Exchange Rate in Cote d'Ivoire

Cote d’Ivoire Exchange Rate | Economic News & Forecasts

Cote d'Ivoire - Exchange Rate

The economy picked up in the second quarter with GDP growth rising to 7.4% in annual terms, after dipping to 7.1% in the first quarter. Q2’s upturn likely reflected marked accelerations in industrial and retail activity, which both shot up more than 10% over the same period of the previous year. While a detailed breakdown has yet to be released, available data revealed that the agricultural sector seems to have performed solidly at the beginning of the quarter, thanks to booming cocoa and cotton harvests. This, combined with higher oil and natural gas production in April, likely also supported the outturn. On the downside, gold mining shrank in the same month. Turning to the third quarter, business confidence strengthened notably in July, signalling upbeat investment prospects at the beginning of the quarter. That said, relatively subdued cocoa and cotton prices likely restrained the expansion.

Cote d’Ivoire - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)476.0  542.1  603.9  621.9  546.3  

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Note: Exchange Rate, XOF per USD (eop).
Source: Thomson Reuters

Cote d’Ivoire Facts

Exchange Rate597.0-1.11 %Sep 04
Stock Market0.80.0 %Sep 03

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