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Send money from Nigeria to Ivory Coast
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
The best way to send NGN to Ivory Coast is to use cash transfer via MoneyGram
We’ve analysed 100s of money transfer companies, and found that the overall coverage of NGN/XOF transfers is very limited for online transfers.
This is why we suggest sending cash as an alternative, using MoneyGram.
The transfer fees depend on which branch you use and how much you send, but overall you can expect to pay around 3 NGN for a 360,000 NGN transfer.
Depending on where you are, we suggest checking MoneyGram to see what deposit methods you have available.
In many cases you can deposit NGN online and the recipient in Ivory Coast will need to visit a branch to pick up XOF.
How to get the best deal on your Nigeria to Ivory Coast money transfer
Always compare rates
Don't pay more than you have to. Use our live comparison tool to get the best exchange rates on sending money from Nigeria to Ivory Coast.
Choose a provider
Select the provider that offers you the best value and timeframes for transfers between Nigeria and Ivory Coast.
Click, sign up & send
Follow the steps & make your transfer to Ivory Coast. Your funds will be sent from Nigeria and converted into CFA Franc BCEAO.
Summary of recent searches
Understanding Nigeria to Ivory Coast money transfers
Comparing providers
Comparing providers when sending money from Nigeria to Ivory Coast is the easiest way to make a transfer at the best price.
We’ve compared 2 providers for sending Naira to Ivory Coast. This ensures you will get the best options for your transfer to Ivory Coast from Nigeria.
We rate MoneyGram Agent as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Ivory Coast.
Get ahead of the Naira-CFA Franc BCEAO exchange rate
Choosing the right payment method
Financial regulators in Nigeria and Ivory Coast
Consider transfer limits
Receiving money in Ivory Coast
Have your ID ready
Tax declarations
The cheapest way to send money from Nigeria to Ivory Coast is a cash transfer via MoneyGram.
The cheapest way to send money to Ivory Coast from Nigeria is via a cash transfer through a MoneyGram Agent.
While cash transfers are usually more expensive than online options, our analysis of hundreds of money transfer companies shows that very few services currently support NGN/XOF transfers online.
The total cost of your transfer includes both the transfer fee (around 3 NGN per 360,000 NGN) and an exchange rate markup.
Ultimately, the exact price will depend on your location, payment method, and transfer amount.
The cheapest way to to send money to Ivory Coast from Nigeria is via PayPal P2P Transfer
The coverage of NGN/XOF transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a NGN transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).
Transfer a large amount of money
MoneyGram Agent is the strongest option for large transfers of the 2 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Nigeria to Ivory Coast can become expensive through your bank or with the wrong provider.
Our data shows MoneyGram Agent as the best choice for sending large sums of money to Ivory Coast from Nigeria.
Understanding the costs involved when transferring money to Ivory Coast from Nigeria
When calculating the cost of sending money from Nigeria to Ivory Coast, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current NGN-XOF mid-market rate is 0.3921 XOF per Naira. Finding a provider as close to this number as possible will ensure more CFA Franc BCEAO for your money.
As a comparison, the NGN-XOF mid-market rate for the past week has averaged 0.3915 XOF per Naira, hitting a high of 0.3921 and a low of 0.39.
MoneyGram Agent is currently offering the best exchange rate on transfers between Nigeria and Ivory Coast.
Often the NGN-XOF exchange rate you receive will be the biggest factor impacting the cost of sending Naira to Ivory Coast.
Fees: Transfer fees are charged on top of a transfer. MoneyGram Agent currently offers lowest fees of 3 NGN. Although we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in CFA Franc BCEAO is the biggest indicator in the total cost of sending money to Nigeria from Ivory Coast. The higher the total amount received in Ivory Coast, the lower the cost of sending from Nigeria.
How to find the best exchange rate for Naira to CFA Franc BCEAO
Timing is essential for sending money between NGN and XOF. The exchange rate you secure impacts how much XOF you get for your NGN.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from NGN to XOF has seen some fluctuation. On average, it stood at 0.3915.
During this period, the highest value recorded was 0.3921, while the lowest was 0.39.
MoneyGram Agent, which is our recommended service to send money online from Nigeria to Ivory Coast offers an exchange rate that is only 5% above the mid-market rate.
Want to secure the best NGN-CFA Franc BCEAO exchange rates?
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Payment methods available to fund your Nigeria to Ivory Coast transfer
Bank transfers
Bank transfers are often the default option for sending money from Nigeria to Ivory Coast.
By using a money transfer company such as MoneyGram Agent for transfers from Nigeria to Ivory Coast, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, MoneyGram Agent is the cheapest provider for bank transfers from the 2 we tested when sending NGN to Ivory Coast.
With a fee of NGN3 to send money from Nigeria to Ivory Coast, MoneyGram Agent offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Nigeria to Ivory Coast with a debit or a prepaid card is very simple with MoneyGram Agent.
MoneyGram Agent is a leader in debit card payments for transfers from Nigeria to Ivory Coast, competing among a total of 2 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Nigeria to Ivory Coast, we recommend comparing your options to get the best deal.
Not many companies offer direct credit card deposits, and usually, it means taking a cash advance and using that for the deposit, which ends up more expensive.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Ivory Coast and Nigeria.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Nigeria to Ivory Coast.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to XOF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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