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Compare today's PGK to XOF (Papua New Guinean Kina to CFA Franc BCEAO) exchange rates

Papua New Guinea
Equatorial Guinea
PGK

Interbank Exchange Rate: 1 PGK = 129.7961 XOF
Updated about an hour ago

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All you need to know about Papua New Guinean Kina to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Papua New Guinea to Equatorial Guinea. Send money overseas to your loved ones by comparing Papua New Guinean Kina (PGK) 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 Papua New Guinea.

Were you looking to send money from Equatorial Guinea to Papua New Guinea 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 PGK to XOF Conversion Rates

Here are some latest PGK to XOF (Papua New Guinean Kina to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 PGK129.80 XOF
5 PGK648.98 XOF
10 PGK1,297.96 XOF
25 PGK3,244.90 XOF
50 PGK6,489.80 XOF
100 PGK12,979.61 XOF
150 PGK19,469.42 XOF
200 PGK25,959.22 XOF
250 PGK32,449.02 XOF
300 PGK38,938.83 XOF
400 PGK51,918.44 XOF
500 PGK64,898.05 XOF
600 PGK77,877.66 XOF
700 PGK90,857.27 XOF
800 PGK103,836.88 XOF
1,000 PGK129,796.10 XOF
1,500 PGK194,694.15 XOF
2,000 PGK259,592.20 XOF
2,500 PGK324,490.25 XOF
3,000 PGK389,388.30 XOF
4,000 PGK519,184.40 XOF
5,000 PGK648,980.50 XOF
10,000 PGK1,297,961.00 XOF
15,000 PGK1,946,941.50 XOF
20,000 PGK2,595,922.00 XOF
30,000 PGK3,893,883.00 XOF
40,000 PGK5,191,844.00 XOF
50,000 PGK6,489,805.00 XOF
100,000 PGK12,979,610.00 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 from Papua New Guinea to Equatorial Guinea?

With the global remittance market booming, there are so many choices for Papua New Guinean Kina 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 Equatorial Guinea from Papua New Guinea. 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 exchange rate for your money transfers from Papua New Guinea to Equatorial Guinea?

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 Equatorial Guinea.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Papua New Guinea to Equatorial Guinea 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 PGK to CFA Franc BCEAO 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 to Equatorial Guinea from Papua New Guinea?

Finding the cheapest way to send money from Papua New Guinea to Equatorial Guinea 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 PGK to XOF 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 Papua New Guinea to Equatorial Guinea 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.


How to send money from Papua New Guinea to Equatorial Guinea through a bank?

We do not recommend using your local bank in Papua New Guinea for your next PGK 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 Papua New Guinea to Equatorial Guinea (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 Equatorial Guinea. These companies will let you use your local bank account in Papua New Guinea to pay for your Equatorial Guinea 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 Equatorial Guinea from Papua New Guinea?

It could be a stressful experience if you need to rush money quickly from Papua New Guinea to Equatorial Guinea. 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 PGK to XOF. 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 CFA Franc BCEAO. 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 Papua New Guinea to Equatorial Guinea money transfers.


Which are the best money transfer companies to send money to Equatorial Guinea from Papua New Guinea?

Papua New Guinea to Equatorial Guinea money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Equatorial Guinea as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Papua New Guinean Kina to CFA Franc BCEAO money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to transfer money to Equatorial Guinea from Papua New Guinea

There are many important aspects of Papua New Guinea to Equatorial Guinea 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 - Papua New Guinea 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 Papua New Guinean Kina amount you want to send from Papua New Guinea.
  • 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.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Equatorial Guinea to validate that they get the money once the transaction clears.