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Compare today's XOF to DZD (CFA Franc BCEAO to Algerian Dinar) exchange rates

Burkina Faso
Algeria
XOF

Interbank Exchange Rate: 1 XOF = 0.2341 DZD
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Algerian Dinar money transfers

Easily compare money transfer providers in one place to send money from Burkina Faso to Algeria. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Algerian Dinar (DZD) 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 Burkina Faso.

Were you looking to send money from Algeria to Burkina Faso 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 DZD Conversion Rates

Here are some latest XOF to DZD (CFA Franc BCEAO to Algerian Dinar) exchange rates for popular conversion amounts*.

1 XOF0.23 DZD
5 XOF1.17 DZD
10 XOF2.34 DZD
25 XOF5.85 DZD
50 XOF11.71 DZD
100 XOF23.41 DZD
150 XOF35.12 DZD
200 XOF46.82 DZD
250 XOF58.53 DZD
300 XOF70.23 DZD
400 XOF93.64 DZD
500 XOF117.05 DZD
600 XOF140.46 DZD
700 XOF163.87 DZD
800 XOF187.28 DZD
1,000 XOF234.10 DZD
1,500 XOF351.15 DZD
2,000 XOF468.20 DZD
2,500 XOF585.25 DZD
3,000 XOF702.30 DZD
4,000 XOF936.40 DZD
5,000 XOF1,170.50 DZD
10,000 XOF2,341.00 DZD
15,000 XOF3,511.50 DZD
20,000 XOF4,682.00 DZD
30,000 XOF7,023.00 DZD
40,000 XOF9,364.00 DZD
50,000 XOF11,705.00 DZD
100,000 XOF23,410.00 DZD

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


What's the best way to do Burkina Faso to Algeria money transfers?

It can be very confusing when sending money from Burkina Faso to Algeria given so many choices. Additionally, CFA Franc BCEAO to DZD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Burkina Faso to Algeria as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Algeria from Burkina Faso. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for CFA Franc BCEAO to Algerian Dinar remittances.


How to get the best exchange rate for your money transfers from Burkina Faso to Algeria?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Algeria from Burkina Faso. 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 Algerian Dinar 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 Burkina Faso to Algeria corridor to give you more good choices for your next DZD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to transfer money from Burkina Faso to Algeria?

Finding the cheapest way to send money from Burkina Faso to Algeria 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 DZD 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 Burkina Faso to Algeria 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 Burkina Faso to Algeria?

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 DZD 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 Burkina Faso to Algeria 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 Algeria from Burkina Faso. They do this by letting you fund your transaction through your local bank account in Burkina Faso, and by allowing you to choose the payout to be your recipient's bank account in Algeria. 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 Burkina Faso to Algeria?

The speed of your CFA Franc BCEAO to Algerian Dinar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert XOF to DZD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Algeria from Burkina Faso is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Algeria if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout DZD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Burkina Faso bank to Algeria bank transfer.


Which are the best money transfer companies to send money from Burkina Faso to Algeria?

Comparing money transfer companies for sending money to Algeria from Burkina Faso 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 Algeria. 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 Algerian Dinar 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 Algerian Dinar yield on every CFA Franc BCEAO that you send.


Step by step guide to send money to Algeria from Burkina Faso

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 Burkina Faso to Algeria, 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 Burkina Faso to Algeria 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 Algeria where they can receive monies in Algerian Dinar.
  • Then, provide details of your Burkina Faso 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.