Money Exchange
Currency:
CFA (Communauté Financiaire Africaine) Franc (CFAfr) = 100 centimes.
Notes are in denominations of CFAfr10,000, 5000, 2500, 1000 and 500.
Coins are in denominations of CFAfr250, 100, 50, 25, 10, 5 and 1.
Togo is part of the French Monetary Area. Only currency issued by the
Banque des Etats de l'Afrique de l'Ouest (Bank of West African States)
is valid; currency issued by the Banque des Etats de l'Afrique
Centrale (Bank of Central African States) is not.
The CFA Franc is tied to the Euro.
Currency exchange:
Foreign currencies can be exchanged at banks and bureaux de change
in Lomé and other major cities. The main branch of the Togolese
Central Bank in Lomé (BTCI) can give cash withdrawals against a
Visa card.
Credit cards:
American Express is widely accepted,
with more limited use of Diners Club, Visa and MasterCard.
Check with your credit card company for details of merchant
acceptability and other facilities which may be available.
Travellers cheques:
International travellers cheques are accepted in Lomé and other
major cities. To avoid additional exchange rate charges, travellers
are advised to take travellers cheques in French Francs.
Exchange rate indicators
Date May '01
$1.00= 714.16 Francs