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Compare today's PEN to XOF (Peruvian Nuevo Sol to CFA Franc BCEAO) exchange rates

Peru
Guinea-Bissau
PEN

Interbank Exchange Rate: 1 PEN = 165.6111 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 Guinea-Bissau. 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.

Were you looking to send money from Guinea-Bissau to Peru 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 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 PEN165.61 XOF
5 PEN828.06 XOF
10 PEN1,656.11 XOF
25 PEN4,140.28 XOF
50 PEN8,280.56 XOF
100 PEN16,561.11 XOF
150 PEN24,841.66 XOF
200 PEN33,122.22 XOF
250 PEN41,402.78 XOF
300 PEN49,683.33 XOF
400 PEN66,244.44 XOF
500 PEN82,805.55 XOF
600 PEN99,366.66 XOF
700 PEN115,927.77 XOF
800 PEN132,488.88 XOF
1,000 PEN165,611.10 XOF
1,500 PEN248,416.65 XOF
2,000 PEN331,222.20 XOF
2,500 PEN414,027.75 XOF
3,000 PEN496,833.30 XOF
4,000 PEN662,444.40 XOF
5,000 PEN828,055.50 XOF
10,000 PEN1,656,111.00 XOF
15,000 PEN2,484,166.50 XOF
20,000 PEN3,312,222.00 XOF
30,000 PEN4,968,333.00 XOF
40,000 PEN6,624,444.00 XOF
50,000 PEN8,280,555.00 XOF
100,000 PEN16,561,110.00 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 Peru to Guinea-Bissau?

There are many good choices when it comes to sending money from Peru to Guinea-Bissau. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Peruvian Nuevo Sol to XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Guinea-Bissau from Peru. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Peruvian Nuevo Sol to CFA Franc BCEAO money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Peru to Guinea-Bissau?

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 Guinea-Bissau from Peru.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your PEN to CFA Franc BCEAO 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 PEN to XOF 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 for transferring money to Guinea-Bissau from Peru?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Peru to Guinea-Bissau via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Peruvian Nuevo Sol to CFA Franc BCEAO remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Peru to Guinea-Bissau exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for PEN to XOF remittances.


How to send money from Peru to Guinea-Bissau through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Peru to Guinea-Bissau. 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 Guinea-Bissau 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 transfer money from Peru to Guinea-Bissau?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Peru to Guinea-Bissau. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert PEN to XOF fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Peruvian Nuevo Sol amount reaching Guinea-Bissau. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush CFA Franc BCEAO quickly to Guinea-Bissau, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money from Peru to Guinea-Bissau?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Peru to Guinea-Bissau, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Peruvian Nuevo Sol to CFA Franc BCEAO exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your XOF money transfers to Guinea-Bissau. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Guinea-Bissau getting more money for every Peruvian Nuevo Sol you send.


Step by step guide to send money from Peru to Guinea-Bissau

With so many possible ways to transfer Peruvian Nuevo Sol to CFA Franc BCEAO, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Peru to Guinea-Bissau remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Peru and the receiver in Guinea-Bissau. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your PEN to CFA Franc BCEAO money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.