Today's CAD to XOF Price Update

Summary

This report provides the real-time exchange rate between the Canadian Dollar (CAD) and the West African CFA Franc BCEAO (XOF), helping traders quickly grasp market dynamics and identify potential trading opportunities.

Definition

The Canadian Dollar (CAD) is a major fiat currency representing the economy of Canada, while the West African CFA Franc BCEAO (XOF) is the official currency of the West African Economic and Monetary Union. The exchange rate between them reflects market dynamics and economic relationships between North American and West African regions.

Today’s Price

• 1 CAD = 404.98 XOF (as of January 13, 2026)
• 24h High: 405.5542 XOF
• 24h Low: 405.0034 XOF

Market Analysis

Recent CAD/XOF price movement shows mixed technical signals with notable downward pressure indicators.

• Technical outlook: The moving averages indicate a Strong Sell outlook with 12 Sell signals and 0 Buy signals. The 14-day Relative Strength Index (RSI) stands at 42.931, suggesting a Sell bias.
• Price forecast: Market forecasts indicate a potential decline of approximately -0.70% in the near term, with the rate expected to reach around 401.90 XOF within the next month.
• Risk consideration: The pair exhibits moderate volatility within the current trading range, with potential downside pressure toward lower support levels.

Conclusion

Continue to monitor the CAD/XOF pair closely, paying particular attention to technical indicators and moving average signals. Traders should be cautious of the prevailing Sell signals and consider risk management strategies in light of the forecasted downward pressure on the exchange rate.