Send money overseas with WorldRemit to take advantage of bank-beating exchange rates

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

Nigeria
Gabon
NGN
Interbank Exchange Rate: 1 NGN = 0.3911 XOF
Updated about 1 hours ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 NGN =
388.90 XOF
Transfer Limit (NGN): No Limits
Indicative Rate1 NGN = 0.3889 XOF

📢 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 Nigerian Naira to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Nigeria to Gabon. Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to CFA Franc BCEAO (XOF) 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 Nigeria to Gabon.

The best rate to send CFA Franc BCEAO from Nigerian Naira to your loved ones in Gabon is currently offered by Verto; their 1 NGN to XOF exchange rate today is 0.3889.

Were you looking to send money from Gabon to Nigeria 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 NGN to XOF Conversion Rates

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

1 NGN0.39 XOF
5 NGN1.96 XOF
10 NGN3.91 XOF
25 NGN9.78 XOF
50 NGN19.56 XOF
100 NGN39.11 XOF
150 NGN58.67 XOF
200 NGN78.22 XOF
250 NGN97.78 XOF
300 NGN117.33 XOF
400 NGN156.44 XOF
500 NGN195.55 XOF
600 NGN234.66 XOF
700 NGN273.77 XOF
800 NGN312.88 XOF
1,000 NGN391.10 XOF
1,500 NGN586.65 XOF
2,000 NGN782.20 XOF
2,500 NGN977.75 XOF
3,000 NGN1,173.30 XOF
4,000 NGN1,564.40 XOF
5,000 NGN1,955.50 XOF
10,000 NGN3,911.00 XOF
15,000 NGN5,866.50 XOF
20,000 NGN7,822.00 XOF
30,000 NGN11,733.00 XOF
40,000 NGN15,644.00 XOF
50,000 NGN19,555.00 XOF
100,000 NGN39,110.00 XOF

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


What's the best way to send money from Nigeria to Gabon?

There are many good choices when it comes to sending money from Nigeria to Gabon. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Nigerian Naira to XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Gabon from Nigeria. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Nigerian Naira to CFA Franc BCEAO money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best exchange rate for your money transfers from Nigeria to Gabon?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Gabon.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Nigeria to Gabon transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your NGN to CFA Franc BCEAO money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


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

When you want to send money to Gabon from Nigeria, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your NGN to XOF money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Nigeria to Gabon. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Nigeria to Gabon exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send CFA Franc BCEAO overseas.


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

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low NGN to XOF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Nigeria to Gabon money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Gabon from Nigeria. They do this by letting you fund your transaction through your local bank account in Nigeria, and by allowing you to choose the payout to be your recipient's bank account in Gabon. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Nigeria to Gabon?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Nigeria to Gabon. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert NGN to XOF fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Nigerian Naira amount reaching Gabon. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush CFA Franc BCEAO quickly to Gabon, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money from Nigeria to Gabon?

Comparing money transfer companies for sending money to Gabon from Nigeria can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Gabon. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Nigerian Naira to CFA Franc BCEAO transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the CFA Franc BCEAO yield on every Nigerian Naira that you send.


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

With so many possible ways to transfer Nigerian Naira to CFA Franc BCEAO, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Nigeria to Gabon remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Nigeria and the receiver in Gabon. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your NGN to CFA Franc BCEAO money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.