Compare today's XOF to LYD (CFA Franc BCEAO to Libyan Dinar) exchange rates
Interbank Exchange Rate: 1 XOF = 0.0115 LYD
Updated about an hour ago
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All you need to know about CFA Franc BCEAO to Libyan Dinar money transfers
Easily compare money transfer providers in one place to send money from Burkina Faso to Libya. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Libyan Dinar (LYD) 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.
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Latest XOF to LYD Conversion Rates
Here are some latest XOF to LYD (CFA Franc BCEAO to Libyan Dinar) exchange rates for popular conversion amounts*.
| 1 XOF | 0.01 LYD |
| 5 XOF | 0.06 LYD |
| 10 XOF | 0.11 LYD |
| 25 XOF | 0.29 LYD |
| 50 XOF | 0.58 LYD |
| 100 XOF | 1.15 LYD |
| 150 XOF | 1.72 LYD |
| 200 XOF | 2.30 LYD |
| 250 XOF | 2.88 LYD |
| 300 XOF | 3.45 LYD |
| 400 XOF | 4.60 LYD |
| 500 XOF | 5.75 LYD |
| 600 XOF | 6.90 LYD |
| 700 XOF | 8.05 LYD |
| 800 XOF | 9.20 LYD |
| 1,000 XOF | 11.50 LYD |
| 1,500 XOF | 17.25 LYD |
| 2,000 XOF | 23.00 LYD |
| 2,500 XOF | 28.75 LYD |
| 3,000 XOF | 34.50 LYD |
| 4,000 XOF | 46.00 LYD |
| 5,000 XOF | 57.50 LYD |
| 10,000 XOF | 115.00 LYD |
| 15,000 XOF | 172.50 LYD |
| 20,000 XOF | 230.00 LYD |
| 30,000 XOF | 345.00 LYD |
| 40,000 XOF | 460.00 LYD |
| 50,000 XOF | 575.00 LYD |
| 100,000 XOF | 1,150.00 LYD |
*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 Burkina Faso to Libya?
There are many good choices when it comes to sending money from Burkina Faso to Libya. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your CFA Franc BCEAO to LYD money transfers.We compare different remittance companies to bring you the best options to send money to Libya from Burkina Faso. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your CFA Franc BCEAO to Libyan Dinar money transfers. You can take advantage of these deals and make the most of your hard earned money.
How to get the best rate to transfer money to Libya from Burkina Faso?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your XOF to Libyan Dinar money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Burkina Faso to Libya. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for XOF to LYD remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way to send money from Burkina Faso to Libya?
When you want to send money to Libya from Burkina Faso, you obviously want the cheapest possible option to maximize the money your recipient gets in Libyan Dinar. 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 LYD 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 Burkina Faso to Libya. 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 Burkina Faso to Libya 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 Libyan Dinar overseas.
Should I use my bank to send money from Burkina Faso to Libya?
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 LYD 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 Libya 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 Libya 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 Libya. 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 Libya?
It could be a stressful experience if you need to rush money quickly from Burkina Faso to Libya. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?First, you should ensure that you are picking the right payment method to convert XOF to LYD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.
Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Libyan Dinar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.
Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Burkina Faso to Libya money transfers.
Which are the best money transfer companies to transfer money from Burkina Faso to Libya?
Since the CFA Franc BCEAO to Libyan Dinar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Burkina Faso that may also be able to send money to Libya. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your XOF to LYD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Libya gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Burkina Faso to Libya transaction.
Step by step guide to do a money transfer from Burkina Faso to Libya
Follow the below easy steps to send money to Libya from Burkina Faso.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Burkina Faso bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Libya).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.