Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's MAD to XOF (Moroccan Dirham to CFA Franc BCEAO) exchange rates

Morocco
Cameroon
MAD

Interbank Exchange Rate: 1 MAD = 60.6787 XOF
Updated about 1 hours ago

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All you need to know about Moroccan Dirham to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Morocco to Cameroon. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) 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.

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 Morocco.

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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 MAD to XOF Conversion Rates

Here are some latest MAD to XOF (Moroccan Dirham to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 MAD60.68 XOF
5 MAD303.39 XOF
10 MAD606.79 XOF
25 MAD1,516.97 XOF
50 MAD3,033.94 XOF
100 MAD6,067.87 XOF
150 MAD9,101.81 XOF
200 MAD12,135.74 XOF
250 MAD15,169.68 XOF
300 MAD18,203.61 XOF
400 MAD24,271.48 XOF
500 MAD30,339.35 XOF
600 MAD36,407.22 XOF
700 MAD42,475.09 XOF
800 MAD48,542.96 XOF
1,000 MAD60,678.70 XOF
1,500 MAD91,018.05 XOF
2,000 MAD121,357.40 XOF
2,500 MAD151,696.75 XOF
3,000 MAD182,036.10 XOF
4,000 MAD242,714.80 XOF
5,000 MAD303,393.50 XOF
10,000 MAD606,787.00 XOF
15,000 MAD910,180.50 XOF
20,000 MAD1,213,574.00 XOF
30,000 MAD1,820,361.00 XOF
40,000 MAD2,427,148.00 XOF
50,000 MAD3,033,935.00 XOF
100,000 MAD6,067,870.00 XOF

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Morocco to Cameroon money transfers?

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 Morocco to Cameroon. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Moroccan Dirham 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 MAD to XOF in Cameroon. 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 Cameroon from Morocco. We provide you with maximum choices to send money to Cameroon by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Morocco to Cameroon?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Cameroon from Morocco. 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 MAD 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 Morocco to Cameroon 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 to send money from Morocco to Cameroon?

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 Morocco to Cameroon 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 Moroccan Dirham 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 Morocco to Cameroon 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 MAD to XOF remittances.


How to send money from Morocco to Cameroon through a bank?

We do not recommend using your local bank in Morocco for your next MAD 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 Morocco to Cameroon (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 Cameroon. These companies will let you use your local bank account in Morocco to pay for your Cameroon money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Morocco to Cameroon fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Morocco to Cameroon. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert MAD to XOF fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Moroccan Dirham amount reaching Cameroon. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush CFA Franc BCEAO quickly to Cameroon, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money to Cameroon from Morocco?

The first step in selecting the best money transfer operators for Morocco to Cameroon remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Moroccan Dirham to CFA Franc BCEAO money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Cameroon.


Step by step guide to send money from Morocco to Cameroon

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Morocco to Cameroon, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Morocco to Cameroon that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Cameroon where they can receive monies in CFA Franc BCEAO.
  • Then, provide details of your Morocco bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your MAD travel to another part of the globe.