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Compare today's XOF to ISK (CFA Franc BCEAO to Icelandic Krona) exchange rates

Senegal
Iceland
XOF

Interbank Exchange Rate: 1 XOF = 0.2208 ISK
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Icelandic Krona money transfers

Easily compare money transfer providers in one place to send money from Senegal to Iceland. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Icelandic Krona (ISK) 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 Iceland 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 ISK Conversion Rates

Here are some latest XOF to ISK (CFA Franc BCEAO to Icelandic Krona) exchange rates for popular conversion amounts*.

1 XOF0.22 ISK
5 XOF1.10 ISK
10 XOF2.21 ISK
25 XOF5.52 ISK
50 XOF11.04 ISK
100 XOF22.08 ISK
150 XOF33.12 ISK
200 XOF44.16 ISK
250 XOF55.20 ISK
300 XOF66.24 ISK
400 XOF88.32 ISK
500 XOF110.40 ISK
600 XOF132.48 ISK
700 XOF154.56 ISK
800 XOF176.64 ISK
1,000 XOF220.80 ISK
1,500 XOF331.20 ISK
2,000 XOF441.60 ISK
2,500 XOF552.00 ISK
3,000 XOF662.40 ISK
4,000 XOF883.20 ISK
5,000 XOF1,104.00 ISK
10,000 XOF2,208.00 ISK
15,000 XOF3,312.00 ISK
20,000 XOF4,416.00 ISK
30,000 XOF6,624.00 ISK
40,000 XOF8,832.00 ISK
50,000 XOF11,040.00 ISK
100,000 XOF22,080.00 ISK

*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 Iceland?

There are many good choices when it comes to sending money from Senegal to Iceland. 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 ISK money transfers.

We compare different remittance companies to bring you the best options to send money to Iceland 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 Icelandic Krona 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 Iceland from Senegal?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Senegal to Iceland transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your XOF to Icelandic Krona international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest CFA Franc BCEAO to Icelandic Krona exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to send money to Iceland from Senegal?

When you want to send money to Iceland from Senegal, you obviously want the cheapest possible option to maximize the money your recipient gets in Icelandic Krona. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your XOF to ISK money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Senegal to Iceland. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Senegal to Iceland exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Icelandic Krona overseas.


How to send money from Senegal to Iceland through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Senegal to Iceland. 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 ISK 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 Iceland 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.


How to send money from Senegal to Iceland fast?

If you need to convert XOF to ISK 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 Senegal to Iceland 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 CFA Franc BCEAO to Icelandic Krona 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 Iceland.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Senegal to Iceland. 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 to Iceland 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 Iceland, 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 Icelandic Krona 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 ISK money transfers to Iceland. 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 Iceland getting more money for every CFA Franc BCEAO you send.


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

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 Iceland, 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 Iceland 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 Iceland where they can receive monies in Icelandic Krona.
  • 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.