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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Sending money to Senegal can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Senegal bank accounts or pay a West African franc invoice.
British pound (GBP) to West African franc (XOF) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/XOF Outlook: Slightly positive, but likely to move sideways, as the rate is just above the recent average with limited immediate drivers.
GBP/USD Outlook: The outlook for GBP/USD is likely to increase as the exchange rate is above its recent average and near recent highs, supported by positive...
USD/XOF Outlook: Bearish, as the rate is below its recent average and near recent lows due to ongoing US economic concerns.
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in West African franc across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-XOF interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best GBP to XOF exchange rate is 728.31 from OFX . This is -3.9% compared to the mid-market rate 757.68.
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.
The above Sterling to West African franc comparison table 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 and the possible savings of using various providers.
Looking at the full GBP to XOF - Send Money comparison table the provider with the best GBP to XOF exchange rate is OFX at 728.31, -3.9% from the latest mid-market rate 757.68.
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.
View a full list of exchange rates by selecting your Base (from) currency:
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