LocalExchangeRates.com

Official Rate Sheet: West African CFA Franc (XOF) / Nigerian Naira (NGN)

Date generated:

Mid-Market Rate: 1 XOF = 2.2694 NGN

Real-Time Interbank Wholesale Feed: October 6, 2026

West African CFA Franc to Nigerian Naira Exchange Rate (XOF to NGN)

Real-time mid-market wholesale rate with zero retail markup. Check benchmark pricing before bank conversion or international wire transfer.

Bottom Line Up Front (BLUF): How much is 1,000 XOF in NGN?

1 XOF = 2.2694 NGN

At the current mid-market wholesale exchange rate, converting 1,000 West African CFA Franc (XOF) yields approximately 2,269.40 Nigerian Naira (NGN) (inverse rate: 1 NGN = 0.4406 XOF). This rate represents the pure interbank benchmark. Retail dealers and commercial banks typically apply a commercial spread between 1.5% and 3.5%. View live calculations, historical charts, and provider spreads below.

You Pay (Amount): XOF

You Receive (Estimate): NGN

Wycena na podstawie średniego kursu międzybankowego (0,00% marży)

Kurs rynkowy: 1 XOF = 2.2694 NGN

Kurs odwrotny: 1 NGN = 0.4406 XOF

Status danych: Live Data (Redis)

Looking for reverse calculation? Check NGN to XOF (Nigerian Naira to West African CFA Franc) Live Converter →

XOF to NGN Real-Time & Historical Rate Chart

Track historical volatility and key price support levels for West African CFA Franc against Nigerian Naira

Period High

2.2966 NGN

Period Low

2.2422 NGN

Volatility / Avg

2.2694 NGN

Mid-Market Trend

+0.25%

30-Day Range (1M) Position: 50% range

Min: 2.2422 NGN

Max: 2.2966 NGN

52-Week Range (1Y) Current Position: 65% Range

Min: 2.1900 NGN

Max: 2.3488 NGN

Standard Denomination Conversion Matrix (XOF & NGN)

Wholesale interbank rate matrix with zero retail markup or hidden fees.

West African CFA Franc → Nigerian Naira (XOF / NGN)

Wholesale Benchmark

West African CFA Franc (XOF)	Nigerian Naira (NGN)
1 XOF	2.27 NGN
5 XOF	11.35 NGN
10 XOF	22.69 NGN
25 XOF	56.74 NGN
50 XOF	113.47 NGN
100 XOF	226.94 NGN
200 XOF	453.88 NGN
250 XOF	567.35 NGN
500 XOF	1,134.70 NGN
1,000 XOF	2,269.40 NGN
2,500 XOF	5,673.50 NGN
5,000 XOF	11,347.00 NGN
10,000 XOF	22,694.01 NGN

Nigerian Naira → West African CFA Franc (NGN / XOF)

Wholesale Benchmark

Nigerian Naira (NGN)	West African CFA Franc (XOF)
1 NGN	0.44 XOF
5 NGN	2.20 XOF
10 NGN	4.41 XOF
25 NGN	11.02 XOF
50 NGN	22.03 XOF
100 NGN	44.06 XOF
200 NGN	88.13 XOF
250 NGN	110.16 XOF
500 NGN	220.32 XOF
1,000 NGN	440.64 XOF
2,500 NGN	1,101.61 XOF
5,000 NGN	2,203.22 XOF
10,000 NGN	4,406.45 XOF

Provider / Channel	XOF/NGN Effective Exchange Rate	Estimated Fee	Estimated Received (NGN)	Effective Difference
⚡ LocalExchangeRates Interbank Wholesale (Pure Benchmark)	2.2694 NGN	0.00%	11,347.00 NGN	Benchmark (0%)
🏦 Major Commercial High-Street Banks Standard bank wire / counter transfer	2.1900 NGN	~3.50%	10,949.86 NGN	-397.15 NGN
✈️ Airport Currency Exchange Kiosks Airport terminal cash counters	2.0425 NGN	~10.00%	10,212.30 NGN	-1,134.70 NGN

