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Compare today's NOK to BIF (Norwegian Krone to Burundian Franc) exchange rates

Svalbard and Jan Mayen
Burundi
NOK

Interbank Exchange Rate: 1 NOK = 305.6957 BIF
Updated about an hour ago

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All you need to know about Norwegian Krone to Burundian Franc money transfers

Easily compare money transfer providers in one place to send money from Svalbard and Jan Mayen to Burundi. Send money overseas to your loved ones by comparing Norwegian Krone (NOK) to Burundian Franc (BIF) 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 Svalbard and Jan Mayen.

Were you looking to send money from Burundi to Svalbard and Jan Mayen 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 NOK to BIF Conversion Rates

Here are some latest NOK to BIF (Norwegian Krone to Burundian Franc) exchange rates for popular conversion amounts*.

1 NOK305.70 BIF
5 NOK1,528.48 BIF
10 NOK3,056.96 BIF
25 NOK7,642.39 BIF
50 NOK15,284.79 BIF
100 NOK30,569.57 BIF
150 NOK45,854.35 BIF
200 NOK61,139.14 BIF
250 NOK76,423.93 BIF
300 NOK91,708.71 BIF
400 NOK122,278.28 BIF
500 NOK152,847.85 BIF
600 NOK183,417.42 BIF
700 NOK213,986.99 BIF
800 NOK244,556.56 BIF
1,000 NOK305,695.70 BIF
1,500 NOK458,543.55 BIF
2,000 NOK611,391.40 BIF
2,500 NOK764,239.25 BIF
3,000 NOK917,087.10 BIF
4,000 NOK1,222,782.80 BIF
5,000 NOK1,528,478.50 BIF
10,000 NOK3,056,957.00 BIF
15,000 NOK4,585,435.50 BIF
20,000 NOK6,113,914.00 BIF
30,000 NOK9,170,871.00 BIF
40,000 NOK12,227,828.00 BIF
50,000 NOK15,284,785.00 BIF
100,000 NOK30,569,570.00 BIF

*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 Burundi from Svalbard and Jan Mayen?

Sending money internationally to Burundi from Svalbard and Jan Mayen can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Norwegian Krone to BIF remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Burundi. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Burundian Franc.


How to get the best exchange rate for your money transfers from Svalbard and Jan Mayen to Burundi?

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 Svalbard and Jan Mayen to Burundi 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 NOK to Burundian Franc 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 Norwegian Krone to Burundian Franc 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 Burundi from Svalbard and Jan Mayen?

Finding the cheapest way to send money from Svalbard and Jan Mayen to Burundi 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 NOK to BIF 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 Svalbard and Jan Mayen to Burundi 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.


How to send money from Svalbard and Jan Mayen to Burundi through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Svalbard and Jan Mayen to Burundi. 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 NOK to BIF 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 Svalbard and Jan Mayen bank for your Burundi 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 to Burundi from Svalbard and Jan Mayen fast?

It could be a stressful experience if you need to rush money quickly from Svalbard and Jan Mayen to Burundi. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert NOK to BIF. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Burundian Franc. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Svalbard and Jan Mayen to Burundi money transfers.


Which are the best money transfer companies to transfer money to Burundi from Svalbard and Jan Mayen?

Svalbard and Jan Mayen to Burundi 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 Burundi 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 Norwegian Krone to Burundian Franc 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 transfer money to Burundi from Svalbard and Jan Mayen

With so many possible ways to transfer Norwegian Krone to Burundian Franc, 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 Svalbard and Jan Mayen to Burundi 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 Svalbard and Jan Mayen and the receiver in Burundi. 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 NOK to Burundian Franc money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.