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

Western Sahara
Guinea-Bissau
MAD

Interbank Exchange Rate: 1 MAD = 60.6457 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 Guinea-Bissau. 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 Guinea-Bissau 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 MAD303.23 XOF
10 MAD606.46 XOF
25 MAD1,516.14 XOF
50 MAD3,032.29 XOF
100 MAD6,064.57 XOF
150 MAD9,096.86 XOF
200 MAD12,129.14 XOF
250 MAD15,161.43 XOF
300 MAD18,193.71 XOF
400 MAD24,258.28 XOF
500 MAD30,322.85 XOF
600 MAD36,387.42 XOF
700 MAD42,451.99 XOF
800 MAD48,516.56 XOF
1,000 MAD60,645.70 XOF
1,500 MAD90,968.55 XOF
2,000 MAD121,291.40 XOF
2,500 MAD151,614.25 XOF
3,000 MAD181,937.10 XOF
4,000 MAD242,582.80 XOF
5,000 MAD303,228.50 XOF
10,000 MAD606,457.00 XOF
15,000 MAD909,685.50 XOF
20,000 MAD1,212,914.00 XOF
30,000 MAD1,819,371.00 XOF
40,000 MAD2,425,828.00 XOF
50,000 MAD3,032,285.00 XOF
100,000 MAD6,064,570.00 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 Guinea-Bissau from Western Sahara?

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 Guinea-Bissau. 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 Guinea-Bissau. 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 Guinea-Bissau from Western Sahara. We provide you with maximum choices to send money to Guinea-Bissau 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 Guinea-Bissau?

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 Guinea-Bissau.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Western Sahara to Guinea-Bissau 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 transfer money from Western Sahara to Guinea-Bissau?

When you want to send money to Guinea-Bissau from Western Sahara, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. 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 MAD to XOF 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 Western Sahara to Guinea-Bissau. 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 Western Sahara to Guinea-Bissau 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 CFA Franc BCEAO overseas.


How to send money from Western Sahara to Guinea-Bissau through a bank?

We do not recommend using your local bank in Western Sahara for your next MAD to XOF overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Western Sahara to Guinea-Bissau (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending XOF to Guinea-Bissau. These companies will let you use your local bank account in Western Sahara to pay for your Guinea-Bissau money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Guinea-Bissau from Western Sahara fast?

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 Guinea-Bissau 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 Guinea-Bissau 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 Guinea-Bissau bank transfer.


Which are the best money transfer companies to send money to Guinea-Bissau from Western Sahara?

The first step in selecting the best money transfer operators for Western Sahara to Guinea-Bissau remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Moroccan Dirham to CFA Franc BCEAO money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Guinea-Bissau.


Step by step guide to do a money transfer from Western Sahara to Guinea-Bissau

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 Guinea-Bissau 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 Guinea-Bissau. 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.