Compare today's BIF to LYD (Burundian Franc to Libyan Dinar) exchange rates
Interbank Exchange Rate: 1 BIF = 0.0022 LYD
Updated about an hour ago
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All you need to know about Burundian Franc to Libyan Dinar money transfers
Easily compare money transfer providers in one place to send money from Burundi to Libya. Send money overseas to your loved ones by comparing Burundian Franc (BIF) 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 BIF to LYD Conversion Rates
Here are some latest BIF to LYD (Burundian Franc to Libyan Dinar) exchange rates for popular conversion amounts*.
| 1 BIF | 0.00 LYD |
| 5 BIF | 0.01 LYD |
| 10 BIF | 0.02 LYD |
| 25 BIF | 0.06 LYD |
| 50 BIF | 0.11 LYD |
| 100 BIF | 0.22 LYD |
| 150 BIF | 0.33 LYD |
| 200 BIF | 0.44 LYD |
| 250 BIF | 0.55 LYD |
| 300 BIF | 0.66 LYD |
| 400 BIF | 0.88 LYD |
| 500 BIF | 1.10 LYD |
| 600 BIF | 1.32 LYD |
| 700 BIF | 1.54 LYD |
| 800 BIF | 1.76 LYD |
| 1,000 BIF | 2.20 LYD |
| 1,500 BIF | 3.30 LYD |
| 2,000 BIF | 4.40 LYD |
| 2,500 BIF | 5.50 LYD |
| 3,000 BIF | 6.60 LYD |
| 4,000 BIF | 8.80 LYD |
| 5,000 BIF | 11.00 LYD |
| 10,000 BIF | 22.00 LYD |
| 15,000 BIF | 33.00 LYD |
| 20,000 BIF | 44.00 LYD |
| 30,000 BIF | 66.00 LYD |
| 40,000 BIF | 88.00 LYD |
| 50,000 BIF | 110.00 LYD |
| 100,000 BIF | 220.00 LYD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to send money from Burundi to Libya?
It can be very confusing when sending money from Burundi to Libya given so many choices. Additionally, Burundian Franc to LYD 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 Burundi to Libya 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 Libya from Burundi. 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 Burundian Franc to Libyan Dinar remittances.
How to get the best remit rate for transferring money from Burundi to Libya?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Libya from Burundi. 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 BIF to Libyan 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 Burundi to Libya corridor to give you more good choices for your next LYD 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 Burundi to Libya?
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 Burundi to Libya 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 Burundian Franc to Libyan Dinar 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 Burundi to Libya 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 BIF to LYD remittances.
Should I use my bank to send money from Burundi 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 BIF 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 Burundi 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 Burundi. They do this by letting you fund your transaction through your local bank account in Burundi, 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.
How to send money to Libya from Burundi fast?
The speed of your Burundian Franc to Libyan 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 BIF to LYD. 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 Libya from Burundi 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 Libya 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 LYD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Burundi bank to Libya bank transfer.
Which are the best money transfer companies to send money to Libya from Burundi?
Burundi to Libya 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 Libya 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 Burundian Franc to Libyan Dinar 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 Burundi to Libya
Follow the below easy steps to send money to Libya from Burundi.- 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 Burundi 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.