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Compare today's XOF to RWF (CFA Franc BCEAO to Rwandan Franc) exchange rates

Benin
Rwanda
XOF

Interbank Exchange Rate: 1 XOF = 2.6243 RWF
Updated about 1 hours ago

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All you need to know about CFA Franc BCEAO to Rwandan Franc money transfers

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

Here are some latest XOF to RWF (CFA Franc BCEAO to Rwandan Franc) exchange rates for popular conversion amounts*.

1 XOF2.62 RWF
5 XOF13.12 RWF
10 XOF26.24 RWF
25 XOF65.61 RWF
50 XOF131.22 RWF
100 XOF262.43 RWF
150 XOF393.65 RWF
200 XOF524.86 RWF
250 XOF656.07 RWF
300 XOF787.29 RWF
400 XOF1,049.72 RWF
500 XOF1,312.15 RWF
600 XOF1,574.58 RWF
700 XOF1,837.01 RWF
800 XOF2,099.44 RWF
1,000 XOF2,624.30 RWF
1,500 XOF3,936.45 RWF
2,000 XOF5,248.60 RWF
2,500 XOF6,560.75 RWF
3,000 XOF7,872.90 RWF
4,000 XOF10,497.20 RWF
5,000 XOF13,121.50 RWF
10,000 XOF26,243.00 RWF
15,000 XOF39,364.50 RWF
20,000 XOF52,486.00 RWF
30,000 XOF78,729.00 RWF
40,000 XOF104,972.00 RWF
50,000 XOF131,215.00 RWF
100,000 XOF262,430.00 RWF

*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 Rwanda from Benin?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to RWF 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 Rwanda 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 RWF 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 exchange rate for sending money from Benin to Rwanda?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Rwanda from Benin. 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 XOF to Rwandan Franc 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 Benin to Rwanda corridor to give you more good choices for your next RWF money transfer. This way you do not miss out on additional options to potentially save more.


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

One of the most important things to watch out for is hidden fees when sending money to Rwanda from Benin. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Rwanda using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Rwandan Franc foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best XOF to Rwanda exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Rwanda from Benin.


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

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


How to send money to Rwanda from Benin fast?

The first thing to do when you need to convert XOF to RWF quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between CFA Franc BCEAO and Rwandan Franc. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Benin to Rwanda remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Rwanda.


Which are the best money transfer companies to send money to Rwanda from Benin?

The first step in selecting the best money transfer operators for Benin to Rwanda 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 Rwandan Franc 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 Rwanda.


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

The first step to send money to Rwanda 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 RWF 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 Rwanda 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 Rwanda!

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 Rwanda.