Convert and Swap Bitcoin BTC to West African Cfa Franc XOF
BTC/XOF: 1 Bitcoin equals F CFA 59,122,137.09 XOF
Last update: 2:23 AM, December 23, 2024
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Bitcoin is falling this week.
The current price of Bitcoin is F CFA 59,122,137.09 per BTC. With a circulating supply of 19,799,893 BTC, it means that Bitcoin has a total market cap of F CFA 1,169,413,471,164,359.20. The amount of Bitcoin traded has fallen by F CFA 2,609,700,486,566 in the last 24 hours, which is a 9.06% decrease. Additionally, in the last day, F CFA 28,818,977,735,406 worth of BTC has been traded.
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About Bitcoin
The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin.
Bitcoin (BTC) is a decentralized cryptocurrency that was first described in a 2008 whitepaper by an individual or group of individuals using the pseudonym Satoshi Nakamoto. Launched in January 2009, Bitcoin is a peer-to-peer online currency that enables transactions to occur directly between equal, independent network participants without the need for an intermediary. Bitcoin was created with the intention of allowing online payments to be sent directly from one party to another without going through a financial institution. Bitcoin is the first-ever cryptocurrency to come into actual use and has inspired the development of thousands of competing projects. The entire cryptocurrency market, now worth more than $2 trillion, is based on the idea realized by Bitcoin: money that can be sent and received by anyone, anywhere in the world without reliance on trusted intermediaries, such as banks and financial services companies.
Bitcoin operates on a technology known as blockchain, a decentralized ledger of all transactions that is used to record transactions across many computers so that any involved record cannot be altered retroactively, without the alteration of all subsequent blocks. Bitcoin transactions are verified by network nodes through cryptography and recorded on the blockchain. Bitcoin mining, the process by which new bitcoins are entered into circulation, involves solving computationally difficult puzzles to discover a new block, which is added to the blockchain. The supply of Bitcoin is limited and will never exceed 21,000,000 coins. New coins are created during the process known as mining, where transactions are added to blocks, which are in turn added to the blockchain.
Bitcoin's most unique advantage is that it was the first cryptocurrency to appear on the market. It has managed to create a global community and has given birth to an entirely new industry of millions of enthusiasts who create, invest in, trade, and use Bitcoin and other cryptocurrencies in their everyday lives. Bitcoin's primary use case is as a decentralized store of value. In other words, it provides for ownership rights as a physical asset or as a unit of account. Bitcoin also aims to be a medium of exchange for goods and services, although it is currently used more for the former than the latter.
Bitcoin's original inventor is known under a pseudonym, Satoshi Nakamoto. As of 2021, the true identity of the person — or organization — that is behind the alias remains unknown. On October 31, 2008, Nakamoto published Bitcoin’s whitepaper, which described in detail how a peer-to-peer, online currency could be implemented. Just two months later, on January 3, 2009, Nakamoto mined the first block on the Bitcoin network, known as the genesis block, thus launching the world’s first cryptocurrency. The first known Bitcoin commercial transaction occurred on May 22, 2010, when programmer Laszlo Hanyecz traded 10,000 Bitcoins for two pizzas. This event is now known as “Bitcoin Pizza Day.” Over the years a large number of people have contributed to improving the cryptocurrency’s software by patching vulnerabilities and adding new features. Bitcoin’s source code repository on GitHub lists more than 750 contributors.
How Bitcoin and West African Cfa Franc differ
Bitcoin (BTC) and the West African Cfa Franc (XOF) are two distinct forms of currency, each with their unique characteristics. Bitcoin, a decentralized cryptocurrency, operates on a technology known as blockchain, a decentralized ledger of all transactions. It was created with the intention of enabling online payments to be sent directly from one party to another without the need for a financial institution. Bitcoin's supply is limited and will never exceed 21,000,000 coins, with new coins created during the process known as mining. On the other hand, the West African Cfa Franc is a traditional fiat currency, regulated by the Central Bank of West African States. Unlike Bitcoin, its supply is not capped and it is subject to government monetary policies. While Bitcoin transactions occur on a global network without the need for intermediaries, transactions with the West African Cfa Franc typically involve banks or other financial institutions. Bitcoin's primary use case is as a decentralized store of value, while the West African Cfa Franc is primarily used as a medium of exchange in the eight countries that comprise the West African Economic and Monetary Union.
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BTC to West African Cfa Franc conversion tables
The exchange rate of Bitcoin is decreasing.
