If you need to send money to Togo, your options will be limited, but still ok. You can choose between one of several good and well-rounded international money transfer options.
The current exchange rate for the Central African Franc (XOF) is 551.127112 XOF per American Dollar (USD) as of the time this was written. The XOF reached a high of 557.2511 XOF per USD and a low of 551.1271 XOF per USD during the last 90 days. The average exchange rate for the last 90 days was 555.0127 XOF per USD.
The XOF had an average volatility rate of 0.26% for the last 90 days. This is a normal volatility rate that has remained as such for some time now. You can reasonably expect only normal fluctuations in exchange rates to continue going forward, barring any unforeseen circumstances.
The fastest way to send money to Togo is through Ria Money Transfer’s fast option. With Ria Money Transfer’s fast option, your money will reach its Togolese destination in a matter of minutes. The fast option is also very affordable and costs less than most of Ria Money Transfer’s 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 Togo is through Ria Money Transfer’s slow (standard) 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 very cheap.
It should be noted that Ria Money Transfer’s slow option is very slow. It should normally take 3-5 business days for your money to reach its destination.
The easiest way to send money to Togo is through Payoneer. With Payoneer, you can switch between different money transfer methods to suit your needs. You have several options for sending money through Payoneer. We recommend you use Payoneer to send money to the recipient’s debit card, which offers greater convenience and security when compared to other methods. With this method, the recipient can withdraw the money right away upon the transfer’s completion. You can also opt to send your Payoneer balance to a mobile money account if that suits you better.
The overall best way to send money to Togo is through Ria Money Transfer. For the sake of getting the best deal possible, we recommend using their fast option. Ria Money Transfer’s fast option gives you a great balance between cost and speed. If you are not in a rush and would prefer cheaper rates, their slow option is alright. With Ria Money Transfer, you have a service that is accessible and generally well-rounded.
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