Compare today's GNF to XOF (Guinean Franc to CFA Franc BCEAO) exchange rates
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 Mali. 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.
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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 GNF | 0.06 XOF |
| 5 GNF | 0.32 XOF |
| 10 GNF | 0.64 XOF |
| 25 GNF | 1.59 XOF |
| 50 GNF | 3.18 XOF |
| 100 GNF | 6.35 XOF |
| 150 GNF | 9.53 XOF |
| 200 GNF | 12.70 XOF |
| 250 GNF | 15.88 XOF |
| 300 GNF | 19.05 XOF |
| 400 GNF | 25.40 XOF |
| 500 GNF | 31.75 XOF |
| 600 GNF | 38.10 XOF |
| 700 GNF | 44.45 XOF |
| 800 GNF | 50.80 XOF |
| 1,000 GNF | 63.50 XOF |
| 1,500 GNF | 95.25 XOF |
| 2,000 GNF | 127.00 XOF |
| 2,500 GNF | 158.75 XOF |
| 3,000 GNF | 190.50 XOF |
| 4,000 GNF | 254.00 XOF |
| 5,000 GNF | 317.50 XOF |
| 10,000 GNF | 635.00 XOF |
| 15,000 GNF | 952.50 XOF |
| 20,000 GNF | 1,270.00 XOF |
| 30,000 GNF | 1,905.00 XOF |
| 40,000 GNF | 2,540.00 XOF |
| 50,000 GNF | 3,175.00 XOF |
| 100,000 GNF | 6,350.00 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 Mali?
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 to Mali. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Guinean Franc to XOF.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 GNF to XOF in Mali. 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 Mali from Guinea. We provide you with maximum choices to send money to Mali by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best rate to transfer money to Mali from Guinea?
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 Mali. 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 transfer money from Guinea to Mali?
Finding the cheapest way to send money from Guinea to Mali might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer GNF to XOF via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Guinea to Mali exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
How to send money to Mali from Guinea through a bank?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Guinea to Mali money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like GNF to XOF transfers.
Given this, there are umpteen additional options to send money to Mali instead of just your Guinea bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Guinean Franc even more so that your recipient in Mali gets the maximum amount.
What is the fastest way to transfer money from Guinea to Mali?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Guinea to Mali. 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 Mali. 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 Mali, 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 transfer money from Guinea to Mali?
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 Mali. 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 Mali 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 Mali transaction.
Step by step guide to transfer money to Mali from Guinea
Follow the below easy steps to send money to Mali from Guinea.- 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 bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Mali).
- 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.