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Compare today's XOF to AMD (CFA Franc BCEAO to Armenian Dram) exchange rates

Burkina Faso
Armenia
XOF

Interbank Exchange Rate: 1 XOF = 0.6790 AMD
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Armenian Dram money transfers

Easily compare money transfer providers in one place to send money from Burkina Faso to Armenia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Armenian Dram (AMD) 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.

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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 AMD Conversion Rates

Here are some latest XOF to AMD (CFA Franc BCEAO to Armenian Dram) exchange rates for popular conversion amounts*.

1 XOF0.68 AMD
5 XOF3.40 AMD
10 XOF6.79 AMD
25 XOF16.98 AMD
50 XOF33.95 AMD
100 XOF67.90 AMD
150 XOF101.85 AMD
200 XOF135.80 AMD
250 XOF169.75 AMD
300 XOF203.70 AMD
400 XOF271.60 AMD
500 XOF339.50 AMD
600 XOF407.40 AMD
700 XOF475.30 AMD
800 XOF543.20 AMD
1,000 XOF679.00 AMD
1,500 XOF1,018.50 AMD
2,000 XOF1,358.00 AMD
2,500 XOF1,697.50 AMD
3,000 XOF2,037.00 AMD
4,000 XOF2,716.00 AMD
5,000 XOF3,395.00 AMD
10,000 XOF6,790.00 AMD
15,000 XOF10,185.00 AMD
20,000 XOF13,580.00 AMD
30,000 XOF20,370.00 AMD
40,000 XOF27,160.00 AMD
50,000 XOF33,950.00 AMD
100,000 XOF67,900.00 AMD

*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 from Burkina Faso to Armenia?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to AMD 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 Armenia from Burkina Faso. 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 AMD 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 rate to transfer money to Armenia from Burkina Faso?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Armenia 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 Armenian Dram 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 Armenia corridor to give you more good choices for your next AMD 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 Burkina Faso to Armenia?

One of the most important things to watch out for is hidden fees when sending money to Armenia from Burkina Faso. 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 Armenia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Armenian Dram foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best XOF to Armenia 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 Armenia from Burkina Faso.


How to send money to Armenia from Burkina Faso through a bank?

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 Burkina Faso to Armenia 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 AMD transfers.

Given this, there are umpteen additional options to send money to Armenia instead of just your Burkina Faso 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 Armenia gets the maximum amount.


What is the fastest way to do a money transfer to Armenia from Burkina Faso?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Burkina Faso to Armenia. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert XOF to AMD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your CFA Franc BCEAO amount reaching Armenia. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Armenian Dram quickly to Armenia, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Burkina Faso to Armenia money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Armenia as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best CFA Franc BCEAO to Armenian Dram money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


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

With so many possible ways to transfer CFA Franc BCEAO to Armenian Dram, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Burkina Faso to Armenia remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Burkina Faso and the receiver in Armenia. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your XOF to Armenian Dram money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.