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Compare today's XOF to NGN (CFA Franc BCEAO to Nigerian Naira) exchange rates

Cameroon
Nigeria
XOF
Interbank Exchange Rate: 1 XOF = 2.5494 NGN
Updated about 1 hours ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 XOF =
2 499.90 NGN
Transfer Limit (XOF): No Limits
Indicative Rate1 XOF = 2.4999 NGN

📢 B2B transfers only

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about CFA Franc BCEAO to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from Cameroon to Nigeria. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) to Nigerian Naira (NGN) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Cameroon to Nigeria.

The best rate to send Nigerian Naira from CFA Franc BCEAO to your loved ones in Nigeria is currently offered by Verto; their 1 XOF to NGN exchange rate today is 2.4999.

Were you looking to send money from Nigeria to Cameroon instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest XOF to NGN Conversion Rates

Here are some latest XOF to NGN (CFA Franc BCEAO to Nigerian Naira) exchange rates for popular conversion amounts*.

1 XOF2.55 NGN
5 XOF12.75 NGN
10 XOF25.49 NGN
25 XOF63.74 NGN
50 XOF127.47 NGN
100 XOF254.94 NGN
150 XOF382.41 NGN
200 XOF509.88 NGN
250 XOF637.35 NGN
300 XOF764.82 NGN
400 XOF1,019.76 NGN
500 XOF1,274.70 NGN
600 XOF1,529.64 NGN
700 XOF1,784.58 NGN
800 XOF2,039.52 NGN
1,000 XOF2,549.40 NGN
1,500 XOF3,824.10 NGN
2,000 XOF5,098.80 NGN
2,500 XOF6,373.50 NGN
3,000 XOF7,648.20 NGN
4,000 XOF10,197.60 NGN
5,000 XOF12,747.00 NGN
10,000 XOF25,494.00 NGN
15,000 XOF38,241.00 NGN
20,000 XOF50,988.00 NGN
30,000 XOF76,482.00 NGN
40,000 XOF101,976.00 NGN
50,000 XOF127,470.00 NGN
100,000 XOF254,940.00 NGN

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Cameroon to Nigeria?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Cameroon to Nigeria. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer CFA Franc BCEAO to NGN.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send XOF to NGN in Nigeria. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Nigeria from Cameroon. We provide you with maximum choices to send money to Nigeria by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Cameroon to Nigeria?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Nigeria from Cameroon.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XOF to Nigerian Naira remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for XOF to NGN remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money from Cameroon to Nigeria?

One of the most important things to watch out for is hidden fees when sending money to Nigeria from Cameroon. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Nigeria using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Nigerian Naira foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best XOF to Nigeria exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Nigeria from Cameroon.


Should I use my bank to transfer money from Cameroon to Nigeria?

We do not recommend using your local bank in Cameroon for your next XOF to NGN overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Cameroon to Nigeria (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending NGN to Nigeria. These companies will let you use your local bank account in Cameroon to pay for your Nigeria money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Nigeria from Cameroon fast?

The speed of your CFA Franc BCEAO to Nigerian Naira funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert XOF to NGN. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Nigeria from Cameroon is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Nigeria if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout NGN into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Cameroon bank to Nigeria bank transfer.


Which are the best money transfer companies to send money from Cameroon to Nigeria?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Cameroon to Nigeria, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best CFA Franc BCEAO to Nigerian Naira exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your NGN money transfers to Nigeria. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Nigeria getting more money for every CFA Franc BCEAO you send.


Step by step guide to do a money transfer from Cameroon to Nigeria

The first step to send money to Nigeria from Cameroon is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your XOF to NGN overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Nigeria if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Cameroon bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Nigeria!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Cameroon to Nigeria.