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Compare today's BOB to NGN (Bolivian Boliviano to Nigerian Naira) exchange rates

Bolivia
Nigeria
BOB

Interbank Exchange Rate: 1 BOB = 198.1615 NGN
Updated about an hour ago

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All you need to know about Bolivian Boliviano to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from Bolivia to Nigeria. Send money overseas to your loved ones by comparing Bolivian Boliviano (BOB) 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 Bolivia.

Were you looking to send money from Nigeria to Bolivia instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest BOB to NGN Conversion Rates

Here are some latest BOB to NGN (Bolivian Boliviano to Nigerian Naira) exchange rates for popular conversion amounts*.

1 BOB198.16 NGN
5 BOB990.81 NGN
10 BOB1,981.61 NGN
25 BOB4,954.04 NGN
50 BOB9,908.07 NGN
100 BOB19,816.15 NGN
150 BOB29,724.23 NGN
200 BOB39,632.30 NGN
250 BOB49,540.38 NGN
300 BOB59,448.45 NGN
400 BOB79,264.60 NGN
500 BOB99,080.75 NGN
600 BOB118,896.90 NGN
700 BOB138,713.05 NGN
800 BOB158,529.20 NGN
1,000 BOB198,161.50 NGN
1,500 BOB297,242.25 NGN
2,000 BOB396,323.00 NGN
2,500 BOB495,403.75 NGN
3,000 BOB594,484.50 NGN
4,000 BOB792,646.00 NGN
5,000 BOB990,807.50 NGN
10,000 BOB1,981,615.00 NGN
15,000 BOB2,972,422.50 NGN
20,000 BOB3,963,230.00 NGN
30,000 BOB5,944,845.00 NGN
40,000 BOB7,926,460.00 NGN
50,000 BOB9,908,075.00 NGN
100,000 BOB19,816,150.00 NGN

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Bolivia to Nigeria?

With the global remittance market booming, there are so many choices for Bolivian Boliviano to NGN money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Nigeria from Bolivia. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final NGN amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Bolivia to Nigeria?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your BOB to Nigerian Naira money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Bolivia to Nigeria. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for BOB to NGN remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money from Bolivia to Nigeria?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Bolivia to Nigeria via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Bolivian Boliviano to Nigerian Naira remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Bolivia to Nigeria exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for BOB to NGN remittances.


Should I use my bank to send money from Bolivia to Nigeria?

Bank transfers have been a traditionally popular way to send money overseas from Bolivia to Nigeria. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the BOB to NGN exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Bolivia bank for your Nigeria money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Bolivia to Nigeria fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Bolivia to Nigeria. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert BOB to NGN fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Bolivian Boliviano amount reaching Nigeria. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Nigerian Naira quickly to Nigeria, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money from Bolivia to Nigeria?

Bolivia to Nigeria money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Nigeria as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Bolivian Boliviano to Nigerian Naira money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Nigeria from Bolivia

With so many possible ways to transfer Bolivian Boliviano to Nigerian Naira, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Bolivia to Nigeria remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Bolivia and the receiver in Nigeria. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your BOB to Nigerian Naira money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.