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๐ณ๐ช Silver Price Today in Niger | FCFA44,735.1
Live silver price in West African CFA Franc (XOF) โ updated every minute
Last updated: May 5, 2026, 12:57 AM ET
Per Gram (XOF)
FCFA1,438.2658
Per Troy Oz (XOF)
FCFA44,735.10
Per Kg (XOF)
FCFA1,438,266
USD/Silver Spot
$72.74/oz
USD/XOF Rate
1 USD = 615 XOF
Gold/Silver Ratio
62.3:1
Silver Market in Niger
Niger is primarily known for uranium production, supplying a significant share of the world's uranium needs. silver production is growing through both artisanal mining in the Tillabรฉri region and emerging commercial projects. As a WAEMU (West African Economic and Monetary Union) member, Niger uses the West African CFA franc, pegged to the euro. silver demand increased following the 2023 coup as financial sanctions tightened.
Why do people in Niger invest in silver?
With limited access to formal financial services and a predominantly rural population, physical silver serves as the primary savings instrument for many Nigeriens. silver jewelry is central to wedding ceremonies and social status. Following the 2023 coup and international sanctions, silver's role as an unblockable, portable store of value became even more pronounced.
Frequently Asked Questions โ Silver in Niger
What is the silver price in Niger in CFA francs?
silver prices in Niger are quoted in West African CFA francs (XOF). The XOF is pegged to the euro at a fixed rate of 655.957, so local silver prices closely mirror euro-denominated silver prices converted to XOF.
Does Niger produce silver?
Yes. Niger has artisanal silver production mainly in the Tillabรฉri region near the border with Mali and Burkina Faso. Several exploration projects for commercial-scale silver mining are active, with the government actively seeking foreign investment in the sector.
How do international sanctions affect silver access in Niger?
Following the 2023 military coup, ECOWAS and Western countries imposed sanctions on Niger. Physical silver and CFA franc cash have become more important for cross-border trade, as international banking channels were disrupted. silver's role as a sanctions-resistant asset increased its practical importance.