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Compare today's XOF to CVE (CFA Franc BCEAO to Cape Verde Escudo) exchange rates

Togo
Cape Verde
XOF

Interbank Exchange Rate: 1 XOF = 0.1682 CVE
Updated about an hour ago

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All you need to know about CFA Franc BCEAO to Cape Verde Escudo money transfers

Easily compare money transfer providers in one place to send money from Togo to Cape Verde. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Cape Verde Escudo (CVE) 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 Togo.

Were you looking to send money from Cape Verde to Togo 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 CVE Conversion Rates

Here are some latest XOF to CVE (CFA Franc BCEAO to Cape Verde Escudo) exchange rates for popular conversion amounts*.

1 XOF0.17 CVE
5 XOF0.84 CVE
10 XOF1.68 CVE
25 XOF4.21 CVE
50 XOF8.41 CVE
100 XOF16.82 CVE
150 XOF25.23 CVE
200 XOF33.64 CVE
250 XOF42.05 CVE
300 XOF50.46 CVE
400 XOF67.28 CVE
500 XOF84.10 CVE
600 XOF100.92 CVE
700 XOF117.74 CVE
800 XOF134.56 CVE
1,000 XOF168.20 CVE
1,500 XOF252.30 CVE
2,000 XOF336.40 CVE
2,500 XOF420.50 CVE
3,000 XOF504.60 CVE
4,000 XOF672.80 CVE
5,000 XOF841.00 CVE
10,000 XOF1,682.00 CVE
15,000 XOF2,523.00 CVE
20,000 XOF3,364.00 CVE
30,000 XOF5,046.00 CVE
40,000 XOF6,728.00 CVE
50,000 XOF8,410.00 CVE
100,000 XOF16,820.00 CVE

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


What's the best way to do Togo to Cape Verde money transfers?

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 Togo to Cape Verde. 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 CVE.

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 CVE in Cape Verde. 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 Cape Verde from Togo. We provide you with maximum choices to send money to Cape Verde by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Togo to Cape Verde?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Cape Verde from Togo. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your XOF to Cape Verde Escudo money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Togo to Cape Verde corridor to give you more good choices for your next CVE money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to Cape Verde from Togo?

When you want to send money to Cape Verde from Togo, you obviously want the cheapest possible option to maximize the money your recipient gets in Cape Verde Escudo. 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 CVE 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 Togo to Cape Verde. 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 Togo to Cape Verde 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 Cape Verde Escudo overseas.


How to send money from Togo to Cape Verde through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Togo to Cape Verde. 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 CVE 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 Togo bank for your Cape Verde 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 Cape Verde from Togo fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Togo to Cape Verde. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert XOF to CVE fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your CFA Franc BCEAO amount reaching Cape Verde. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Cape Verde Escudo quickly to Cape Verde, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money from Togo to Cape Verde?

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 Togo to Cape Verde, 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 Cape Verde Escudo 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 CVE money transfers to Cape Verde. 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 Cape Verde getting more money for every CFA Franc BCEAO you send.


Step by step guide to transfer money to Cape Verde from Togo

With so many possible ways to transfer CFA Franc BCEAO to Cape Verde Escudo, 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 Togo to Cape Verde 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 Togo and the receiver in Cape Verde. 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 Cape Verde Escudo money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.