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Compare today's EGP to XOF (Egyptian Pound to CFA Franc BCEAO) exchange rates

Egypt
Senegal
EGP

Interbank Exchange Rate: 1 EGP = 11.8437 XOF
Updated about an hour ago

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All you need to know about Egyptian Pound to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Egypt to Senegal. Send money overseas to your loved ones by comparing Egyptian Pound (EGP) 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 Egypt.

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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 EGP to XOF Conversion Rates

Here are some latest EGP to XOF (Egyptian Pound to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 EGP11.84 XOF
5 EGP59.22 XOF
10 EGP118.44 XOF
25 EGP296.09 XOF
50 EGP592.19 XOF
100 EGP1,184.37 XOF
150 EGP1,776.56 XOF
200 EGP2,368.74 XOF
250 EGP2,960.93 XOF
300 EGP3,553.11 XOF
400 EGP4,737.48 XOF
500 EGP5,921.85 XOF
600 EGP7,106.22 XOF
700 EGP8,290.59 XOF
800 EGP9,474.96 XOF
1,000 EGP11,843.70 XOF
1,500 EGP17,765.55 XOF
2,000 EGP23,687.40 XOF
2,500 EGP29,609.25 XOF
3,000 EGP35,531.10 XOF
4,000 EGP47,374.80 XOF
5,000 EGP59,218.50 XOF
10,000 EGP118,437.00 XOF
15,000 EGP177,655.50 XOF
20,000 EGP236,874.00 XOF
30,000 EGP355,311.00 XOF
40,000 EGP473,748.00 XOF
50,000 EGP592,185.00 XOF
100,000 EGP1,184,370.00 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 Egypt to Senegal?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Egypt to Senegal. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Egyptian Pound to XOF.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send EGP to XOF in Senegal. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Senegal from Egypt. We provide you with maximum choices to send money to Senegal by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Senegal from Egypt?

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 Egypt to Senegal 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 EGP 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 Egyptian Pound 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 transfer money from Egypt to Senegal?

One of the most important things to watch out for is hidden fees when sending money to Senegal from Egypt. 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 Senegal 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 EGP to Senegal 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 Senegal from Egypt.


How to send money to Senegal from Egypt through a bank?

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 Egypt to Senegal 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 EGP to XOF transfers.

Given this, there are umpteen additional options to send money to Senegal instead of just your Egypt 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 Egyptian Pound even more so that your recipient in Senegal gets the maximum amount.


What is the fastest way to transfer money from Egypt to Senegal?

The first thing to do when you need to convert EGP 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 Egyptian Pound 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 Egypt to Senegal 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 Senegal.


Which are the best money transfer companies to send money from Egypt to Senegal?

Egypt to Senegal money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Senegal as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Egyptian Pound to CFA Franc BCEAO money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to do a money transfer from Egypt to Senegal

Follow the below easy steps to send money to Senegal from Egypt.

  • 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 Egypt bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Senegal).
  • 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 EGP to XOF 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.