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Compare today's XOF to CVE (CFA Franc BCEAO to Cape Verde Escudo) exchange rates

Gabon
Cape Verde
XOF

Interbank Exchange Rate: 1 XOF = 0.1683 CVE
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Cape Verde Escudo money transfers

Easily compare money transfer providers in one place to send money from Gabon to Cape Verde. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Cape Verde Escudo (CVE) 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.

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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 CVE Conversion Rates

Here are some latest XOF to CVE (CFA Franc BCEAO to Cape Verde Escudo) exchange rates for popular conversion amounts*.

1 XOF0.17 CVE
5 XOF0.84 CVE
10 XOF1.68 CVE
25 XOF4.21 CVE
50 XOF8.42 CVE
100 XOF16.83 CVE
150 XOF25.25 CVE
200 XOF33.66 CVE
250 XOF42.08 CVE
300 XOF50.49 CVE
400 XOF67.32 CVE
500 XOF84.15 CVE
600 XOF100.98 CVE
700 XOF117.81 CVE
800 XOF134.64 CVE
1,000 XOF168.30 CVE
1,500 XOF252.45 CVE
2,000 XOF336.60 CVE
2,500 XOF420.75 CVE
3,000 XOF504.90 CVE
4,000 XOF673.20 CVE
5,000 XOF841.50 CVE
10,000 XOF1,683.00 CVE
15,000 XOF2,524.50 CVE
20,000 XOF3,366.00 CVE
30,000 XOF5,049.00 CVE
40,000 XOF6,732.00 CVE
50,000 XOF8,415.00 CVE
100,000 XOF16,830.00 CVE

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


What's the best way to do Gabon to Cape Verde money transfers?

With the global remittance market booming, there are so many choices for CFA Franc BCEAO to CVE 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 Cape Verde from Gabon. 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 CVE 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 rate to transfer money to Cape Verde 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 Cape Verde from Gabon.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Cape Verde Escudo 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 CVE 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 Cape Verde?

Finding the cheapest way to send money from Gabon to Cape Verde 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 XOF to CVE 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 Gabon to Cape Verde 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 transfer money from Gabon to Cape Verde?

Bank transfers have been a traditionally popular way to send money overseas from Gabon to Cape Verde. 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 CVE 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 Cape Verde 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 do a money transfer to Cape Verde from Gabon?

If you need to convert XOF to CVE 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 Gabon to Cape Verde 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 CFA Franc BCEAO to Cape Verde Escudo 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 Cape Verde.

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

Gabon to Cape Verde money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Cape Verde as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best CFA Franc BCEAO to Cape Verde Escudo money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to do a money transfer from Gabon to Cape Verde

The first step to send money to Cape Verde 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 CVE 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 Cape Verde 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 Cape Verde!

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 Cape Verde.