Exchange Rate in Benin
The exchange rate ended 2022 at 619 XOF per USD, compared to the end-2021 value of 580 XOF per USD and the figure a decade earlier of 479 XOF per USD in Benin. For more exchange rate information, visit our dedicated page.
Benin Exchange Rate Chart
Note: This chart displays Exchange Rate (vs USD) for Benin from 2014 to 2023.
Source: Macrobond.
Benin Exchange Rate Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Exchange Rate (XOF per USD, eop) | 590 | 539 | 580 | 619 | 602 |
| Exchange Rate (LCU per USD, aop) | 586 | 576 | 555 | 624 | 607 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Beninese exchange rate projections for the next ten years from a panel of 4 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable exchange rate forecast available for Beninese exchange rate.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Beninese exchange rate projections.
Want to get access to the full dataset of Beninese exchange rate forecasts? Send an email to info@focus-economics.com.