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Compare today's USD to XOF (US Dollar to CFA Franc BCEAO) exchange rates

Micronesia
Senegal
USD

Interbank Exchange Rate: 1 USD = 554.3502 XOF
Updated about 1 hours ago

Found 4 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 USD =
554 069.30 XOF
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 554.0693 XOF

📢 B2B transfers only
currencyflow
Read more about Currencyflow
( )★★ ( )★★ ( )★★ ( )★★ ( )★★
1000 USD =
553 878.00 XOF
Transfer Limit (USD): No Limits
Locked-In Rate1 USD = 553.8780 XOF
XEMONEYTX
Read more about XE Money Transfer
(*)★★ (*)★★ (*)★★ ( )★★ ( )★★
1000 USD =
553 764.00 XOF
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 553.7640 XOF
Refer a friend to earn USD 25

📢 New! Cash pickup available
OFX
Read more about OFX
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 USD =
538 242.30 XOF
Transfer Limit (USD): No Limits
Locked-In Rate1 USD = 538.2423 XOF
Get 10 free transfers
1 Remit Service Providers did not match the search criteria.
key-currency
Read more about Key Currency
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 USD =
554 599.70 XOF
Transfer Limit (USD): 6847 - No Limit
Indicative Rate1 USD = 554.5997 XOF

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about US Dollar to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Micronesia to Senegal. Send money overseas to your loved ones by comparing US Dollar (USD) 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.

When making a money transfer to Senegal from Micronesia, we currently have 4 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Senegal and their 1 USD to XOF exchange rate today is 554.0693.

The next best US Dollar to CFA Franc BCEAO exchange rate today for money transfers to Senegal is offered by Currencyflow (1 USD = 553.8780 XOF).

XE Money Transfer and OFX are amongst other competitive providers to consider for Micronesia to Senegal money transfers.

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 Micronesia.

Were you looking to send money from Senegal to Micronesia 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 USD to XOF Conversion Rates

Here are some latest USD to XOF (US Dollar to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 USD554.35 XOF
5 USD2,771.75 XOF
10 USD5,543.50 XOF
25 USD13,858.76 XOF
50 USD27,717.51 XOF
100 USD55,435.02 XOF
150 USD83,152.53 XOF
200 USD110,870.04 XOF
250 USD138,587.55 XOF
300 USD166,305.06 XOF
400 USD221,740.08 XOF
500 USD277,175.10 XOF
600 USD332,610.12 XOF
700 USD388,045.14 XOF
800 USD443,480.16 XOF
1,000 USD554,350.20 XOF
1,500 USD831,525.30 XOF
2,000 USD1,108,700.40 XOF
2,500 USD1,385,875.50 XOF
3,000 USD1,663,050.60 XOF
4,000 USD2,217,400.80 XOF
5,000 USD2,771,751.00 XOF
10,000 USD5,543,502.00 XOF
15,000 USD8,315,253.00 XOF
20,000 USD11,087,004.00 XOF
30,000 USD16,630,506.00 XOF
40,000 USD22,174,008.00 XOF
50,000 USD27,717,510.00 XOF
100,000 USD55,435,020.00 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 to Senegal from Micronesia?

Sending money internationally to Senegal from Micronesia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your United States Dollar to XOF remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Senegal. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in CFA Franc BCEAO.


How to get the best exchange rate for your money transfers from Micronesia to Senegal?

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 Senegal.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Micronesia to Senegal 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 USD to CFA Franc BCEAO 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 for transferring money to Senegal from Micronesia?

One of the most important things to watch out for is hidden fees when sending money to Senegal from Micronesia. 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 Senegal using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your CFA Franc BCEAO foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best USD to Senegal 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 Senegal from Micronesia.


Should I use my bank to transfer money from Micronesia to Senegal?

We do not recommend using your local bank in Micronesia for your next USD to XOF overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Micronesia to Senegal (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending XOF to Senegal. These companies will let you use your local bank account in Micronesia to pay for your Senegal money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Senegal from Micronesia?

It could be a stressful experience if you need to rush money quickly from Micronesia to Senegal. 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 USD to XOF. 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 CFA Franc BCEAO. 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 Micronesia to Senegal money transfers.


Which are the best money transfer companies to transfer money from Micronesia to Senegal?

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 Micronesia to Senegal, 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 United States Dollar to CFA Franc BCEAO 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 XOF money transfers to Senegal. 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 Senegal getting more money for every United States Dollar you send.


Step by step guide to send money from Micronesia to Senegal

With so many possible ways to transfer United States Dollar to CFA Franc BCEAO, 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 Micronesia to Senegal 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 Micronesia and the receiver in Senegal. 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 USD to CFA Franc BCEAO money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.