Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's XOF to EUR (CFA Franc BCEAO to Euro) exchange rates

Equatorial Guinea
Monaco
XOF

Interbank Exchange Rate: 1 XOF = 0.0016 EUR
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 XOF =
1.60 EUR
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0016 EUR

📢 B2B transfers only

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





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

Easily compare money transfer providers in one place to send money from Equatorial Guinea to Monaco. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Euro (EUR) 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.

When making a money transfer to Monaco from Equatorial Guinea, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Monaco and their 1 XOF to EUR exchange rate today is 0.0016.

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.

Were you looking to send money from Monaco to Equatorial Guinea 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 EUR Conversion Rates

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

1 XOF0.00 EUR
5 XOF0.01 EUR
10 XOF0.02 EUR
25 XOF0.04 EUR
50 XOF0.08 EUR
100 XOF0.16 EUR
150 XOF0.24 EUR
200 XOF0.32 EUR
250 XOF0.40 EUR
300 XOF0.48 EUR
400 XOF0.64 EUR
500 XOF0.80 EUR
600 XOF0.96 EUR
700 XOF1.12 EUR
800 XOF1.28 EUR
1,000 XOF1.60 EUR
1,500 XOF2.40 EUR
2,000 XOF3.20 EUR
2,500 XOF4.00 EUR
3,000 XOF4.80 EUR
4,000 XOF6.40 EUR
5,000 XOF8.00 EUR
10,000 XOF16.00 EUR
15,000 XOF24.00 EUR
20,000 XOF32.00 EUR
30,000 XOF48.00 EUR
40,000 XOF64.00 EUR
50,000 XOF80.00 EUR
100,000 XOF160.00 EUR

*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 Monaco from Equatorial Guinea?

There are many good choices when it comes to sending money from Equatorial Guinea to Monaco. 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 EUR money transfers.

We compare different remittance companies to bring you the best options to send money to Monaco from Equatorial Guinea. 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 Euro 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 Equatorial Guinea to Monaco?

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


What's the cheapest way to transfer money from Equatorial Guinea to Monaco?

Finding the cheapest way to send money from Equatorial Guinea to Monaco might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer XOF to EUR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Equatorial Guinea to Monaco exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


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

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 Equatorial Guinea to Monaco 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 XOF to EUR transfers.

Given this, there are umpteen additional options to send money to Monaco instead of just your Equatorial Guinea 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 CFA Franc BCEAO even more so that your recipient in Monaco gets the maximum amount.


How to send money from Equatorial Guinea to Monaco fast?

If you need to convert XOF to EUR 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 Monaco 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 Euro 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 Monaco.

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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Equatorial Guinea to Monaco, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best CFA Franc BCEAO to Euro exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your EUR money transfers to Monaco. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Monaco getting more money for every CFA Franc BCEAO you send.


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

Follow the below easy steps to send money to Monaco from Equatorial Guinea.

  • 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 Equatorial Guinea bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Monaco).
  • 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 EUR 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.