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

Compare today's XOF to NOK (CFA Franc BCEAO to Norwegian Krone) exchange rates

Senegal
Norway
XOF

Interbank Exchange Rate: 1 XOF = 0.0175 NOK
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 XOF =
17.10 NOK
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 0.0171 NOK

📢 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 Norwegian Krone money transfers

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

Verto currently offers the most competitive rate for sending money to Norway and their 1 XOF to NOK exchange rate today is 0.0171.

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 Norway 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 NOK Conversion Rates

Here are some latest XOF to NOK (CFA Franc BCEAO to Norwegian Krone) exchange rates for popular conversion amounts*.

1 XOF0.02 NOK
5 XOF0.09 NOK
10 XOF0.18 NOK
25 XOF0.44 NOK
50 XOF0.88 NOK
100 XOF1.75 NOK
150 XOF2.63 NOK
200 XOF3.50 NOK
250 XOF4.38 NOK
300 XOF5.25 NOK
400 XOF7.00 NOK
500 XOF8.75 NOK
600 XOF10.50 NOK
700 XOF12.25 NOK
800 XOF14.00 NOK
1,000 XOF17.50 NOK
1,500 XOF26.25 NOK
2,000 XOF35.00 NOK
2,500 XOF43.75 NOK
3,000 XOF52.50 NOK
4,000 XOF70.00 NOK
5,000 XOF87.50 NOK
10,000 XOF175.00 NOK
15,000 XOF262.50 NOK
20,000 XOF350.00 NOK
30,000 XOF525.00 NOK
40,000 XOF700.00 NOK
50,000 XOF875.00 NOK
100,000 XOF1,750.00 NOK

*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 to Norway from Senegal?

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 Norway. 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 NOK.

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 NOK in Norway. 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 Norway from Senegal. We provide you with maximum choices to send money to Norway by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Norway from Senegal?

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 Norway from Senegal.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Norwegian Krone 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 NOK 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 for transferring money to Norway from Senegal?

One of the most important things to watch out for is hidden fees when sending money to Norway from Senegal. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Norway using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Norwegian Krone foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best XOF to Norway exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Norway from Senegal.


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

Bank transfers have been a traditionally popular way to send money overseas from Senegal to Norway. 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 NOK 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 Norway 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 Norway from Senegal?

The speed of your CFA Franc BCEAO to Norwegian Krone funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert XOF to NOK. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Norway from Senegal is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Norway if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout NOK into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Senegal bank to Norway bank transfer.


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

Senegal to Norway money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Norway as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best CFA Franc BCEAO to Norwegian Krone money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


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

Follow the below easy steps to send money to Norway 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 Norway).
  • 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.

The provider will then work on your XOF to NOK remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.