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

Cape Verde
Mali
CVE

Interbank Exchange Rate: 1 CVE = 5.9518 XOF
Updated about an hour ago

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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 Mali. 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.

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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 CVE29.76 XOF
10 CVE59.52 XOF
25 CVE148.80 XOF
50 CVE297.59 XOF
100 CVE595.18 XOF
150 CVE892.77 XOF
200 CVE1,190.36 XOF
250 CVE1,487.95 XOF
300 CVE1,785.54 XOF
400 CVE2,380.72 XOF
500 CVE2,975.90 XOF
600 CVE3,571.08 XOF
700 CVE4,166.26 XOF
800 CVE4,761.44 XOF
1,000 CVE5,951.80 XOF
1,500 CVE8,927.70 XOF
2,000 CVE11,903.60 XOF
2,500 CVE14,879.50 XOF
3,000 CVE17,855.40 XOF
4,000 CVE23,807.20 XOF
5,000 CVE29,759.00 XOF
10,000 CVE59,518.00 XOF
15,000 CVE89,277.00 XOF
20,000 CVE119,036.00 XOF
30,000 CVE178,554.00 XOF
40,000 CVE238,072.00 XOF
50,000 CVE297,590.00 XOF
100,000 CVE595,180.00 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 Mali from Cape Verde?

It can be very confusing when sending money from Cape Verde to Mali 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 Mali 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 Mali 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 Mali?

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 Mali 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 for transferring money to Mali from Cape Verde?

One of the most important things to watch out for is hidden fees when sending money to Mali 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 Mali 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 Mali 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 Mali from Cape Verde.


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

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 Mali 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 Mali 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 Mali gets the maximum amount.


What is the fastest way to transfer money from Cape Verde to Mali?

If you need to convert CVE to XOF 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 Cape Verde to Mali 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 Cape Verde Escudo to CFA Franc BCEAO 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 Mali.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Cape Verde to Mali. 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 transfer money from Cape Verde to Mali?

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 Mali, 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 Mali. 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 Mali getting more money for every Cape Verde Escudo you send.


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

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Cape Verde to Mali, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Cape Verde to Mali that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Mali where they can receive monies in CFA Franc BCEAO.
  • Then, provide details of your Cape Verde bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your CVE travel to another part of the globe.