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Send money from Senegal to Nigeria
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"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."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Overall best way: Western Union Agent
We tested & reviewed 4 transfer providers, and Western Union Agent scored highly.
Sending 141,650 XOF to NGN will cost you CFA3 in fees, and you will receive 345,067.5 NGN. The delivery time is minutes - 5 days, but it depends on the day you make the transfer.
So for a great mix of cost, speed & features, make your Senegal to Nigeria transfer using Western Union Agent.
How to send money from Senegal to Nigeria
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you get the best rates on converting into Naira from Senegal.
Choose a provider
Select the provider offering the best way to send to Nigeria based on your needs.
Click, sign up & send
Follow the steps & make your transfer. Your Naira will soon be on their way to Nigeria.
Summary of recent searches
What to consider ahead of money transfers from Senegal to Nigeria
Compare providers
Comparing based on your specific needs is the best way to send money from Senegal to Nigeria with confidence.
Our analysis, and search results, include 4 providers that operate between Senegal and Nigeria. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in Senegal when you need to send money to Nigeria.
Understand the CFA Franc BCEAO-Naira exchange rate
Choose the right payment method
Use providers regulated in Senegal and Nigeria
Consider transfer limits
Receiving money in Nigeria
Have your ID ready
Don't forget about taxes
The fastest way to send money to Nigeria from Senegal is by sending cash
Cash transfers are almost instant in most cases.
However, in some cases, it can take a few days to process, depending on your branch, how much you are sending, and the deposit method you use.
Considering there aren’t many XOF/NGN transfer options available, this is by far the fastest way to do it.
The cheapest way to to send money to Nigeria from Senegal is via PayPal P2P Transfer
The coverage of XOF/NGN 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 XOF 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).
Sending a large amount of money?
Of the 4 providers compared, Western Union Agent is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Western Union Agent may not always be the fastest or cheapest way to send money from Senegal to Nigeria, it's a great provider for things like buying or selling property.
Understanding the cost of sending money to Nigeria from Senegal
The cost of sending money from Nigeria to Nigeria, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from XOF-NGN is 2.5534 NGN per CFA Franc BCEAO.
Finding a provider offering an exchange as close to 2.5534 as possible will ensure more Naira received when transferring.
For context, the XOF-NGN mid-market rate for the past 7 days has averaged 2.555 NGN per CFA Franc BCEAO. This includes a high of 2.5643, and low of 2.5481.
Ria Money Transfer currently offers the best exchange rate on transfers from Senegal to Nigeria.
For the most part the XOF-NGN exchange rate you receive is the biggest factor impacting the cost of sending XOF to Nigeria.
Fees: Outside of exchange rates, you may need to pay a fee to send. Ria Money Transfer currently offers the lowest fees on transfers to Nigeria from Senegal. They charge 4 XOF per transfer.
Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Naira is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging CFA Franc BCEAOs to NGN, paired with a low fee, means a higher total amount received in Nigeria.
Track the exchange rate for CFA Franc BCEAO to Naira
Sending money at the right time between XOF and NGN can make a huge difference to overall cost. The exchange rate impacts how much NGN you get for your XOF.
Over the last 7 days, the average numbers are:
The exchange rate from XOF to NGN averaged 2.555 NGN.
The highest value recorded was 2.5643 NGN, while the lowest was 2.5481 NGN.
4 providers currently offer transfers between Senegal and Nigeria close to this rate
Want to secure the best XOF-Naira exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Senegal to Nigeria!
Payment options for transfers from Senegal to Nigeria
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Senegal to Nigeria.
Using a money transfer company such as Ria Money Transfer for payments from Senegal to Nigeria, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
Ria Money Transfer is the best money transfer provider for bank transfers of the 4 we compared when sending XOF to Nigeria.With a fee of 4 XOF to transfer money from Senegal to Nigeria, Ria Money Transfer offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Senegal to Nigeria is easy with Western Union Agent.
Western Union Agent is a leader in debit card money transfers from Senegal to Nigeria. They are the best option of the 4 transfer companies compared.
Credit cards
Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.
We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.
Fee alert: using a credit card to transfer money internationally 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 Senegal.
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 Senegal to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send XOF to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
