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Compare today's ETB to XOF (Ethiopian Birr to CFA Franc BCEAO) exchange rates

Ethiopia
Burkina Faso
ETB

Interbank Exchange Rate: 1 ETB = 3.5784 XOF
Updated about an hour ago

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All you need to know about Ethiopian Birr to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Ethiopia to Burkina Faso. Send money overseas to your loved ones by comparing Ethiopian Birr (ETB) 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 Ethiopia.

Were you looking to send money from Burkina Faso to Ethiopia 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 ETB to XOF Conversion Rates

Here are some latest ETB to XOF (Ethiopian Birr to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 ETB3.58 XOF
5 ETB17.89 XOF
10 ETB35.78 XOF
25 ETB89.46 XOF
50 ETB178.92 XOF
100 ETB357.84 XOF
150 ETB536.76 XOF
200 ETB715.68 XOF
250 ETB894.60 XOF
300 ETB1,073.52 XOF
400 ETB1,431.36 XOF
500 ETB1,789.20 XOF
600 ETB2,147.04 XOF
700 ETB2,504.88 XOF
800 ETB2,862.72 XOF
1,000 ETB3,578.40 XOF
1,500 ETB5,367.60 XOF
2,000 ETB7,156.80 XOF
2,500 ETB8,946.00 XOF
3,000 ETB10,735.20 XOF
4,000 ETB14,313.60 XOF
5,000 ETB17,892.00 XOF
10,000 ETB35,784.00 XOF
15,000 ETB53,676.00 XOF
20,000 ETB71,568.00 XOF
30,000 ETB107,352.00 XOF
40,000 ETB143,136.00 XOF
50,000 ETB178,920.00 XOF
100,000 ETB357,840.00 XOF

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


What's the best way to send money from Ethiopia to Burkina Faso?

With the global remittance market booming, there are so many choices for Ethiopian Birr to XOF money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Burkina Faso from Ethiopia. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final XOF amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for your money transfers from Ethiopia to Burkina Faso?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your ETB to CFA Franc BCEAO money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Ethiopia to Burkina Faso. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for ETB to XOF remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Burkina Faso from Ethiopia?

When you want to send money to Burkina Faso from Ethiopia, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your ETB to XOF money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Ethiopia to Burkina Faso. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Ethiopia to Burkina Faso exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send CFA Franc BCEAO overseas.


How to send money from Ethiopia to Burkina Faso through a bank?

We do not recommend using your local bank in Ethiopia for your next ETB to XOF 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 Ethiopia to Burkina Faso (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 XOF to Burkina Faso. These companies will let you use your local bank account in Ethiopia to pay for your Burkina Faso 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 from Ethiopia to Burkina Faso fast?

The first thing to do when you need to convert ETB 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 Ethiopian Birr 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 Ethiopia to Burkina Faso 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 Burkina Faso.


Which are the best money transfer companies to send money from Ethiopia to Burkina Faso?

Comparing money transfer companies for sending money to Burkina Faso from Ethiopia 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 Burkina Faso. 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 Ethiopian Birr to CFA Franc BCEAO 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 CFA Franc BCEAO yield on every Ethiopian Birr that you send.


Step by step guide to transfer money to Burkina Faso from Ethiopia

There are many important aspects of Ethiopia to Burkina Faso remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Ethiopia bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include XOF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Ethiopian Birr amount you want to send from Ethiopia.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Burkina Faso to validate that they get the money once the transaction clears.