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

Compare today's XOF to ETB (CFA Franc BCEAO to Ethiopian Birr) exchange rates

Niger
Ethiopia
XOF

Interbank Exchange Rate: 1 XOF = 0.2788 ETB
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
273.10 ETB
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.2731 ETB

📢 B2B transfers only

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 CFA Franc BCEAO to Ethiopian Birr money transfers

Easily compare money transfer providers in one place to send money from Niger to Ethiopia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Ethiopian Birr (ETB) 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 Ethiopia from Niger, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Ethiopia and their 1 XOF to ETB exchange rate today is 0.2731.

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 Niger.

Were you looking to send money from Ethiopia to Niger 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 XOF to ETB Conversion Rates

Here are some latest XOF to ETB (CFA Franc BCEAO to Ethiopian Birr) exchange rates for popular conversion amounts*.

1 XOF0.28 ETB
5 XOF1.39 ETB
10 XOF2.79 ETB
25 XOF6.97 ETB
50 XOF13.94 ETB
100 XOF27.88 ETB
150 XOF41.82 ETB
200 XOF55.76 ETB
250 XOF69.70 ETB
300 XOF83.64 ETB
400 XOF111.52 ETB
500 XOF139.40 ETB
600 XOF167.28 ETB
700 XOF195.16 ETB
800 XOF223.04 ETB
1,000 XOF278.80 ETB
1,500 XOF418.20 ETB
2,000 XOF557.60 ETB
2,500 XOF697.00 ETB
3,000 XOF836.40 ETB
4,000 XOF1,115.20 ETB
5,000 XOF1,394.00 ETB
10,000 XOF2,788.00 ETB
15,000 XOF4,182.00 ETB
20,000 XOF5,576.00 ETB
30,000 XOF8,364.00 ETB
40,000 XOF11,152.00 ETB
50,000 XOF13,940.00 ETB
100,000 XOF27,880.00 ETB

*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 Niger to Ethiopia?

There are many good choices when it comes to sending money from Niger to Ethiopia. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your CFA Franc BCEAO to ETB money transfers.

We compare different remittance companies to bring you the best options to send money to Ethiopia from Niger. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your CFA Franc BCEAO to Ethiopian Birr money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for sending money from Niger to Ethiopia?

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 Ethiopia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Niger to Ethiopia 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 XOF to Ethiopian Birr 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 to send money from Niger to Ethiopia?

Finding the cheapest way to send money from Niger to Ethiopia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer XOF to ETB via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Niger to Ethiopia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to send money from Niger to Ethiopia?

Bank transfers have been a traditionally popular way to send money overseas from Niger to Ethiopia. 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 XOF to ETB 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 Niger bank for your Ethiopia 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 Ethiopia from Niger?

It could be a stressful experience if you need to rush money quickly from Niger to Ethiopia. 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 XOF to ETB. 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 Ethiopian Birr. 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 Niger to Ethiopia money transfers.


Which are the best money transfer companies to transfer money to Ethiopia from Niger?

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 Niger to Ethiopia, 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 CFA Franc BCEAO to Ethiopian Birr 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 ETB money transfers to Ethiopia. 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 Ethiopia getting more money for every CFA Franc BCEAO you send.


Step by step guide to send money from Niger to Ethiopia

With so many possible ways to transfer CFA Franc BCEAO to Ethiopian Birr, 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 Niger to Ethiopia 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 Niger and the receiver in Ethiopia. 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 XOF to Ethiopian Birr money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.