1 XOF to NGN: West African CFA Franc to Nigerian Naira Exchange Guide

Searches for 1 XOF to NGN or convert XOF to NGN describe the amount of Nigerian Naira received per 1 West African CFA Franc. At today's wholesale baseline of 1 XOF = 2.2694 NGN (inverse: 1 NGN = 0.4406 XOF), understanding retail bank margins helps protect your funds:

🌏 International Transfers & Travel (West Africa (UEMOA) ↔ Nigeria)

Whether remitting money internationally or budgeting for travel, benchmark retail bank quotes against the wholesale mid-market rate to avoid excessive markups.

🏦 Commercial Bank Spreads

Major commercial banks typically add markups between 1.5% and 3.5% on foreign currencies, whereas digital multi-currency accounts operate with tighter margins.

📈 Monetary Policy Drivers

Interest rate decisions and monetary policies set by Central Bank of West African States (BCEAO) and Central Bank of Nigeria (CBN) shape the medium-to-long term valuation of XOF/NGN.

XOF and NGN Currency Profiles

Official monetary framework, central bank governance, and banknote specifications for West Africa (UEMOA) and Nigeria.

How the XOF to NGN Exchange Rate Works

Foreign exchange transactions between West Africa (UEMOA) (XOF) and Nigeria (NGN) trade continuously on global wholesale interbank currency markets. The mid-market rate represents the exact mathematical midpoint between institutional buy (bid) and sell (ask) quotes without retail dealer markups.

Key considerations when converting or transferring between XOF and NGN:

Banking Channel Selection: Digital banking transfers and specialized multi-currency accounts generally offer exchange margins of 0.2% to 0.8%, whereas airport physical cash booths frequently charge 8% to 12% over the interbank baseline.
Central Bank Oversight & Policy: Monetary policy decisions, policy interest rate differentials, and currency reserves managed by Central Bank of West African States (BCEAO) and Central Bank of Nigeria (CBN) serve as the primary long-term drivers for this currency pair.
Customs Cash Declaration Thresholds: Travelers carrying banknotes or negotiable instruments between West Africa (UEMOA) and Nigeria exceeding equivalent to 10,000 USD or EUR are legally required to file written declarations with border authorities.
Avoid Dynamic Currency Conversion (DCC): When using payment cards abroad or withdrawing cash from ATMs, always elect to be billed in the local currency (NGN) rather than your home billing currency to bypass costly DCC conversion markups.

LocalExchangeRates aggregates real-time wholesale interbank benchmarks to provide users with transparent, independent currency valuation.

Frequently Asked Questions: West African CFA Franc to Nigerian Naira Conversion

Common questions regarding West African CFA Franc to Nigerian Naira conversion, bank spreads, and transfer costs.

How much is 1,000 XOF in NGN today?

At the current mid-market exchange rate (1 XOF = 2.2694 NGN), 1,000 West African CFA Franc equals approximately 2,269.40 Nigerian Naira. Retail exchange bureaus and commercial banks typically apply a 1.5% to 3.5% transaction spread.

Where can I get the best exchange rate for West African CFA Franc?

To secure the best rates, avoid airport currency kiosks which routinely apply markups exceeding 8% to 12%. Converting currency at major commercial banks or using a low-fee multi-currency card typically delivers the closest rate to the mid-market benchmark.

Are there cash declaration limits when traveling with XOF?

Most international customs jurisdictions mandate a formal declaration when carrying physical cash or negotiable instruments exceeding the equivalent of 10,000 USD or EUR. Check with local customs authority (Central Bank of West African States (BCEAO)) prior to departure.

Does the exchange rate fluctuate during weekends?

Global interbank foreign exchange markets close on Friday evening (5:00 PM EST) and reopen on Sunday evening. Over the weekend, rates remain static at the Friday close, though retail providers may widen spreads to offset volatility risks.

How is the mid-market exchange rate calculated?

The mid-market exchange rate is the exact midpoint between global wholesale institutional buy (bid) and sell (ask) quotes. It serves as the global benchmark without any added retail broker or banking markup.