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Compare today's XOF to MZN (CFA Franc BCEAO to Mozambique Metical) exchange rates

Burkina Faso
Mozambique
XOF

Interbank Exchange Rate: 1 XOF = 0.1146 MZN
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Mozambique Metical money transfers

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

Here are some latest XOF to MZN (CFA Franc BCEAO to Mozambique Metical) exchange rates for popular conversion amounts*.

1 XOF0.11 MZN
5 XOF0.57 MZN
10 XOF1.15 MZN
25 XOF2.86 MZN
50 XOF5.73 MZN
100 XOF11.46 MZN
150 XOF17.19 MZN
200 XOF22.92 MZN
250 XOF28.65 MZN
300 XOF34.38 MZN
400 XOF45.84 MZN
500 XOF57.30 MZN
600 XOF68.76 MZN
700 XOF80.22 MZN
800 XOF91.68 MZN
1,000 XOF114.60 MZN
1,500 XOF171.90 MZN
2,000 XOF229.20 MZN
2,500 XOF286.50 MZN
3,000 XOF343.80 MZN
4,000 XOF458.40 MZN
5,000 XOF573.00 MZN
10,000 XOF1,146.00 MZN
15,000 XOF1,719.00 MZN
20,000 XOF2,292.00 MZN
30,000 XOF3,438.00 MZN
40,000 XOF4,584.00 MZN
50,000 XOF5,730.00 MZN
100,000 XOF11,460.00 MZN

*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 Mozambique money transfers?

Sending money internationally to Mozambique from Burkina Faso can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your CFA Franc BCEAO to MZN remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Mozambique. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Mozambique Metical.


How to get the best exchange rate for sending money from Burkina Faso to Mozambique?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Mozambique.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Burkina Faso to Mozambique transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your XOF to Mozambique Metical money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


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

The final amount your recipient gets when you send XOF to MZN is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Burkina Faso to Mozambique used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Mozambique Metical is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best CFA Franc BCEAO to Mozambique exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to send money from Burkina Faso to Mozambique?

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 Mozambique 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 MZN transfers.

Given this, there are umpteen additional options to send money to Mozambique 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 Mozambique gets the maximum amount.


How to send money to Mozambique from Burkina Faso fast?

If you need to convert XOF to MZN as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Burkina Faso to Mozambique could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your CFA Franc BCEAO to Mozambique Metical funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Mozambique.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Burkina Faso to Mozambique. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

Comparing money transfer companies for sending money to Mozambique 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 Mozambique. 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 Mozambique Metical 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 Mozambique Metical yield on every CFA Franc BCEAO that you send.


Step by step guide to transfer money to Mozambique from Burkina Faso

There are many important aspects of Burkina Faso to Mozambique remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Burkina Faso bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include MZN bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much CFA Franc BCEAO amount you want to send from Burkina Faso.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Mozambique to validate that they get the money once the transaction clears.