Money & Shopping
The West African CFA franc (XOF) is used by Togo. It is also used by Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger and Senegal. While strictly a separate currency from the Central African CFA franc (XAF), the two currencies are used interchangeably at par throughout all CFA franc (XAF & XOF) using countries.
Both CFA francs are guaranteed by the French treasury and are pegged to the euro at 1 euro = 655.957 CFA francs.
from 2014 all Ecobank ATMs all over Togo will take Master card/visa card for cash withdrawal.
A liter of gasoline will cost you around 600 CFA, a liter of water around 300 CFA. A baguette is around 175 CFA and half a pound of local coffee will cost 1,200 CFA. A beer in the supermarket will cost your around 350 CFA, at an expat restaurant this will be around 1,000 CFA. A coca-cola will cost you between 200 and 400 CFA in the supermarket. "Western food", mostly imported from France, can be found in supermarkets, but is more pricey than in Europe.
The most popular souvenirs from Togo tend to be something voodoo related, like a charm or mask. The obvious place to shop for these curios is Lomé's voodoo market, although you will be paying tourist trap-premium prices.