Do you want to know the current exchange rate of West African CFA Franc to Nigerian Naira? If so, we have updated the official CFA Franc to Naira exchange rate today as well as the current exchange rate at the parallel market. Read on to see the conversion rate for these currencies.
Are you considering traveling? Or do you want to carry out some online transactions but are unsure about the exchange rate? If you are traveling abroad or doing some online transactions, then it’s good to know what the exchange rate is.
The exchange rate between the Nigerian Naira and the West African CFA Franc is important to know especially when it comes to the Aboki fx XOF to naira rate.
In this web page, we have revealed every detail and other related information you may wish to know about the NGN to CFA exchange rate and the current exchange rate for Naira to CFA Franc, both the official conversion rate which is the CBN rate and the black market exchange rate.
You convert your West African CFA Franc (CFA) to Naira (₦) at this rate or change your Naira to CFA Franc at the parallel market or the latest black market rate.
We compare the CFA Franc and the Naira Bank rate vs. the Aboki FX rate. So read on to see the Aboki FX rate today and the real mid-market exchange rate. This article is updated from time to time based on current market data.
- West African CFA Franc to Naira Aboki FX
- West African CFA Franc to Naira today
- West African CFA Franc to Naira bank rate today
- West African CFA Franc to Naira black market today
- West African CFA Franc to Naira today parallel market
West African CFA Franc to Naira Today Exchange Rate
When compared to other major currencies, the Nigerian currency has devalued in recent years. The exchange rate between the West African CFA Franc and the Nigerian naira is changing continually.
Over the past few months, the rate has been trending downward. As the market ebbs and flows, it still remains relatively low when looking at the exchange rates for today’s date.
So how much is the CFA Franc to Naira exchange rate at the black market (parallel market) and the aboki fx? Below is the real exchange rate for the West African CFA Franc (CFA) to Naira today.
West African CFA Franc to Naira Black Market Rate Today
We give you the real conversion rate in order for you to make huge savings on your international money transfers. The current black market rate of the West African CFA Franc to the Nigerian naira is shown below.
As of today, Naira trades at NGN1,480 per 1 CFA at parallel market as abokiFX clears forex information. Please note that the Central Bank of Nigeria does not recognize the black market (parallel market) and recommends individuals interested in Forex to contact their respective banks before carrying out their transactions.
West African CFA Franc to Naira CBN Exchange Rate
As of today, the exchange rate of the West African CFA Franc to Naira black market is different from the CBN exchange rate and other commercial banks.
The CBN exchange rate is the rate at which you can sell or purchase CFA Franc for Naira on the official Central Bank of Nigeria website at www.cbn.gov.ng.
The black market exchange rate for West African CFA Franc (CFA) is always higher than the Central Bank of Nigeria (CBN) exchange rate.
As of today, 1 West African CFA franc equals 1.27 Nigerian Naira.
As previously stated, the naira fluctuates in value against other currencies on a daily basis. So, before making any online purchases, constantly check back for the current exchange rate.
If you have questions regarding today’s exchange rate, feel free to use the Contact Us page and we will respond to your request. Once again, keep checking back to confirm the current exchange rate.