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Compare today's LYD to XOF (Libyan Dinar to CFA Franc BCEAO) exchange rates

Libya
Mali
LYD

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 Mali. 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.

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 Libya.

Were you looking to send money from Mali to Libya 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 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 LYD87.99 XOF
5 LYD439.97 XOF
10 LYD879.95 XOF
25 LYD2,199.87 XOF
50 LYD4,399.75 XOF
100 LYD8,799.49 XOF
150 LYD13,199.24 XOF
200 LYD17,598.98 XOF
250 LYD21,998.73 XOF
300 LYD26,398.47 XOF
400 LYD35,197.96 XOF
500 LYD43,997.45 XOF
600 LYD52,796.94 XOF
700 LYD61,596.43 XOF
800 LYD70,395.92 XOF
1,000 LYD87,994.90 XOF
1,500 LYD131,992.35 XOF
2,000 LYD175,989.80 XOF
2,500 LYD219,987.25 XOF
3,000 LYD263,984.70 XOF
4,000 LYD351,979.60 XOF
5,000 LYD439,974.50 XOF
10,000 LYD879,949.00 XOF
15,000 LYD1,319,923.50 XOF
20,000 LYD1,759,898.00 XOF
30,000 LYD2,639,847.00 XOF
40,000 LYD3,519,796.00 XOF
50,000 LYD4,399,745.00 XOF
100,000 LYD8,799,490.00 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 to Mali from Libya?

It can be very confusing when sending money from Libya to Mali given so many choices. Additionally, Libyan Dinar to XOF exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Libya to Mali as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Mali from Libya. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Libyan Dinar to CFA Franc BCEAO remittances.


How to get the best rate to transfer money to Mali from Libya?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Libya to Mali transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your LYD to CFA Franc BCEAO international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Libyan Dinar to CFA Franc BCEAO exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to transfer money from Libya to Mali?

The final amount your recipient gets when you send LYD 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 Libya to Mali 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 Libyan Dinar to Mali 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.


Should I use my bank to transfer money from Libya to Mali?

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 LYD 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 Libya to Mali 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 Mali from Libya. They do this by letting you fund your transaction through your local bank account in Libya, and by allowing you to choose the payout to be your recipient's bank account in Mali. 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 Mali from Libya?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Libya 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 LYD 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 Libyan Dinar 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 Libya to Mali?

Comparing money transfer companies for sending money to Mali from Libya 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 Mali. 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 Libyan Dinar 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 Libyan Dinar that you send.


Step by step guide to send money from Libya to Mali

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 Libya to Mali, 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 Libya to Mali 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 Mali where they can receive monies in CFA Franc BCEAO.
  • Then, provide details of your Libya 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 LYD travel to another part of the globe.