Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's XOF to DZD (CFA Franc BCEAO to Algerian Dinar) exchange rates

Cameroon
Algeria
XOF

Interbank Exchange Rate: 1 XOF = 0.2337 DZD
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about CFA Franc BCEAO to Algerian Dinar money transfers

Easily compare money transfer providers in one place to send money from Cameroon to Algeria. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Algerian Dinar (DZD) 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 Cameroon.

Were you looking to send money from Algeria to Cameroon 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 DZD Conversion Rates

Here are some latest XOF to DZD (CFA Franc BCEAO to Algerian Dinar) exchange rates for popular conversion amounts*.

1 XOF0.23 DZD
5 XOF1.17 DZD
10 XOF2.34 DZD
25 XOF5.84 DZD
50 XOF11.68 DZD
100 XOF23.37 DZD
150 XOF35.06 DZD
200 XOF46.74 DZD
250 XOF58.43 DZD
300 XOF70.11 DZD
400 XOF93.48 DZD
500 XOF116.85 DZD
600 XOF140.22 DZD
700 XOF163.59 DZD
800 XOF186.96 DZD
1,000 XOF233.70 DZD
1,500 XOF350.55 DZD
2,000 XOF467.40 DZD
2,500 XOF584.25 DZD
3,000 XOF701.10 DZD
4,000 XOF934.80 DZD
5,000 XOF1,168.50 DZD
10,000 XOF2,337.00 DZD
15,000 XOF3,505.50 DZD
20,000 XOF4,674.00 DZD
30,000 XOF7,011.00 DZD
40,000 XOF9,348.00 DZD
50,000 XOF11,685.00 DZD
100,000 XOF23,370.00 DZD

*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 Cameroon to Algeria?

It can be very confusing when sending money from Cameroon to Algeria given so many choices. Additionally, CFA Franc BCEAO to DZD 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 Cameroon to Algeria 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 Algeria from Cameroon. 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 CFA Franc BCEAO to Algerian Dinar remittances.


How to get the best exchange rate for your money transfers from Cameroon to Algeria?

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 Algeria.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Cameroon to Algeria 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 Algerian Dinar 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 Cameroon to Algeria?

When you want to send money to Algeria from Cameroon, you obviously want the cheapest possible option to maximize the money your recipient gets in Algerian 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 DZD 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 Cameroon to Algeria. 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 Cameroon to Algeria 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 Algerian Dinar overseas.


Should I use my bank to send money from Cameroon to Algeria?

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 DZD 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 Cameroon to Algeria 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 Algeria from Cameroon. They do this by letting you fund your transaction through your local bank account in Cameroon, and by allowing you to choose the payout to be your recipient's bank account in Algeria. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Cameroon to Algeria fast?

The speed of your CFA Franc BCEAO to Algerian 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 XOF to DZD. 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 Algeria from Cameroon 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 Algeria 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 DZD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Cameroon bank to Algeria bank transfer.


Which are the best money transfer companies to transfer money from Cameroon to Algeria?

The first step in selecting the best money transfer operators for Cameroon to Algeria remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for CFA Franc BCEAO to Algerian Dinar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Algeria.


Step by step guide to do a money transfer from Cameroon to Algeria

With so many possible ways to transfer CFA Franc BCEAO to Algerian Dinar, 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 Cameroon to Algeria 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 Cameroon and the receiver in Algeria. 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 Algerian Dinar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.