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Compare today's XOF to GMD (CFA Franc BCEAO to Gambian Dalasi) exchange rates

Senegal
Gambia
XOF

Interbank Exchange Rate: 1 XOF = 0.1315 GMD
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Gambian Dalasi money transfers

Easily compare money transfer providers in one place to send money from Senegal to Gambia. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Gambian Dalasi (GMD) 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 Senegal.

Were you looking to send money from Gambia 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 GMD Conversion Rates

Here are some latest XOF to GMD (CFA Franc BCEAO to Gambian Dalasi) exchange rates for popular conversion amounts*.

1 XOF0.13 GMD
5 XOF0.66 GMD
10 XOF1.32 GMD
25 XOF3.29 GMD
50 XOF6.58 GMD
100 XOF13.15 GMD
150 XOF19.73 GMD
200 XOF26.30 GMD
250 XOF32.88 GMD
300 XOF39.45 GMD
400 XOF52.60 GMD
500 XOF65.75 GMD
600 XOF78.90 GMD
700 XOF92.05 GMD
800 XOF105.20 GMD
1,000 XOF131.50 GMD
1,500 XOF197.25 GMD
2,000 XOF263.00 GMD
2,500 XOF328.75 GMD
3,000 XOF394.50 GMD
4,000 XOF526.00 GMD
5,000 XOF657.50 GMD
10,000 XOF1,315.00 GMD
15,000 XOF1,972.50 GMD
20,000 XOF2,630.00 GMD
30,000 XOF3,945.00 GMD
40,000 XOF5,260.00 GMD
50,000 XOF6,575.00 GMD
100,000 XOF13,150.00 GMD

*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 Senegal to Gambia?

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 Senegal to Gambia. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer CFA Franc BCEAO to GMD.

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 XOF to GMD in Gambia. 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 Gambia from Senegal. We provide you with maximum choices to send money to Gambia 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 Senegal to Gambia?

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 XOF to Gambian Dalasi 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 Senegal to Gambia. 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 XOF to GMD 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 to Gambia from Senegal?

The final amount your recipient gets when you send XOF to GMD 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 Gambia 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 Gambian Dalasi 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 Gambia 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 transfer money from Senegal to Gambia?

Bank transfers have been a traditionally popular way to send money overseas from Senegal to Gambia. 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 XOF to GMD 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 Senegal bank for your Gambia 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 Gambia from Senegal?

It could be a stressful experience if you need to rush money quickly from Senegal to Gambia. 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 GMD. 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 Gambian Dalasi. 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 Gambia money transfers.


Which are the best money transfer companies to send money from Senegal to Gambia?

The first step in selecting the best money transfer operators for Senegal to Gambia 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 CFA Franc BCEAO to Gambian Dalasi 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 Gambia.


Step by step guide to do a money transfer from Senegal to Gambia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Senegal to Gambia, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Senegal to Gambia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Gambia where they can receive monies in Gambian Dalasi.
  • Then, provide details of your Senegal bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your XOF travel to another part of the globe.