Compare today's XOF to CVE (CFA Franc BCEAO to Cape Verde Escudo) exchange rates
Interbank Exchange Rate: 1 XOF = 0.1679 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 Guinea-Bissau 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 Guinea-Bissau.
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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 XOF | 0.17 CVE |
| 5 XOF | 0.84 CVE |
| 10 XOF | 1.68 CVE |
| 25 XOF | 4.20 CVE |
| 50 XOF | 8.40 CVE |
| 100 XOF | 16.79 CVE |
| 150 XOF | 25.19 CVE |
| 200 XOF | 33.58 CVE |
| 250 XOF | 41.98 CVE |
| 300 XOF | 50.37 CVE |
| 400 XOF | 67.16 CVE |
| 500 XOF | 83.95 CVE |
| 600 XOF | 100.74 CVE |
| 700 XOF | 117.53 CVE |
| 800 XOF | 134.32 CVE |
| 1,000 XOF | 167.90 CVE |
| 1,500 XOF | 251.85 CVE |
| 2,000 XOF | 335.80 CVE |
| 2,500 XOF | 419.75 CVE |
| 3,000 XOF | 503.70 CVE |
| 4,000 XOF | 671.60 CVE |
| 5,000 XOF | 839.50 CVE |
| 10,000 XOF | 1,679.00 CVE |
| 15,000 XOF | 2,518.50 CVE |
| 20,000 XOF | 3,358.00 CVE |
| 30,000 XOF | 5,037.00 CVE |
| 40,000 XOF | 6,716.00 CVE |
| 50,000 XOF | 8,395.00 CVE |
| 100,000 XOF | 16,790.00 CVE |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Guinea-Bissau to Cape Verde?
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 Guinea-Bissau to Cape Verde. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer CFA Franc BCEAO to CVE.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 XOF to CVE in Cape Verde. 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 Cape Verde from Guinea-Bissau. We provide you with maximum choices to send money to Cape Verde by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best remit rate for transferring money from Guinea-Bissau to Cape Verde?
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 Guinea-Bissau.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 for transferring money to Cape Verde from Guinea-Bissau?
One of the most important things to watch out for is hidden fees when sending money to Cape Verde from Guinea-Bissau. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Cape Verde using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Cape Verde Escudo foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best XOF to Cape Verde exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Cape Verde from Guinea-Bissau.
Should I use my bank to send money from Guinea-Bissau to Cape Verde?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low XOF to CVE exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Guinea-Bissau to Cape Verde money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Cape Verde from Guinea-Bissau. They do this by letting you fund your transaction through your local bank account in Guinea-Bissau, and by allowing you to choose the payout to be your recipient's bank account in Cape Verde. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to do a money transfer to Cape Verde from Guinea-Bissau?
The speed of your CFA Franc BCEAO to Cape Verde Escudo 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 XOF to CVE. 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 Cape Verde from Guinea-Bissau 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 Cape Verde 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 CVE into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Guinea-Bissau bank to Cape Verde bank transfer.
Which are the best money transfer companies to transfer money from Guinea-Bissau to Cape Verde?
Comparing money transfer companies for sending money to Cape Verde from Guinea-Bissau 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 Cape Verde. 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 Cape Verde Escudo 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 Cape Verde Escudo yield on every CFA Franc BCEAO that you send.
Step by step guide to send money to Cape Verde from Guinea-Bissau
Follow the below easy steps to send money to Cape Verde from Guinea-Bissau.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Guinea-Bissau bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Cape Verde).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.