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Compare today's XOF to DZD (CFA Franc BCEAO to Algerian Dinar) exchange rates

Mali
Algeria
XOF

Interbank Exchange Rate: 1 XOF = 0.2334 DZD
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Algerian Dinar money transfers

Easily compare money transfer providers in one place to send money from Mali to Algeria. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Algerian Dinar (DZD) 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 Mali.

Were you looking to send money from Algeria to Mali 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 XOF to DZD Conversion Rates

Here are some latest XOF to DZD (CFA Franc BCEAO to Algerian Dinar) exchange rates for popular conversion amounts*.

1 XOF0.23 DZD
5 XOF1.17 DZD
10 XOF2.33 DZD
25 XOF5.84 DZD
50 XOF11.67 DZD
100 XOF23.34 DZD
150 XOF35.01 DZD
200 XOF46.68 DZD
250 XOF58.35 DZD
300 XOF70.02 DZD
400 XOF93.36 DZD
500 XOF116.70 DZD
600 XOF140.04 DZD
700 XOF163.38 DZD
800 XOF186.72 DZD
1,000 XOF233.40 DZD
1,500 XOF350.10 DZD
2,000 XOF466.80 DZD
2,500 XOF583.50 DZD
3,000 XOF700.20 DZD
4,000 XOF933.60 DZD
5,000 XOF1,167.00 DZD
10,000 XOF2,334.00 DZD
15,000 XOF3,501.00 DZD
20,000 XOF4,668.00 DZD
30,000 XOF7,002.00 DZD
40,000 XOF9,336.00 DZD
50,000 XOF11,670.00 DZD
100,000 XOF23,340.00 DZD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Mali to Algeria money transfers?

There are many good choices when it comes to sending money from Mali to Algeria. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your CFA Franc BCEAO to DZD money transfers.

We compare different remittance companies to bring you the best options to send money to Algeria from Mali. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your CFA Franc BCEAO to Algerian Dinar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for sending money from Mali to Algeria?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Algeria.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Mali to Algeria transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your XOF to Algerian Dinar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money to Algeria from Mali?

When you want to send money to Algeria from Mali, you obviously want the cheapest possible option to maximize the money your recipient gets in Algerian Dinar. 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 XOF to DZD 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 Mali to Algeria. 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 Mali to Algeria 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 Algerian Dinar overseas.


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

Big banks in Mali are known to make a lot of money by charging high fees on Algeria money transfers from Mali. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a XOF to DZD exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Algeria. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Mali to Algeria. You work hard for your money, so you should also ensure you get the maximum yield when you send DZD overseas.


How to send money from Mali to Algeria fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Mali to Algeria. 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 XOF to DZD 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 CFA Franc BCEAO amount reaching Algeria. 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 Algerian Dinar quickly to Algeria, 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 Mali to Algeria?

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 Mali to Algeria, 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 CFA Franc BCEAO to Algerian Dinar 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 DZD money transfers to Algeria. 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 Algeria getting more money for every CFA Franc BCEAO you send.


Step by step guide to send money from Mali to Algeria

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 Mali to Algeria, 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 Mali to Algeria 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 Algeria where they can receive monies in Algerian Dinar.
  • Then, provide details of your Mali 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 XOF travel to another part of the globe.