Overall best choice: WorldRemit
We tested & reviewed dozens of money transfer providers, and WorldRemit scored highly.
WorldRemit appeared in 100% of Canada to Senegal searches, and was the top rated company out of 9 that support CAD to XOF.
So for a great mix of cost, speed & features, make your Canada to Senegal transfer using WorldRemit.
How to get the best deal on your Canada to Senegal transfer
Sending money from Canada to Senegal considerations
A comparison of providers offering services between Canada and Senegal is the easiest way to ensure the best deal.
We've compared 9 providers that offer services for sending Canadian Dollar to Senegal.
This ensures you will get the best options for your transfer to Senegal from Canada.
Whilst we rate WorldRemit as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Canada to Senegal.
Cheapest way to send money to Senegal from Canada: Remitbee
They offer an average fee of 0* CAD and exchange rate between CAD-XOF that is 0.7% different to the mid-market rate.
In comparison, Remitbee is 0% cheaper than the second-best option.
To secure affordable and great rates on a CAD to Senegal transfer, Remitbee is our recommended choice.
*The most common fee applied to CAD-XOF by Remitbee, based on data from the past six months.
Fastest way to send money from Canada to Senegal: Remitly
Our data shows that Remitly came up as the fastest way to send money from Canada to Senegal in 66.7% of searches. This makes them well suited to urgent CAD to XOF money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Canada to Senegal - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Remitly is your best choice at the moment. This service emerged as the quickest way to send money to Senegal from Canada in 66.7% of the searches on MoneyTransfers.com over the past six months.
Send large sums of money
WorldRemit offers the strongest all round option for large transfers of the 9 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from CFA Franc BCEAO to CFA Franc BCEAO.
As such, opt for WorldRemit for sending large sums of money to Senegal from Canada.
Understanding the costs involved when moving money from Canada to Senegal
When calculating the costs of money transfers between Canada and Senegal, here's what really matters:
The Mid-Market Rate: Today, the CAD-XOF mid-market rate equals 441.852 XOF per Canadian Dollar.
The CAD-XOF average exchange rate for the past three months has been 439.534 XOF per Canadian Dollar, with a high of 447.7098 and a low of 433.5962.
When looking to send money, we'd recommend OFX. On average OFX is 4.94% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from CAD to XOF.
How to find the best exchange rate for Canada to Senegal
Timing is essential for sending money between CAD and XOF. The exchange rate you secure impacts how much XOF you get for your CAD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CAD to XOF has seen some fluctuation. On average, it stood at 439.534.
During this period, the highest value recorded was 447.7098, while the lowest was 433.5962.
WorldRemit, which is our recommended service to send money online from Canada to Senegal offers an exchange rate that is only 4.94% above the mid-market rate.
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Payment methods available to fund your Canada to Senegal transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Senegal and Canada.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Canada to Senegal.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CAD to XOF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.