Compare today's MZN to XOF (Mozambique Metical to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 MZN = 8.7272 XOF
Updated about an hour ago
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All you need to know about Mozambique Metical to CFA Franc BCEAO money transfers
Easily compare money transfer providers in one place to send money from Mozambique to Burkina Faso. Send money overseas to your loved ones by comparing Mozambique Metical (MZN) 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 Mozambique.
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Latest MZN to XOF Conversion Rates
Here are some latest MZN to XOF (Mozambique Metical to CFA Franc BCEAO) exchange rates for popular conversion amounts*.
| 1 MZN | 8.73 XOF |
| 5 MZN | 43.64 XOF |
| 10 MZN | 87.27 XOF |
| 25 MZN | 218.18 XOF |
| 50 MZN | 436.36 XOF |
| 100 MZN | 872.72 XOF |
| 150 MZN | 1,309.08 XOF |
| 200 MZN | 1,745.44 XOF |
| 250 MZN | 2,181.80 XOF |
| 300 MZN | 2,618.16 XOF |
| 400 MZN | 3,490.88 XOF |
| 500 MZN | 4,363.60 XOF |
| 600 MZN | 5,236.32 XOF |
| 700 MZN | 6,109.04 XOF |
| 800 MZN | 6,981.76 XOF |
| 1,000 MZN | 8,727.20 XOF |
| 1,500 MZN | 13,090.80 XOF |
| 2,000 MZN | 17,454.40 XOF |
| 2,500 MZN | 21,818.00 XOF |
| 3,000 MZN | 26,181.60 XOF |
| 4,000 MZN | 34,908.80 XOF |
| 5,000 MZN | 43,636.00 XOF |
| 10,000 MZN | 87,272.00 XOF |
| 15,000 MZN | 130,908.00 XOF |
| 20,000 MZN | 174,544.00 XOF |
| 30,000 MZN | 261,816.00 XOF |
| 40,000 MZN | 349,088.00 XOF |
| 50,000 MZN | 436,360.00 XOF |
| 100,000 MZN | 872,720.00 XOF |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Mozambique to Burkina Faso?
With the global remittance market booming, there are so many choices for Mozambique Metical to XOF money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Burkina Faso from Mozambique. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final XOF amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best rate to transfer money to Burkina Faso from Mozambique?
Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Burkina Faso from Mozambique.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MZN to CFA Franc BCEAO remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.
You can also register for our daily rate alert to stay aware of the latest exchange rates for MZN to XOF remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.
What's the cheapest way to send money from Mozambique to Burkina Faso?
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 Mozambique to Burkina Faso 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 Mozambique Metical 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 Mozambique to Burkina Faso 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 MZN to XOF remittances.
Should I use my bank to transfer money from Mozambique to Burkina Faso?
Bank transfers have been a traditionally popular way to send money overseas from Mozambique to Burkina Faso. 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 MZN to XOF 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 Mozambique bank for your Burkina Faso 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 Burkina Faso from Mozambique?
If you need to convert MZN to XOF 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 Mozambique to Burkina Faso 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 Mozambique Metical to CFA Franc BCEAO 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 Burkina Faso.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Mozambique to Burkina Faso. 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 transfer money from Mozambique to Burkina Faso?
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 Mozambique to Burkina Faso, 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 Mozambique Metical 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 Burkina Faso. 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 Burkina Faso getting more money for every Mozambique Metical you send.
Step by step guide to send money to Burkina Faso from Mozambique
There are many important aspects of Mozambique to Burkina Faso 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 - Mozambique 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 Mozambique Metical amount you want to send from Mozambique.
- 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.