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

Compare today's KWD to NGN (Kuwaiti Dinar to Nigerian Naira) exchange rates

Kuwait
Nigeria
KWD
Interbank Exchange Rate: 1 KWD = 4,699.1943 NGN
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 KWD =
4 669 653.20 NGN
Transfer Limit (KWD): No Limits
Indicative Rate1 KWD = 4,669.6532 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 Kuwaiti Dinar to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from Kuwait to Nigeria. Send money overseas to your loved ones by comparing Kuwaiti Dinar (KWD) 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 Kuwait to Nigeria.

The best rate to send Nigerian Naira from Kuwaiti Dinar to your loved ones in Nigeria is currently offered by Verto; their 1 KWD to NGN exchange rate today is 4,669.6532.

Were you looking to send money from Nigeria to Kuwait instead?

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.

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.


Latest KWD to NGN Conversion Rates

Here are some latest KWD to NGN (Kuwaiti Dinar to Nigerian Naira) exchange rates for popular conversion amounts*.

1 KWD4,699.19 NGN
5 KWD23,495.97 NGN
10 KWD46,991.94 NGN
25 KWD117,479.86 NGN
50 KWD234,959.72 NGN
100 KWD469,919.43 NGN
150 KWD704,879.15 NGN
200 KWD939,838.86 NGN
250 KWD1,174,798.58 NGN
300 KWD1,409,758.29 NGN
400 KWD1,879,677.72 NGN
500 KWD2,349,597.15 NGN
600 KWD2,819,516.58 NGN
700 KWD3,289,436.01 NGN
800 KWD3,759,355.44 NGN
1,000 KWD4,699,194.30 NGN
1,500 KWD7,048,791.45 NGN
2,000 KWD9,398,388.60 NGN
2,500 KWD11,747,985.75 NGN
3,000 KWD14,097,582.90 NGN
4,000 KWD18,796,777.20 NGN
5,000 KWD23,495,971.50 NGN
10,000 KWD46,991,943.00 NGN
15,000 KWD70,487,914.50 NGN
20,000 KWD93,983,886.00 NGN
30,000 KWD140,975,829.00 NGN
40,000 KWD187,967,772.00 NGN
50,000 KWD234,959,715.00 NGN
100,000 KWD469,919,430.00 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 from Kuwait to Nigeria?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Kuwait to Nigeria. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Kuwaiti Dinar to NGN.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send KWD to NGN in Nigeria. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Nigeria from Kuwait. We provide you with maximum choices to send money to Nigeria by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Kuwait to Nigeria?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your KWD to Nigerian Naira money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Kuwait to Nigeria. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for KWD to NGN remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money from Kuwait to Nigeria?

Finding the cheapest way to send money from Kuwait 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 KWD 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 Kuwait 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 Kuwait 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 Kuwait 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 KWD to NGN transfers.

Given this, there are umpteen additional options to send money to Nigeria instead of just your Kuwait 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 Kuwaiti Dinar even more so that your recipient in Nigeria gets the maximum amount.


What is the fastest way to transfer money from Kuwait to Nigeria?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Kuwait to Nigeria. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert KWD to NGN fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Kuwaiti Dinar amount reaching Nigeria. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Nigerian Naira quickly to Nigeria, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Comparing money transfer companies for sending money to Nigeria from Kuwait 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 Kuwaiti Dinar 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 Kuwaiti Dinar that you send.


Step by step guide to do a money transfer from Kuwait to Nigeria

Follow the below easy steps to send money to Nigeria from Kuwait.

  • 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 Kuwait 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 KWD 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.


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