Our recommendation: Airwallex
We tested & reviewed 5 money transfer providers offering money transfers from Nigeria to Togo, and Airwallex scored highly.
In total, Airwallex appeared in 57.1% of Nigeria to Togo 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 Togo transfer using Airwallex.
How to get the best deal on your Nigeria to Togo money transfer
Understanding Nigeria to Togo money transfers
Comparing providers when sending money from Nigeria to Togo is the easiest way to make a transfer at the best price.
We’ve compared 5 providers for sending Naira to Togo. This ensures you will get the best options for your transfer to Togo from Nigeria.
We rate Airwallex as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Togo.
Cheapest way to send money to Togo from Nigeria: Airwallex
Data collected through our comparison over the past six months shows that Airwallex is 0.5% cheaper than the second-best option.
The cost is made up of an average fee of 0* NGN and an exchange rate for buying CFA Franc BCEAO with Naira that is 0% different to the mid-market rate.
If you want to secure the best rates on a Nigeria to Togo transfer, Airwallex offers value. We would still recommend searching for the amount you want to send to Togo.
*The most common fee applied to NGN-XOF by Airwallex, based on data from the past six months.
Fastest way to transfer money to Togo 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 Togo 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 Togo made up of depositing Nairas, to a money transfer account and transfer times to Togo.
When sending at speed is a priority, Moneycorp is our recommended choice for sending into Togo from Nigeria.
Transferring large sums of money
Of the 5 money transfer companies tested, Airwallex is the strongest option for large transfers from Nigeria to Togo.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Nigeria to Togo can become expensive through your bank or with the wrong provider.
Airwallex is our choice for sending large sums of money to NGN because they offer a strong all-round product.
Understanding the cost of sending money from Nigeria to Togo
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Nigeria to Togo.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more CFA Franc BCEAO for your Naira. The current NGN-XOF mid-market rate is 0.4076 XOF per Naira.
This rate changes regularly so it can pay to track it. For comparison, the NGN-XOF mid-market rate for the past three months has averaged 0.3702 XOF per Naira, with a low of 0.352 and a high of 0.4119.
Airwallex is currently offering the best exchange rate from the 5 companies compared.
Often the NGN-XOF exchange rate you pay is the biggest cost factor when transferring Nairas to Togo.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Naira you’re sending to Togo. Airwallex currently has the lowest fees for transfers into XOF at an average of 0 NGN over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in CFA Franc BCEAO is the biggest indicator of the total cost of sending money to Togo from Nigeria. The bigger the amount received in Togo, the lower the overall cost of sending from Nigeria.
Track the exchange rate for Naira to CFA Franc BCEAO
Sending money at the right time between NGN and XOF can make a huge difference to overall cost. The exchange rate impacts how much XOF you get for your NGN.
Over the last six months, the average numbers are:
The exchange rate from NGN to XOF averaged 0.3702 XOF.
The highest value recorded was 0.4119 XOF, while the lowest was 0.352 XOF.
5 providers currently offer transfers between Nigeria and Togo close to this rate
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Payment options for transfers from Nigeria to Togo
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Togo 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 Togo.
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.