West African CFA Franc to Naira CBN - Central Bank of Nigeria Rates

Updated on 16:05 05/06/2020
West African CFA Franc (XOF)XOFNGNSell: 0.5257 0.52%Buy: 0.5057Reverse Rate | NGN to XOF1 NGN = 1.9022 XOF
Previous Day Comparison
+₦ 0.0027
% Change
Last 30 Days High/Low
₦ 0.5257 on 05-June-2020
₦ 0.5043 on 15-May-2020
2020 High/Low
₦ 0.5353 on 10-March-2020
₦ 0.5033 on 27-April-2020

XOF to NGN Historical CBN Rate Chart

Daily XOF to NGN CBN Review

Suggested West African CFA Franc trade rate is ₦0.5257 according to Central Bank of Nigeria (CBN) today, June 06, 2020. CFA Franc BCEAO rate has been set as ₦0.5147 by CBN when this week started on Monday, June 01, 2020. This corresponds to a %2.14 increase for West African CFA Franc in CBN this week.

To have a monthly quick review, we see that XOF rate started May at ₦0.5093 on Monday, May 04, 2020. As of today with West African Franc seen at ₦0.5257, we see a %3.22 rise for XOF to Naira exchange rates in CBN since the begining of last May.

Comment on West African CFA Franc to Naira Rates

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...

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