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Compare today's XOF to USD (CFA Franc BCEAO to US Dollar) exchange rates

Senegal
British Indian Ocean Territory
XOF

Interbank Exchange Rate: 1 XOF = 0.0019 USD
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
1.80 USD
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0018 USD

📢 B2B transfers only

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 CFA Franc BCEAO to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Senegal to British Indian Ocean Territory. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to US Dollar (USD) 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 British Indian Ocean Territory from Senegal, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to British Indian Ocean Territory and their 1 XOF to USD exchange rate today is 0.0018.

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 Senegal.

Were you looking to send money from British Indian Ocean Territory to Senegal 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 XOF to USD Conversion Rates

Here are some latest XOF to USD (CFA Franc BCEAO to US Dollar) exchange rates for popular conversion amounts*.

1 XOF0.00 USD
5 XOF0.01 USD
10 XOF0.02 USD
25 XOF0.05 USD
50 XOF0.10 USD
100 XOF0.19 USD
150 XOF0.29 USD
200 XOF0.38 USD
250 XOF0.48 USD
300 XOF0.57 USD
400 XOF0.76 USD
500 XOF0.95 USD
600 XOF1.14 USD
700 XOF1.33 USD
800 XOF1.52 USD
1,000 XOF1.90 USD
1,500 XOF2.85 USD
2,000 XOF3.80 USD
2,500 XOF4.75 USD
3,000 XOF5.70 USD
4,000 XOF7.60 USD
5,000 XOF9.50 USD
10,000 XOF19.00 USD
15,000 XOF28.50 USD
20,000 XOF38.00 USD
30,000 XOF57.00 USD
40,000 XOF76.00 USD
50,000 XOF95.00 USD
100,000 XOF190.00 USD

*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 Senegal to British Indian Ocean Territory?

There are many good choices when it comes to sending money from Senegal to British Indian Ocean Territory. 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 CFA Franc BCEAO to USD money transfers.

We compare different remittance companies to bring you the best options to send money to British Indian Ocean Territory from Senegal. 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 CFA Franc BCEAO to United States Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to British Indian Ocean Territory from Senegal?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to British Indian Ocean Territory from Senegal. 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 XOF to United States Dollar 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 Senegal to British Indian Ocean Territory corridor to give you more good choices for your next USD 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 Senegal to British Indian Ocean Territory?

The final amount your recipient gets when you send XOF to USD 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 Senegal to British Indian Ocean Territory 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 United States Dollar 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 CFA Franc BCEAO to British Indian Ocean Territory 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 Senegal to British Indian Ocean Territory?

We do not recommend using your local bank in Senegal for your next XOF to USD 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 Senegal to British Indian Ocean Territory (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 USD to British Indian Ocean Territory. These companies will let you use your local bank account in Senegal to pay for your British Indian Ocean Territory 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 Senegal to British Indian Ocean Territory?

It could be a stressful experience if you need to rush money quickly from Senegal to British Indian Ocean Territory. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert XOF to USD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in United States Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Senegal to British Indian Ocean Territory money transfers.


Which are the best money transfer companies to transfer money to British Indian Ocean Territory from Senegal?

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 Senegal to British Indian Ocean Territory, 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 CFA Franc BCEAO to United States Dollar 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 USD money transfers to British Indian Ocean Territory. 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 British Indian Ocean Territory getting more money for every CFA Franc BCEAO you send.


Step by step guide to send money to British Indian Ocean Territory from Senegal

The first step to send money to British Indian Ocean Territory from Senegal 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 XOF to USD 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 British Indian Ocean Territory if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Senegal bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to British Indian Ocean Territory!

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 Senegal to British Indian Ocean Territory.