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

Central African Republic
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 Central African Republic 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 Central African Republic.

Were you looking to send money from Algeria to Central African Republic 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 Central African Republic to Algeria?

There are many good choices when it comes to sending money from Central African Republic to Algeria. 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 CFA Franc BCEAO to DZD money transfers.

We compare different remittance companies to bring you the best options to send money to Algeria from Central African Republic. 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 CFA Franc BCEAO to Algerian Dinar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Central African Republic to Algeria?

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 Algeria from Central African Republic.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Algerian Dinar 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 XOF to DZD 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 Algeria from Central African Republic?

When you want to send money to Algeria from Central African Republic, 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 Central African Republic 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 Central African Republic 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.


How to send money from Central African Republic to Algeria through a bank?

We do not recommend using your local bank in Central African Republic for your next XOF to DZD 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 Central African Republic to Algeria (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 DZD to Algeria. These companies will let you use your local bank account in Central African Republic to pay for your Algeria money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Central African Republic to Algeria?

The first thing to do when you need to convert XOF to DZD 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 CFA Franc BCEAO and Algerian Dinar. 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 Central African Republic to Algeria 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 Algeria.


Which are the best money transfer companies to transfer money from Central African Republic to Algeria?

Since the CFA Franc BCEAO to Algerian Dinar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Central African Republic that may also be able to send money to Algeria. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your XOF to DZD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Algeria gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Central African Republic to Algeria transaction.


Step by step guide to transfer money to Algeria from Central African Republic

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

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 Central African Republic to Algeria.