Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's XOF to EUR (CFA Franc BCEAO to Euro) exchange rates

Senegal
Monaco
XOF

Interbank Exchange Rate: 1 XOF = 0.0016 EUR
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
1.60 EUR
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0016 EUR

📢 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 Euro money transfers

Easily compare money transfer providers in one place to send money from Senegal to Monaco. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Euro (EUR) 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 Monaco from Senegal, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Monaco and their 1 XOF to EUR exchange rate today is 0.0016.

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 Monaco 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 EUR Conversion Rates

Here are some latest XOF to EUR (CFA Franc BCEAO to Euro) exchange rates for popular conversion amounts*.

1 XOF0.00 EUR
5 XOF0.01 EUR
10 XOF0.02 EUR
25 XOF0.04 EUR
50 XOF0.08 EUR
100 XOF0.16 EUR
150 XOF0.24 EUR
200 XOF0.32 EUR
250 XOF0.40 EUR
300 XOF0.48 EUR
400 XOF0.64 EUR
500 XOF0.80 EUR
600 XOF0.96 EUR
700 XOF1.12 EUR
800 XOF1.28 EUR
1,000 XOF1.60 EUR
1,500 XOF2.40 EUR
2,000 XOF3.20 EUR
2,500 XOF4.00 EUR
3,000 XOF4.80 EUR
4,000 XOF6.40 EUR
5,000 XOF8.00 EUR
10,000 XOF16.00 EUR
15,000 XOF24.00 EUR
20,000 XOF32.00 EUR
30,000 XOF48.00 EUR
40,000 XOF64.00 EUR
50,000 XOF80.00 EUR
100,000 XOF160.00 EUR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Senegal to Monaco money transfers?

It can be very confusing when sending money from Senegal to Monaco given so many choices. Additionally, CFA Franc BCEAO to EUR 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 Monaco 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 Monaco 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 Euro remittances.


How to get the best exchange rate for sending money from Senegal to Monaco?

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 Monaco 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 Euro 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 Euro exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way for transferring money to Monaco from Senegal?

Finding the cheapest way to send money from Senegal to Monaco 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 EUR 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 Monaco 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 Monaco?

We do not recommend using your local bank in Senegal for your next XOF to EUR 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 Monaco (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 EUR to Monaco. These companies will let you use your local bank account in Senegal to pay for your Monaco money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Senegal to Monaco fast?

The first thing to do when you need to convert XOF to EUR 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 Euro. 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 Monaco 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 Monaco.


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

Since the CFA Franc BCEAO to Euro 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 Monaco. 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 EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Monaco 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 Monaco transaction.


Step by step guide to send money to Monaco from Senegal

With so many possible ways to transfer CFA Franc BCEAO to Euro, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Senegal to Monaco remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Senegal and the receiver in Monaco. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your XOF to Euro money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.