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Compare today's XCD to XOF (East Caribbean Dollar to CFA Franc BCEAO) exchange rates

Grenada
Chad
XCD

Interbank Exchange Rate: 1 XCD = 205.7310 XOF
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about East Caribbean Dollar to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Grenada to Chad. Send money overseas to your loved ones by comparing East Caribbean Dollar (XCD) 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 Grenada.

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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 XCD to XOF Conversion Rates

Here are some latest XCD to XOF (East Caribbean Dollar to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 XCD205.73 XOF
5 XCD1,028.66 XOF
10 XCD2,057.31 XOF
25 XCD5,143.28 XOF
50 XCD10,286.55 XOF
100 XCD20,573.10 XOF
150 XCD30,859.65 XOF
200 XCD41,146.20 XOF
250 XCD51,432.75 XOF
300 XCD61,719.30 XOF
400 XCD82,292.40 XOF
500 XCD102,865.50 XOF
600 XCD123,438.60 XOF
700 XCD144,011.70 XOF
800 XCD164,584.80 XOF
1,000 XCD205,731.00 XOF
1,500 XCD308,596.50 XOF
2,000 XCD411,462.00 XOF
2,500 XCD514,327.50 XOF
3,000 XCD617,193.00 XOF
4,000 XCD822,924.00 XOF
5,000 XCD1,028,655.00 XOF
10,000 XCD2,057,310.00 XOF
15,000 XCD3,085,965.00 XOF
20,000 XCD4,114,620.00 XOF
30,000 XCD6,171,930.00 XOF
40,000 XCD8,229,240.00 XOF
50,000 XCD10,286,550.00 XOF
100,000 XCD20,573,100.00 XOF

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


What's the best way to transfer money from Grenada to Chad?

With the global remittance market booming, there are so many choices for East Caribbean Dollar to XOF 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 Chad from Grenada. 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 XOF 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 remit rate for transferring money from Grenada to Chad?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Chad from Grenada. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your XCD to CFA Franc BCEAO money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Grenada to Chad corridor to give you more good choices for your next XOF money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to Chad from Grenada?

Finding the cheapest way to send money from Grenada 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 XCD 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 Grenada 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.


Should I use my bank to transfer money from Grenada to Chad?

Bank transfers have been a traditionally popular way to send money overseas from Grenada to Chad. 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 XCD 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 Grenada bank for your Chad 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 Grenada to Chad fast?

The speed of your East Caribbean Dollar 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 XCD 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 Chad from Grenada 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 Chad 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 Grenada bank to Chad bank transfer.


Which are the best money transfer companies to send money from Grenada to Chad?

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 Grenada to Chad, 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 East Caribbean Dollar 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 Chad. 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 Chad getting more money for every East Caribbean Dollar you send.


Step by step guide to do a money transfer from Grenada to Chad

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

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 Grenada to Chad.