The CFA franc will remain pegged to the euro at a rate of CFAfr655.96:EUR1, and will therefore fluctuate against the US dollar in line with the exchange rate between the dollar and the euro. Further quantitative easing in the US along with an increase in ECB interest rates will help the euro to outperform the dollar in 2011 despite prolonged economic and fiscal weakness within the euro zone. The euro-pegged franc ended 2010 weaker than it started the year, averaging CFAfr495:US$1 over the 12 months, and is forecast to improve to an average of CFAfr481:US$1 in 2011 before sliding back to CFAfr507:US$1 in 2012.