Compare today's PEN to XOF (Peruvian Nuevo Sol to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 PEN = 165.3249 XOF
Updated about an hour ago
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All you need to know about Peruvian Nuevo Sol to CFA Franc BCEAO money transfers
Easily compare money transfer providers in one place to send money from Peru to Benin. Send money overseas to your loved ones by comparing Peruvian Nuevo Sol (PEN) 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 Peru.
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Latest PEN to XOF Conversion Rates
Here are some latest PEN to XOF (Peruvian Nuevo Sol to CFA Franc BCEAO) exchange rates for popular conversion amounts*.
| 1 PEN | 165.32 XOF |
| 5 PEN | 826.62 XOF |
| 10 PEN | 1,653.25 XOF |
| 25 PEN | 4,133.12 XOF |
| 50 PEN | 8,266.25 XOF |
| 100 PEN | 16,532.49 XOF |
| 150 PEN | 24,798.74 XOF |
| 200 PEN | 33,064.98 XOF |
| 250 PEN | 41,331.23 XOF |
| 300 PEN | 49,597.47 XOF |
| 400 PEN | 66,129.96 XOF |
| 500 PEN | 82,662.45 XOF |
| 600 PEN | 99,194.94 XOF |
| 700 PEN | 115,727.43 XOF |
| 800 PEN | 132,259.92 XOF |
| 1,000 PEN | 165,324.90 XOF |
| 1,500 PEN | 247,987.35 XOF |
| 2,000 PEN | 330,649.80 XOF |
| 2,500 PEN | 413,312.25 XOF |
| 3,000 PEN | 495,974.70 XOF |
| 4,000 PEN | 661,299.60 XOF |
| 5,000 PEN | 826,624.50 XOF |
| 10,000 PEN | 1,653,249.00 XOF |
| 15,000 PEN | 2,479,873.50 XOF |
| 20,000 PEN | 3,306,498.00 XOF |
| 30,000 PEN | 4,959,747.00 XOF |
| 40,000 PEN | 6,612,996.00 XOF |
| 50,000 PEN | 8,266,245.00 XOF |
| 100,000 PEN | 16,532,490.00 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 to Benin from Peru?
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 Peru to Benin. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Peruvian Nuevo Sol 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 PEN to XOF in Benin. 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 Benin from Peru. We provide you with maximum choices to send money to Benin 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 Peru to Benin?
With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Peru to Benin transfers.RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your PEN to CFA Franc BCEAO international money transfers.
To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Peruvian Nuevo Sol to CFA Franc BCEAO exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.
What's the cheapest way for transferring money to Benin from Peru?
The final amount your recipient gets when you send PEN 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 Peru to Benin 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 Peruvian Nuevo Sol to Benin 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 Peru to Benin through a bank?
Bank transfers have been a traditionally popular way to send money overseas from Peru to Benin. 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 PEN to XOF 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 Peru bank for your Benin 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 Benin from Peru?
If you need to convert PEN 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 Peru to Benin 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 Peruvian Nuevo Sol 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 Benin.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Peru to Benin. 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 transfer money from Peru to Benin?
The first step in selecting the best money transfer operators for Peru to Benin remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.
Another factor that may help you decide which provider to go with would be any coupons and deals available for Peruvian Nuevo Sol to CFA Franc BCEAO money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Benin.
Step by step guide to send money to Benin from Peru
The first step to send money to Benin from Peru 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 PEN 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 Benin if paying via ACH direct deposit or bank transfer.
- Enter your sending amount, and initiate a transaction.
- Pay for your transaction via your Peru bank account or alternative methods like a debit card.
- Sit back and relax, and see your money travel to Benin!