West African CFA Franc to Naira Black Market (Lagos) Rates

Updated on 08:00 21/01/2020
West African CFA Franc (XOF)XOFNGNSell: 0.598 0.00%Buy: 0.57Reverse Rate | NGN to XOF1 NGN = 1.6722 XOF
Previous Day Comparison
% Change
Last 30 Days High/Low
₦ 0.6 on 30-December-2019
₦ 0.59 on 15-January-2020
2020 High/Low
₦ 0.598 on 21-January-2020
₦ 0.59 on 15-January-2020

XOF to NGN Historical Black Market Rate Chart

Daily XOF to NGN Black Market Review

West African CFA Franc is being traded at ₦0.598 in Black Market today, January 21, 2020. Initial CFA Franc BCEAO rate was noted as ₦0.598 at the beginning of this week on Monday, January 20, 2020. This makes no rise for Franc rate against Naira this week.

To have a monthly quick review, we see that West African CFA Franc to Naira exchange rate was ₦0.59 on Thursday, January 02, 2020 at the beginning of January. As of today with Franc being traded at ₦0.598, we see a %1.36 rise for West African Franc to Naira exchange rates for this January.

Comment on West African CFA Franc to Naira Rates

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

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