Sending money to Gabon is easy thanks to some of the great options available to you. Your options might not be the best, but you can find some good deals for sending money.
The current exchange rate for the Central African Franc (XOF) is 603.54514 XOF per American Dollar (USD) as of the time this was written. The XOF reached a high of 607.0003 XOF per USD and a low of 596.9998 XOF per USD during the last 90 days. The average exchange rate for the last 90 days was 603.9433 XOF per USD.
The average volatility rate for the XOF against the USD was 0.25% for the last 90 days. This is a normal/typical volatility rate. The XOF has behaved similarly for some time now. You can reasonably expect low-moderate fluctuations in exchange rates to continue going forward, barring any unforeseen circumstances.
The fastest way to send money to Gabon is through Ria Money Transfer’s fast option. With Ria Money Transfer’s fast option, your money will reach its Gabonese destination in a matter of minutes. The fast option is also quite affordable and costs less than most of their slower competition. The main drawback to Ria Money Transfer is that some users complain of hassles and a platform which isn’t the easiest to use. When it comes to their fast option, you can be sure you’re getting a good deal when it comes to both speed and cost.
The cheapest way to send money to Gabon is through Ria Money Transfer’s slow option. Ria Money Transfer charges very low upfront rates for their money transfer services. The company’s slow option also charges relatively low hidden currency conversion costs. When both of these factors are considered, Ria Money Transfer’s slower option is the cheapest.
The easiest way to send money to Gabon is through Xoom. To achieve the maximum level of convenience, we’d recommend that you use their debit card option. If this isn’t agreeable to you, simply sending the money to the recipient’s bank account is always an option. In either case, Xoom is a service that is very easy to use, and navigating their interfaces is a breeze. The company follows PayPal’s great example when it comes to ease of use.
The overall best way to send money to Gabon is through Ria Money Transfer. We would recommend that you use their faster option to get a better deal. With the faster option, you’d pay more, but your transfer would be completed MUCH faster (3-5 days vs under an hour). Ria Money Transfer’s fast option gives you the best balance between cost and speed. If you are not in a rush and would prefer cheaper rates, their slow option offers highly competitive rates. With Ria Money Transfer, you have a service that is more accessible and generally well-rounded than the competition. You can also switch between their fast and slow options as you please.
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com