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Compare today's DZD to XOF (Algerian Dinar to CFA Franc BCEAO) exchange rates

Algeria
Guinea-Bissau
DZD

Interbank Exchange Rate: 1 DZD = 4.2889 XOF
Updated about an hour ago

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All you need to know about Algerian Dinar to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Algeria to Guinea-Bissau. Send money overseas to your loved ones by comparing Algerian Dinar (DZD) to CFA Franc BCEAO (XOF) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Algeria.

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Latest DZD to XOF Conversion Rates

Here are some latest DZD to XOF (Algerian Dinar to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 DZD4.29 XOF
5 DZD21.44 XOF
10 DZD42.89 XOF
25 DZD107.22 XOF
50 DZD214.45 XOF
100 DZD428.89 XOF
150 DZD643.34 XOF
200 DZD857.78 XOF
250 DZD1,072.23 XOF
300 DZD1,286.67 XOF
400 DZD1,715.56 XOF
500 DZD2,144.45 XOF
600 DZD2,573.34 XOF
700 DZD3,002.23 XOF
800 DZD3,431.12 XOF
1,000 DZD4,288.90 XOF
1,500 DZD6,433.35 XOF
2,000 DZD8,577.80 XOF
2,500 DZD10,722.25 XOF
3,000 DZD12,866.70 XOF
4,000 DZD17,155.60 XOF
5,000 DZD21,444.50 XOF
10,000 DZD42,889.00 XOF
15,000 DZD64,333.50 XOF
20,000 DZD85,778.00 XOF
30,000 DZD128,667.00 XOF
40,000 DZD171,556.00 XOF
50,000 DZD214,445.00 XOF
100,000 DZD428,890.00 XOF

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Algeria to Guinea-Bissau?

There are many good choices when it comes to sending money from Algeria to Guinea-Bissau. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Algerian Dinar to XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Guinea-Bissau from Algeria. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Algerian Dinar to CFA Franc BCEAO money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for sending money from Algeria to Guinea-Bissau?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Guinea-Bissau from Algeria. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your DZD to CFA Franc BCEAO money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Algeria to Guinea-Bissau corridor to give you more good choices for your next XOF money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to Guinea-Bissau from Algeria?

The final amount your recipient gets when you send DZD to XOF is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Algeria to Guinea-Bissau used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send CFA Franc BCEAO is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Algerian Dinar to Guinea-Bissau exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money to Guinea-Bissau from Algeria through a bank?

Big banks in Algeria are known to make a lot of money by charging high fees on Guinea-Bissau money transfers from Algeria. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a DZD to XOF exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Guinea-Bissau. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Algeria to Guinea-Bissau. You work hard for your money, so you should also ensure you get the maximum yield when you send XOF overseas.


How to send money from Algeria to Guinea-Bissau fast?

It could be a stressful experience if you need to rush money quickly from Algeria to Guinea-Bissau. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert DZD to XOF. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in CFA Franc BCEAO. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Algeria to Guinea-Bissau money transfers.


Which are the best money transfer companies to send money to Guinea-Bissau from Algeria?

Algeria to Guinea-Bissau money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Guinea-Bissau as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Algerian Dinar to CFA Franc BCEAO money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to do a money transfer from Algeria to Guinea-Bissau

There are many important aspects of Algeria to Guinea-Bissau remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Algeria bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include XOF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Algerian Dinar amount you want to send from Algeria.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Guinea-Bissau to validate that they get the money once the transaction clears.