What currency is used in Benin?
Posted on Oct 21, 2025 / Finance
Benin uses the West African CFA franc, written as XOF. It’s a shared currency among several countries in West Africa. The CFA franc is pegged to the euro, giving it strong stability. Cash is used for most transactions, especially in markets and small towns. ATMs and banks are available in cities like Cotonou. The currency helps make trade easier across the region. For travelers, it’s convenient because you can use the same money in neighboring countries like Togo or Senegal.
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