West African CFA Franc (XOF) Nigerian Naira (NGN)

West African CFA Franc to Naira Exchange Rates

SourceRateChangeDate
Black Market₦ 0.750.00%18/09/20
CBN₦ 0.68-0.61%18/09/20
Moneygram₦ 0.680.56%18/09/20
FX Market₦ 69.370.01%18/09/20
  • West African CFA Franc to Naira exchange rate is ₦ 0.75 in Black Market, ₦ 0.68 in CBN, ₦ 0.68 in Moneygram, and ₦ 69.37 in FX Market
  • West African CFA Franc to Naira rate recently moves upwards 0.56% in Moneygram, 0.01% in FX Market
  • West African CFA Franc to Naira rate recently moves downwards 0.61% in CBN
  • West African CFA Franc to Naira exchange rate has the lowest value of ₦ 0.68 at CBN as of 18/09/2020 among the rates listed in the summary table
  • West African CFA Franc to Naira exchange rate has the highest value of ₦ 69.37 at FX Market as of 18/09/2020 among the rates listed in the summary table

XOF to NGN Historical Rate Charts

West African CFA Franc to Naira Overview

West African CFA Franc, XOF, is one of the commonly exchanged currencies with Nigerian Naira.

West African CFA Franc is the authorized currency used in Communauté Financière Africaine (BCEAO); Benin, Burkina Faso, Guinea-Bissau, Ivory Coast, Mali, Niger, Senegal, and Togo. Internationally used currency code for West African CFA Franc is XOF. CFA is the symbol for the West African CFA Franc currency. Synonyms for West African CFA Franc are Franc, West African Franc, CFA Franc BCEAO. Sub-unit of West African CFA Franc is centime, 1 West African CFA Franc equals 100 centimes.

There are West African CFA Franc to Naira exchange rates for Black Market (Lagos Parallel Market), Central Bank of Nigeria (CBN), and Foreign Exchange Market as the spot exchange rate updated daily in NgnRates.com. Nigerians prefer money transfer services Western Union and Moneygram to transfer West African CFA Franc currency to their country. In NgnRates.com you can find daily transfer rates for West African CFA Franc to Naira through Moneygram.

Comment on West African CFA Franc to Naira Rates


Naira Currency Converter

Nigerian Naira continued to gain value against most of the foreign currencies in the second half of ...

Nigeria, having a dual exchange rate policy, is able to keep Naira rates rather stable compared to c...