News
BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·NYTG7 Finance Ministers Look to Contain Iran Economic Fallout·BBCSwinney defends food prices policy ahead of first minister vote·Economic TimesIndia fuel price hike among world's lowest: BJP·SCMPSome Asian airlines could collapse like Spirit without help on rising fuel costs·SCMPTexans accuse Japan of doing ‘deal with the devil’ by funding US fossil fuel projects·SCMPHong Kong property upswing poised to hold despite interest rates risk: Moody’s·SCMPCuba warns of ‘bloodbath’ if US attacks as Washington expands sanctions·NYTOil Prices Climb and Bonds Falter as Iran War Raises Inflation Fears·NYTG7 Finance Ministers Look to Contain Iran Economic Fallout·
← Back to Intelligence Dashboard

Niger

West African CFA Franc (XOF)

41
Moderate
Risk
XOF is a shared currency. Niger's score reflects its own fiscal health, banking system, and governance — not the currency bloc as a whole. All XOF countries share the same Global Currency Role and capital control scores, but differ on country-specific factors. Learn more
#51
of 171
Riskier
than 71% of currencies
37
global avg score
$648
$1,000 in 5 years
Impact on Citizens

Citizens need to earn at least 10.6% per year on savings to stay ahead. Money sitting in a regular account is slowly losing value.See savings calculator ↓

Economic Indicators

Inflation Rate
9.1%
Debt to GDP
Not available
GDP Growth
10.3%
Broad Money / GDP
16.4%

Banking & Stability

NPL Ratio
Not available
Reserve Months
Not available
Current Account
-6.0%
FX Volatility
10.0

Governance & Markets

Rule of Law
Not available
Black Market Premium
Not available
Capital Controls
48.0
Peg Fragility
26.0

Currency Structure

Global Currency Role
70.0
FX Regime
hard peg
Data Coverage
58.0%

Savings Impact Calculator

XOF
Holding cash in XOF9.1% inflation
XOF 648−XOF 352 (35% purchasing power lost)
Your XOF 1,000 buys 35% less in 5 years
What if you invested XOF 1,000 instead? (5yr, in XOF terms)
USD-denominated assets gain an additional ~6.1%/yr from expected XOF depreciation vs USD
Hold USD Cash
XOF 1163
+XOF 163
+3.1%/yr net in XOF
S&P 500
XOF 2107
+XOF 1107
range: XOF 1004XOF 4018
10% USD return + 6.1% FX · ±16% vol
Gold
XOF 1931
+XOF 931
range: XOF 593XOF 5018
8% USD return + 6.1% FX · ±24% vol
Bitcoin
XOF 3868
+XOF 2868
range: XOF 272XOF 21.7k
25% USD return + 6.1% FX · ±54% vol

All values in XOF. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~6.1%/yr based on the inflation differential between Niger (9.1%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Data last updated: 2026-05-19