The currency of Togo is the West African CFA franc (XOF). It is the official currency not only in Togo but also in several other countries in West Africa, including Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, and the Republic of Guinea. The CFA franc is issued by the Central Bank of West African States (BCEAO) and is denoted by the symbol "XOF". It is advisable to have local currency in cash when traveling in Togo, as card payments may not be widely accepted outside of major establishments. Currency exchange services are available at banks and exchange bureaus in larger cities like Lome.