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Compare today's XOF to MKD (CFA Franc BCEAO to Macedonian Denar) exchange rates

Burkina Faso
Macedonia
XOF

Interbank Exchange Rate: 1 XOF = 0.0941 MKD
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Macedonian Denar money transfers

Easily compare money transfer providers in one place to send money from Burkina Faso to Macedonia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Macedonian Denar (MKD) 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 MKD Conversion Rates

Here are some latest XOF to MKD (CFA Franc BCEAO to Macedonian Denar) exchange rates for popular conversion amounts*.

1 XOF0.09 MKD
5 XOF0.47 MKD
10 XOF0.94 MKD
25 XOF2.35 MKD
50 XOF4.71 MKD
100 XOF9.41 MKD
150 XOF14.12 MKD
200 XOF18.82 MKD
250 XOF23.53 MKD
300 XOF28.23 MKD
400 XOF37.64 MKD
500 XOF47.05 MKD
600 XOF56.46 MKD
700 XOF65.87 MKD
800 XOF75.28 MKD
1,000 XOF94.10 MKD
1,500 XOF141.15 MKD
2,000 XOF188.20 MKD
2,500 XOF235.25 MKD
3,000 XOF282.30 MKD
4,000 XOF376.40 MKD
5,000 XOF470.50 MKD
10,000 XOF941.00 MKD
15,000 XOF1,411.50 MKD
20,000 XOF1,882.00 MKD
30,000 XOF2,823.00 MKD
40,000 XOF3,764.00 MKD
50,000 XOF4,705.00 MKD
100,000 XOF9,410.00 MKD

*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 Macedonia from Burkina Faso?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to MKD 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 Macedonia 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 MKD 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 Macedonia from Burkina Faso?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Macedonia 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 Macedonian Denar 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 Macedonia corridor to give you more good choices for your next MKD 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 Macedonia?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Burkina Faso to Macedonia via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for CFA Franc BCEAO to Macedonian Denar remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Burkina Faso to Macedonia exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for XOF to MKD remittances.


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

Bank transfers have been a traditionally popular way to send money overseas from Burkina Faso to Macedonia. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the XOF to MKD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Burkina Faso bank for your Macedonia money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to transfer money from Burkina Faso to Macedonia?

It could be a stressful experience if you need to rush money quickly from Burkina Faso to Macedonia. 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 MKD. 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 Macedonian Denar. 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 Macedonia money transfers.


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

Burkina Faso to Macedonia 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 Macedonia 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 Macedonian Denar 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 do a money transfer from Burkina Faso to Macedonia

The first step to send money to Macedonia from Burkina Faso 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 MKD 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 Macedonia if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Burkina Faso bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Macedonia!

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 Burkina Faso to Macedonia.