu 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 Romanian New Leu 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 RON 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 RON to XOF exchange rate for your specific transaction.

Get to know the RON/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 RON/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 Romanian New Leu 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 Romanian New Leu with CFA Franc BCEAO?

You'll be able to exchange CFA Franc BCEAO to Romanian New Leu in the same way as you'd exchange Romanian New Leu 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 Romanian New Leu 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 RON 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.

Frequently asked questions when converting Romanian New Leu to CFA Franc BCEAO (RON to XOF)

How much is the Romanian New Leu to CFA Franc BCEAO?

The Romanian New Leu to CFA Franc BCEAO exchange rate today is 131.832 . Use this guide to learn more about exchanging RON to XOF in the easiest and best value way for your specific needs.

How much is 1,000 Romanian New Leu to the CFA Franc BCEAO?

The RON to XOF rate today is 131.832 . That means that 1,000 Romanian New Leu would be worth 131,832 CFA Franc BCEAO.

How to exchange Romanian New Leu to CFA Franc BCEAO?

Exchange RON to XOF in person at a bank, currency exchange store or airport - or for a better exchange rate and to avoid standing in line in a physical store, use a digital service. Online currency exchange services are safe, intuitive and easy to use, to send payments internationally, or hold and exchange multiple currencies including RON to XOF.

How to send money to Benin?

If you want to send money from Romania - or anywhere else in the world - to Benin, you'll be able to do so through your bank or an online specialist service like Wise. Specialist international money transfer services can often offer better exchange rates and lower overall costs for payments to Benin - plus, you'll be able to get everything arranged with just your laptop or phone.

What is the Mid-Market Rate?

The mid-market exchange rate is the rate that banks and currency exchange services get when they buy and sell currencies like CFA Franc BCEAO and Romanian New Leu on wholesale markets. It's an important benchmark you can use to measure whether the exchange rate you're offered by a bank or exchange service is fair.

Usually banks and exchange services add a percentage margin - known as a markup - to the exchange rate they get themselves. But this markup can vary a lot, and in some cases pushes up the cost of currency exchange significantly. Learning about the mid-market rate and monitoring it can mean you get a better deal when you exchange currencies.

Get the live Romanian New Leu to CFA Franc BCEAO exchange rate with our handy tools, to help you compare your options.

Why trust us?

We take reader trust seriously. At Currency Live we're working to help our readers learn more about currency exchange so they can avoid the common pitfalls and make more of their money. Here's why you can trust us to do just that:>

Expertise and Transparency by our partnership with Wise

Our partnership with Wise reinforces our commitment to delivering transparent and reliable financial insights and aiding more than millions of monthly users in their money transfers. We already have a billion impressions and over a million yearly visitors who benefit from the depth of insight and actionable tips we can provide them.

Broad market scope

At Currency Live we cover all of currency pairs, with rates which are refreshed in real time so you'll know the details you're reading are accurate, extensive and live.

Reliable Market Analysis

Our market analysis and currency news are up-to-date, researched and presented in an easy-to-understand format. This ensures you get accurate and actionable information, without any unnecessary complexities.

Commitment to Accurate Currency Information

Currency Live was built by currency exchange experts with over 10 years experience, and we are proud to dedicate ourselves to providing essential and current information, aiding users with valuable insights for currency conversion and financial decision-making.