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

Western Sahara
Central African Republic
MAD

Interbank Exchange Rate: 1 MAD = 60.6787 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 Central African Republic. 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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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 MAD60.68 XOF
5 MAD303.39 XOF
10 MAD606.79 XOF
25 MAD1,516.97 XOF
50 MAD3,033.94 XOF
100 MAD6,067.87 XOF
150 MAD9,101.81 XOF
200 MAD12,135.74 XOF
250 MAD15,169.68 XOF
300 MAD18,203.61 XOF
400 MAD24,271.48 XOF
500 MAD30,339.35 XOF
600 MAD36,407.22 XOF
700 MAD42,475.09 XOF
800 MAD48,542.96 XOF
1,000 MAD60,678.70 XOF
1,500 MAD91,018.05 XOF
2,000 MAD121,357.40 XOF
2,500 MAD151,696.75 XOF
3,000 MAD182,036.10 XOF
4,000 MAD242,714.80 XOF
5,000 MAD303,393.50 XOF
10,000 MAD606,787.00 XOF
15,000 MAD910,180.50 XOF
20,000 MAD1,213,574.00 XOF
30,000 MAD1,820,361.00 XOF
40,000 MAD2,427,148.00 XOF
50,000 MAD3,033,935.00 XOF
100,000 MAD6,067,870.00 XOF

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


What's the best way to send money from Western Sahara to Central African Republic?

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 Western Sahara to Central African Republic. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Moroccan Dirham to XOF.

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 MAD to XOF in Central African Republic. 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 Central African Republic from Western Sahara. We provide you with maximum choices to send money to Central African Republic by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Western Sahara to Central African Republic?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Central African Republic 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 Central African Republic 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 transfer money from Western Sahara to Central African Republic?

Finding the cheapest way to send money from Western Sahara to Central African Republic 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 Central African Republic 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 to Central African Republic from Western Sahara through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Western Sahara to Central African Republic money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MAD to XOF transfers.

Given this, there are umpteen additional options to send money to Central African Republic instead of just your Western Sahara bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Moroccan Dirham even more so that your recipient in Central African Republic gets the maximum amount.


What is the fastest way to do a money transfer to Central African Republic from Western Sahara?

The speed of your Moroccan Dirham to CFA Franc BCEAO funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MAD to XOF. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Central African Republic from Western Sahara is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Central African Republic if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Western Sahara bank to Central African Republic bank transfer.


Which are the best money transfer companies to send money from Western Sahara to Central African Republic?

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 Western Sahara to Central African Republic, 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 Moroccan Dirham to CFA Franc BCEAO 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 XOF money transfers to Central African Republic. 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 Central African Republic getting more money for every Moroccan Dirham you send.


Step by step guide to do a money transfer from Western Sahara to Central African Republic

There are many important aspects of Western Sahara to Central African Republic remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Western Sahara bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include XOF bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Moroccan Dirham amount you want to send from Western Sahara.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Central African Republic to validate that they get the money once the transaction clears.