Compare today's LYD to XOF (Libyan Dinar to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 LYD = 87.9949 XOF
Updated about an hour ago
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All you need to know about Libyan Dinar to CFA Franc BCEAO money transfers
Easily compare money transfer providers in one place to send money from Libya to Chad. Send money overseas to your loved ones by comparing Libyan Dinar (LYD) 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.
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Latest LYD to XOF Conversion Rates
Here are some latest LYD to XOF (Libyan Dinar to CFA Franc BCEAO) exchange rates for popular conversion amounts*.
| 1 LYD | 87.99 XOF |
| 5 LYD | 439.97 XOF |
| 10 LYD | 879.95 XOF |
| 25 LYD | 2,199.87 XOF |
| 50 LYD | 4,399.75 XOF |
| 100 LYD | 8,799.49 XOF |
| 150 LYD | 13,199.24 XOF |
| 200 LYD | 17,598.98 XOF |
| 250 LYD | 21,998.73 XOF |
| 300 LYD | 26,398.47 XOF |
| 400 LYD | 35,197.96 XOF |
| 500 LYD | 43,997.45 XOF |
| 600 LYD | 52,796.94 XOF |
| 700 LYD | 61,596.43 XOF |
| 800 LYD | 70,395.92 XOF |
| 1,000 LYD | 87,994.90 XOF |
| 1,500 LYD | 131,992.35 XOF |
| 2,000 LYD | 175,989.80 XOF |
| 2,500 LYD | 219,987.25 XOF |
| 3,000 LYD | 263,984.70 XOF |
| 4,000 LYD | 351,979.60 XOF |
| 5,000 LYD | 439,974.50 XOF |
| 10,000 LYD | 879,949.00 XOF |
| 15,000 LYD | 1,319,923.50 XOF |
| 20,000 LYD | 1,759,898.00 XOF |
| 30,000 LYD | 2,639,847.00 XOF |
| 40,000 LYD | 3,519,796.00 XOF |
| 50,000 LYD | 4,399,745.00 XOF |
| 100,000 LYD | 8,799,490.00 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 Libya to Chad?
With the global remittance market booming, there are so many choices for Libyan Dinar to XOF money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Chad from Libya. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final XOF amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best remit rate for transferring money from Libya to Chad?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Chad from Libya. 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 LYD 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 Libya 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 to send money to Chad from Libya?
One of the most important things to watch out for is hidden fees when sending money to Chad from Libya. 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 Chad 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 LYD to Chad 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 Chad from Libya.
How to send money to Chad from Libya 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 Libya to Chad 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 LYD to XOF transfers.
Given this, there are umpteen additional options to send money to Chad instead of just your Libya 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 Libyan Dinar even more so that your recipient in Chad gets the maximum amount.
What is the fastest way to transfer money from Libya to Chad?
It could be a stressful experience if you need to rush money quickly from Libya 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 LYD 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 Libya to Chad money transfers.
Which are the best money transfer companies to transfer money to Chad from Libya?
Libya to Chad money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Chad as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.
Once you have defined your parameters, selecting the best Libyan Dinar to CFA Franc BCEAO money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.
Step by step guide to transfer money to Chad from Libya
Follow the below easy steps to send money to Chad from Libya.- 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 Libya bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Chad).
- 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.