XOF/NGN
W. African CFA to Naira Black Market Rate Today
Live W. African CFA to Nigerian Naira exchange rate. Black market BDC rate cross-rated from USD and official rate from the Central Bank of Nigeria.
Price history
Parallel market sell rate · daily close
XOF/NGN Rate: Last 30 Days
W. African CFA to Naira black market rate: key facts
As of 4 May, 9:38 pm WAT, BDC operators are buying XOF at ₦2.47 and selling at ₦2.51. The spread (the difference between buy and sell) is ₦0.04 per XOF. The official CBN rate for XOF/NGN is ₦2.46.
How the XOF/NGN black market rate is calculated
Nigeria's informal FX market is anchored to the US dollar. To price XOF in naira, BDC operators take the USD/NGN parallel rate and apply the live XOF/USD global cross-rate. This rate updates every 30 minutes on AbokiFx.
Official CBN rate vs black market rate for XOF
The CBN publishes an official rate for XOF/NGN through the NAFEM window for regulated transactions. The black market rate is typically higher because official supply cannot meet demand. Today the gap between the two is approximately ₦0 per XOF.
