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Compare today's XOF to PYG (CFA Franc BCEAO to Paraguayan Guarani) exchange rates

Equatorial Guinea
Paraguay
XOF

Interbank Exchange Rate: 1 XOF = 11.8822 PYG
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Paraguayan Guarani money transfers

Easily compare money transfer providers in one place to send money from Equatorial Guinea to Paraguay. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Paraguayan Guarani (PYG) 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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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 PYG Conversion Rates

Here are some latest XOF to PYG (CFA Franc BCEAO to Paraguayan Guarani) exchange rates for popular conversion amounts*.

1 XOF11.88 PYG
5 XOF59.41 PYG
10 XOF118.82 PYG
25 XOF297.06 PYG
50 XOF594.11 PYG
100 XOF1,188.22 PYG
150 XOF1,782.33 PYG
200 XOF2,376.44 PYG
250 XOF2,970.55 PYG
300 XOF3,564.66 PYG
400 XOF4,752.88 PYG
500 XOF5,941.10 PYG
600 XOF7,129.32 PYG
700 XOF8,317.54 PYG
800 XOF9,505.76 PYG
1,000 XOF11,882.20 PYG
1,500 XOF17,823.30 PYG
2,000 XOF23,764.40 PYG
2,500 XOF29,705.50 PYG
3,000 XOF35,646.60 PYG
4,000 XOF47,528.80 PYG
5,000 XOF59,411.00 PYG
10,000 XOF118,822.00 PYG
15,000 XOF178,233.00 PYG
20,000 XOF237,644.00 PYG
30,000 XOF356,466.00 PYG
40,000 XOF475,288.00 PYG
50,000 XOF594,110.00 PYG
100,000 XOF1,188,220.00 PYG

*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 Paraguay from Equatorial Guinea?

It can be very confusing when sending money from Equatorial Guinea to Paraguay given so many choices. Additionally, CFA Franc BCEAO to PYG exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Equatorial Guinea to Paraguay as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Paraguay from Equatorial Guinea. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for CFA Franc BCEAO to Paraguayan Guarani remittances.


How to get the best exchange rate for sending money from Equatorial Guinea to Paraguay?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Paraguay.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Equatorial Guinea to Paraguay transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your XOF to Paraguayan Guarani money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way for transferring money to Paraguay from Equatorial Guinea?

The final amount your recipient gets when you send XOF to PYG is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Equatorial Guinea to Paraguay used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Paraguayan Guarani is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best CFA Franc BCEAO to Paraguay exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


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

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


How to send money to Paraguay from Equatorial Guinea fast?

It could be a stressful experience if you need to rush money quickly from Equatorial Guinea to Paraguay. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert XOF to PYG. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Paraguayan Guarani. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Equatorial Guinea to Paraguay money transfers.


Which are the best money transfer companies to transfer money from Equatorial Guinea to Paraguay?

Comparing money transfer companies for sending money to Paraguay from Equatorial Guinea 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 Paraguay. 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 Paraguayan Guarani 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 Paraguayan Guarani yield on every CFA Franc BCEAO that you send.


Step by step guide to do a money transfer from Equatorial Guinea to Paraguay

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

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 Equatorial Guinea to Paraguay.