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Compare today's XOF to AMD (CFA Franc BCEAO to Armenian Dram) exchange rates

Benin
Armenia
XOF

Interbank Exchange Rate: 1 XOF = 0.6800 AMD
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Armenian Dram money transfers

Easily compare money transfer providers in one place to send money from Benin to Armenia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Armenian Dram (AMD) 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 Benin.

Were you looking to send money from Armenia to Benin instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest XOF to AMD Conversion Rates

Here are some latest XOF to AMD (CFA Franc BCEAO to Armenian Dram) exchange rates for popular conversion amounts*.

1 XOF0.68 AMD
5 XOF3.40 AMD
10 XOF6.80 AMD
25 XOF17.00 AMD
50 XOF34.00 AMD
100 XOF68.00 AMD
150 XOF102.00 AMD
200 XOF136.00 AMD
250 XOF170.00 AMD
300 XOF204.00 AMD
400 XOF272.00 AMD
500 XOF340.00 AMD
600 XOF408.00 AMD
700 XOF476.00 AMD
800 XOF544.00 AMD
1,000 XOF680.00 AMD
1,500 XOF1,020.00 AMD
2,000 XOF1,360.00 AMD
2,500 XOF1,700.00 AMD
3,000 XOF2,040.00 AMD
4,000 XOF2,720.00 AMD
5,000 XOF3,400.00 AMD
10,000 XOF6,800.00 AMD
15,000 XOF10,200.00 AMD
20,000 XOF13,600.00 AMD
30,000 XOF20,400.00 AMD
40,000 XOF27,200.00 AMD
50,000 XOF34,000.00 AMD
100,000 XOF68,000.00 AMD

*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 to Armenia from Benin?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Benin to Armenia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer CFA Franc BCEAO to AMD.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send XOF to AMD in Armenia. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Armenia from Benin. We provide you with maximum choices to send money to Armenia by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Benin to Armenia?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Benin to Armenia transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your XOF to Armenian Dram international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest CFA Franc BCEAO to Armenian Dram exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money to Armenia from Benin?

Finding the cheapest way to send money from Benin to Armenia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer XOF to AMD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Benin to Armenia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to transfer money from Benin to Armenia?

Big banks in Benin are known to make a lot of money by charging high fees on Armenia money transfers from Benin. 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 XOF to AMD 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 Armenia. 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 Benin to Armenia. You work hard for your money, so you should also ensure you get the maximum yield when you send AMD overseas.


What is the fastest way to do a money transfer to Armenia from Benin?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Benin to Armenia. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert XOF to AMD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your CFA Franc BCEAO amount reaching Armenia. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Armenian Dram quickly to Armenia, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money to Armenia from Benin?

Comparing money transfer companies for sending money to Armenia from Benin can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Armenia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your CFA Franc BCEAO to Armenian Dram transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Armenian Dram yield on every CFA Franc BCEAO that you send.


Step by step guide to do a money transfer from Benin to Armenia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Benin to Armenia, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Benin to Armenia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Armenia where they can receive monies in Armenian Dram.
  • Then, provide details of your Benin bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your XOF travel to another part of the globe.