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

Guinea
Senegal
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 Senegal. 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 Senegal 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 transfer money from Guinea to Senegal?

Sending money internationally to Senegal 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 Senegal. 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 remit rate for transferring money from Guinea to Senegal?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Senegal from Guinea.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your GNF to CFA Franc BCEAO remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for GNF to XOF remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Guinea to Senegal?

One of the most important things to watch out for is hidden fees when sending money to Senegal from Guinea. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Senegal using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your CFA Franc BCEAO foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best GNF to Senegal exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Senegal from Guinea.


Should I use my bank to send money from Guinea to Senegal?

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 Senegal (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 Senegal. These companies will let you use your local bank account in Guinea to pay for your Senegal 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 to Senegal from Guinea fast?

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


Which are the best money transfer companies to transfer money to Senegal 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 Senegal, 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 Senegal. 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 Senegal getting more money for every Guinean Franc you send.


Step by step guide to do a money transfer from Guinea to Senegal

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 Senegal 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 Senegal. 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.