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Companies for transfers from Senegal to Nigeria
"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."
Overall best way: Ria Money Transfer
We tested & reviewed 5 transfer providers, and Ria Money Transfer scored highly.
In the last six months, Ria Money Transfer appeared in 83.7% of Senegal to Nigeria searches, and was the top rated company supporting payments Senegal into Naira.
So for a great mix of cost, speed & features, make your Senegal to Nigeria transfer using Ria Money Transfer.
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
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 5 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.
Cheapest way to send money to Nigeria from Senegal: Ria Money Transfer
Data collected through our comparison over the past six months shows that Ria Money Transfer is 0% cheaper than the second-best option.
The cost is made up of an average fee of 4* XOF and an exchange rate for buying Naira with CFA Franc BCEAO that is 2.8% different to the mid-market rate.
If you want to secure the best rates on a Senegal to Nigeria transfer, Ria Money Transfer offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to XOF-NGN by Ria Money Transfer, based on data from the past six months.
Fastest money transfers from Senegal to Nigeria: Ria Money Transfer.
Through our comparison, we found Ria Money Transfer to be the fastest option to transfer money from Senegal to Naira in 89.9% of instances.
Over the last six months, sending money from Senegal to Nigeria through Ria Money Transfer have an average fee of 4 XOF.
Ria Money Transfer was one of 5 money transfer providers we compared for overall speed of sending money from Senegal to Nigeria. This speed test included depositing CFA Franc BCEAOs to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Ria Money Transfer is our best choice for sending from Senegal to Nigeria.
Sending a large amount of money?
Of the 5 providers compared, Ria Money Transfer is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Ria Money Transfer 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 2.4635 NGN per CFA Franc BCEAO.
Finding a provider offering an exchange as close to 2.4635 as possible will ensure more Naira received when transferring.
For context, the XOF-NGN mid-market rate for the past three months has averaged 2.6725 NGN per CFA Franc BCEAO. This includes a high of 4.8469, and low of 2.341.
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, averaging 4 XOF over the last 6 months. 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 six months, the average numbers are:
The exchange rate from XOF to NGN averaged 2.6725 NGN.
The highest value recorded was 4.8469 NGN, while the lowest was 2.341 NGN.
5 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 5 we compared when sending XOF to Nigeria.With an average 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 Instarem.
Instarem is a leader in debit card money transfers from Senegal to Nigeria. They are the best option of the 5 transfer companies compared.
Credit cards
When it comes to credit card transfers from Senegal to Nigeria, Instarem is the top choice of the 5 companies offering this service.
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 document.
Money transfer company reviews
