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    Best GBP to XOF Exchange Rates Compared Live

    The live mid-rate GBP to XOF exchange rate is 776.10. Compare currency conversion rates - Reduce FX costs.

    GBP-XOF Best Exchange Rates
     
     

    What is the best Send Money conversion rate for GBP to XOF?

    The best GBP to XOF exchange rate is 751.8953 from OFX . This is -3.1% compared to the mid-market rate 776.10.

    As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to West African franc (XOF) rates from different sources before making a conversion.

    How do GBP-XOF rates compare between providers?

    Looking at our comparison table the best GBP to XOF exchange rate is 751.8953 from OFX, -3.1% from the mid-market rate 776.10.

    It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.

     

    Compare Rates

     

    The Sterling to West African franc comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest GBP-XOF mid-rate (see Market Data below ) and the possible savings of using various providers. 

     
     
     

    GBP to XOF Market Data

    British pound (GBP) to West African franc (XOF) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    Sell GBP   →   Buy XOF
    1 GBP =
    776.10We compare provider deals to this wholesale mid-market rate. Read more
    XOF
    —
    90d-lows
    GBP to XOF is at 90-day lows near 776.1, 1.4% below its 3-month average of 787.4, having traded in a very stable 2.7% range from 776.1 to 796.7
    |
    Tracker

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    DateGBP/XOFChangePeriod
    07 Jul 2023
    767.75
    		1.3% ▼2 Week
    22 Apr 2023
    735.08
    		3% ▲3 Month
    21 Jul 2022
    769.88
    		1.6% ▼1 Year
    22 Jul 2018
    734.47
    		3.1% ▲5 Year
    23 Jul 2013
    761.94
    		0.6% ▼10 Year
    26 Jul 2003
    924.22
    		18% ▼20 Year
    GBP/XOF historic rates & change to 21-Jul-2023
     

    What are equivalent amounts of GBP and XOF?

    Here are some popular conversion amounts for GBP to XOF (British pound to West African franc)*.

    GBP XOF
    £ 1 776.10
    £ 5 3,881
    £ 10 7,761
    £ 20 15,522
    £ 50 38,805
    £ 100 77,610
    £ 250 194,025
    £ 500 388,050
    £ 1,000 776,100
    £ 2,000 1,552,200
    £ 5,000 3,880,500
    £ 10,000 7,761,000
    £ 20,000 15,522,000
    £ 50,000 38,805,000
    £ 100,000 77,610,000
    GBP XOF
    £ 0.0013 1
    £ 0.0064 5
    £ 0.0129 10
    £ 0.0258 20
    £ 0.0644 50
    £ 0.1288 100
    £ 0.3220 250
    £ 0.6440 500
    £ 1.2880 1,000
    £ 2.5760 2,000
    £ 6.4400 5,000
    £ 12.88 10,000
    £ 25.76 20,000
    £ 64.40 50,000
    £ 128.80 100,000

    More amounts

    *Converted at the current GBPXOF interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for GBP to XOF

     

    The recent weakness of the British pound (GBP) against the West African CFA franc (XOF) has been influenced by disappointing economic indicators. With the UK's latest GDP growth figure for November registering a modest 0.1%, which fell short of the projected 0.2%, GBP has experienced a softening in value. FX analysts are closely watching upcoming retail sales figures, as a positive surprise could potentially bolster the pound and reverse some of the recent declines. However, the GBP/XOF exchange rate has already slipped to 90-day lows around 776.1, marking a 1.4% decrease from its three-month average and reflecting a stable trading range that has oscillated between 776.1 and 796.7.

    Read our full review of recent GBP to XOF forecasts.

     
    XOF and flag

    How to get a good GBP to XOF exchange rate

    There are several ways to save on exchange rates when converting British pound to West African franc:

    1. Shop around for the best GBP/XOF exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the GBP/XOF rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both GBP and XOF at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    Generally speaking, if you are buying West African franc with British pound, then it's better for the GBP/XOF exchange rate to be higher.

    However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).

    The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

    Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

    Read our Currency guide to Senegal - a practical currency and money guide to travel, living and doing business in Senegal with the West African franc.

    It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.

    Multi-Vendor Quote

    We can help you get an even better deal when sending a Large International Money Transfer.

    Click below for the Request Quotes form and enter your transfer details (BER account required).

    Request Quotes

    Save time and money - fewer websites to visit and you get a much better exchange rate & service.

    Compare Rates

    Will the British pound rise against the West African franc?

    It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.

    To help with this you can add GBP/XOF to your personalised Rate Tracker to track and benefit from currency movements.

     
    Track Rate
     

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    Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.

    Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending

     
     

    Currency Country Guides

    United KingdomUnited Kingdom (GBP)SenegalSenegal (XOF)BeninBenin (XOF)
    Burkina FasoBurkina Faso (XOF)Ivory CoastIvory Coast (XOF)Guinea-BissauGuinea-Bissau (XOF)
    MaliMali (XOF)NigerNiger (XOF)TogoTogo (XOF)
     

    Here are a few things you may want to consider when sending money to Senegal:

    1. Choose a reputable money transfer service: Make sure to do your research and choose a reputable service to transfer your money. Consider factors such as exchange rates, fees, and the speed of the transfer.

    2. Consider the exchange rate: The exchange rate you receive may be different from the mid-market exchange rate, which is the rate banks use when they exchange currencies. Some money transfer services may offer better exchange rates than others.

    3. Compare fees: Fees can vary widely between money transfer services, so it's important to compare options to find the most cost-effective solution.

    4. Consider the delivery method: Some money transfer services allow you to send money directly to a bank account in Senegal, while others allow you to send money for pickup at a location in the country. Choose the delivery method that best meets your needs.

      Read more at our Senegal (XOF) country guide

       
     
     
     

    More exchange rates

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    1.2287
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    GBPUSD 90 day chart
    USD/XOF
    631.66
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    14d-lows
    USDXOF 90 day chart
    GBP/EUR
    1.1832
    —
    90d-lows
    GBPEUR 90 day chart
    GBP/AUD
    1.9683
    ▼-0.1%
    30d-lows
    GBPAUD 90 day chart
    GBP/CAD
    1.7718
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    GBPCAD 90 day chart

    Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more

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