Compare today's XOF to EUR (CFA Franc BCEAO to Euro) exchange rates
Interbank Exchange Rate: 1 XOF = 0.0016 EUR
Updated about an hour 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.
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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 Monaco. 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 Monaco from Benin, we currently have 1 remittance service providers available.
Verto currently offers the most competitive rate for sending money to Monaco 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 Monaco 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 Monaco from Benin?
Sending money internationally to Monaco from Benin can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your CFA Franc BCEAO to EUR remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Monaco. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Euro.
How to get the best rate to transfer money to Monaco from Benin?
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 Monaco.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Benin to Monaco 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 Euro 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 to send money from Benin to Monaco?
The final amount your recipient gets when you send XOF to EUR 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 Benin to Monaco 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 Euro 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 CFA Franc BCEAO to Monaco 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.
Should I use my bank to send money from Benin to Monaco?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Benin to Monaco money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like XOF to EUR transfers.
Given this, there are umpteen additional options to send money to Monaco instead of just your Benin bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your CFA Franc BCEAO even more so that your recipient in Monaco gets the maximum amount.
How to send money to Monaco from Benin fast?
If you need to convert XOF to EUR 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 Monaco 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 Euro 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 Monaco.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Benin to Monaco. 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 to Monaco from Benin?
The first step in selecting the best money transfer operators for Benin to Monaco 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 Euro 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 Monaco.
Step by step guide to transfer money to Monaco from Benin
There are many important aspects of Benin to Monaco 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 - Benin 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 EUR 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 CFA Franc BCEAO amount you want to send from Benin.
- 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.