Compare today's XOF to GMD (CFA Franc BCEAO to Gambian Dalasi) exchange rates
Interbank Exchange Rate: 1 XOF = 0.1322 GMD
Updated about 1 hours ago
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All you need to know about CFA Franc BCEAO to Gambian Dalasi money transfers
Easily compare money transfer providers in one place to send money from Mali to Gambia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Gambian Dalasi (GMD) 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 GMD Conversion Rates
Here are some latest XOF to GMD (CFA Franc BCEAO to Gambian Dalasi) exchange rates for popular conversion amounts*.
| 1 XOF | 0.13 GMD |
| 5 XOF | 0.66 GMD |
| 10 XOF | 1.32 GMD |
| 25 XOF | 3.31 GMD |
| 50 XOF | 6.61 GMD |
| 100 XOF | 13.22 GMD |
| 150 XOF | 19.83 GMD |
| 200 XOF | 26.44 GMD |
| 250 XOF | 33.05 GMD |
| 300 XOF | 39.66 GMD |
| 400 XOF | 52.88 GMD |
| 500 XOF | 66.10 GMD |
| 600 XOF | 79.32 GMD |
| 700 XOF | 92.54 GMD |
| 800 XOF | 105.76 GMD |
| 1,000 XOF | 132.20 GMD |
| 1,500 XOF | 198.30 GMD |
| 2,000 XOF | 264.40 GMD |
| 2,500 XOF | 330.50 GMD |
| 3,000 XOF | 396.60 GMD |
| 4,000 XOF | 528.80 GMD |
| 5,000 XOF | 661.00 GMD |
| 10,000 XOF | 1,322.00 GMD |
| 15,000 XOF | 1,983.00 GMD |
| 20,000 XOF | 2,644.00 GMD |
| 30,000 XOF | 3,966.00 GMD |
| 40,000 XOF | 5,288.00 GMD |
| 50,000 XOF | 6,610.00 GMD |
| 100,000 XOF | 13,220.00 GMD |
*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 Gambia?
It can be very confusing when sending money from Mali to Gambia given so many choices. Additionally, CFA Franc BCEAO to GMD 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 Gambia 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 Gambia 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 Gambian Dalasi remittances.
How to get the best rate to transfer money to Gambia from Mali?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Gambia from Mali. 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 XOF to Gambian Dalasi 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 Mali to Gambia corridor to give you more good choices for your next GMD money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way for transferring money to Gambia from Mali?
One of the most important things to watch out for is hidden fees when sending money to Gambia from Mali. 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 Gambia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Gambian Dalasi foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best XOF to Gambia 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 Gambia from Mali.
How to send money from Mali to Gambia through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Mali to Gambia. 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 GMD 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 Gambia 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.
How to send money from Mali to Gambia fast?
If you need to convert XOF to GMD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Mali to Gambia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.
Apart from the above, there are many other factors that can have an impact on your CFA Franc BCEAO to Gambian Dalasi funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Gambia.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Mali to Gambia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.
Which are the best money transfer companies to send money from Mali to Gambia?
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 Gambia, 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 Gambian Dalasi 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 GMD money transfers to Gambia. 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 Gambia getting more money for every CFA Franc BCEAO you send.
Step by step guide to do a money transfer from Mali to Gambia
Follow the below easy steps to send money to Gambia 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 Gambia).
- 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.