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

Ethiopia
Chad
ETB

Interbank Exchange Rate: 1 ETB = 3.5908 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 Chad. 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.

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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 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 send money to Chad from Ethiopia?

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 Ethiopia to Chad. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Ethiopian Birr to XOF.

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 ETB to XOF in Chad. 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 Chad from Ethiopia. We provide you with maximum choices to send money to Chad by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Chad from Ethiopia?

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 Chad. 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 to send money from Ethiopia to Chad?

Finding the cheapest way to send money from Ethiopia to Chad 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 Chad 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.


How to send money from Ethiopia to Chad through a bank?

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 Ethiopia to Chad 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 ETB to XOF transfers.

Given this, there are umpteen additional options to send money to Chad instead of just your Ethiopia 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 Ethiopian Birr even more so that your recipient in Chad gets the maximum amount.


What is the fastest way to transfer money from Ethiopia to Chad?

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 Chad 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 Chad.

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

Comparing money transfer companies for sending money to Chad 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 Chad. 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 send money from Ethiopia to Chad

There are many important aspects of Ethiopia to Chad 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 Chad to validate that they get the money once the transaction clears.