What Currency Does Benin Use?
Facts last checked 31 August 2026.
Exchange rate (approximate):
1 USD ≈ 574.29 XOF
1 GBP ≈ 769.88 XOF
Rates are indicative (July 2026) and change daily. Always check live rates before travelling. Rates by Exchange Rate API.
Travel Money Card
Travelling to Benin? Avoid poor airport exchange rates — a prepaid travel money card or multi-currency card usually gets you a far better deal on West African CFA franc spending.
What is money called in Benin?
Money in Benin is called the West African CFA franc — its ISO 4217 currency code is XOF, and its symbol is Fr. The West African CFA franc is the official legal tender in Benin and is used for all everyday transactions — from paying for goods and services to converting money at banks and exchange bureaus. When travelling, you may also see it referred to as the Benin currency or simply money in Benin.
Is the West African CFA franc used anywhere else?
Yes — West African CFA franc (XOF) is also used in Burkina Faso, Ivory Coast, Mali, Niger, Senegal and 1 other countries.
Practical money tips for Benin
Card payments are widely accepted in most cities, but it's still worth carrying some West African CFA franc in cash for smaller vendors, local transport and rural areas. Notify your bank before travelling to avoid transactions being blocked, and compare card fees — many cards charge a foreign transaction fee that a dedicated travel money card avoids.
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Money essentials for Benin
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Benin currency — FAQ
What is the currency of Benin?
The currency of Benin is the West African CFA franc (currency code: XOF, symbol: Fr).
What is the currency code for Benin?
The ISO 4217 currency code for the West African CFA franc is XOF.
What is the West African CFA franc symbol?
The symbol for the West African CFA franc is Fr. You will see this on price tags and receipts throughout Benin.
What currency is used in Benin?
The official currency used in Benin is the West African CFA franc (XOF).
Can I use US dollars in Benin?
The official currency of Benin is the West African CFA franc, not the US dollar. While USD may be accepted in some tourist hotels and major cities, you will generally get better rates paying in West African CFA franc and should exchange money before or on arrival.
What is the exchange rate for Benin?
As of July 2026, approximately 1 USD = 574.29 XOF and 1 GBP = 769.88 XOF. Rates change daily — always check a live source before travelling or sending money.
What is money called in Benin?
Money in Benin is called the West African CFA franc (XOF).
Do other countries use the West African CFA franc?
Yes — West African CFA franc (XOF) is also used in Burkina Faso, Ivory Coast, Mali, Niger, Senegal and 1 other countries.
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