Compare today's CVE to NGN (Cape Verde Escudo to Nigerian Naira) exchange rates
Interbank Exchange Rate: 1 CVE = 14.8043 NGN
Updated about an hour ago
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All you need to know about Cape Verde Escudo to Nigerian Naira money transfers
Easily compare money transfer providers in one place to send money from Cape Verde to Nigeria. Send money overseas to your loved ones by comparing Cape Verde Escudo (CVE) 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.
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Latest CVE to NGN Conversion Rates
Here are some latest CVE to NGN (Cape Verde Escudo to Nigerian Naira) exchange rates for popular conversion amounts*.
| 1 CVE | 14.80 NGN |
| 5 CVE | 74.02 NGN |
| 10 CVE | 148.04 NGN |
| 25 CVE | 370.11 NGN |
| 50 CVE | 740.22 NGN |
| 100 CVE | 1,480.43 NGN |
| 150 CVE | 2,220.65 NGN |
| 200 CVE | 2,960.86 NGN |
| 250 CVE | 3,701.08 NGN |
| 300 CVE | 4,441.29 NGN |
| 400 CVE | 5,921.72 NGN |
| 500 CVE | 7,402.15 NGN |
| 600 CVE | 8,882.58 NGN |
| 700 CVE | 10,363.01 NGN |
| 800 CVE | 11,843.44 NGN |
| 1,000 CVE | 14,804.30 NGN |
| 1,500 CVE | 22,206.45 NGN |
| 2,000 CVE | 29,608.60 NGN |
| 2,500 CVE | 37,010.75 NGN |
| 3,000 CVE | 44,412.90 NGN |
| 4,000 CVE | 59,217.20 NGN |
| 5,000 CVE | 74,021.50 NGN |
| 10,000 CVE | 148,043.00 NGN |
| 15,000 CVE | 222,064.50 NGN |
| 20,000 CVE | 296,086.00 NGN |
| 30,000 CVE | 444,129.00 NGN |
| 40,000 CVE | 592,172.00 NGN |
| 50,000 CVE | 740,215.00 NGN |
| 100,000 CVE | 1,480,430.00 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 to Nigeria from Cape Verde?
With the global remittance market booming, there are so many choices for Cape Verde Escudo 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 Cape Verde. 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 Cape Verde 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 Cape Verde. 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 CVE 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 Cape Verde 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 for transferring money to Nigeria from Cape Verde?
One of the most important things to watch out for is hidden fees when sending money to Nigeria from Cape Verde. 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 CVE 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 Cape Verde.
How to send money to Nigeria from Cape Verde through a bank?
There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low CVE to NGN exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Cape Verde to Nigeria money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.
Most of the remittance companies today offer bank to bank transfers for sending money to Nigeria from Cape Verde. They do this by letting you fund your transaction through your local bank account in Cape Verde, and by allowing you to choose the payout to be your recipient's bank account in Nigeria. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money from Cape Verde to Nigeria fast?
It could be a stressful experience if you need to rush money quickly from Cape Verde 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 CVE 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 Cape Verde to Nigeria money transfers.
Which are the best money transfer companies to send money to Nigeria from Cape Verde?
Since the Cape Verde Escudo to Nigerian Naira money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Cape Verde that may also be able to send money to Nigeria. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your CVE to NGN money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Nigeria gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Cape Verde to Nigeria transaction.
Step by step guide to send money to Nigeria from Cape Verde
There are many important aspects of Cape Verde to Nigeria remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.
- Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
- Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Cape Verde bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
- Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include NGN bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
- Step 4 - Provision recipient details including name and address.
- Step 5 - Decide how much Cape Verde Escudo amount you want to send from Cape Verde.
- Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
- Step 7 - Validate all the information for accuracy and start your transaction.