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Overall best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Central African Republic to Nigeria searches, and was the top rated company out of 2 that support XAF to NGN.
So for a great mix of cost, speed & features, make your Central African Republic to Nigeria transfer using Wise.
How to get the best deal on your Central African Republic to Nigeria transfer
Summary of recent searches
Important things to consider before sending money from Central African Republic to Nigeria
Don't settle for the first option. Always compare ways to send money from Central African Republic to Nigeria to find out about fees, speed, and reliability.
Our analysis included 2 providers that operate between Central African Republic and Nigeria.
Through this, you get a comprehensive view of all the options you have in Central African Republic when you need to send money to Nigeria.
Cheapest way to send money to Nigeria from Central African Republic: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
The FCFA0.44 transfer cost represents the most common fee for XAF to NGN international transfers, based on data from the past six months.
If you want to secure the best rates on a XAF to Nigeria transfer, make sure you pick Wise to send your money online.
*The most common fee applied to XAF-NGN by Wise, based on data from the past six months.
Fastest way to send money from Central African Republic to Nigeria: Wise
Our data shows that Wise came up as the fastest way to send money from Central African Republic to Nigeria in 100% of searches. This makes them well suited to urgent XAF to NGN money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Central African Republic to Nigeria - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Wise is your best choice at the moment. This service emerged as the quickest way to send money to Nigeria from Central African Republic in 100% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Wise.
While Wise may not always be the cheapest or fastest way to send XAF from Central African Republic to Nigeria, it’s the provider that will keep you safe and relaxed while your money moves into NGN.
Understanding the costs involved when moving money from Central African Republic to Nigeria
When calculating the costs of money transfers between Central African Republic and Nigeria, here's what really matters:
The Mid-Market Rate: Today, the XAF-NGN mid-market rate equals to 2.137472 NGN per CFA Franc BEAC.
The XAF-NGN average exchange rate for the past three months has been 2.0919 NGN per CFA Franc BEAC, with a high of 2.6942 and a low of 1.2663.
When looking to send money, we'd recommend Wise. On average Wise is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from XAF to NGN.
How to find the best exchange rate for CFA Franc BEAC to Naira
Timing is essential for sending money between XAF and NGN. The exchange rate you secure impacts how much NGN you get for your XAF.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from XAF to NGN has seen some fluctuation. On average, it stood at 2.0919.
During this period, the highest value recorded was 2.6942, while the lowest was 1.2663.
Wise, which is our recommended service to send money online from Central African Republic to Nigeria offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best XAF-Naira exchange rates?
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Payment methods available to fund your Central African Republic to Nigeria transfer
Bank transfers
Bank transfers are often the default option for sending money from Central African Republic to Nigeria.
By using a money transfer company such as Wise for transfers from Central African Republic to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 2 we tested when sending XAF to Nigeria.
With an average fee of XAF3.44 to send money from Central African Republic to Nigeria, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Central African Republic to Nigeria with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Central African Republic to Nigeria, competing among a total of 2 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Central African Republic to Nigeria, Wise emerges as our top choice of the 2 companies offering this service.
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 Nigeria and Central African Republic.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Central African Republic to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send XAF to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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