MMomoCalc

🇳🇬 NGN to 🇨🇲 XAFNigerian Naira to Franc CFA (FCFA) Rate Today

Live indicative interbank rate. Last refreshed 22 Jun 2026 12:00:04 UTC.

Convert Nigerian Naira to Franc CFA using the live indicative interbank rate and the converter below. Covers the cost of sending to CEMAC zone via the major mobile money apps.

LiveUpdated 2026-06-22
1 NGN = 0.424 XAF

NGN to XAF rate change

Rate tracking started 5 June 2026. Longer windows fill in as history grows.

1 day
+0.0%
1 week
+1.4%
1 month
1 year

Change in the NGN→XAF rate. + means the Franc CFA weakened against the Nigerian Naira; − means it strengthened.

Why the NGN–XAF corridor matters

The naira meets the Central African CFA franc across Nigeria's eastern border with Cameroon and Chad — cattle, foodstuffs and cross-border informal trade dominate this less-banked corridor.

Currency converter

You convert
🇳🇬NGN
Receives
🇨🇲42XAF
1 NGN = 0 XAF · Updated 2026-06-22 12:00
Send NGN to CEMAC zone →

NGN → XAF conversion table

NGNXAF
500212
1,000424
2,000848
5,0002,120
10,0004,240
25,00010,600
50,00021,200
100,00042,400
250,000106,000
500,000212,000
1,000,000424,000

Table computed at the indicative rate of 1 NGN = 0.424 XAF. Real operator-side values include a 1%-4% spread.

Nigerian Naira to Franc CFA exchange rate history

Current: 1 NGN = 0.42 XAF
Low: 0.42High: 0.42

Official vs Parallel Market Rate

Tracks live rate
Official (interbank)
Central bank reference rate
1 NGN = 0.4240 XAF
Parallel / bureau
Buy 0.410058 · Sell 0.413255
1 NGN0.41165 XAF
Premium / spread
-3.0%

Parallel premium reviewed 18 Jun 2026; the rate above tracks the live official rate (updated daily) — only the premium % is fixed.

The parallel rate shown is an indicative, community-aggregated figure sourced from NgnRates / Aboki. MomoCalc does not buy, sell, or set currency rates. Parallel rates vary by location, dealer, and time of day, and trading outside licensed channels may carry legal and security risks. Always confirm current rates with a licensed dealer before transacting. Educational only — not financial advice.

What moves the Nigerian Naira rate

The naira has been on a managed float since the 2023 NAFEM unification, which erased most of the old official-vs-parallel gap (30%-60% pre-2023, now 1%-3%). Watch CBN interventions, oil receipts and the parallel-market premium — that is what moves the rate day to day.

About the Nigerian Naira

The Nigerian Naira (NGN, ₦) is the official currency of Nigeria, issued by the Central Bank of Nigeria (CBN) since 1973 when it replaced the Nigerian pound. Subdivided into 100 kobo, the Naira is one of Africa's most-traded currencies and the principal medium of exchange for the continent's largest economy. Since the CBN's 2023 unification of the parallel and official exchange rate windows through what it calls the NAFEM mechanism, the Naira has traded under market-driven pricing rather than the previous administered peg. Nigeria receives an estimated 20 billion USD a year in formal remittances, and for inbound flows to MTN MoMo PSB, OPay, PalmPay and Moniepoint the published Naira rate is now typically within 1%-3% of the parallel market — a sharp narrowing compared to the 30%-60% gaps that prevailed before unification.

About the Franc CFA

The Central African CFA Franc (XAF, FCFA) is the official currency of the six CEMAC member states — Cameroon, Chad, Central African Republic, Congo-Brazzaville, Equatorial Guinea and Gabon. It is issued by the Bank of Central African States (BEAC) and pegged to the Euro at the fixed rate of 655.957 XAF per 1 EUR. The CFA is theoretically subdivided into 100 centimes, though the centime is no longer in active use. Despite sharing the CFA name, the XAF and the West African XOF are not interchangeable: cross-border payments between the two zones require an FX conversion at the BEAC-BCEAO interbank rate. For mobile-money inflows to MTN MoMo Cameroon and Orange Money in the CEMAC zone, EUR-to-XAF flows benefit from the fixed peg, while USD and GBP flows must cross EUR before converting.

How to send Nigerian Naira to CEMAC zone

For transfers from Nigeria to CEMAC zone, the competitive options in 2026 are mobile-first remitters (Sendwave, LemFi, TapTap Send, Lemonade Finance), aggregators (Wise, WorldRemit, Remitly) and direct operator rails (MTN MoMo, Orange Money, M-Pesa Global). All-in cost depends on amount, receiving wallet and day. Compare options side by side on our CEMAC zone inbound transfer page.

Related pairs

FAQ

What is the NGN/XAF exchange rate today?
The indicative rate is 1 NGN = 0.424 XAF, updated 2026-06-22. This is an interbank mid-market reference; mobile money operators apply their own spread on top.
How much is 100 NGN in XAF?
100 NGN ≈ 42 XAF at the indicative rate. For 500 NGN: 212 XAF. Use the converter above to try other amounts.
What's the best way to send Nigerian Naira to CEMAC zone?
For NGN to CEMAC zone transfers, compare Sendwave, LemFi, WorldRemit, TapTap Send, Wise and the local mobile money operators. The all-in cost depends on the amount and the receiving wallet; see our CEMAC zone inbound transfer comparison for current side-by-side pricing.
Is the Franc CFA a stable currency?
The Central African CFA Franc (XAF, FCFA) is the official currency of the six CEMAC member states — Cameroon, Chad, Central African Republic, Congo-Brazzaville, Equatorial Guinea and Gabon. It is issued by the Bank of Central African States (BEAC) and pegged to the Euro at the fixed rate of 655.957 XAF per 1 EUR.
Why is the rate I see on my mobile money operator different?
The rate shown here is an indicative interbank mid-market reference. Operators (Sendwave, M-Pesa, MTN MoMo, LemFi, etc.) add a 1%-4% spread on top of this mid-market to cover their risk and operational cost. This is normal and consistent with market practice.

Rates shown on this page are indicative interbank reference rates updated daily. Operator send rates typically include a 1%-4% spread above this reference, which covers FX hedging cost, settlement risk and commercial margin. For exact send rates via M-Pesa, MTN MoMo, Sendwave, LemFi, WorldRemit, Wise or TapTap Send to CEMAC zone, see the inbound transfer comparison.