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Compare today's XOF to DJF (CFA Franc BCEAO to Djiboutian Franc) exchange rates

Mali
Djibouti
XOF

Interbank Exchange Rate: 1 XOF = 0.3203 DJF
Updated about 1 hours ago

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All you need to know about CFA Franc BCEAO to Djiboutian Franc money transfers

Easily compare money transfer providers in one place to send money from Mali to Djibouti. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Djiboutian Franc (DJF) 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.

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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 DJF Conversion Rates

Here are some latest XOF to DJF (CFA Franc BCEAO to Djiboutian Franc) exchange rates for popular conversion amounts*.

1 XOF0.32 DJF
5 XOF1.60 DJF
10 XOF3.20 DJF
25 XOF8.01 DJF
50 XOF16.01 DJF
100 XOF32.03 DJF
150 XOF48.04 DJF
200 XOF64.06 DJF
250 XOF80.07 DJF
300 XOF96.09 DJF
400 XOF128.12 DJF
500 XOF160.15 DJF
600 XOF192.18 DJF
700 XOF224.21 DJF
800 XOF256.24 DJF
1,000 XOF320.30 DJF
1,500 XOF480.45 DJF
2,000 XOF640.60 DJF
2,500 XOF800.75 DJF
3,000 XOF960.90 DJF
4,000 XOF1,281.20 DJF
5,000 XOF1,601.50 DJF
10,000 XOF3,203.00 DJF
15,000 XOF4,804.50 DJF
20,000 XOF6,406.00 DJF
30,000 XOF9,609.00 DJF
40,000 XOF12,812.00 DJF
50,000 XOF16,015.00 DJF
100,000 XOF32,030.00 DJF

*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 Djibouti from Mali?

It can be very confusing when sending money from Mali to Djibouti given so many choices. Additionally, CFA Franc BCEAO to DJF 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 Mali to Djibouti 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 Djibouti from Mali. 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 CFA Franc BCEAO to Djiboutian Franc remittances.


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

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 Djibouti.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Mali to Djibouti 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 Djiboutian Franc 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 transfer money from Mali to Djibouti?

When you want to send money to Djibouti from Mali, you obviously want the cheapest possible option to maximize the money your recipient gets in Djiboutian Franc. 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 DJF 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 Djibouti. 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 Djibouti 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 Djiboutian Franc overseas.


Should I use my bank to send money from Mali to Djibouti?

Bank transfers have been a traditionally popular way to send money overseas from Mali to Djibouti. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the XOF to DJF exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Mali bank for your Djibouti money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to do a money transfer to Djibouti from Mali?

It could be a stressful experience if you need to rush money quickly from Mali to Djibouti. 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 XOF to DJF. 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 Djiboutian Franc. 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 Mali to Djibouti money transfers.


Which are the best money transfer companies to send money from Mali to Djibouti?

Comparing money transfer companies for sending money to Djibouti from Mali 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 Djibouti. 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 CFA Franc BCEAO to Djiboutian Franc 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 Djiboutian Franc yield on every CFA Franc BCEAO that you send.


Step by step guide to send money from Mali to Djibouti

With so many possible ways to transfer CFA Franc BCEAO to Djiboutian Franc, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Mali to Djibouti remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Mali and the receiver in Djibouti. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your XOF to Djiboutian Franc money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.