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Compare today's PYG to XOF (Paraguayan Guarani to CFA Franc BCEAO) exchange rates

Paraguay
Equatorial Guinea
PYG

Interbank Exchange Rate: 1 PYG = 0.0842 XOF
Updated about an hour ago

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All you need to know about Paraguayan Guarani to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Paraguay to Equatorial Guinea. Send money overseas to your loved ones by comparing Paraguayan Guarani (PYG) 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 Paraguay.

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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 PYG to XOF Conversion Rates

Here are some latest PYG to XOF (Paraguayan Guarani to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 PYG0.08 XOF
5 PYG0.42 XOF
10 PYG0.84 XOF
25 PYG2.11 XOF
50 PYG4.21 XOF
100 PYG8.42 XOF
150 PYG12.63 XOF
200 PYG16.84 XOF
250 PYG21.05 XOF
300 PYG25.26 XOF
400 PYG33.68 XOF
500 PYG42.10 XOF
600 PYG50.52 XOF
700 PYG58.94 XOF
800 PYG67.36 XOF
1,000 PYG84.20 XOF
1,500 PYG126.30 XOF
2,000 PYG168.40 XOF
2,500 PYG210.50 XOF
3,000 PYG252.60 XOF
4,000 PYG336.80 XOF
5,000 PYG421.00 XOF
10,000 PYG842.00 XOF
15,000 PYG1,263.00 XOF
20,000 PYG1,684.00 XOF
30,000 PYG2,526.00 XOF
40,000 PYG3,368.00 XOF
50,000 PYG4,210.00 XOF
100,000 PYG8,420.00 XOF

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Paraguay to Equatorial Guinea?

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 Paraguay to Equatorial Guinea. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Paraguayan Guarani 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 PYG to XOF in Equatorial Guinea. 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 Equatorial Guinea from Paraguay. We provide you with maximum choices to send money to Equatorial Guinea by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Paraguay to Equatorial Guinea?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Equatorial Guinea from Paraguay. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your PYG to CFA Franc BCEAO money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Paraguay to Equatorial Guinea corridor to give you more good choices for your next XOF money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to transfer money from Paraguay to Equatorial Guinea?

The final amount your recipient gets when you send PYG to XOF 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 Paraguay to Equatorial Guinea 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 CFA Franc BCEAO 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 Paraguayan Guarani to Equatorial Guinea 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.


How to send money from Paraguay to Equatorial Guinea through a bank?

We do not recommend using your local bank in Paraguay for your next PYG 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 Paraguay 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 Paraguay 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.


How to send money from Paraguay to Equatorial Guinea fast?

The speed of your Paraguayan Guarani to CFA Franc BCEAO 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 PYG to XOF. 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 Equatorial Guinea from Paraguay 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 Equatorial Guinea 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 XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Paraguay bank to Equatorial Guinea bank transfer.


Which are the best money transfer companies to transfer money from Paraguay to Equatorial Guinea?

Since the Paraguayan Guarani 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 Paraguay that may also be able to send money to Equatorial Guinea. 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 PYG to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Equatorial Guinea gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Paraguay to Equatorial Guinea transaction.


Step by step guide to do a money transfer from Paraguay to Equatorial Guinea

The first step to send money to Equatorial Guinea from Paraguay 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 PYG 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 Equatorial Guinea if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Paraguay bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Equatorial Guinea!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Paraguay to Equatorial Guinea.