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
1942 reviews

1 USD = 353.58 NGN

One offers available
Special Offer Complete your first money transfer with Ria and get a $10 Amazon Gift Card
worldremit's Reviews
20694 reviews

1 USD = 353.23 NGN

One offers available
Special Offer First Transfer Free - No fee for the First Time users !!
money2anywhere's Reviews
3 reviews

1 USD = 353 NGN

xoom's Reviews
8806 reviews

1 USD = 350.2 NGN

One offers available
Special Offer Get $20 Amazon gift card for first transaction of over $400
transfast's Reviews
2515 reviews

1 USD = 350 NGN

Transfer Type And Modes

Pay In Options

 Credit Card
 Debit Card

Pay Out Options


Service Mode


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

Current Exchange Rate(Mid Market) :- 360.8573 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 360.8573
50 USD TO NGN 18042.865
100 USD TO NGN 36085.73
250 USD TO NGN 90214.325
500 USD TO NGN 180428.65
1000 USD TO NGN 360857.3
5000 USD TO NGN 1804286.5
10000 USD TO NGN 3608573

Click To Compare Money Transfer Services For The Following

USD 1.00000 0.78769 70.26460 53.52000 1.31375 1.38199 19.19049 6.93715
GBP 1.26953 1.00000 89.20302 67.94525 1.66785 1.75448 24.36290 8.80692
AUD 0.72359 0.56997 50.84303 38.72674 0.95062 1.00000 13.88612 5.01968
CAD 0.76118 0.59958 53.48400 40.73834 1.00000 1.05194 14.60741 5.28042
EUR 1.13446 0.89360 79.71219 60.71616 1.49039 1.56781 21.77079 7.86990