Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's XOF to MRO (CFA Franc BCEAO to Mauritanian Ouguiya) exchange rates

Benin
Mauritania
XOF

Interbank Exchange Rate: 1 XOF = 0.6147 MRO
Updated over 24 hours ago

Found 0 Remittance Service Providers

All you need to know about CFA Franc BCEAO to Mauritanian Ouguiya money transfers

Easily compare money transfer providers in one place to send money from Benin to Mauritania. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Mauritanian Ouguiya (MRO) 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 Mauritania 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 MRO Conversion Rates

Here are some latest XOF to MRO (CFA Franc BCEAO to Mauritanian Ouguiya) exchange rates for popular conversion amounts*.

1 XOF0.61 MRO
5 XOF3.07 MRO
10 XOF6.15 MRO
25 XOF15.37 MRO
50 XOF30.74 MRO
100 XOF61.47 MRO
150 XOF92.21 MRO
200 XOF122.94 MRO
250 XOF153.68 MRO
300 XOF184.41 MRO
400 XOF245.88 MRO
500 XOF307.35 MRO
600 XOF368.82 MRO
700 XOF430.29 MRO
800 XOF491.76 MRO
1,000 XOF614.70 MRO
1,500 XOF922.05 MRO
2,000 XOF1,229.40 MRO
2,500 XOF1,536.75 MRO
3,000 XOF1,844.10 MRO
4,000 XOF2,458.80 MRO
5,000 XOF3,073.50 MRO
10,000 XOF6,147.00 MRO
15,000 XOF9,220.50 MRO
20,000 XOF12,294.00 MRO
30,000 XOF18,441.00 MRO
40,000 XOF24,588.00 MRO
50,000 XOF30,735.00 MRO
100,000 XOF61,470.00 MRO

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


What's the best way to transfer money from Benin to Mauritania?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to MRO 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 Mauritania 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 MRO 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 Mauritania?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Mauritania.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Benin to Mauritania transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your XOF to Mauritanian Ouguiya money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way for transferring money to Mauritania from Benin?

When you want to send money to Mauritania from Benin, you obviously want the cheapest possible option to maximize the money your recipient gets in Mauritanian Ouguiya. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your XOF to MRO money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Benin to Mauritania. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Benin to Mauritania exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Mauritanian Ouguiya overseas.


How to send money to Mauritania from Benin through a bank?

We do not recommend using your local bank in Benin for your next XOF to MRO overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Benin to Mauritania (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending MRO to Mauritania. These companies will let you use your local bank account in Benin to pay for your Mauritania money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Mauritania from Benin fast?

If you need to convert XOF to MRO as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Benin to Mauritania could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your CFA Franc BCEAO to Mauritanian Ouguiya funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Mauritania.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Benin to Mauritania. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

The first step in selecting the best money transfer operators for Benin to Mauritania remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for CFA Franc BCEAO to Mauritanian Ouguiya money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Mauritania.


Step by step guide to transfer money to Mauritania from Benin

The first step to send money to Mauritania from Benin is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your XOF to MRO overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Mauritania if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Benin bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Mauritania!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Benin to Mauritania.