Compare today's INR to NGN (Indian Rupee to Nigerian Naira) exchange rates
Interbank Exchange Rate: 1 INR = 15.3480 NGN
Updated about an hour ago
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All you need to know about Indian Rupee to Nigerian Naira money transfers
Easily compare money transfer providers in one place to send money from India to Nigeria. Send money overseas to your loved ones by comparing Indian Rupee (INR) 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 INR to NGN Conversion Rates
Here are some latest INR to NGN (Indian Rupee to Nigerian Naira) exchange rates for popular conversion amounts*.
| 1 INR | 15.35 NGN |
| 5 INR | 76.74 NGN |
| 10 INR | 153.48 NGN |
| 25 INR | 383.70 NGN |
| 50 INR | 767.40 NGN |
| 100 INR | 1,534.80 NGN |
| 150 INR | 2,302.20 NGN |
| 200 INR | 3,069.60 NGN |
| 250 INR | 3,837.00 NGN |
| 300 INR | 4,604.40 NGN |
| 400 INR | 6,139.20 NGN |
| 500 INR | 7,674.00 NGN |
| 600 INR | 9,208.80 NGN |
| 700 INR | 10,743.60 NGN |
| 800 INR | 12,278.40 NGN |
| 1,000 INR | 15,348.00 NGN |
| 1,500 INR | 23,022.00 NGN |
| 2,000 INR | 30,696.00 NGN |
| 2,500 INR | 38,370.00 NGN |
| 3,000 INR | 46,044.00 NGN |
| 4,000 INR | 61,392.00 NGN |
| 5,000 INR | 76,740.00 NGN |
| 10,000 INR | 153,480.00 NGN |
| 15,000 INR | 230,220.00 NGN |
| 20,000 INR | 306,960.00 NGN |
| 30,000 INR | 460,440.00 NGN |
| 40,000 INR | 613,920.00 NGN |
| 50,000 INR | 767,400.00 NGN |
| 100,000 INR | 1,534,800.00 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 India?
There are many good choices when it comes to sending money from India 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 Indian Rupee to NGN money transfers.We compare different remittance companies to bring you the best options to send money to Nigeria from India. 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 Indian Rupee 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 India?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Nigeria from India. 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 INR 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 India 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 India 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 India 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 Indian Rupee 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 India 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 INR to NGN remittances.
Should I use my bank to send money from India to Nigeria?
Big banks in India are known to make a lot of money by charging high fees on Nigeria money transfers from India. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.In addition to charging higher than average fees, banks are also notorious for giving you a INR to NGN exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Nigeria. With our live comparison tool, you can easily compare many good options in one glance.
Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from India to Nigeria. You work hard for your money, so you should also ensure you get the maximum yield when you send NGN overseas.
How to send money from India to Nigeria fast?
The first thing to do when you need to convert INR 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 Indian Rupee 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 India 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 transfer money to Nigeria from India?
India 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 Indian Rupee 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 from India to Nigeria
Follow the below easy steps to send money to Nigeria from India.- 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 India 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.
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.