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Compare today's GNF to XOF (Guinean Franc to CFA Franc BCEAO) exchange rates

Guinea
Burkina Faso
GNF

Interbank Exchange Rate: 1 GNF = 0.0633 XOF
Updated about 1 hours ago

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All you need to know about Guinean Franc to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Guinea to Burkina Faso. Send money overseas to your loved ones by comparing Guinean Franc (GNF) 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 Guinea.

Were you looking to send money from Burkina Faso to Guinea 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 GNF to XOF Conversion Rates

Here are some latest GNF to XOF (Guinean Franc to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 GNF0.06 XOF
5 GNF0.32 XOF
10 GNF0.63 XOF
25 GNF1.58 XOF
50 GNF3.16 XOF
100 GNF6.33 XOF
150 GNF9.50 XOF
200 GNF12.66 XOF
250 GNF15.83 XOF
300 GNF18.99 XOF
400 GNF25.32 XOF
500 GNF31.65 XOF
600 GNF37.98 XOF
700 GNF44.31 XOF
800 GNF50.64 XOF
1,000 GNF63.30 XOF
1,500 GNF94.95 XOF
2,000 GNF126.60 XOF
2,500 GNF158.25 XOF
3,000 GNF189.90 XOF
4,000 GNF253.20 XOF
5,000 GNF316.50 XOF
10,000 GNF633.00 XOF
15,000 GNF949.50 XOF
20,000 GNF1,266.00 XOF
30,000 GNF1,899.00 XOF
40,000 GNF2,532.00 XOF
50,000 GNF3,165.00 XOF
100,000 GNF6,330.00 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 Burkina Faso from Guinea?

There are many good choices when it comes to sending money from Guinea to Burkina Faso. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Guinean Franc to XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Burkina Faso from Guinea. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Guinean Franc to CFA Franc BCEAO money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for sending money from Guinea to Burkina Faso?

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 GNF to CFA Franc BCEAO 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 to Burkina Faso. 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 GNF to XOF 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 from Guinea to Burkina Faso?

The final amount your recipient gets when you send GNF to XOF is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Guinea to Burkina Faso used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send CFA Franc BCEAO is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Guinean Franc to Burkina Faso exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to transfer money from Guinea to Burkina Faso?

Big banks in Guinea are known to make a lot of money by charging high fees on Burkina Faso money transfers from Guinea. 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 GNF 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 Burkina Faso. 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 Guinea to Burkina Faso. You work hard for your money, so you should also ensure you get the maximum yield when you send XOF overseas.


How to send money to Burkina Faso from Guinea fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Guinea to Burkina Faso. 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 GNF to XOF 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 Guinean Franc amount reaching Burkina Faso. 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 CFA Franc BCEAO quickly to Burkina Faso, 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 to Burkina Faso from Guinea?

Since the Guinean Franc to CFA Franc BCEAO money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Guinea that may also be able to send money to Burkina Faso. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your GNF to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Burkina Faso gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Guinea to Burkina Faso transaction.


Step by step guide to send money from Guinea to Burkina Faso

With so many possible ways to transfer Guinean Franc 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 Guinea to Burkina Faso 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 Guinea and the receiver in Burkina Faso. 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 GNF 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.