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

Guinea
Guinea-Bissau
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 Guinea-Bissau. 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 Guinea-Bissau 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 send money from Guinea to Guinea-Bissau?

Sending money internationally to Guinea-Bissau 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 Guinea-Bissau. 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 exchange rate for your money transfers from Guinea to Guinea-Bissau?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Guinea-Bissau 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 Guinea-Bissau 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 Guinea-Bissau 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 Guinea-Bissau 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 Guinea-Bissau 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 Guinea-Bissau through a bank?

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 GNF to XOF 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 to Guinea-Bissau 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 Guinea-Bissau from Guinea. They do this by letting you fund your transaction through your local bank account in Guinea, and by allowing you to choose the payout to be your recipient's bank account in Guinea-Bissau. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Guinea to Guinea-Bissau?

It could be a stressful experience if you need to rush money quickly from Guinea to Guinea-Bissau. 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 Guinea-Bissau money transfers.


Which are the best money transfer companies to transfer money to Guinea-Bissau 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 Guinea-Bissau. 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 Guinea-Bissau 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 Guinea-Bissau transaction.


Step by step guide to send money from Guinea to 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 to Guinea-Bissau, 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 to Guinea-Bissau 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 Guinea-Bissau where they can receive monies in CFA Franc BCEAO.
  • Then, provide details of your Guinea 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 GNF travel to another part of the globe.