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Compare today's XOF to GTQ (CFA Franc BCEAO to Guatemalan Quetzal) exchange rates

Equatorial Guinea
Guatemala
XOF

Interbank Exchange Rate: 1 XOF = 0.0138 GTQ
Updated about 1 hours ago

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All you need to know about CFA Franc BCEAO to Guatemalan Quetzal money transfers

Easily compare money transfer providers in one place to send money from Equatorial Guinea to Guatemala. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Guatemalan Quetzal (GTQ) 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 Equatorial Guinea.

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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 GTQ Conversion Rates

Here are some latest XOF to GTQ (CFA Franc BCEAO to Guatemalan Quetzal) exchange rates for popular conversion amounts*.

1 XOF0.01 GTQ
5 XOF0.07 GTQ
10 XOF0.14 GTQ
25 XOF0.35 GTQ
50 XOF0.69 GTQ
100 XOF1.38 GTQ
150 XOF2.07 GTQ
200 XOF2.76 GTQ
250 XOF3.45 GTQ
300 XOF4.14 GTQ
400 XOF5.52 GTQ
500 XOF6.90 GTQ
600 XOF8.28 GTQ
700 XOF9.66 GTQ
800 XOF11.04 GTQ
1,000 XOF13.80 GTQ
1,500 XOF20.70 GTQ
2,000 XOF27.60 GTQ
2,500 XOF34.50 GTQ
3,000 XOF41.40 GTQ
4,000 XOF55.20 GTQ
5,000 XOF69.00 GTQ
10,000 XOF138.00 GTQ
15,000 XOF207.00 GTQ
20,000 XOF276.00 GTQ
30,000 XOF414.00 GTQ
40,000 XOF552.00 GTQ
50,000 XOF690.00 GTQ
100,000 XOF1,380.00 GTQ

*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 Guatemala from Equatorial Guinea?

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 Equatorial Guinea to Guatemala. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer CFA Franc BCEAO to GTQ.

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 XOF to GTQ in Guatemala. 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 Guatemala from Equatorial Guinea. We provide you with maximum choices to send money to Guatemala by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Guatemala from Equatorial Guinea?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Guatemala from Equatorial Guinea. 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 Guatemalan Quetzal 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 Equatorial Guinea to Guatemala corridor to give you more good choices for your next GTQ 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 Equatorial Guinea to Guatemala?

One of the most important things to watch out for is hidden fees when sending money to Guatemala from Equatorial Guinea. 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 Guatemala using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Guatemalan Quetzal foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best XOF to Guatemala 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 Guatemala from Equatorial Guinea.


Should I use my bank to transfer money from Equatorial Guinea to Guatemala?

Bank transfers have been a traditionally popular way to send money overseas from Equatorial Guinea to Guatemala. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the XOF to GTQ exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Equatorial Guinea bank for your Guatemala money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money to Guatemala from Equatorial Guinea fast?

If you need to convert XOF to GTQ 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 Equatorial Guinea to Guatemala 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 CFA Franc BCEAO to Guatemalan Quetzal 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 Guatemala.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Equatorial Guinea to Guatemala. 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 to Guatemala from Equatorial Guinea?

Since the CFA Franc BCEAO to Guatemalan Quetzal 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 Equatorial Guinea that may also be able to send money to Guatemala. 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 GTQ money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Guatemala gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Equatorial Guinea to Guatemala transaction.


Step by step guide to send money to Guatemala from Equatorial Guinea

With so many possible ways to transfer CFA Franc BCEAO to Guatemalan Quetzal, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Equatorial Guinea to Guatemala remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Equatorial Guinea and the receiver in Guatemala. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your XOF to Guatemalan Quetzal money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.