Compare today's MAD to XOF (Moroccan Dirham to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 MAD = 60.6321 XOF
Updated about an hour ago
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All you need to know about Moroccan Dirham to CFA Franc BCEAO money transfers
Easily compare money transfer providers in one place to send money from Western Sahara to Benin. Send money overseas to your loved ones by comparing Moroccan Dirham (MAD) to CFA Franc BCEAO (XOF) 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 Western Sahara.
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Latest MAD to XOF Conversion Rates
Here are some latest MAD to XOF (Moroccan Dirham to CFA Franc BCEAO) exchange rates for popular conversion amounts*.
| 1 MAD | 60.63 XOF |
| 5 MAD | 303.16 XOF |
| 10 MAD | 606.32 XOF |
| 25 MAD | 1,515.80 XOF |
| 50 MAD | 3,031.61 XOF |
| 100 MAD | 6,063.21 XOF |
| 150 MAD | 9,094.82 XOF |
| 200 MAD | 12,126.42 XOF |
| 250 MAD | 15,158.03 XOF |
| 300 MAD | 18,189.63 XOF |
| 400 MAD | 24,252.84 XOF |
| 500 MAD | 30,316.05 XOF |
| 600 MAD | 36,379.26 XOF |
| 700 MAD | 42,442.47 XOF |
| 800 MAD | 48,505.68 XOF |
| 1,000 MAD | 60,632.10 XOF |
| 1,500 MAD | 90,948.15 XOF |
| 2,000 MAD | 121,264.20 XOF |
| 2,500 MAD | 151,580.25 XOF |
| 3,000 MAD | 181,896.30 XOF |
| 4,000 MAD | 242,528.40 XOF |
| 5,000 MAD | 303,160.50 XOF |
| 10,000 MAD | 606,321.00 XOF |
| 15,000 MAD | 909,481.50 XOF |
| 20,000 MAD | 1,212,642.00 XOF |
| 30,000 MAD | 1,818,963.00 XOF |
| 40,000 MAD | 2,425,284.00 XOF |
| 50,000 MAD | 3,031,605.00 XOF |
| 100,000 MAD | 6,063,210.00 XOF |
*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 Western Sahara to Benin?
It can be very confusing when sending money from Western Sahara to Benin given so many choices. Additionally, Moroccan Dirham to XOF 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 Western Sahara to Benin 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 Benin from Western Sahara. 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 Moroccan Dirham to CFA Franc BCEAO remittances.
How to get the best remit rate for transferring money from Western Sahara to Benin?
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 Benin from Western Sahara.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MAD to CFA Franc BCEAO 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 MAD to XOF 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 Benin from Western Sahara?
One of the most important things to watch out for is hidden fees when sending money to Benin from Western Sahara. 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 Benin using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your CFA Franc BCEAO foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MAD to Benin 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 Benin from Western Sahara.
Should I use my bank to send money from Western Sahara to Benin?
Big banks in Western Sahara are known to make a lot of money by charging high fees on Benin money transfers from Western Sahara. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.In addition to charging higher than average fees, banks are also notorious for giving you a MAD to XOF exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Benin. With our live comparison tool, you can easily compare many good options in one glance.
Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Western Sahara to Benin. You work hard for your money, so you should also ensure you get the maximum yield when you send XOF overseas.
How to send money from Western Sahara to Benin fast?
The first thing to do when you need to convert MAD to XOF 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 Moroccan Dirham and CFA Franc BCEAO. 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 Western Sahara to Benin 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 Benin.
Which are the best money transfer companies to transfer money to Benin from Western Sahara?
Since the Moroccan Dirham to CFA Franc BCEAO 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 Western Sahara that may also be able to send money to Benin. 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 MAD to XOF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Benin gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Western Sahara to Benin transaction.
Step by step guide to send money from Western Sahara to Benin
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 Western Sahara to Benin, 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 Western Sahara to Benin 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 Benin where they can receive monies in CFA Franc BCEAO.
- Then, provide details of your Western Sahara 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.