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

Compare today's XOF to AMD (CFA Franc BCEAO to Armenian Dram) exchange rates

Gabon
Armenia
XOF

Interbank Exchange Rate: 1 XOF = 0.6807 AMD
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Armenian Dram money transfers

Easily compare money transfer providers in one place to send money from Gabon to Armenia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Armenian Dram (AMD) 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 Gabon.

Were you looking to send money from Armenia to Gabon 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 AMD Conversion Rates

Here are some latest XOF to AMD (CFA Franc BCEAO to Armenian Dram) exchange rates for popular conversion amounts*.

1 XOF0.68 AMD
5 XOF3.40 AMD
10 XOF6.81 AMD
25 XOF17.02 AMD
50 XOF34.04 AMD
100 XOF68.07 AMD
150 XOF102.10 AMD
200 XOF136.14 AMD
250 XOF170.17 AMD
300 XOF204.21 AMD
400 XOF272.28 AMD
500 XOF340.35 AMD
600 XOF408.42 AMD
700 XOF476.49 AMD
800 XOF544.56 AMD
1,000 XOF680.70 AMD
1,500 XOF1,021.05 AMD
2,000 XOF1,361.40 AMD
2,500 XOF1,701.75 AMD
3,000 XOF2,042.10 AMD
4,000 XOF2,722.80 AMD
5,000 XOF3,403.50 AMD
10,000 XOF6,807.00 AMD
15,000 XOF10,210.50 AMD
20,000 XOF13,614.00 AMD
30,000 XOF20,421.00 AMD
40,000 XOF27,228.00 AMD
50,000 XOF34,035.00 AMD
100,000 XOF68,070.00 AMD

*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 Gabon to Armenia?

Sending money internationally to Armenia from Gabon can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your CFA Franc BCEAO to AMD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Armenia. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Armenian Dram.


How to get the best rate to transfer money to Armenia from Gabon?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Armenia from Gabon.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Armenian Dram remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for XOF to AMD remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Gabon to Armenia?

The final amount your recipient gets when you send XOF to AMD 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 Gabon to Armenia 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 Armenian Dram 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 Armenia 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 Gabon to Armenia?

Bank transfers have been a traditionally popular way to send money overseas from Gabon to Armenia. 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 XOF to AMD 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 Gabon bank for your Armenia 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.


How to send money to Armenia from Gabon fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Gabon to Armenia. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert XOF to AMD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your CFA Franc BCEAO amount reaching Armenia. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Armenian Dram quickly to Armenia, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money to Armenia from Gabon?

Comparing money transfer companies for sending money to Armenia from Gabon 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 Armenia. 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 Armenian Dram 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 Armenian Dram yield on every CFA Franc BCEAO that you send.


Step by step guide to send money to Armenia from Gabon

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

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 Gabon to Armenia.