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

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

Ethiopia
Central African Republic
ETB

Interbank Exchange Rate: 1 ETB = 3.5908 XOF
Updated about an hour ago

Found 0 Remittance Service Providers

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 Central African Republic. 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 Central African Republic 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 ETB3.59 XOF
5 ETB17.95 XOF
10 ETB35.91 XOF
25 ETB89.77 XOF
50 ETB179.54 XOF
100 ETB359.08 XOF
150 ETB538.62 XOF
200 ETB718.16 XOF
250 ETB897.70 XOF
300 ETB1,077.24 XOF
400 ETB1,436.32 XOF
500 ETB1,795.40 XOF
600 ETB2,154.48 XOF
700 ETB2,513.56 XOF
800 ETB2,872.64 XOF
1,000 ETB3,590.80 XOF
1,500 ETB5,386.20 XOF
2,000 ETB7,181.60 XOF
2,500 ETB8,977.00 XOF
3,000 ETB10,772.40 XOF
4,000 ETB14,363.20 XOF
5,000 ETB17,954.00 XOF
10,000 ETB35,908.00 XOF
15,000 ETB53,862.00 XOF
20,000 ETB71,816.00 XOF
30,000 ETB107,724.00 XOF
40,000 ETB143,632.00 XOF
50,000 ETB179,540.00 XOF
100,000 ETB359,080.00 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 Ethiopia to Central African Republic?

It can be very confusing when sending money from Ethiopia to Central African Republic given so many choices. Additionally, Ethiopian Birr to XOF 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 Ethiopia to Central African Republic 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 Central African Republic from Ethiopia. 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 Ethiopian Birr to CFA Franc BCEAO remittances.


How to get the best exchange rate for your money transfers from Ethiopia to Central African Republic?

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 Ethiopia to Central African Republic 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 ETB 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 Ethiopian Birr 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 send money from Ethiopia to Central African Republic?

Finding the cheapest way to send money from Ethiopia to Central African Republic 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 ETB to XOF 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 Ethiopia to Central African Republic 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 send money from Ethiopia to Central African Republic?

Bank transfers have been a traditionally popular way to send money overseas from Ethiopia to Central African Republic. 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 ETB to XOF 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 Ethiopia bank for your Central African Republic 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.


What is the fastest way to transfer money from Ethiopia to Central African Republic?

If you need to convert ETB to XOF 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 Ethiopia to Central African Republic 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 Ethiopian Birr to CFA Franc BCEAO 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 Central African Republic.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Ethiopia to Central African Republic. 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 send money from Ethiopia to Central African Republic?

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 Ethiopia to Central African Republic, 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 Ethiopian Birr to CFA Franc BCEAO 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 XOF money transfers to Central African Republic. 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 Central African Republic getting more money for every Ethiopian Birr you send.


Step by step guide to do a money transfer from Ethiopia to Central African Republic

With so many possible ways to transfer Ethiopian Birr to CFA Franc BCEAO, 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 Ethiopia to Central African Republic 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 Ethiopia and the receiver in Central African Republic. 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 ETB to CFA Franc BCEAO money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.