Compare today's BDT to NGN (Bangladeshi Taka to Nigerian Naira) exchange rates
Interbank Exchange Rate: 1 BDT = 11.2171 NGN
Updated about an hour ago
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All you need to know about Bangladeshi Taka to Nigerian Naira money transfers
Easily compare money transfer providers in one place to send money from Bangladesh to Nigeria. Send money overseas to your loved ones by comparing Bangladeshi Taka (BDT) to Nigerian Naira (NGN) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Bangladesh.
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Latest BDT to NGN Conversion Rates
Here are some latest BDT to NGN (Bangladeshi Taka to Nigerian Naira) exchange rates for popular conversion amounts*.
| 1 BDT | 11.22 NGN |
| 5 BDT | 56.09 NGN |
| 10 BDT | 112.17 NGN |
| 25 BDT | 280.43 NGN |
| 50 BDT | 560.86 NGN |
| 100 BDT | 1,121.71 NGN |
| 150 BDT | 1,682.57 NGN |
| 200 BDT | 2,243.42 NGN |
| 250 BDT | 2,804.28 NGN |
| 300 BDT | 3,365.13 NGN |
| 400 BDT | 4,486.84 NGN |
| 500 BDT | 5,608.55 NGN |
| 600 BDT | 6,730.26 NGN |
| 700 BDT | 7,851.97 NGN |
| 800 BDT | 8,973.68 NGN |
| 1,000 BDT | 11,217.10 NGN |
| 1,500 BDT | 16,825.65 NGN |
| 2,000 BDT | 22,434.20 NGN |
| 2,500 BDT | 28,042.75 NGN |
| 3,000 BDT | 33,651.30 NGN |
| 4,000 BDT | 44,868.40 NGN |
| 5,000 BDT | 56,085.50 NGN |
| 10,000 BDT | 112,171.00 NGN |
| 15,000 BDT | 168,256.50 NGN |
| 20,000 BDT | 224,342.00 NGN |
| 30,000 BDT | 336,513.00 NGN |
| 40,000 BDT | 448,684.00 NGN |
| 50,000 BDT | 560,855.00 NGN |
| 100,000 BDT | 1,121,710.00 NGN |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Bangladesh to Nigeria money transfers?
Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Bangladesh to Nigeria. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Bangladeshi Taka to NGN.You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send BDT to NGN in Nigeria. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.
With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Nigeria from Bangladesh. We provide you with maximum choices to send money to Nigeria by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best rate to transfer money to Nigeria from Bangladesh?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Nigeria from Bangladesh. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your BDT to Nigerian Naira money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Bangladesh to Nigeria corridor to give you more good choices for your next NGN money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money from Bangladesh to Nigeria?
One of the most important things to watch out for is hidden fees when sending money to Nigeria from Bangladesh. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Nigeria using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Nigerian Naira foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best BDT to Nigeria exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Nigeria from Bangladesh.
How to send money from Bangladesh to Nigeria through a bank?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Bangladesh to Nigeria money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like BDT to NGN transfers.
Given this, there are umpteen additional options to send money to Nigeria instead of just your Bangladesh bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Bangladeshi Taka even more so that your recipient in Nigeria gets the maximum amount.
What is the fastest way to transfer money from Bangladesh to Nigeria?
If you need to convert BDT to NGN as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Bangladesh to Nigeria could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.
Apart from the above, there are many other factors that can have an impact on your Bangladeshi Taka to Nigerian Naira funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Nigeria.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Bangladesh to Nigeria. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.
Which are the best money transfer companies to send money from Bangladesh to Nigeria?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Bangladesh to Nigeria, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Bangladeshi Taka to Nigerian Naira exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your NGN money transfers to Nigeria. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Nigeria getting more money for every Bangladeshi Taka you send.
Step by step guide to transfer money to Nigeria from Bangladesh
Follow the below easy steps to send money to Nigeria from Bangladesh.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Bangladesh bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Nigeria).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.