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Compare today's GHS to XOF (Ghana Cedi to CFA Franc BCEAO) exchange rates

Ghana
Benin
GHS

Interbank Exchange Rate: 1 GHS = 50.8097 XOF
Updated about an hour ago

Found 1 Remittance Service Providers

currencyflow
Read more about Currencyflow
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 GHS =
50 591.70 XOF
Transfer Limit (GHS): No Limits
Locked-In Rate1 GHS = 50.5917 XOF
1 Remit Service Providers did not match the search criteria.
key-currency
Read more about Key Currency
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 GHS =
50 657.60 XOF
Transfer Limit (GHS): 74978.5 - No Limit
Indicative Rate1 GHS = 50.6576 XOF

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Ghana Cedi to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Ghana to Benin. Send money overseas to your loved ones by comparing Ghana Cedi (GHS) 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.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Ghana to Benin.

The best rate to send CFA Franc BCEAO from Ghana Cedi to your loved ones in Benin is currently offered by Currencyflow; their 1 GHS to XOF exchange rate today is 50.5917.

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 Ghana.

Were you looking to send money from Benin to Ghana 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 GHS to XOF Conversion Rates

Here are some latest GHS to XOF (Ghana Cedi to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 GHS50.81 XOF
5 GHS254.05 XOF
10 GHS508.10 XOF
25 GHS1,270.24 XOF
50 GHS2,540.49 XOF
100 GHS5,080.97 XOF
150 GHS7,621.46 XOF
200 GHS10,161.94 XOF
250 GHS12,702.43 XOF
300 GHS15,242.91 XOF
400 GHS20,323.88 XOF
500 GHS25,404.85 XOF
600 GHS30,485.82 XOF
700 GHS35,566.79 XOF
800 GHS40,647.76 XOF
1,000 GHS50,809.70 XOF
1,500 GHS76,214.55 XOF
2,000 GHS101,619.40 XOF
2,500 GHS127,024.25 XOF
3,000 GHS152,429.10 XOF
4,000 GHS203,238.80 XOF
5,000 GHS254,048.50 XOF
10,000 GHS508,097.00 XOF
15,000 GHS762,145.50 XOF
20,000 GHS1,016,194.00 XOF
30,000 GHS1,524,291.00 XOF
40,000 GHS2,032,388.00 XOF
50,000 GHS2,540,485.00 XOF
100,000 GHS5,080,970.00 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 from Ghana to Benin?

It can be very confusing when sending money from Ghana to Benin given so many choices. Additionally, Ghana Cedi 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 Ghana to Benin 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 Benin from Ghana. 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 Ghana Cedi to CFA Franc BCEAO remittances.


How to get the best rate to transfer money to Benin from Ghana?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Benin.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Ghana to Benin transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your GHS to CFA Franc BCEAO money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to transfer money from Ghana to Benin?

Finding the cheapest way to send money from Ghana to Benin 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 GHS 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 Ghana to Benin 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 Ghana to Benin?

Big banks in Ghana are known to make a lot of money by charging high fees on Benin money transfers from Ghana. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a GHS to XOF exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Benin. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Ghana to Benin. You work hard for your money, so you should also ensure you get the maximum yield when you send XOF overseas.


What is the fastest way to transfer money from Ghana to Benin?

The speed of your Ghana Cedi to CFA Franc BCEAO funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert GHS to XOF. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Benin from Ghana is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Benin if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Ghana bank to Benin bank transfer.


Which are the best money transfer companies to send money to Benin from Ghana?

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 Ghana to Benin, 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 Ghana Cedi 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 Benin. 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 Benin getting more money for every Ghana Cedi you send.


Step by step guide to do a money transfer from Ghana to Benin

With so many possible ways to transfer Ghana Cedi 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 Ghana to Benin 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 Ghana and the receiver in Benin. 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 GHS 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.