Overall best choice: WorldRemit
We tested & reviewed dozens of money transfer providers, and WorldRemit scored highly.
WorldRemit appeared in 52.4% of Canada to Senegal searches, and was the top rated company out of 4 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
Important things to consider before sending money from Canada to Senegal
Don't settle for the first option. Always compare ways to send money from Canada to Senegal to find out about fees, speed, and reliability.
Our analysis included 4 providers that operate between Canada and Senegal.
Through this, you get a comprehensive view of all the options you have in Canada when you need to send money to Senegal.
Cheapest way to send money to Senegal from Canada: OFX
Data collected over the past six months shows that OFX is 2.7% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for CAD to XOF international transfers, based on data from the past six months.
If you want to secure the best rates on a CAD to Senegal transfer, make sure you pick OFX to send your money online.
*The most common fee applied to CAD-XOF by OFX, based on data from the past six months.
Fastest way to send money from Canada to Senegal: WorldRemit
Our data shows that WorldRemit came up as the fastest way to send money from Canada to Senegal in 57.1% 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, WorldRemit is your best choice at the moment. This service emerged as the quickest way to send money to Senegal from Canada in 57.1% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is WorldRemit.
While WorldRemit may not always be the cheapest or fastest way to send CAD from Canada to Senegal, it’s the provider that will keep you safe and relaxed while your money moves into XOF.
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 444.763312 XOF per Canadian Dollar.
The CAD-XOF average exchange rate for the past three months has been 446.3291 XOF per Canadian Dollar, with a high of 451.6028 and a low of 437.1641.
When looking to send money, we'd recommend OFX. On average OFX is 4.37% 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 446.3291.
During this period, the highest value recorded was 451.6028, while the lowest was 437.1641.
WorldRemit, which is our recommended service to send money online from Canada to Senegal offers an exchange rate that is only 4.37% above the mid-market rate.
Want to secure the best CAD-CFA Franc BCEAO exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Canada to Senegal!
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.