Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's USD to NGN (US Dollar to Nigerian Naira) exchange rates

El Salvador
Nigeria
USD

Interbank Exchange Rate: 1 USD = 1,388.1500 NGN
Updated about 1 hours ago

Found 2 Remittance Service Providers

TRANSFERWISE
Read more about Wise
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 USD =
1 425 611.90 NGN
Transfer Limit (USD): 1 - 1000000
Locked-In Rate1 USD = 1,425.6119 NGN
verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 USD =
1 384 074.50 NGN
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 1,384.0745 NGN

📢 B2B transfers only

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about US Dollar to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from El Salvador to Nigeria. Send money overseas to your loved ones by comparing US Dollar (USD) 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.

RemitFinder compared 2 money transfer operators to get you the best FX rates to send money from El Salvador to Nigeria.

The best rate to send Nigerian Naira from US Dollar to your loved ones in Nigeria is currently offered by Wise; their 1 USD to NGN exchange rate today is 1,425.6119.

Verto offers the next most competitive US Dollar to Nigerian Naira exchange rate today (currently 1 USD = 1,384.0745 NGN).

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 El Salvador.

Were you looking to send money from Nigeria to El Salvador 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 USD to NGN Conversion Rates

Here are some latest USD to NGN (US Dollar to Nigerian Naira) exchange rates for popular conversion amounts*.

1 USD1,388.15 NGN
5 USD6,940.75 NGN
10 USD13,881.50 NGN
25 USD34,703.75 NGN
50 USD69,407.50 NGN
100 USD138,815.00 NGN
150 USD208,222.50 NGN
200 USD277,630.00 NGN
250 USD347,037.50 NGN
300 USD416,445.00 NGN
400 USD555,260.00 NGN
500 USD694,075.00 NGN
600 USD832,890.00 NGN
700 USD971,705.00 NGN
800 USD1,110,520.00 NGN
1,000 USD1,388,150.00 NGN
1,500 USD2,082,225.00 NGN
2,000 USD2,776,300.00 NGN
2,500 USD3,470,375.00 NGN
3,000 USD4,164,450.00 NGN
4,000 USD5,552,600.00 NGN
5,000 USD6,940,750.00 NGN
10,000 USD13,881,500.00 NGN
15,000 USD20,822,250.00 NGN
20,000 USD27,763,000.00 NGN
30,000 USD41,644,500.00 NGN
40,000 USD55,526,000.00 NGN
50,000 USD69,407,500.00 NGN
100,000 USD138,815,000.00 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 El Salvador to Nigeria money transfers?

With the global remittance market booming, there are so many choices for United States Dollar 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 El Salvador. 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 El Salvador to Nigeria?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your El Salvador to Nigeria transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your USD to Nigerian Naira international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest United States Dollar to Nigerian Naira exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way for transferring money to Nigeria from El Salvador?

The final amount your recipient gets when you send USD to NGN is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from El Salvador to Nigeria used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Nigerian Naira is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best United States Dollar to Nigeria exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to send money from El Salvador to Nigeria?

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 El Salvador 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 USD to NGN transfers.

Given this, there are umpteen additional options to send money to Nigeria instead of just your El Salvador 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 United States Dollar even more so that your recipient in Nigeria gets the maximum amount.


How to send money from El Salvador to Nigeria fast?

The first thing to do when you need to convert USD to NGN quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between United States Dollar and Nigerian Naira. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end El Salvador to Nigeria remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Nigeria.


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

El Salvador 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 United States Dollar 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 El Salvador

Follow the below easy steps to send money to Nigeria from El Salvador.

  • 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 El Salvador 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.

The provider will then work on your USD to NGN remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your 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.