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Compare today's GMD to XOF (Gambian Dalasi to CFA Franc BCEAO) exchange rates

Gambia
Central African Republic
GMD

Interbank Exchange Rate: 1 GMD = 7.5701 XOF
Updated about an hour ago

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All you need to know about Gambian Dalasi to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Gambia to Central African Republic. Send money overseas to your loved ones by comparing Gambian Dalasi (GMD) 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 Gambia.

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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 GMD to XOF Conversion Rates

Here are some latest GMD to XOF (Gambian Dalasi to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 GMD7.57 XOF
5 GMD37.85 XOF
10 GMD75.70 XOF
25 GMD189.25 XOF
50 GMD378.51 XOF
100 GMD757.01 XOF
150 GMD1,135.52 XOF
200 GMD1,514.02 XOF
250 GMD1,892.53 XOF
300 GMD2,271.03 XOF
400 GMD3,028.04 XOF
500 GMD3,785.05 XOF
600 GMD4,542.06 XOF
700 GMD5,299.07 XOF
800 GMD6,056.08 XOF
1,000 GMD7,570.10 XOF
1,500 GMD11,355.15 XOF
2,000 GMD15,140.20 XOF
2,500 GMD18,925.25 XOF
3,000 GMD22,710.30 XOF
4,000 GMD30,280.40 XOF
5,000 GMD37,850.50 XOF
10,000 GMD75,701.00 XOF
15,000 GMD113,551.50 XOF
20,000 GMD151,402.00 XOF
30,000 GMD227,103.00 XOF
40,000 GMD302,804.00 XOF
50,000 GMD378,505.00 XOF
100,000 GMD757,010.00 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 Central African Republic from Gambia?

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 Gambia to Central African Republic. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Gambian Dalasi 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 GMD to XOF in Central African Republic. 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 Central African Republic from Gambia. We provide you with maximum choices to send money to Central African Republic by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Central African Republic from Gambia?

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 Central African Republic from Gambia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your GMD to CFA Franc BCEAO 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 GMD to XOF 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 send money to Central African Republic from Gambia?

When you want to send money to Central African Republic from Gambia, 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 GMD 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 Gambia to Central African Republic. 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 Gambia to Central African Republic 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.


Should I use my bank to transfer money from Gambia to Central African Republic?

Bank transfers have been a traditionally popular way to send money overseas from Gambia 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 GMD 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 Gambia 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.


How to send money from Gambia to Central African Republic fast?

It could be a stressful experience if you need to rush money quickly from Gambia to Central African Republic. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert GMD to XOF. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in CFA Franc BCEAO. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Gambia to Central African Republic money transfers.


Which are the best money transfer companies to send money to Central African Republic from Gambia?

The first step in selecting the best money transfer operators for Gambia to Central African Republic remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Gambian Dalasi to CFA Franc BCEAO money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Central African Republic.


Step by step guide to send money from Gambia to Central African Republic

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

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 Gambia to Central African Republic.