http://travel-t-o-senegal.blogspot.com/2011/10/money-exchange-for-senegal-services.html
Money Exchange for Senegal -Services - Money
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Currency information:
CFA (Communauté Financière Africaine) Franc (XOF) = 100 centimes. Notes are in denominations of XOF10,000, 5,000, 2,000 and 1,000. Coins are in denominations of XOF500, 200, 100, 50, 25, 10, 5 and 1.
Senegal 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.
Credit cards:
American Express is the most widely accepted, although Diners Club, MasterCard and Visa have limited use. Commissions are added for the use of credit cards. There are ATMs in Dakar but they are limited outside the city and may not accept foreign cards.
ATM:
There are ATMs in Dakar but they are limited outside the city and may not accept foreign cards.
Travellers cheques:
Traveller's cheques are easy to cash in Dakar. To avoid additional exchange rate charges, travellers are advised to take them in Euros. There is limited or no acceptance outside Dakar.
Banking hours:
Mon-Fri 0800-1115 and 1430-1630.
Currency restriction:
Import of local and foreign currency is unlimited but subject to declaration. Export of local currency is restricted to XOF20,000. Export of foreign currency is limited to XOF50,000.
