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Compare today's CVE to XOF (Cape Verde Escudo to CFA Franc BCEAO) exchange rates

Cape Verde
Chad
CVE

Interbank Exchange Rate: 1 CVE = 5.9530 XOF
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Cape Verde Escudo to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Cape Verde to Chad. Send money overseas to your loved ones by comparing Cape Verde Escudo (CVE) to CFA Franc BCEAO (XOF) 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 Cape Verde.

Were you looking to send money from Chad to Cape Verde 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 CVE to XOF Conversion Rates

Here are some latest CVE to XOF (Cape Verde Escudo to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 CVE5.95 XOF
5 CVE29.77 XOF
10 CVE59.53 XOF
25 CVE148.83 XOF
50 CVE297.65 XOF
100 CVE595.30 XOF
150 CVE892.95 XOF
200 CVE1,190.60 XOF
250 CVE1,488.25 XOF
300 CVE1,785.90 XOF
400 CVE2,381.20 XOF
500 CVE2,976.50 XOF
600 CVE3,571.80 XOF
700 CVE4,167.10 XOF
800 CVE4,762.40 XOF
1,000 CVE5,953.00 XOF
1,500 CVE8,929.50 XOF
2,000 CVE11,906.00 XOF
2,500 CVE14,882.50 XOF
3,000 CVE17,859.00 XOF
4,000 CVE23,812.00 XOF
5,000 CVE29,765.00 XOF
10,000 CVE59,530.00 XOF
15,000 CVE89,295.00 XOF
20,000 CVE119,060.00 XOF
30,000 CVE178,590.00 XOF
40,000 CVE238,120.00 XOF
50,000 CVE297,650.00 XOF
100,000 CVE595,300.00 XOF

*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 Cape Verde to Chad?

With the global remittance market booming, there are so many choices for Cape Verde Escudo to XOF 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 Chad from Cape Verde. 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 XOF 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 remit rate for transferring money from Cape Verde to Chad?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Chad from Cape Verde.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your CVE to CFA Franc BCEAO remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for CVE to XOF remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money from Cape Verde to Chad?

When you want to send money to Chad from Cape Verde, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. 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 CVE to XOF 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 Cape Verde to Chad. 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 Cape Verde to Chad 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 CFA Franc BCEAO overseas.


Should I use my bank to send money from Cape Verde to Chad?

We do not recommend using your local bank in Cape Verde for your next CVE to XOF overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Cape Verde to Chad (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending XOF to Chad. These companies will let you use your local bank account in Cape Verde to pay for your Chad money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Cape Verde to Chad fast?

The speed of your Cape Verde Escudo to CFA Franc BCEAO 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 CVE to XOF. 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 Chad from Cape Verde 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 Chad 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 XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Cape Verde bank to Chad bank transfer.


Which are the best money transfer companies to send money from Cape Verde to Chad?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Cape Verde to Chad, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Cape Verde Escudo to CFA Franc BCEAO exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your XOF money transfers to Chad. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Chad getting more money for every Cape Verde Escudo you send.


Step by step guide to transfer money to Chad from Cape Verde

With so many possible ways to transfer Cape Verde Escudo to CFA Franc BCEAO, 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 Cape Verde to Chad 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 Cape Verde and the receiver in Chad. 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 CVE to CFA Franc BCEAO money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.