The current value of 1 BTC is F CFA 59,122,137 XOF. In other words, to buy 5 Bitcoin, it would cost you F CFA 295,610,685 XOF. Inversely, F CFA 1 XOF would allow you to trade for 0.00000002 BTC while F CFA 50 XOF would convert to 0.00000085 BTC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.75%. Meanwhile, in the last 24 hours, the rate has changed by 2.82%, and that the the highest exchange rate of 1 BTC to West African Cfa Franc was F CFA 61,281,880.04 XOF and the lowest 24 hour value was 1 BTC for F CFA 59,010,302.55 XOF. This time last month, the value of 1 BTC was F CFA 62,033,035 XOF, which is a 4.46% increase from where it is now. Looking back a year, Bitcoin has changed by F CFA 26,082,923 XOF.
BTC to XOF performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
F CFA 60,976,226.88 XOF | -2.82% | F CFA 65,365,816.00 XOF | -9.75% | F CFA 62,033,035.22 XOF | -4.46% | F CFA 26,082,923.22 XOF | 117.46% |
BTC to XOF
Amount | Today at 2:23 am |
|---|---|
0.5 BTC | F CFA 29,561,068.55 |
1 BTC | F CFA 59,122,137.09 |
5 BTC | F CFA 295,610,685.47 |
10 BTC | F CFA 591,221,370.94 |
50 BTC | F CFA 2,956,106,854.70 |
100 BTC | F CFA 5,912,213,709.41 |
500 BTC | F CFA 29,561,068,547.03 |
1,000 BTC | F CFA 59,122,137,094.06 |
XOF to BTC
Amount | Today at 2:23 am |
|---|---|
0.5 XOF | 0.0000000085 BTC |
1 XOF | 0.00000002 BTC |
5 XOF | 0.00000008 BTC |
10 XOF | 0.00000017 BTC |
50 XOF | 0.00000085 BTC |
100 XOF | 0.00000169 BTC |
500 XOF | 0.00000846 BTC |
1,000 XOF | 0.000017 BTC |
Today vs. 24 hours ago
Amount | Today at 2:23 am | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 BTC | F CFA 29,561,068.55 | F CFA 30,492,358.68 | -3.05% |
1 BTC | F CFA 59,122,137.09 | F CFA 60,984,717.37 | -3.05% |
5 BTC | F CFA 295,610,685.47 | F CFA 304,923,586.83 | -3.05% |
10 BTC | F CFA 591,221,370.94 | F CFA 609,847,173.67 | -3.05% |
50 BTC | F CFA 2,956,106,854.70 | F CFA 3,049,235,868.35 | -3.05% |
100 BTC | F CFA 5,912,213,709.41 | F CFA 6,098,471,736.70 | -3.05% |
500 BTC | F CFA 29,561,068,547.03 | F CFA 30,492,358,683.49 | -3.05% |
1,000 BTC | F CFA 59,122,137,094.06 | F CFA 60,984,717,366.97 | -3.05% |
Today vs. 1 month ago
Amount | Today at 2:23 am | 1 months ago | 1M Change |
|---|---|---|---|
0.5 BTC | F CFA 29,561,068.55 | F CFA 31,120,846.62 | -5.01% |
1 BTC | F CFA 59,122,137.09 | F CFA 62,241,693.25 | -5.01% |
5 BTC | F CFA 295,610,685.47 | F CFA 311,208,466.24 | -5.01% |
10 BTC | F CFA 591,221,370.94 | F CFA 622,416,932.47 | -5.01% |
50 BTC | F CFA 2,956,106,854.70 | F CFA 3,112,084,662.37 | -5.01% |
100 BTC | F CFA 5,912,213,709.41 | F CFA 6,224,169,324.73 | -5.01% |
500 BTC | F CFA 29,561,068,547.03 | F CFA 31,120,846,623.66 | -5.01% |
1,000 BTC | F CFA 59,122,137,094.06 | F CFA 62,241,693,247.31 | -5.01% |
Today vs. 1 year ago
Amount | Today at 2:23 am | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 BTC | F CFA 29,561,068.55 | F CFA 13,775,605.83 | +114.59% |
1 BTC | F CFA 59,122,137.09 | F CFA 27,551,211.66 | +114.59% |
5 BTC | F CFA 295,610,685.47 | F CFA 137,756,058.32 | +114.59% |
10 BTC | F CFA 591,221,370.94 | F CFA 275,512,116.65 | +114.59% |
50 BTC | F CFA 2,956,106,854.70 | F CFA 1,377,560,583.23 | +114.59% |
100 BTC | F CFA 5,912,213,709.41 | F CFA 2,755,121,166.45 | +114.59% |
500 BTC | F CFA 29,561,068,547.03 | F CFA 13,775,605,832.25 | +114.59% |
1,000 BTC | F CFA 59,122,137,094.06 | F CFA 27,551,211,664.50 | +114.59% |
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