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

Cape Verde
Niger
CVE

Interbank Exchange Rate: 1 CVE = 5.9561 XOF
Updated about 1 hours 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 Niger. 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 CVE5.96 XOF
5 CVE29.78 XOF
10 CVE59.56 XOF
25 CVE148.90 XOF
50 CVE297.81 XOF
100 CVE595.61 XOF
150 CVE893.42 XOF
200 CVE1,191.22 XOF
250 CVE1,489.03 XOF
300 CVE1,786.83 XOF
400 CVE2,382.44 XOF
500 CVE2,978.05 XOF
600 CVE3,573.66 XOF
700 CVE4,169.27 XOF
800 CVE4,764.88 XOF
1,000 CVE5,956.10 XOF
1,500 CVE8,934.15 XOF
2,000 CVE11,912.20 XOF
2,500 CVE14,890.25 XOF
3,000 CVE17,868.30 XOF
4,000 CVE23,824.40 XOF
5,000 CVE29,780.50 XOF
10,000 CVE59,561.00 XOF
15,000 CVE89,341.50 XOF
20,000 CVE119,122.00 XOF
30,000 CVE178,683.00 XOF
40,000 CVE238,244.00 XOF
50,000 CVE297,805.00 XOF
100,000 CVE595,610.00 XOF

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Cape Verde to Niger?

There are many good choices when it comes to sending money from Cape Verde to Niger. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Cape Verde Escudo to XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Niger from Cape Verde. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Cape Verde Escudo to CFA Franc BCEAO money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Cape Verde to Niger?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Niger from Cape Verde. 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 CVE to CFA Franc BCEAO 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 Cape Verde to Niger corridor to give you more good choices for your next XOF money transfer. This way you do not miss out on additional options to potentially save more.


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

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 Cape Verde to Niger 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 Cape Verde Escudo to CFA Franc BCEAO 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 Cape Verde to Niger 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 CVE to XOF remittances.


How to send money to Niger from Cape Verde through a bank?

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


How to send money from Cape Verde to Niger fast?

It could be a stressful experience if you need to rush money quickly from Cape Verde to Niger. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert CVE to XOF. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in CFA Franc BCEAO. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Cape Verde to Niger money transfers.


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

Comparing money transfer companies for sending money to Niger 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 Niger. 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 Niger from Cape Verde

There are many important aspects of Cape Verde to Niger remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Cape Verde bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include XOF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Cape Verde Escudo amount you want to send from Cape Verde.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Niger to validate that they get the money once the transaction clears.