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
Slovakia
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 Slovakia. 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 Slovakia from Senegal, we currently have 1 remittance service providers available.

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

Were you looking to send money from Slovakia to Senegal instead?

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.

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.


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 transfer money from Senegal to Slovakia?

There are many good choices when it comes to sending money from Senegal to Slovakia. 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 EUR money transfers.

We compare different remittance companies to bring you the best options to send money to Slovakia 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 Euro money transfers. You can take advantage of these deals and make the most of your hard earned money.


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

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 Slovakia 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 to send money to Slovakia from Senegal?

When you want to send money to Slovakia from Senegal, you obviously want the cheapest possible option to maximize the money your recipient gets in Euro. 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 EUR 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 Slovakia. 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 Slovakia 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 Euro overseas.


Should I use my bank to transfer money from Senegal to Slovakia?

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

If you need to convert XOF to EUR 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 Slovakia 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 Euro 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 Slovakia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Senegal to Slovakia. 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 transfer money to Slovakia 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 Slovakia. 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 Slovakia 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 Slovakia transaction.


Step by step guide to transfer money to Slovakia from Senegal

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 Slovakia, 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 Slovakia 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 Slovakia where they can receive monies in Euro.
  • 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.