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Our recommendation: Moneycorp
We tested & reviewed 5 money transfer providers offering money transfers from Nigeria to Senegal, and Moneycorp scored highly.
In total, Moneycorp appeared in 100% of Nigeria to Senegal searches, and was the top rated company supporting transfers between NGN and XOF.
For a great mix of cost, speed & features, we recommend making your Nigeria to Senegal transfer using Moneycorp.
How to get the best deal on your Nigeria to Senegal transfer
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to get an overall cost of exchange rates and fees when sending money from Nigeria to Senegal.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Nigeria and Senegal.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Senegal.
Summary of recent searches
Sending money from Nigeria to Senegal considerations
A comparison of providers offering services between Nigeria and Senegal is the easiest way to ensure the best deal.
We've compared 5 providers that offer services for sending Naira to Senegal.
This ensures you will get the best options for your transfer to Senegal from Nigeria.
Whilst we rate Moneycorp as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Senegal.
Cheapest way to send money to Senegal from Nigeria:
They offer an average fee of 0* NGN and exchange rate between NGN-XOF that is % different to the mid-market rate.
In comparison, is 0% cheaper than the second-best option.
To secure affordable and great rates on a NGN to Senegal transfer, is our recommended choice.
*The most common fee applied to NGN-XOF by , based on data from the past 7 days.
Fastest way to transfer money to Senegal from Nigeria: Moneycorp.
Through our data, we found Moneycorp to be the fastest option for sending money from Nigeria into CFA Franc BCEAO in 100% of occasions. For fast NGN to XOF money transfers, Moneycorp comes highly recommended.
Nigeria to Senegal transfers with Moneycorp have an average fee of 0 NGN.
To test that Moneycorp was the 'fastest' option we compared 5 providers. With this, we compared overall speed of sending money from Nigeria to Senegal made up of depositing Nairas, to a money transfer account and transfer times to Senegal.
When sending at speed is a priority, Moneycorp is our recommended choice for sending into Senegal from Nigeria.
Send large sums of money
Moneycorp offers the strongest all round option for large transfers of the 5 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from CFA Franc BCEAO to CFA Franc BCEAO.
As such, opt for Moneycorp for sending large sums of money to Senegal from Nigeria.
Understanding the costs involved when transferring money to Senegal from Nigeria
When calculating the cost of sending money from Nigeria to Senegal, 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 0.3663 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 0.3938 XOF per Naira, hitting a high of 0.4299 and a low of 0.3561.
Moneycorp is currently offering the best exchange rate on transfers between Nigeria and Senegal.
Often the NGN-XOF exchange rate you receive will be the biggest factor impacting the cost of sending Naira to Senegal.
Fees: Transfer fees are charged on top of a transfer. Moneycorp currently offers lowest fees, at an average of 0 NGN over the last week. 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 Senegal. The higher the total amount received in Senegal, 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.
In the last week, the exchange rate from NGN to XOF has seen some fluctuation. On average, it stood at 0.3938.
During this period, the highest value recorded was 0.4299, while the lowest was 0.3561.
Moneycorp, which is our recommended service to send money online from Nigeria to Senegal offers an exchange rate that is only 2% above the mid-market rate.
Want to secure the best NGN-CFA Franc BCEAO exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Nigeria to Senegal!
Payment options for transfers from Nigeria to Senegal
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Nigeria to Senegal.
Using a money transfer company such as for payments from Nigeria to Senegal, 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.
is the best money transfer provider for bank transfers of the 5 we compared when sending NGN to Senegal.With an average fee of 0 NGN to transfer money from Nigeria to Senegal, offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Nigeria to Senegal is easy with .
is a leader in debit card money transfers from Nigeria to Senegal. They are the best option of the 5 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 Senegal 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 Senegal.
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 document.
Money transfer company reviews
