Compare today's XOF to CVE (CFA Franc BCEAO to Cape Verde Escudo) exchange rates
Interbank Exchange Rate: 1 XOF = 0.1681 CVE
Updated about an hour ago
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All you need to know about CFA Franc BCEAO to Cape Verde Escudo money transfers
Easily compare money transfer providers in one place to send money from Mali to Cape Verde. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Cape Verde Escudo (CVE) 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 XOF to CVE Conversion Rates
Here are some latest XOF to CVE (CFA Franc BCEAO to Cape Verde Escudo) exchange rates for popular conversion amounts*.
| 1 XOF | 0.17 CVE |
| 5 XOF | 0.84 CVE |
| 10 XOF | 1.68 CVE |
| 25 XOF | 4.20 CVE |
| 50 XOF | 8.41 CVE |
| 100 XOF | 16.81 CVE |
| 150 XOF | 25.22 CVE |
| 200 XOF | 33.62 CVE |
| 250 XOF | 42.03 CVE |
| 300 XOF | 50.43 CVE |
| 400 XOF | 67.24 CVE |
| 500 XOF | 84.05 CVE |
| 600 XOF | 100.86 CVE |
| 700 XOF | 117.67 CVE |
| 800 XOF | 134.48 CVE |
| 1,000 XOF | 168.10 CVE |
| 1,500 XOF | 252.15 CVE |
| 2,000 XOF | 336.20 CVE |
| 2,500 XOF | 420.25 CVE |
| 3,000 XOF | 504.30 CVE |
| 4,000 XOF | 672.40 CVE |
| 5,000 XOF | 840.50 CVE |
| 10,000 XOF | 1,681.00 CVE |
| 15,000 XOF | 2,521.50 CVE |
| 20,000 XOF | 3,362.00 CVE |
| 30,000 XOF | 5,043.00 CVE |
| 40,000 XOF | 6,724.00 CVE |
| 50,000 XOF | 8,405.00 CVE |
| 100,000 XOF | 16,810.00 CVE |
*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 Mali to Cape Verde?
With the global remittance market booming, there are so many choices for CFA Franc BCEAO to CVE 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 Cape Verde from Mali. 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 CVE 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 rate to transfer money to Cape Verde from Mali?
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 Cape Verde from Mali.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Cape Verde Escudo 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 XOF to CVE 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 for transferring money to Cape Verde from Mali?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Mali to Cape Verde via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for CFA Franc BCEAO to Cape Verde Escudo remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Mali to Cape Verde exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for XOF to CVE remittances.
Should I use my bank to transfer money from Mali to Cape Verde?
Big banks in Mali are known to make a lot of money by charging high fees on Cape Verde 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 CVE 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 Cape Verde. 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 Cape Verde. You work hard for your money, so you should also ensure you get the maximum yield when you send CVE overseas.
How to send money from Mali to Cape Verde fast?
The speed of your CFA Franc BCEAO to Cape Verde Escudo funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert XOF to CVE. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Cape Verde from Mali is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Cape Verde if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout CVE into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Mali bank to Cape Verde bank transfer.
Which are the best money transfer companies to send money from Mali to Cape Verde?
Mali to Cape Verde 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 Cape Verde 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 CFA Franc BCEAO to Cape Verde Escudo 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 send money to Cape Verde from Mali
Follow the below easy steps to send money to Cape Verde from Mali.- 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 Mali bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Cape Verde).
- 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.