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

Nigeria
Togo
NGN

Interbank Exchange Rate: 1 NGN = 0.4061 XOF
Updated about 1 hours ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 NGN =
398.50 XOF
Transfer Limit (NGN): No Limits
Indicative Rate1 NGN = 0.3985 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 Togo. 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.

When making a money transfer to Togo from Nigeria, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Togo and their 1 NGN to XOF exchange rate today is 0.3985.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Nigeria.

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

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.

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.


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 NGN0.41 XOF
5 NGN2.03 XOF
10 NGN4.06 XOF
25 NGN10.15 XOF
50 NGN20.31 XOF
100 NGN40.61 XOF
150 NGN60.92 XOF
200 NGN81.22 XOF
250 NGN101.53 XOF
300 NGN121.83 XOF
400 NGN162.44 XOF
500 NGN203.05 XOF
600 NGN243.66 XOF
700 NGN284.27 XOF
800 NGN324.88 XOF
1,000 NGN406.10 XOF
1,500 NGN609.15 XOF
2,000 NGN812.20 XOF
2,500 NGN1,015.25 XOF
3,000 NGN1,218.30 XOF
4,000 NGN1,624.40 XOF
5,000 NGN2,030.50 XOF
10,000 NGN4,061.00 XOF
15,000 NGN6,091.50 XOF
20,000 NGN8,122.00 XOF
30,000 NGN12,183.00 XOF
40,000 NGN16,244.00 XOF
50,000 NGN20,305.00 XOF
100,000 NGN40,610.00 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 to Togo from Nigeria?

It can be very confusing when sending money from Nigeria to Togo given so many choices. Additionally, Nigerian Naira to XOF exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Nigeria to Togo as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Togo from Nigeria. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Nigerian Naira to CFA Franc BCEAO remittances.


How to get the best rate to transfer money to Togo from 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 Togo from Nigeria.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your NGN to CFA Franc BCEAO 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 NGN to XOF 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 transfer money from Nigeria to Togo?

Finding the cheapest way to send money from Nigeria to Togo might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer NGN to XOF via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Nigeria to Togo exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money from Nigeria to Togo through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Nigeria to Togo. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the NGN to XOF exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Nigeria bank for your Togo money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Nigeria to Togo fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Nigeria to Togo. 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 Togo. 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 Togo, 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 send money to Togo from Nigeria?

Comparing money transfer companies for sending money to Togo 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 Togo. 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 Togo

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 Togo 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 Togo. 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.