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

Cape Verde
Equatorial Guinea
CVE

Interbank Exchange Rate: 1 CVE = 5.9565 XOF
Updated about 1 hours 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 Equatorial Guinea. 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 Equatorial Guinea 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.

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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 CVE5.96 XOF
5 CVE29.78 XOF
10 CVE59.57 XOF
25 CVE148.91 XOF
50 CVE297.83 XOF
100 CVE595.65 XOF
150 CVE893.48 XOF
200 CVE1,191.30 XOF
250 CVE1,489.13 XOF
300 CVE1,786.95 XOF
400 CVE2,382.60 XOF
500 CVE2,978.25 XOF
600 CVE3,573.90 XOF
700 CVE4,169.55 XOF
800 CVE4,765.20 XOF
1,000 CVE5,956.50 XOF
1,500 CVE8,934.75 XOF
2,000 CVE11,913.00 XOF
2,500 CVE14,891.25 XOF
3,000 CVE17,869.50 XOF
4,000 CVE23,826.00 XOF
5,000 CVE29,782.50 XOF
10,000 CVE59,565.00 XOF
15,000 CVE89,347.50 XOF
20,000 CVE119,130.00 XOF
30,000 CVE178,695.00 XOF
40,000 CVE238,260.00 XOF
50,000 CVE297,825.00 XOF
100,000 CVE595,650.00 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 to Equatorial Guinea from Cape Verde?

It can be very confusing when sending money from Cape Verde to Equatorial Guinea given so many choices. Additionally, Cape Verde Escudo to XOF 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 Cape Verde to Equatorial Guinea 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 Equatorial Guinea from Cape Verde. 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 Cape Verde Escudo to CFA Franc BCEAO remittances.


How to get the best exchange rate for sending money from Cape Verde to Equatorial Guinea?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Cape Verde to Equatorial Guinea transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your CVE to CFA Franc BCEAO international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Cape Verde Escudo to CFA Franc BCEAO exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

One of the most important things to watch out for is hidden fees when sending money to Equatorial Guinea from Cape Verde. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Equatorial Guinea using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your CFA Franc BCEAO foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best CVE to Equatorial Guinea exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Equatorial Guinea from Cape Verde.


Should I use my bank to transfer money from Cape Verde to Equatorial Guinea?

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 Cape Verde to Equatorial Guinea 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 CVE to XOF transfers.

Given this, there are umpteen additional options to send money to Equatorial Guinea instead of just your Cape Verde 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 Cape Verde Escudo even more so that your recipient in Equatorial Guinea gets the maximum amount.


How to send money to Equatorial Guinea from Cape Verde fast?

The first thing to do when you need to convert CVE to XOF quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Cape Verde Escudo and CFA Franc BCEAO. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Cape Verde to Equatorial Guinea remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Equatorial Guinea.


Which are the best money transfer companies to transfer money to Equatorial Guinea from Cape Verde?

Comparing money transfer companies for sending money to Equatorial Guinea from Cape Verde 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 Equatorial Guinea. 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 Cape Verde Escudo to CFA Franc BCEAO 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 CFA Franc BCEAO yield on every Cape Verde Escudo that you send.


Step by step guide to send money to Equatorial Guinea from Cape Verde

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

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 Cape Verde to Equatorial Guinea.