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

Guinea
Chad
GNF

Interbank Exchange Rate: 1 GNF = 0.0635 XOF
Updated about an hour 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 Chad. 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 Chad 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 GNF0.64 XOF
25 GNF1.59 XOF
50 GNF3.18 XOF
100 GNF6.35 XOF
150 GNF9.53 XOF
200 GNF12.70 XOF
250 GNF15.88 XOF
300 GNF19.05 XOF
400 GNF25.40 XOF
500 GNF31.75 XOF
600 GNF38.10 XOF
700 GNF44.45 XOF
800 GNF50.80 XOF
1,000 GNF63.50 XOF
1,500 GNF95.25 XOF
2,000 GNF127.00 XOF
2,500 GNF158.75 XOF
3,000 GNF190.50 XOF
4,000 GNF254.00 XOF
5,000 GNF317.50 XOF
10,000 GNF635.00 XOF
15,000 GNF952.50 XOF
20,000 GNF1,270.00 XOF
30,000 GNF1,905.00 XOF
40,000 GNF2,540.00 XOF
50,000 GNF3,175.00 XOF
100,000 GNF6,350.00 XOF

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


What's the best way to do Guinea to Chad money transfers?

Sending money internationally to Chad from Guinea 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 Guinean Franc to XOF 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 Chad. 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 CFA Franc BCEAO.


How to get the best rate to transfer money to Chad from Guinea?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Chad from Guinea. 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 GNF 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 Guinea 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 for transferring money to Chad from Guinea?

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 Chad 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 Chad 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.


How to send money from Guinea to Chad through a bank?

We do not recommend using your local bank in Guinea for your next GNF to XOF overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Guinea to Chad (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending XOF to Chad. These companies will let you use your local bank account in Guinea to pay for your Chad money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Guinea to Chad fast?

It could be a stressful experience if you need to rush money quickly from Guinea to Chad. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert GNF to XOF. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in CFA Franc BCEAO. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Guinea to Chad money transfers.


Which are the best money transfer companies to transfer money to Chad from Guinea?

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 Guinea 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 Guinean Franc 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 Guinean Franc you send.


Step by step guide to send money from Guinea to Chad

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 Chad 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 Chad. 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.