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Compare today's GYD to XOF (Guyanese Dollar to CFA Franc BCEAO) exchange rates

Guyana
Benin
GYD

Interbank Exchange Rate: 1 GYD = 2.6565 XOF
Updated about 1 hours ago

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All you need to know about Guyanese Dollar to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Guyana to Benin. Send money overseas to your loved ones by comparing Guyanese Dollar (GYD) 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 Guyana.

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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 GYD to XOF Conversion Rates

Here are some latest GYD to XOF (Guyanese Dollar to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 GYD2.66 XOF
5 GYD13.28 XOF
10 GYD26.56 XOF
25 GYD66.41 XOF
50 GYD132.83 XOF
100 GYD265.65 XOF
150 GYD398.47 XOF
200 GYD531.30 XOF
250 GYD664.13 XOF
300 GYD796.95 XOF
400 GYD1,062.60 XOF
500 GYD1,328.25 XOF
600 GYD1,593.90 XOF
700 GYD1,859.55 XOF
800 GYD2,125.20 XOF
1,000 GYD2,656.50 XOF
1,500 GYD3,984.75 XOF
2,000 GYD5,313.00 XOF
2,500 GYD6,641.25 XOF
3,000 GYD7,969.50 XOF
4,000 GYD10,626.00 XOF
5,000 GYD13,282.50 XOF
10,000 GYD26,565.00 XOF
15,000 GYD39,847.50 XOF
20,000 GYD53,130.00 XOF
30,000 GYD79,695.00 XOF
40,000 GYD106,260.00 XOF
50,000 GYD132,825.00 XOF
100,000 GYD265,650.00 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 Benin from Guyana?

Sending money internationally to Benin from Guyana 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 Guyanese Dollar 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 Benin. 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 Benin from Guyana?

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 GYD 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 Guyana to Benin. 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 GYD 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 to Benin from Guyana?

When you want to send money to Benin from Guyana, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your GYD to XOF money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Guyana to Benin. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Guyana to Benin exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send CFA Franc BCEAO overseas.


Should I use my bank to send money from Guyana to Benin?

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


What is the fastest way to do a money transfer to Benin from Guyana?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Guyana to Benin. 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 GYD 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 Guyanese Dollar amount reaching Benin. 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 Benin, 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 to Benin from Guyana?

Comparing money transfer companies for sending money to Benin from Guyana can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Benin. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Guyanese Dollar to CFA Franc BCEAO transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the CFA Franc BCEAO yield on every Guyanese Dollar that you send.


Step by step guide to send money to Benin from Guyana

Follow the below easy steps to send money to Benin from Guyana.

  • 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 Guyana bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Benin).
  • 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.

The provider will then work on your GYD to XOF remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.