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

Compare today's XOF to MZN (CFA Franc BCEAO to Mozambique Metical) exchange rates

Niger
Mozambique
XOF

Interbank Exchange Rate: 1 XOF = 0.1146 MZN
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about CFA Franc BCEAO to Mozambique Metical money transfers

Easily compare money transfer providers in one place to send money from Niger to Mozambique. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Mozambique Metical (MZN) 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 Niger.

Were you looking to send money from Mozambique 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 MZN Conversion Rates

Here are some latest XOF to MZN (CFA Franc BCEAO to Mozambique Metical) exchange rates for popular conversion amounts*.

1 XOF0.11 MZN
5 XOF0.57 MZN
10 XOF1.15 MZN
25 XOF2.86 MZN
50 XOF5.73 MZN
100 XOF11.46 MZN
150 XOF17.19 MZN
200 XOF22.92 MZN
250 XOF28.65 MZN
300 XOF34.38 MZN
400 XOF45.84 MZN
500 XOF57.30 MZN
600 XOF68.76 MZN
700 XOF80.22 MZN
800 XOF91.68 MZN
1,000 XOF114.60 MZN
1,500 XOF171.90 MZN
2,000 XOF229.20 MZN
2,500 XOF286.50 MZN
3,000 XOF343.80 MZN
4,000 XOF458.40 MZN
5,000 XOF573.00 MZN
10,000 XOF1,146.00 MZN
15,000 XOF1,719.00 MZN
20,000 XOF2,292.00 MZN
30,000 XOF3,438.00 MZN
40,000 XOF4,584.00 MZN
50,000 XOF5,730.00 MZN
100,000 XOF11,460.00 MZN

*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 Mozambique from Niger?

It can be very confusing when sending money from Niger to Mozambique given so many choices. Additionally, CFA Franc BCEAO to MZN exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Niger to Mozambique as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Mozambique from Niger. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for CFA Franc BCEAO to Mozambique Metical remittances.


How to get the best exchange rate for sending money from Niger to 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 Mozambique from Niger.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Mozambique Metical 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 XOF to MZN 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 to Mozambique from Niger?

The final amount your recipient gets when you send XOF to MZN is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Niger to Mozambique used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Mozambique Metical is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best CFA Franc BCEAO to Mozambique exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


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

We do not recommend using your local bank in Niger for your next XOF to MZN 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 Niger to Mozambique (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 MZN to Mozambique. These companies will let you use your local bank account in Niger to pay for your Mozambique 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 Mozambique from Niger?

The speed of your CFA Franc BCEAO to Mozambique Metical funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert XOF to MZN. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Mozambique from Niger is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Mozambique if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout MZN into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Niger bank to Mozambique bank transfer.


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

Since the CFA Franc BCEAO to Mozambique Metical money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Niger that may also be able to send money to Mozambique. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your XOF to MZN money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Mozambique gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Niger to Mozambique transaction.


Step by step guide to send money from Niger to Mozambique

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 Niger to Mozambique, 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 Niger to Mozambique 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 Mozambique where they can receive monies in Mozambique Metical.
  • Then, provide details of your Niger 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 XOF travel to another part of the globe.