Compare today's MRO to XOF (Mauritanian Ouguiya to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 MRO = 1.6271 XOF
Updated over 24 hours ago
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All you need to know about Mauritanian Ouguiya to CFA Franc BCEAO money transfers
Easily compare money transfer providers in one place to send money from Mauritania to Niger. Send money overseas to your loved ones by comparing Mauritanian Ouguiya (MRO) 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.
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Latest MRO to XOF Conversion Rates
Here are some latest MRO to XOF (Mauritanian Ouguiya to CFA Franc BCEAO) exchange rates for popular conversion amounts*.
| 1 MRO | 1.63 XOF |
| 5 MRO | 8.14 XOF |
| 10 MRO | 16.27 XOF |
| 25 MRO | 40.68 XOF |
| 50 MRO | 81.36 XOF |
| 100 MRO | 162.71 XOF |
| 150 MRO | 244.07 XOF |
| 200 MRO | 325.42 XOF |
| 250 MRO | 406.78 XOF |
| 300 MRO | 488.13 XOF |
| 400 MRO | 650.84 XOF |
| 500 MRO | 813.55 XOF |
| 600 MRO | 976.26 XOF |
| 700 MRO | 1,138.97 XOF |
| 800 MRO | 1,301.68 XOF |
| 1,000 MRO | 1,627.10 XOF |
| 1,500 MRO | 2,440.65 XOF |
| 2,000 MRO | 3,254.20 XOF |
| 2,500 MRO | 4,067.75 XOF |
| 3,000 MRO | 4,881.30 XOF |
| 4,000 MRO | 6,508.40 XOF |
| 5,000 MRO | 8,135.50 XOF |
| 10,000 MRO | 16,271.00 XOF |
| 15,000 MRO | 24,406.50 XOF |
| 20,000 MRO | 32,542.00 XOF |
| 30,000 MRO | 48,813.00 XOF |
| 40,000 MRO | 65,084.00 XOF |
| 50,000 MRO | 81,355.00 XOF |
| 100,000 MRO | 162,710.00 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 from Mauritania to Niger?
Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Mauritania to Niger. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Mauritanian Ouguiya to XOF.You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MRO to XOF in Niger. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.
With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Niger from Mauritania. We provide you with maximum choices to send money to Niger by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best exchange rate for sending money from Mauritania to Niger?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Niger from Mauritania. 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 MRO to CFA Franc BCEAO 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 Mauritania to Niger corridor to give you more good choices for your next XOF 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 Niger from Mauritania?
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 Mauritania to Niger 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 Mauritanian Ouguiya to CFA Franc BCEAO 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 Mauritania to Niger 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 MRO to XOF remittances.
Should I use my bank to send money from Mauritania to Niger?
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 MRO 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 Mauritania to Niger 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 Niger from Mauritania. They do this by letting you fund your transaction through your local bank account in Mauritania, and by allowing you to choose the payout to be your recipient's bank account in Niger. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to transfer money from Mauritania to Niger?
The speed of your Mauritanian Ouguiya to CFA Franc BCEAO 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 MRO to XOF. 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 Niger from Mauritania 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 Niger 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 XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Mauritania bank to Niger bank transfer.
Which are the best money transfer companies to send money to Niger from Mauritania?
Since the Mauritanian Ouguiya to CFA Franc BCEAO money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Mauritania that may also be able to send money to Niger. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your MRO to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Niger gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Mauritania to Niger transaction.
Step by step guide to send money from Mauritania to Niger
There are many important aspects of Mauritania to Niger remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.
- Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
- Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Mauritania bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
- Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include XOF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
- Step 4 - Provision recipient details including name and address.
- Step 5 - Decide how much Mauritanian Ouguiya amount you want to send from Mauritania.
- Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
- Step 7 - Validate all the information for accuracy and start your transaction.