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Overall best way: Moneycorp
We tested & reviewed 6 transfer providers, and Moneycorp scored highly.
In the last six months, Moneycorp appeared in 50% of Togo to Nigeria searches, and was the top rated company supporting payments Togo into Naira.
So for a great mix of cost, speed & features, make your Togo to Nigeria transfer using Moneycorp.
How to send money from Togo 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 Togo.
- 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
Considerations for money transfers from Togo to Nigeria
Comparing providers offering services between Togo and Nigeria, based on your specific needs is the best way to send money with confidence.
Our comparison includes 6 companies that provide the ability to send CFA Franc BCEAO to Nigeria.
This ensures you get the best options for transfers to Nigeria from Togo, based on the amount you want to send.
Cheapest way to send money to Nigeria from Togo: Moneycorp
Data collected through our comparison over the past six months shows that Moneycorp is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* XOF and an exchange rate for buying Naira with CFA Franc BCEAO that is 1.87% different to the mid-market rate.
If you want to secure the best rates on a Togo to Nigeria transfer, Moneycorp 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 Moneycorp, based on data from the past six months.
Fastest money transfers from Togo to Nigeria: Moneycorp.
Through our comparison, we found Moneycorp to be the fastest option to transfer money from Togo to Naira in 83.3% of instances.
Over the last six months, sending money from Togo to Nigeria through Moneycorp have an average fee of 0 XOF.
Moneycorp was one of 6 money transfer providers we compared for overall speed of sending money from Togo 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, Moneycorp is our best choice for sending from Togo to Nigeria.
Sending large amounts of money
Of the 6 companies compared, Moneycorp has the strongest option for large transfers from Togo to Nigeria.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from CFA Franc BCEAO to Naira.
The Moneycorp rate makes them great for large transfers between Nigeria and Togo.
Understanding the cost of sending money to Nigeria from Togo
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 2.6801 NGN per CFA Franc BCEAO. This includes a high of 4.8469, and low of 2.2083.
Moneycorp currently offers the best exchange rate on transfers from Togo 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. Moneycorp currently offers the lowest fees on transfers to Nigeria from Togo, averaging 0 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.
Finding the best exchange rate for CFA Franc BCEAO to Naira
Timing is essential for sending money between XOF and NGN. The exchange rate you secure impacts how much NGN you get for your XOF.
Over the last six months, here’s what we’ve seen:
The exchange rate from XOF to NGN averaged 2.6801 NGN.
The highest value recorded was 4.8469 NGN, while the lowest was 2.2083 NGN.
There are currently 6 providers offering transfers between Togo 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 Togo to Nigeria!
Payment methods for Togo to Nigeria transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Togo to Nigeria.
By opting for a money transfer company such as Moneycorp for transfers from Togo to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Moneycorp is the cheapest provider for bank transfers from the 6 we tested when sending XOF to Nigeria.
With an average fee of XOF0 to send money from Togo to Nigeria, Moneycorp offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from Togo to Nigeria is easy with Instarem.
Instarem is a market leader in debit card payments for transfers from Togo to Nigeria, this is among a total of 6 money transfer companies compared.
Credit cards transfers
When it comes to sending money with a credit card from Togo to Nigeria, emerges as our top choice of the 6 companies offering this service.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Togo.
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 Togo 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
