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Compare today's DKK to NGN (Danish Krone to Nigerian Naira) exchange rates

Faroe Islands
Nigeria
DKK

Interbank Exchange Rate: 1 DKK = 216.0975 NGN
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 DKK =
218 296.00 NGN
Transfer Limit (DKK): No Limits
Indicative Rate1 DKK = 218.2960 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 Danish Krone to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from Faroe Islands to Nigeria. Send money overseas to your loved ones by comparing Danish Krone (DKK) 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 1 money transfer operators to get you the best FX rates to send money from Faroe Islands to Nigeria.

The best rate to send Nigerian Naira from Danish Krone to your loved ones in Nigeria is currently offered by Verto; their 1 DKK to NGN exchange rate today is 218.2960.

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 Faroe Islands.

Were you looking to send money from Nigeria to Faroe Islands 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 DKK to NGN Conversion Rates

Here are some latest DKK to NGN (Danish Krone to Nigerian Naira) exchange rates for popular conversion amounts*.

1 DKK216.10 NGN
5 DKK1,080.49 NGN
10 DKK2,160.98 NGN
25 DKK5,402.44 NGN
50 DKK10,804.88 NGN
100 DKK21,609.75 NGN
150 DKK32,414.63 NGN
200 DKK43,219.50 NGN
250 DKK54,024.38 NGN
300 DKK64,829.25 NGN
400 DKK86,439.00 NGN
500 DKK108,048.75 NGN
600 DKK129,658.50 NGN
700 DKK151,268.25 NGN
800 DKK172,878.00 NGN
1,000 DKK216,097.50 NGN
1,500 DKK324,146.25 NGN
2,000 DKK432,195.00 NGN
2,500 DKK540,243.75 NGN
3,000 DKK648,292.50 NGN
4,000 DKK864,390.00 NGN
5,000 DKK1,080,487.50 NGN
10,000 DKK2,160,975.00 NGN
15,000 DKK3,241,462.50 NGN
20,000 DKK4,321,950.00 NGN
30,000 DKK6,482,925.00 NGN
40,000 DKK8,643,900.00 NGN
50,000 DKK10,804,875.00 NGN
100,000 DKK21,609,750.00 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 Faroe Islands to Nigeria?

There are many good choices when it comes to sending money from Faroe Islands to Nigeria. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Danish Krone to NGN money transfers.

We compare different remittance companies to bring you the best options to send money to Nigeria from Faroe Islands. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Danish Krone to Nigerian Naira money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Nigeria from Faroe Islands?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Nigeria from Faroe Islands. 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 DKK 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 Faroe Islands 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 Faroe Islands to Nigeria?

Finding the cheapest way to send money from Faroe Islands to Nigeria might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer DKK to NGN via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Faroe Islands to Nigeria exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to transfer money from Faroe Islands to Nigeria?

Bank transfers have been a traditionally popular way to send money overseas from Faroe Islands 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 DKK 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 Faroe Islands 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.


What is the fastest way to transfer money from Faroe Islands to Nigeria?

It could be a stressful experience if you need to rush money quickly from Faroe Islands 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 DKK 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 Faroe Islands to Nigeria money transfers.


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

Comparing money transfer companies for sending money to Nigeria from Faroe Islands can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Nigeria. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Danish Krone to Nigerian Naira transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Nigerian Naira yield on every Danish Krone that you send.


Step by step guide to transfer money to Nigeria from Faroe Islands

The first step to send money to Nigeria from Faroe Islands is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your DKK to NGN overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Nigeria if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Faroe Islands bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Nigeria!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Faroe Islands to Nigeria.