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Compare today's BRL to NGN (Brazilian Real to Nigerian Naira) exchange rates

Brazil
Nigeria
BRL

Interbank Exchange Rate: 1 BRL = 264.8990 NGN
Updated about an hour ago

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All you need to know about Brazilian Real to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from Brazil to Nigeria. Send money overseas to your loved ones by comparing Brazilian Real (BRL) 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 Brazil.

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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 BRL to NGN Conversion Rates

Here are some latest BRL to NGN (Brazilian Real to Nigerian Naira) exchange rates for popular conversion amounts*.

1 BRL264.90 NGN
5 BRL1,324.50 NGN
10 BRL2,648.99 NGN
25 BRL6,622.48 NGN
50 BRL13,244.95 NGN
100 BRL26,489.90 NGN
150 BRL39,734.85 NGN
200 BRL52,979.80 NGN
250 BRL66,224.75 NGN
300 BRL79,469.70 NGN
400 BRL105,959.60 NGN
500 BRL132,449.50 NGN
600 BRL158,939.40 NGN
700 BRL185,429.30 NGN
800 BRL211,919.20 NGN
1,000 BRL264,899.00 NGN
1,500 BRL397,348.50 NGN
2,000 BRL529,798.00 NGN
2,500 BRL662,247.50 NGN
3,000 BRL794,697.00 NGN
4,000 BRL1,059,596.00 NGN
5,000 BRL1,324,495.00 NGN
10,000 BRL2,648,990.00 NGN
15,000 BRL3,973,485.00 NGN
20,000 BRL5,297,980.00 NGN
30,000 BRL7,946,970.00 NGN
40,000 BRL10,595,960.00 NGN
50,000 BRL13,244,950.00 NGN
100,000 BRL26,489,900.00 NGN

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


What's the best way to send money from Brazil to Nigeria?

It can be very confusing when sending money from Brazil to Nigeria given so many choices. Additionally, Brazilian Real to NGN exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Brazil to Nigeria as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Nigeria from Brazil. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Brazilian Real to Nigerian Naira remittances.


How to get the best exchange rate for your money transfers from Brazil to Nigeria?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Nigeria from Brazil. 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 BRL 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 Brazil 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 Brazil 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 Brazil 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 Brazilian Real 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 Brazil 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 BRL to NGN remittances.


Should I use my bank to transfer money from Brazil to Nigeria?

We do not recommend using your local bank in Brazil for your next BRL to NGN overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Brazil to Nigeria (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending NGN to Nigeria. These companies will let you use your local bank account in Brazil to pay for your Nigeria money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Nigeria from Brazil fast?

It could be a stressful experience if you need to rush money quickly from Brazil to Nigeria. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert BRL to NGN. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Nigerian Naira. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Brazil to Nigeria money transfers.


Which are the best money transfer companies to transfer money from Brazil to Nigeria?

Brazil 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 Brazilian Real 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 transfer money to Nigeria from Brazil

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Brazil to Nigeria, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Brazil to Nigeria that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Nigeria where they can receive monies in Nigerian Naira.
  • Then, provide details of your Brazil bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your BRL travel to another part of the globe.