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

Updated on 16:05 20/02/2020
West African CFA Franc (XOF)XOFNGNSell: 0.5046 -0.14%Buy: 0.4846Reverse Rate | NGN to XOF1 NGN = 1.9818 XOF
Previous Day Comparison
-₦ 0.0007
% Change
Last 30 Days High/Low
₦ 0.5193 on 23-January-2020
₦ 0.5046 on 20-February-2020
2020 High/Low
₦ 0.523 on 08-January-2020
₦ 0.5046 on 20-February-2020

XOF to NGN Historical CBN Rate Chart

Daily XOF to NGN CBN Review

West African CFA Franc to Naira exchange rate is set as ₦0.5046 by Central Bank of Nigeria (CBN) today, February 21, 2020. Franc started this week at ₦0.5065 in CBN exchange rate lists on Monday, February 17, 2020. This makes a %0.38 decrease for CFA Franc BCEAO rate against Naira in CBN this week.

When we look at the whole month, we see that Franc rate started February at ₦0.5164 on Monday, February 03, 2020. With West African Franc rate set at ₦0.5046 now, we see a %2.29 decrease for Franc to Naira exchange rates in CBN for this February.

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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