Compare today's NIO to XOF (Nicaraguan Cordoba to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 NIO = 15.1140 XOF
Updated about an hour ago
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All you need to know about Nicaraguan Cordoba to CFA Franc BCEAO money transfers
Easily compare money transfer providers in one place to send money from Nicaragua to Benin. Send money overseas to your loved ones by comparing Nicaraguan Cordoba (NIO) 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 Nicaragua.
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Latest NIO to XOF Conversion Rates
Here are some latest NIO to XOF (Nicaraguan Cordoba to CFA Franc BCEAO) exchange rates for popular conversion amounts*.
| 1 NIO | 15.11 XOF |
| 5 NIO | 75.57 XOF |
| 10 NIO | 151.14 XOF |
| 25 NIO | 377.85 XOF |
| 50 NIO | 755.70 XOF |
| 100 NIO | 1,511.40 XOF |
| 150 NIO | 2,267.10 XOF |
| 200 NIO | 3,022.80 XOF |
| 250 NIO | 3,778.50 XOF |
| 300 NIO | 4,534.20 XOF |
| 400 NIO | 6,045.60 XOF |
| 500 NIO | 7,557.00 XOF |
| 600 NIO | 9,068.40 XOF |
| 700 NIO | 10,579.80 XOF |
| 800 NIO | 12,091.20 XOF |
| 1,000 NIO | 15,114.00 XOF |
| 1,500 NIO | 22,671.00 XOF |
| 2,000 NIO | 30,228.00 XOF |
| 2,500 NIO | 37,785.00 XOF |
| 3,000 NIO | 45,342.00 XOF |
| 4,000 NIO | 60,456.00 XOF |
| 5,000 NIO | 75,570.00 XOF |
| 10,000 NIO | 151,140.00 XOF |
| 15,000 NIO | 226,710.00 XOF |
| 20,000 NIO | 302,280.00 XOF |
| 30,000 NIO | 453,420.00 XOF |
| 40,000 NIO | 604,560.00 XOF |
| 50,000 NIO | 755,700.00 XOF |
| 100,000 NIO | 1,511,400.00 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 Benin from Nicaragua?
Sending money internationally to Benin from Nicaragua 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 Nicaraguan Cordoba 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 Benin. 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 sending money from Nicaragua to Benin?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your NIO to CFA Franc BCEAO money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Nicaragua to Benin. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for NIO to XOF remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way for transferring money to Benin from Nicaragua?
One of the most important things to watch out for is hidden fees when sending money to Benin from Nicaragua. 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 Benin 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 NIO to Benin 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 Benin from Nicaragua.
Should I use my bank to transfer money from Nicaragua to Benin?
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 NIO 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 Nicaragua to Benin 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 Benin from Nicaragua. They do this by letting you fund your transaction through your local bank account in Nicaragua, and by allowing you to choose the payout to be your recipient's bank account in Benin. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money to Benin from Nicaragua fast?
If you need to convert NIO 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 Nicaragua to Benin 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 Nicaraguan Cordoba 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 Benin.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Nicaragua to Benin. 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 Nicaragua to Benin?
The first step in selecting the best money transfer operators for Nicaragua to Benin 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 Nicaraguan Cordoba 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 Benin.
Step by step guide to transfer money to Benin from Nicaragua
The first step to send money to Benin from Nicaragua is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.Once you have a provider chosen, follow these steps to execute your NIO to XOF overseas funds transfer.
- Click through to the provider's site and register an account.
- Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
- Add recipient information including their bank account in Benin if paying via ACH direct deposit or bank transfer.
- Enter your sending amount, and initiate a transaction.
- Pay for your transaction via your Nicaragua bank account or alternative methods like a debit card.
- Sit back and relax, and see your money travel to Benin!