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Compare today's MAD to XOF (Moroccan Dirham to CFA Franc BCEAO) exchange rates

Western Sahara
Burkina Faso
MAD

Interbank Exchange Rate: 1 MAD = 60.6500 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 Burkina Faso. 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.

Were you looking to send money from Burkina Faso to Western Sahara 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 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 MAD60.65 XOF
5 MAD303.25 XOF
10 MAD606.50 XOF
25 MAD1,516.25 XOF
50 MAD3,032.50 XOF
100 MAD6,065.00 XOF
150 MAD9,097.50 XOF
200 MAD12,130.00 XOF
250 MAD15,162.50 XOF
300 MAD18,195.00 XOF
400 MAD24,260.00 XOF
500 MAD30,325.00 XOF
600 MAD36,390.00 XOF
700 MAD42,455.00 XOF
800 MAD48,520.00 XOF
1,000 MAD60,650.00 XOF
1,500 MAD90,975.00 XOF
2,000 MAD121,300.00 XOF
2,500 MAD151,625.00 XOF
3,000 MAD181,950.00 XOF
4,000 MAD242,600.00 XOF
5,000 MAD303,250.00 XOF
10,000 MAD606,500.00 XOF
15,000 MAD909,750.00 XOF
20,000 MAD1,213,000.00 XOF
30,000 MAD1,819,500.00 XOF
40,000 MAD2,426,000.00 XOF
50,000 MAD3,032,500.00 XOF
100,000 MAD6,065,000.00 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 Burkina Faso?

Sending money internationally to Burkina Faso from Western Sahara 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 Moroccan Dirham to XOF 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 Burkina Faso. 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 CFA Franc BCEAO.


How to get the best remit rate for transferring money from Western Sahara to Burkina Faso?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Burkina Faso from Western Sahara. 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 MAD to CFA Franc BCEAO 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 Western Sahara to Burkina Faso corridor to give you more good choices for your next XOF money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Western Sahara to Burkina Faso?

Finding the cheapest way to send money from Western Sahara to Burkina Faso 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 MAD to XOF 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 Western Sahara to Burkina Faso 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.


Should I use my bank to send money from Western Sahara to Burkina Faso?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MAD to XOF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Western Sahara to Burkina Faso money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Burkina Faso from Western Sahara. They do this by letting you fund your transaction through your local bank account in Western Sahara, and by allowing you to choose the payout to be your recipient's bank account in Burkina Faso. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Western Sahara to Burkina Faso?

If you need to convert MAD to XOF 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 Western Sahara to Burkina Faso 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 Moroccan Dirham to CFA Franc BCEAO 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 Burkina Faso.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Western Sahara to Burkina Faso. 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 send money from Western Sahara to Burkina Faso?

Western Sahara to Burkina Faso 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 Burkina Faso 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 Moroccan Dirham to CFA Franc BCEAO 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 Western Sahara to Burkina Faso

With so many possible ways to transfer Moroccan Dirham to CFA Franc BCEAO, 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 Western Sahara to Burkina Faso 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 Western Sahara and the receiver in Burkina Faso. 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 MAD to CFA Franc BCEAO money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.