Frax Share (FXS) to West African CFA Franc (XOF) exchange rate
Here, you’ll find the real-time exchange rate from FXS to XOF, making it easy for you to convert your crypto to cash.
1 Frax Share = 455.66 West African CFA Franc, 1 West African CFA Franc = 0.0021946 Frax Share
CFA455.66
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FXS/XOF close: -- Low: -- High: --
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Popular Frax Share (FXS) pairings
FXS/XOF currency info
Frax Share (FXS)
Frax Share (FXS) is the governance token of the Frax ecosystem, a unique stablecoin protocol that aims to provide a scalable and decentralized solution for digital currency stability. Unlike traditional stablecoins, Frax uses a fractional-algorithmic approach, combining collateralized and algorithmic mechanisms to maintain its value. FXS plays a crucial role in the ecosystem by allowing holders to participate in governance decisions, influencing the protocol's future developments and stability measures. This involvement empowers users to have a say in the evolution of the Frax ecosystem, making FXS an integral part of its innovative approach to stablecoin technology. As a new user, exploring FXS offers insight into how decentralized finance is reshaping the landscape of digital currencies.
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West African CFA Franc (XOF)
The XOF, known as the West African CFA Franc, is the official currency used by eight West African countries, including Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo. It was introduced in 1945 and is issued by the Central Bank of West African States (BCEAO). The currency is subdivided into 100 centimes. The XOF is pegged to the euro, ensuring stability in exchange rates. Banknotes are available in denominations of 500, 1,000, 2,000, 5,000, and 10,000 francs, while coins are issued in 1, 5, 10, 25, 50, 100, 200, 250, and 500 francs. The CFA Franc plays a crucial role in facilitating trade and economic stability within the West African Economic and Monetary Union (WAEMU).
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FXS/XOF exchange tables
 |  |
|---|---|
| 1 FXS | 455.66 XOF |
| 5 FXS | 2,278.3 XOF |
| 10 FXS | 4,556.61 XOF |
| 20 FXS | 9,113.23 XOF |
| 50 FXS | 22,783.08 XOF |
| 100 FXS | 45,566.16 XOF |
| 1,000 FXS | 455,661.69 XOF |
| |
|---|---|
| 1 XOF | 0.0021946 FXS |
| 5 XOF | 0.010973 FXS |
| 10 XOF | 0.021946 FXS |
| 20 XOF | 0.043892 FXS |
| 50 XOF | 0.10973 FXS |
| 100 XOF | 0.21946 FXS |
| 1,000 XOF | 2.194 FXS |
FAQ
1 FXS is currently worth CFA455.66. This value updates each time you refresh the page.
1 XOF is currently worth 0.0021946 FXS. This value updates each time you refresh the page.
You can exchange your FXS to XOF, or vice versa, on a crypto exchange, which provides tools to quickly and securely exchange crypto to cash.
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Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.