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

Western Sahara
Gabon
MAD

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 Gabon. 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 MAD60.63 XOF
5 MAD303.16 XOF
10 MAD606.32 XOF
25 MAD1,515.80 XOF
50 MAD3,031.61 XOF
100 MAD6,063.21 XOF
150 MAD9,094.82 XOF
200 MAD12,126.42 XOF
250 MAD15,158.03 XOF
300 MAD18,189.63 XOF
400 MAD24,252.84 XOF
500 MAD30,316.05 XOF
600 MAD36,379.26 XOF
700 MAD42,442.47 XOF
800 MAD48,505.68 XOF
1,000 MAD60,632.10 XOF
1,500 MAD90,948.15 XOF
2,000 MAD121,264.20 XOF
2,500 MAD151,580.25 XOF
3,000 MAD181,896.30 XOF
4,000 MAD242,528.40 XOF
5,000 MAD303,160.50 XOF
10,000 MAD606,321.00 XOF
15,000 MAD909,481.50 XOF
20,000 MAD1,212,642.00 XOF
30,000 MAD1,818,963.00 XOF
40,000 MAD2,425,284.00 XOF
50,000 MAD3,031,605.00 XOF
100,000 MAD6,063,210.00 XOF

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


What's the best way to send money to Gabon from Western Sahara?

There are many good choices when it comes to sending money from Western Sahara to Gabon. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Moroccan Dirham to XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Gabon from Western Sahara. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Moroccan Dirham to CFA Franc BCEAO money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Gabon from Western Sahara?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Gabon.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Western Sahara to Gabon transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your MAD to CFA Franc BCEAO money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


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

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Western Sahara to Gabon via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Moroccan Dirham to CFA Franc BCEAO remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Western Sahara to Gabon exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MAD to XOF remittances.


How to send money to Gabon 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 Gabon 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 Gabon 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 Gabon gets the maximum amount.


What is the fastest way to do a money transfer to Gabon from Western Sahara?

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 Gabon 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 Gabon.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Western Sahara to Gabon. 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 to Gabon 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 Gabon. 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 Gabon 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 Gabon transaction.


Step by step guide to transfer money to Gabon from Western Sahara

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 Gabon 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 Gabon. 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.