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

Papua New Guinea
Guinea-Bissau
PGK

Interbank Exchange Rate: 1 PGK = 129.7961 XOF
Updated about 1 hours 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 Guinea-Bissau. 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 Guinea-Bissau 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 Guinea-Bissau?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Papua New Guinea to Guinea-Bissau. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Papua New Guinean Kina to XOF.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send PGK to XOF in Guinea-Bissau. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Guinea-Bissau from Papua New Guinea. We provide you with maximum choices to send money to Guinea-Bissau by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Papua New Guinea to Guinea-Bissau?

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 PGK 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 Papua New Guinea to Guinea-Bissau. 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 PGK 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 to transfer money from Papua New Guinea to Guinea-Bissau?

Finding the cheapest way to send money from Papua New Guinea to Guinea-Bissau 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 Guinea-Bissau 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 to Guinea-Bissau from Papua New Guinea through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Papua New Guinea to Guinea-Bissau money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like PGK to XOF transfers.

Given this, there are umpteen additional options to send money to Guinea-Bissau instead of just your Papua New Guinea bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Papua New Guinean Kina even more so that your recipient in Guinea-Bissau gets the maximum amount.


How to send money from Papua New Guinea to Guinea-Bissau fast?

If you need to convert PGK 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 Papua New Guinea to Guinea-Bissau 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 Papua New Guinean Kina 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 Guinea-Bissau.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Papua New Guinea to Guinea-Bissau. 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 to Guinea-Bissau from Papua New Guinea?

Since the Papua New Guinean Kina to CFA Franc BCEAO 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 Papua New Guinea that may also be able to send money to Guinea-Bissau. 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 PGK to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Guinea-Bissau gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Papua New Guinea to Guinea-Bissau transaction.


Step by step guide to transfer money to Guinea-Bissau from Papua New Guinea

There are many important aspects of Papua New Guinea to Guinea-Bissau 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 Guinea-Bissau to validate that they get the money once the transaction clears.