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Compare today's SHP to XOF (Saint Helena Pound to CFA Franc BCEAO) exchange rates

Saint Helena
Senegal
SHP

Interbank Exchange Rate: 1 SHP = 758.2343 XOF
Updated about an hour ago

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All you need to know about Saint Helena Pound to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Saint Helena to Senegal. Send money overseas to your loved ones by comparing Saint Helena Pound (SHP) 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 Saint Helena.

Were you looking to send money from Senegal to Saint Helena 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 SHP to XOF Conversion Rates

Here are some latest SHP to XOF (Saint Helena Pound to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 SHP758.23 XOF
5 SHP3,791.17 XOF
10 SHP7,582.34 XOF
25 SHP18,955.86 XOF
50 SHP37,911.72 XOF
100 SHP75,823.43 XOF
150 SHP113,735.14 XOF
200 SHP151,646.86 XOF
250 SHP189,558.57 XOF
300 SHP227,470.29 XOF
400 SHP303,293.72 XOF
500 SHP379,117.15 XOF
600 SHP454,940.58 XOF
700 SHP530,764.01 XOF
800 SHP606,587.44 XOF
1,000 SHP758,234.30 XOF
1,500 SHP1,137,351.45 XOF
2,000 SHP1,516,468.60 XOF
2,500 SHP1,895,585.75 XOF
3,000 SHP2,274,702.90 XOF
4,000 SHP3,032,937.20 XOF
5,000 SHP3,791,171.50 XOF
10,000 SHP7,582,343.00 XOF
15,000 SHP11,373,514.50 XOF
20,000 SHP15,164,686.00 XOF
30,000 SHP22,747,029.00 XOF
40,000 SHP30,329,372.00 XOF
50,000 SHP37,911,715.00 XOF
100,000 SHP75,823,430.00 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 Senegal from Saint Helena?

Sending money internationally to Senegal from Saint Helena can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Saint Helena Pound to XOF remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Senegal. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in CFA Franc BCEAO.


How to get the best rate to transfer money to Senegal from Saint Helena?

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 SHP 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 Saint Helena to Senegal. 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 SHP 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 send money from Saint Helena to Senegal?

Finding the cheapest way to send money from Saint Helena to Senegal 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 SHP 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 Saint Helena to Senegal 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.


Should I use my bank to transfer money from Saint Helena to Senegal?

Bank transfers have been a traditionally popular way to send money overseas from Saint Helena to Senegal. 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 SHP 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 Saint Helena bank for your Senegal 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 Senegal from Saint Helena?

The speed of your Saint Helena Pound 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 SHP 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 Senegal from Saint Helena 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 Senegal 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 Saint Helena bank to Senegal bank transfer.


Which are the best money transfer companies to transfer money to Senegal from Saint Helena?

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


Step by step guide to send money from Saint Helena to Senegal

Follow the below easy steps to send money to Senegal from Saint Helena.

  • 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 Saint Helena bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Senegal).
  • 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 SHP to XOF 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.