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Compare today's XOF to ISK (CFA Franc BCEAO to Icelandic Krona) exchange rates

Guinea-Bissau
Iceland
XOF

Interbank Exchange Rate: 1 XOF = 0.2211 ISK
Updated about 1 hours ago

Found 0 Remittance Service Providers

All you need to know about CFA Franc BCEAO to Icelandic Krona money transfers

Easily compare money transfer providers in one place to send money from Guinea-Bissau to Iceland. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Icelandic Krona (ISK) 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.

Were you looking to send money from Iceland to Guinea-Bissau 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 XOF to ISK Conversion Rates

Here are some latest XOF to ISK (CFA Franc BCEAO to Icelandic Krona) exchange rates for popular conversion amounts*.

1 XOF0.22 ISK
5 XOF1.11 ISK
10 XOF2.21 ISK
25 XOF5.53 ISK
50 XOF11.06 ISK
100 XOF22.11 ISK
150 XOF33.17 ISK
200 XOF44.22 ISK
250 XOF55.28 ISK
300 XOF66.33 ISK
400 XOF88.44 ISK
500 XOF110.55 ISK
600 XOF132.66 ISK
700 XOF154.77 ISK
800 XOF176.88 ISK
1,000 XOF221.10 ISK
1,500 XOF331.65 ISK
2,000 XOF442.20 ISK
2,500 XOF552.75 ISK
3,000 XOF663.30 ISK
4,000 XOF884.40 ISK
5,000 XOF1,105.50 ISK
10,000 XOF2,211.00 ISK
15,000 XOF3,316.50 ISK
20,000 XOF4,422.00 ISK
30,000 XOF6,633.00 ISK
40,000 XOF8,844.00 ISK
50,000 XOF11,055.00 ISK
100,000 XOF22,110.00 ISK

*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 Guinea-Bissau to Iceland?

Sending money internationally to Iceland from Guinea-Bissau can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your CFA Franc BCEAO to ISK remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Iceland. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Icelandic Krona.


How to get the best exchange rate for your money transfers from Guinea-Bissau to Iceland?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your XOF to Icelandic Krona money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Guinea-Bissau to Iceland. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for XOF to ISK remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money to Iceland from Guinea-Bissau?

When you want to send money to Iceland from Guinea-Bissau, you obviously want the cheapest possible option to maximize the money your recipient gets in Icelandic Krona. 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 XOF to ISK 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 Guinea-Bissau to Iceland. 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 Guinea-Bissau to Iceland 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 Icelandic Krona overseas.


Should I use my bank to transfer money from Guinea-Bissau to Iceland?

Bank transfers have been a traditionally popular way to send money overseas from Guinea-Bissau to Iceland. 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 ISK 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 Guinea-Bissau bank for your Iceland 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 Guinea-Bissau to Iceland fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Guinea-Bissau to Iceland. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert XOF to ISK fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your CFA Franc BCEAO amount reaching Iceland. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Icelandic Krona quickly to Iceland, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money from Guinea-Bissau to Iceland?

The first step in selecting the best money transfer operators for Guinea-Bissau to Iceland 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 CFA Franc BCEAO to Icelandic Krona 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 Iceland.


Step by step guide to transfer money to Iceland from Guinea-Bissau

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Guinea-Bissau to Iceland, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Guinea-Bissau to Iceland that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Iceland where they can receive monies in Icelandic Krona.
  • Then, provide details of your Guinea-Bissau bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your XOF travel to another part of the globe.