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Compare today's XOF to GNF (CFA Franc BCEAO to Guinean Franc) exchange rates

Chad
Guinea
XOF

Interbank Exchange Rate: 1 XOF = 15.7945 GNF
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Guinean Franc money transfers

Easily compare money transfer providers in one place to send money from Chad to Guinea. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Guinean Franc (GNF) 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 Chad.

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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 XOF to GNF Conversion Rates

Here are some latest XOF to GNF (CFA Franc BCEAO to Guinean Franc) exchange rates for popular conversion amounts*.

1 XOF15.79 GNF
5 XOF78.97 GNF
10 XOF157.95 GNF
25 XOF394.86 GNF
50 XOF789.72 GNF
100 XOF1,579.45 GNF
150 XOF2,369.17 GNF
200 XOF3,158.90 GNF
250 XOF3,948.63 GNF
300 XOF4,738.35 GNF
400 XOF6,317.80 GNF
500 XOF7,897.25 GNF
600 XOF9,476.70 GNF
700 XOF11,056.15 GNF
800 XOF12,635.60 GNF
1,000 XOF15,794.50 GNF
1,500 XOF23,691.75 GNF
2,000 XOF31,589.00 GNF
2,500 XOF39,486.25 GNF
3,000 XOF47,383.50 GNF
4,000 XOF63,178.00 GNF
5,000 XOF78,972.50 GNF
10,000 XOF157,945.00 GNF
15,000 XOF236,917.50 GNF
20,000 XOF315,890.00 GNF
30,000 XOF473,835.00 GNF
40,000 XOF631,780.00 GNF
50,000 XOF789,725.00 GNF
100,000 XOF1,579,450.00 GNF

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


What's the best way to do Chad to Guinea money transfers?

There are many good choices when it comes to sending money from Chad to Guinea. 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 GNF money transfers.

We compare different remittance companies to bring you the best options to send money to Guinea from Chad. 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 Guinean Franc 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 Chad to Guinea?

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


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

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 Chad to Guinea 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 CFA Franc BCEAO to Guinean Franc 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 Chad to Guinea 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 XOF to GNF remittances.


How to send money to Guinea from Chad 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 XOF to GNF 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 Chad to Guinea 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 Guinea from Chad. They do this by letting you fund your transaction through your local bank account in Chad, and by allowing you to choose the payout to be your recipient's bank account in Guinea. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Chad to Guinea fast?

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


Which are the best money transfer companies to transfer money to Guinea from Chad?

Comparing money transfer companies for sending money to Guinea from Chad 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 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 CFA Franc BCEAO to Guinean Franc 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 Guinean Franc yield on every CFA Franc BCEAO that you send.


Step by step guide to send money to Guinea from Chad

Follow the below easy steps to send money to Guinea from Chad.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Chad bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Guinea).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your XOF to GNF remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.