Compare Sweden Krona to Nigeria Naira For Sending Money to Nigeria from Sweden

Sorry, we don't have results for the combination when sending money from Sweden to Nigeria for sending amount $1. We are working hard to provide you best results from Sweden Krona to Nigeria Naira so that you can compare exchange rates and fees and can take best decision and save fees for your money transfer.

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More Options For Different Sending Amount

We have rates for some more providers but for either less or more sending amount.
TransferWise operates on a peer-to-peer exchange basis, meaning that two individuals exchange currencies between themselves, without an intermediary,such as a bank.

Supported Amount - kr6 to kr 19986
Exchange Rate
38.4429

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Mid Market Rate

The mid-market rate is the midpoint between the buy and sell prices of two currencies.
Make money transfers and manage your account online 24 hours a day, 7 days a week from any device. XE Money has some best customer reviews we have ever seen, which shows that the users are satisfied with its services.
WorldRemit is an online money transfer service that provides international remittance services to expatriates and migrant workers

More Available Options

You can check rates of some more providers that may support your country
With Xendpay you get the best deal and make a big difference with every transfer
With a worldwide agent network of more than 314,000 locations in 144 countries and growing
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.
<p>Trusted by millions for every kind of online global payment, Skrill now makes payments simple, secure and quick in nearly 200 countries and 40 currencies.</p>
There are more than 200 countries you can send to using MoneyGram. Fees vary depending on where you are sending, how much, and how you are paying

About Sweden and Nigeria

Remittance reports show that the number of migrants who send money from Sweden to Nigeria has increased over the years. That means, that the amount of money crossing from Sweden to Nigeria has been on the rise as well. It is however good to know that money transfer between these two countries is not any new activity. Adding to the list of people who need a convenient way to send money to Nigeria from Sweden are people who have outsourced freelancing services from Nigeria. Remember that Nigeria is one of the African countries with high computer literacy.

Cheap way to send money from Sweden to Nigeria

When it comes to the meaning of cheap in money transfer, you should know that it can be in terms of cost or time. Some of the cheap ways to send money from Sweden to Nigeria include;

Bank transfer: for a very long time, bank transfers have been helping people to send money across borders. You can today use these services and enjoy more convenience thanks to mobile banking. When using bank transfer to send money from Sweden to Nigeria, you need to take a lot of interest in the exchange rates if you want to spend less. You should also confirm how much the receiver will get because some banks will charge receivers when withdrawing the cash. Note that bank transfers take between one day and a week to clear depending on your bank.

Cash delivery: you can send money from Sweden to Nigeria instantly without giving up whatever you were doing. Cash delivery services allow you to send money to be picked up at an assigned location. Considered one of the fastest ways to send money from Sweden to Nigeria, cash delivery services are quite expensive if compared with online money transfers. They also take care of converting the currency from SEK to NGN using the exchange rates provided by the stock trade market. In the past, one had to visit the agents’ location in order to initiate their transfer, something that is not necessary today. Through their apps and online platforms like the Western Union App by Western Union, everything is simplified. MoneyGram is yet another alternative.

Online cash transfer: online money transfer is one of the cheapest ways to send money from Sweden to Nigeria. You can send money for free with this option as offered by services like XE Money. The competitive nature of this industry allows it to offer the best rates in the market and you can find some services that will make it cheaper to send large amounts. It is also good to know that some online money transfer services can allow you to send money directly from your bank account, giving you more control over your money. One of the biggest challenges with online money transfer is that there are so many service providers. Always make sure to use one that is available in both countries. Also, use platforms such as ERIQ to confirm your choice before proceeding. Some of the most used online money transfer services to complete Sweden to Nigeria transfers include; TransferWise, Ria, XE Money, and WorldRemit

Factors to consider when sending money from Sweden to Nigeria

As easy as it may sound, you may not be able to successfully send money to Nigeria from Sweden if you don’t do the following;

Exchange rates: you need to understand how the exchange rates work if you want to send money internationally. That is the only way to know how much the receiver will get. If the receiver is expecting 500 Nairas, you are not supposed to send 500SDE

Transfer time: Knowing how long your transaction should take will help you to track your money to know if it has reached or delayed. It will also help you to know which transfer service will suit your need for example if you need to make an emergency transfer.

Transfer charges: some transfer agents impose hidden charges during transfers while others will charge you according to how much you need to transfer. There are many more ways through which these companies can implement charges. You need to confirm all these details to find which service suits your budget.

Historical Mid Market Exchange Rate From Sweden Krona (SEK) to Nigeria Naira (NGN) (Weekly)

Current Exchange Rate(Mid Market) :- 41.63 NGN/SEK

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion SEK To NGN

Send Sweden Krona To NIGERIA Receive Nigeria Naira
1 SEK TO NGN 41.63
50 SEK TO NGN 2081.5
100 SEK TO NGN 4163
250 SEK TO NGN 10407.5
500 SEK TO NGN 20815
1000 SEK TO NGN 41630
5000 SEK TO NGN 208150
10000 SEK TO NGN 416300
Send Nigeria Naira Receive Sweden Krona From NIGERIA
1 NGN FROM SEK --
50 NGN FROM SEK --
100 NGN FROM SEK --
250 NGN FROM SEK --
500 NGN FROM SEK --
1000 NGN FROM SEK --
5000 NGN FROM SEK --
10000 NGN FROM SEK --

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