Compare today's XOF to EUR (CFA Franc BCEAO to Euro) exchange rates
Interbank Exchange Rate: 1 XOF = 0.0016 EUR
Updated about 1 hours ago
Found 1 Remittance Service Providers
1000 XOF =
1.60 EUR
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0016 EUR
📢 B2B transfers only
0 Remit Service Providers did not match the search criteria.
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
All you need to know about CFA Franc BCEAO to Euro money transfers
Easily compare money transfer providers in one place to send money from Benin to Latvia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Euro (EUR) 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.
When making a money transfer to Latvia from Benin, we currently have 1 remittance service providers available.
Verto currently offers the most competitive rate for sending money to Latvia and their 1 XOF to EUR exchange rate today is 0.0016.
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 Latvia 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 EUR Conversion Rates
Here are some latest XOF to EUR (CFA Franc BCEAO to Euro) exchange rates for popular conversion amounts*.
| 1 XOF | 0.00 EUR |
| 5 XOF | 0.01 EUR |
| 10 XOF | 0.02 EUR |
| 25 XOF | 0.04 EUR |
| 50 XOF | 0.08 EUR |
| 100 XOF | 0.16 EUR |
| 150 XOF | 0.24 EUR |
| 200 XOF | 0.32 EUR |
| 250 XOF | 0.40 EUR |
| 300 XOF | 0.48 EUR |
| 400 XOF | 0.64 EUR |
| 500 XOF | 0.80 EUR |
| 600 XOF | 0.96 EUR |
| 700 XOF | 1.12 EUR |
| 800 XOF | 1.28 EUR |
| 1,000 XOF | 1.60 EUR |
| 1,500 XOF | 2.40 EUR |
| 2,000 XOF | 3.20 EUR |
| 2,500 XOF | 4.00 EUR |
| 3,000 XOF | 4.80 EUR |
| 4,000 XOF | 6.40 EUR |
| 5,000 XOF | 8.00 EUR |
| 10,000 XOF | 16.00 EUR |
| 15,000 XOF | 24.00 EUR |
| 20,000 XOF | 32.00 EUR |
| 30,000 XOF | 48.00 EUR |
| 40,000 XOF | 64.00 EUR |
| 50,000 XOF | 80.00 EUR |
| 100,000 XOF | 160.00 EUR |
*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 Latvia from Benin?
With the global remittance market booming, there are so many choices for CFA Franc BCEAO to EUR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Latvia from Benin. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final EUR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best remit rate for transferring money from Benin to Latvia?
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 Latvia 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 Euro 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 Euro 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 transfer money from Benin to Latvia?
Finding the cheapest way to send money from Benin to Latvia 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 EUR 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 Latvia 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 send money from Benin to Latvia?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low XOF to EUR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Benin to Latvia money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Latvia from Benin. They do this by letting you fund your transaction through your local bank account in Benin, and by allowing you to choose the payout to be your recipient's bank account in Latvia. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to transfer money from Benin to Latvia?
It could be a stressful experience if you need to rush money quickly from Benin to Latvia. 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 XOF to EUR. 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 Euro. 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 Benin to Latvia money transfers.
Which are the best money transfer companies to send money from Benin to Latvia?
Since the CFA Franc BCEAO to Euro money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Benin that may also be able to send money to Latvia. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your XOF to EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Latvia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Benin to Latvia transaction.
Step by step guide to send money from Benin to Latvia
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 Latvia, 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 Latvia 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 Latvia where they can receive monies in Euro.
- 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.