Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's EUR to GNF (Euro to Guinean Franc) exchange rates

Reunion
Guinea
EUR

Interbank Exchange Rate: 1 EUR = 10,350.8255 GNF
Updated about 1 hours ago

Found 2 Remittance Service Providers

(*)(*)(*)( )( )
1000 EUR =
10 225 523.00 GNF
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 10,225.5230 GNF

📢 New! Cash pickup available
(*)(*)(*)(*)(*)
1000 EUR =
10 155 542.00 GNF
Transfer Limit (EUR): 1 - 1000000
Locked-In Rate1 EUR = 10,155.5420 GNF

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Euro to Guinean Franc money transfers

Easily compare money transfer providers in one place to send money from Reunion to Guinea. Send money overseas to your loved ones by comparing Euro (EUR) to Guinean Franc (GNF) 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.

When making a money transfer to Guinea from Reunion, we currently have 2 remittance service providers available.

XE Money Transfer currently offers the most competitive rate for sending money to Guinea and their 1 EUR to GNF exchange rate today is 10,225.5230.

The next best Euro to Guinean Franc exchange rate today for money transfers to Guinea is offered by Wise (1 EUR = 10,155.5420 GNF).

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 Reunion.

Were you looking to send money from Guinea to Reunion 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 EUR to GNF Conversion Rates

Here are some latest EUR to GNF (Euro to Guinean Franc) exchange rates for popular conversion amounts*.

1 EUR10,350.83 GNF
5 EUR51,754.13 GNF
10 EUR103,508.26 GNF
25 EUR258,770.64 GNF
50 EUR517,541.28 GNF
100 EUR1,035,082.55 GNF
150 EUR1,552,623.83 GNF
200 EUR2,070,165.10 GNF
250 EUR2,587,706.38 GNF
300 EUR3,105,247.65 GNF
400 EUR4,140,330.20 GNF
500 EUR5,175,412.75 GNF
600 EUR6,210,495.30 GNF
700 EUR7,245,577.85 GNF
800 EUR8,280,660.40 GNF
1,000 EUR10,350,825.50 GNF
1,500 EUR15,526,238.25 GNF
2,000 EUR20,701,651.00 GNF
2,500 EUR25,877,063.75 GNF
3,000 EUR31,052,476.50 GNF
4,000 EUR41,403,302.00 GNF
5,000 EUR51,754,127.50 GNF
10,000 EUR103,508,255.00 GNF
15,000 EUR155,262,382.50 GNF
20,000 EUR207,016,510.00 GNF
30,000 EUR310,524,765.00 GNF
40,000 EUR414,033,020.00 GNF
50,000 EUR517,541,275.00 GNF
100,000 EUR1,035,082,550.00 GNF

*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 Reunion to Guinea?

With the global remittance market booming, there are so many choices for Euro to GNF 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 Guinea from Reunion. 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 GNF 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 Reunion to Guinea?

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 EUR to Guinean Franc 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 Reunion to Guinea. 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 EUR to GNF remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Guinea from Reunion?

The final amount your recipient gets when you send EUR to GNF 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 Reunion to 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 Guinean Franc 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 Euro to 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.


Should I use my bank to send money from Reunion to Guinea?

We do not recommend using your local bank in Reunion for your next EUR to GNF 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 Reunion to 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 GNF to Guinea. These companies will let you use your local bank account in Reunion to pay for your 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 transfer money from Reunion to Guinea?

If you need to convert EUR to GNF 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 Reunion to Guinea 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 Euro to Guinean Franc 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.

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

Since the Euro to Guinean Franc 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 Reunion that may also be able to send money to 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 EUR to GNF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in 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 Reunion to Guinea transaction.


Step by step guide to send money to Guinea from Reunion

Follow the below easy steps to send money to Guinea from Reunion.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Reunion bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Guinea).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your EUR to GNF remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.