Compare today's XOF to GNF (CFA Franc BCEAO to Guinean Franc) exchange rates
Interbank Exchange Rate: 1 XOF = 15.7905 GNF
Updated about an hour ago
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All you need to know about CFA Franc BCEAO to Guinean Franc money transfers
Easily compare money transfer providers in one place to send money from Senegal to Guinea. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) 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.
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Latest XOF to GNF Conversion Rates
Here are some latest XOF to GNF (CFA Franc BCEAO to Guinean Franc) exchange rates for popular conversion amounts*.
| 1 XOF | 15.79 GNF |
| 5 XOF | 78.95 GNF |
| 10 XOF | 157.91 GNF |
| 25 XOF | 394.76 GNF |
| 50 XOF | 789.53 GNF |
| 100 XOF | 1,579.05 GNF |
| 150 XOF | 2,368.58 GNF |
| 200 XOF | 3,158.10 GNF |
| 250 XOF | 3,947.63 GNF |
| 300 XOF | 4,737.15 GNF |
| 400 XOF | 6,316.20 GNF |
| 500 XOF | 7,895.25 GNF |
| 600 XOF | 9,474.30 GNF |
| 700 XOF | 11,053.35 GNF |
| 800 XOF | 12,632.40 GNF |
| 1,000 XOF | 15,790.50 GNF |
| 1,500 XOF | 23,685.75 GNF |
| 2,000 XOF | 31,581.00 GNF |
| 2,500 XOF | 39,476.25 GNF |
| 3,000 XOF | 47,371.50 GNF |
| 4,000 XOF | 63,162.00 GNF |
| 5,000 XOF | 78,952.50 GNF |
| 10,000 XOF | 157,905.00 GNF |
| 15,000 XOF | 236,857.50 GNF |
| 20,000 XOF | 315,810.00 GNF |
| 30,000 XOF | 473,715.00 GNF |
| 40,000 XOF | 631,620.00 GNF |
| 50,000 XOF | 789,525.00 GNF |
| 100,000 XOF | 1,579,050.00 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 Senegal to Guinea?
It can be very confusing when sending money from Senegal to Guinea given so many choices. Additionally, CFA Franc BCEAO to GNF exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.Choose Senegal to Guinea as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Guinea from Senegal. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.
To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for CFA Franc BCEAO to Guinean Franc remittances.
How to get the best exchange rate for sending money from Senegal to Guinea?
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 from Senegal.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Guinean Franc 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 XOF to GNF 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 to transfer money from Senegal to Guinea?
Finding the cheapest way to send money from Senegal to Guinea 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 XOF to GNF 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 Senegal to Guinea 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 Senegal to Guinea?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low XOF to GNF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Senegal to Guinea money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Guinea from Senegal. They do this by letting you fund your transaction through your local bank account in Senegal, and by allowing you to choose the payout to be your recipient's bank account in Guinea. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money to Guinea from Senegal fast?
The first thing to do when you need to convert XOF to GNF quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.The harder part might be how to identify which providers can execute fast funds transfers between CFA Franc BCEAO and Guinean Franc. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.
To help demystify the unknowns in the end to end Senegal to Guinea remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Guinea.
Which are the best money transfer companies to transfer money from Senegal to Guinea?
Since the CFA Franc BCEAO 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 Senegal 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 XOF 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 Senegal to Guinea transaction.
Step by step guide to transfer money to Guinea from Senegal
Follow the below easy steps to send money to Guinea from Senegal.- 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 Senegal 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.
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.