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Overall best option: Ria Money Transfer
Of the 6 companies that support XOF to ZAR, Ria Money Transfer offered the best combination of cost and speed.
Overall, Ria Money Transfer appeared in 71.4% of Senegal to South Africa searches, consistently scoring as one of the best ways to send XOF to ZAR.
So for a great mix of cost, speed & features, send CFA Franc BCEAOs to South Africa using Ria Money Transfer.
Compare for the best deal on your Senegal to South Africa transfer
Transfer consider from Senegal to South Africa
A comparison of providers offering services between Senegal and South Africa is paramount. Based on your specific transfer amount, the best way to send money to South Africa could change. Comparing ensures the best price for your needs.
For services allowing you to send CFA Franc BCEAO to South Africa we've compared 6 providers.
This coverage of the market ensure you will get the best options for your transfer to South Africa from Senegal.
Overall, we rated Ria Money Transfer as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Senegal to South Africa.
Cheapest way to send money from Senegal to South Africa: Ria Money Transfer
On average, Ria Money Transfer fees were 4* XOF per transfer and customers would expect an exchange rate between XOF-ZAR that is 2.8% different to the mid-market rate
Against the others tested, Ria Money Transfer is 0% cheaper than the second-best option.
To secure a cheap way to transfer XOF to South Africa, Ria Money Transfer is our recommendation.
*The most common fee applied to XOF-ZAR by Ria Money Transfer, based on data from the past six months.
Fastest way to send money to South Africa from Senegal: Ria Money Transfer
Our comparison shows Ria Money Transfer is the fastest option for sending CFA Franc BCEAO into Rand 76.2% of the time. For urgent XOF to ZAR money transfers, they’re our recommended choice.
A XOF-Rand transfer through Ria Money Transfer comes with an average 4 XOF fee.
To ensure Ria Money Transfer was the 'fastest' option we compared 6 providers. This comparison was for overall speed of sending money from Senegal to South Africa and is a combination of depositing CFA Franc BCEAO, transfer times to South Africa and withdrawal timeframes where applicable.
When speed is a priority, Ria Money Transfer is the top choice for sending into South Africa from Senegal.
Need to make a large transfer?
Ria Money Transfer is the best option for large transfers of the 6 providers compared.
While Ria Money Transfer may not always be the cheapest or fastest way to send XOF from Senegal to South Africa, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of sending money to South Africa from Senegal
The cost of sending money from South Africa to South Africa, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from XOF-ZAR is 0.0293 ZAR per CFA Franc BCEAO.
Finding a provider offering an exchange as close to 0.0293 as possible will ensure more Rand received when transferring.
For context, the XOF-ZAR mid-market rate for the past three months has averaged 0.0294 ZAR per CFA Franc BCEAO. This includes a high of 0.0304, and low of 0.0286.
Ria Money Transfer currently offers the best exchange rate on transfers from Senegal to South Africa.
For the most part the XOF-ZAR exchange rate you receive is the biggest factor impacting the cost of sending XOF to South Africa.
Fees: Outside of exchange rates, you may need to pay a fee to send. Ria Money Transfer currently offers the lowest fees on transfers to South Africa from Senegal, averaging 4 XOF over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Rand is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging CFA Franc BCEAOs to ZAR, paired with a low fee, means a higher total amount received in South Africa.
Track the exchange rate for CFA Franc BCEAO to Rand
Sending money at the right time between XOF and ZAR can make a huge difference to overall cost. The exchange rate impacts how much ZAR you get for your XOF.
Over the last six months, the average numbers are:
The exchange rate from XOF to ZAR averaged 0.0294 ZAR.
The highest value recorded was 0.0304 ZAR, while the lowest was 0.0286 ZAR.
6 providers currently offer transfers between Senegal and South Africa close to this rate
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Payment options for transfers from Senegal to South Africa
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between South Africa and Senegal.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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 Senegal to South Africa.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send XOF to ZAR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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