🇸🇳 XOF to 🇳🇬 NGN — Franc CFA (FCFA) to Nigerian Naira Rate Today
Live indicative interbank rate, June 2026. Updated daily at 01:00 UTC.
Convert Franc CFA to Nigerian Naira using the live indicative interbank rate and the converter below. Covers the cost of sending to Nigeria via the major mobile money apps.
XOF to NGN rate change
Rate tracking started 5 June 2026. Longer windows fill in as history grows.
Change in the XOF→NGN rate. + means the Nigerian Naira weakened against the Franc CFA; − means it strengthened.
Currency converter
XOF → NGN conversion table
| XOF | NGN |
|---|---|
| 500 | 1,195.00 |
| 1,000 | 2,390.00 |
| 2,000 | 4,780.00 |
| 5,000 | 11,950.00 |
| 10,000 | 23,900.00 |
| 25,000 | 59,750.00 |
| 50,000 | 119,500.00 |
| 100,000 | 239,000.00 |
| 250,000 | 597,500.00 |
| 500,000 | 1,195,000.00 |
| 1,000,000 | 2,390,000.00 |
Table computed at the indicative rate of 1 XOF = 2.39 NGN. Real operator-side values include a 1%-4% spread.
Franc CFA to Nigerian Naira exchange rate history
What moves the Franc CFA rate
The West-African CFA franc is pegged to the euro at a fixed 655.957 since 1999, guaranteed by the French Treasury. The rate therefore does not move against the euro; against the dollar it tracks EUR/USD mechanically.
About the Franc CFA
The West African CFA Franc (XOF, FCFA) is the official currency of the eight UEMOA member states — Senegal, Côte d'Ivoire, Mali, Burkina Faso, Benin, Togo, Niger and Guinea-Bissau. It is issued by the Central Bank of West African States (BCEAO) and pegged to the Euro at the fixed rate of 655.957 XOF per 1 EUR — the same parity as the Central African XAF, though the two are not interchangeable. The fixed peg has held continuously since the Euro's launch in 1999. Since 30 September 2025, BCEAO's PI-SPI regional instant-payment system has made individual transfers free and instant across all 8 UEMOA wallets, dramatically reducing the cost of remitting XOF within the union for ordinary users. EUR-XOF flows from the French, Belgian and Italian diaspora are by far the largest UEMOA inbound route.
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.
How to send Franc CFA to Nigeria
For transfers from WAEMU zone to Nigeria, 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 Nigeria inbound transfer page.
Related pairs
FAQ
What is the XOF/NGN exchange rate today?
How much is 100 XOF in NGN?
What's the best way to send Franc CFA to Nigeria?
Is the Nigerian Naira a stable currency?
Why is the rate I see on my mobile money operator different?
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 Nigeria, see the inbound transfer comparison.