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Find the best ways to transfer money from Nigeria to Senegal

Compare the best deals on transfers from Nigeria to Senegal. Explore the cheapest, fastest, and most reliable providers with the best NGN to XOF exchange rates.

Read on for the insights and in-depth analysis, and all you need to send money to Senegal from Nigeria.

Transferring the other way? Send XOF from Senegal to Nigeria instead.
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Our recommendation: Airwallex

Airwallex is our top choice for NGN to XOF transfers.

We tested & reviewed 5 money transfer providers offering money transfers from Nigeria to Senegal, and Airwallex scored highly.

In total, Airwallex appeared in 58.3% 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 Airwallex.

Visit Airwallex

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.

    Always compare ratesAlways compare rates
  • Choose a provider

    Select the provider that offers you the best value & service for transfers between Nigeria and Senegal.

    Choose a providerChoose a provider
  • Click, sign up & send

    Follow the steps & start your transfer. Your funds will soon be on their way to Senegal.

    Click, sign up & sendClick, sign up & send

Summary of recent searches

Top rated for transfers from Nigeria to Senegal
Airwallex
Total number of NG - SN providers
5
Average cheapest fees & rate
Airwallex
Average fastest transfer
Airwallex
Best for bank transfers
Airwallex

Sending money from Nigeria to Senegal considerations

1
Compare providers

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 Airwallex as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Senegal.

2
Get the most from the Naira-CFA Franc BCEAO exchange rate
3
Choose the right payment method
4
Financial regulations in Nigeria and Senegal
5
Consider transfer limits
6
How to receive money
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Senegal from Nigeria: Airwallex

Airwallex offers the cheapest combination of low fees and competitive exchange rates of the 5 providers we compared.

They offer an average fee of 0* NGN and exchange rate between NGN-XOF that is 0.01% different to the mid-market rate.

In comparison, Airwallex is 0.5% cheaper than the second-best option.

To secure affordable and great rates on a NGN to Senegal transfer, Airwallex is our recommended choice.

*The most common fee applied to NGN-XOF by Airwallex, based on data from the past six months.

Visit Airwallex

Fastest way to transfer money to Senegal from Nigeria: Airwallex.

Of 5 companies compared, Airwallex offers the quickest way to send Nairas to Senegal.

Through our data, we found Airwallex to be the fastest option for sending money from Nigeria into CFA Franc BCEAO in 61.5% of occasions. For fast NGN to XOF money transfers, Airwallex comes highly recommended.

Nigeria to Senegal transfers with Airwallex have an average fee of 0 NGN.

To test that Airwallex 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, Airwallex is our recommended choice for sending into Senegal from Nigeria.

Visit Airwallex

Send large sums of money

Transferring bigger amounts of money from Nigeria to Senegal should be done with the exchange rate and management of the service in mind.

Airwallex 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 Airwallex for sending large sums of money to Senegal from Nigeria.

Visit Airwallex

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 0.4059 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 three months has averaged 0.3722 XOF per Naira, hitting a high of 0.4528 and a low of 0.352.

  • Airwallex 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. Airwallex currently offers lowest fees, at an average of 0 NGN over the last 6 months. 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.

Mid-market Rate
1
= 0.407571 XOF

Let's dive into some interesting recent trends.

  • Over the past six months, the exchange rate from NGN to XOF has seen some fluctuation. On average, it stood at 0.3722.

  • During this period, the highest value recorded was 0.4528, while the lowest was 0.352.

  • Airwallex, which is our recommended service to send money online from Nigeria to Senegal offers an exchange rate that is only 0.01% 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 Airwallex 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. 



    Airwallex 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, Airwallex 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

    When it comes to credit card transfers from Nigeria to Senegal, 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 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

How much money can be transferred from Nigeria to Senegal?
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Can I send money from Nigeria to Senegal with MoneyTransfers.com?
What are the typical transfer fees for sending Nairas to Senegal through various providers?
How long does it take to send money from Nigeria to Senegal?
What is the best exchange rate I can get for sending money from Nigeria to Senegal?
Are there any minimum or maximum transfer amounts for sending money from Nigeria to Senegal?
Can I schedule regular transfers between Nigeria and Senegal?

Contributors

Keith Hodges
Author
Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Editor
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.