About Nigeria

Nigeria is among top 10 foreign remittance receiver in the world. Nigeria received over $20 billion in 2015. With this whooping remittance sum, the remittance market of Africa is quite competitive. While sending their hard-earned money back home, Nigerians do check for cost-effective, innovative and reliable platform for money transfer.

Exchange Rate IQ offers such a unified platform where one can find all available options to transfer money to Nigeria. It offers side-by-side comparison of all the options in terms of exchange rate, fee, transfer time etc. You can get an estimated value in Nigerian Naira (NGN) for your remittance amount beforehand. With all this information, you can make a better decision in choosing a remittance service provider.

Exchange Rate IQ aims to make money transfer to Nigeria much more transparent and cheaper. The innovative platform not only saves you money but also your time and energy in finding the best remittance option.

Top Money Transfer Services To Send Money To Nigeria

ria's Reviews
2157 reviews

1 USD = 353.4 NGN

One offers available
Special Offer Complete your first money transfer with Ria and get a $10 Amazon Gift Card
worldremit's Reviews
22092 reviews

1 USD = 353.23 NGN

One offers available
Special Offer First Transfer Free - No fee for the First Time users !!
remitly's Reviews
11705 reviews

1 USD = 353 NGN

One offers available
Special Offer Free first transaction for New Users
money2anywhere's Reviews
7 reviews

1 USD = 353 NGN

transfast's Reviews
2519 reviews

1 USD = 350 NGN

Transfer Type And Modes

Pay In Options

 Bank
 Credit Card
 Debit Card
 Cash

Pay Out Options

 Bank
 Cash

Service Mode

 Online

Historical Mid Market Exchange Rate From US Dollar (USD) to Nigeria Naira (NGN)

Current Exchange Rate(Mid Market) :- 364 NGN/USD

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 USD To NGN

Send US Dollar To NIGERIA Receive Nigeria Naira
1 USD TO NGN 364
50 USD TO NGN 18200
100 USD TO NGN 36400
250 USD TO NGN 91000
500 USD TO NGN 182000
1000 USD TO NGN 364000
5000 USD TO NGN 1820000
10000 USD TO NGN 3640000

Click To Compare Money Transfer Services For The Following

EUR USD GBP INR PHP CAD MXN CNY
USD 0.86335 1.00000 0.76020 73.77070 54.04383 1.29947 18.83498 6.91690
GBP 1.13568 1.31544 1.00000 97.04091 71.09140 1.70937 24.77628 9.09877
AUD 0.61605 0.71356 0.54245 52.63982 38.56352 0.92725 13.43989 4.93562
CAD 0.66439 0.76955 0.58501 56.77005 41.58929 1.00000 14.49441 5.32288
EUR 1.00000 1.15828 0.88053 85.44744 62.59812 1.50515 21.81626 8.01174