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Compare today's MKD to NGN (Macedonian Denar to Nigerian Naira) exchange rates

Macedonia
Nigeria
MKD

Interbank Exchange Rate: 1 MKD = 26.2236 NGN
Updated about an hour ago

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All you need to know about Macedonian Denar to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from Macedonia to Nigeria. Send money overseas to your loved ones by comparing Macedonian Denar (MKD) 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.

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 Macedonia.

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Latest MKD to NGN Conversion Rates

Here are some latest MKD to NGN (Macedonian Denar to Nigerian Naira) exchange rates for popular conversion amounts*.

1 MKD26.22 NGN
5 MKD131.12 NGN
10 MKD262.24 NGN
25 MKD655.59 NGN
50 MKD1,311.18 NGN
100 MKD2,622.36 NGN
150 MKD3,933.54 NGN
200 MKD5,244.72 NGN
250 MKD6,555.90 NGN
300 MKD7,867.08 NGN
400 MKD10,489.44 NGN
500 MKD13,111.80 NGN
600 MKD15,734.16 NGN
700 MKD18,356.52 NGN
800 MKD20,978.88 NGN
1,000 MKD26,223.60 NGN
1,500 MKD39,335.40 NGN
2,000 MKD52,447.20 NGN
2,500 MKD65,559.00 NGN
3,000 MKD78,670.80 NGN
4,000 MKD104,894.40 NGN
5,000 MKD131,118.00 NGN
10,000 MKD262,236.00 NGN
15,000 MKD393,354.00 NGN
20,000 MKD524,472.00 NGN
30,000 MKD786,708.00 NGN
40,000 MKD1,048,944.00 NGN
50,000 MKD1,311,180.00 NGN
100,000 MKD2,622,360.00 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 Macedonia to Nigeria money transfers?

With the global remittance market booming, there are so many choices for Macedonian Denar 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 Macedonia. 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 rate to transfer money to Nigeria from Macedonia?

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

The final amount your recipient gets when you send MKD 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 Macedonia 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 Macedonian Denar 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.


How to send money to Nigeria from Macedonia through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Macedonia 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 MKD 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 Macedonia 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.


How to send money from Macedonia to Nigeria fast?

The speed of your Macedonian Denar to Nigerian Naira funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MKD to NGN. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Nigeria from Macedonia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Nigeria if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout NGN into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Macedonia bank to Nigeria bank transfer.


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

The first step in selecting the best money transfer operators for Macedonia to Nigeria remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Macedonian Denar to Nigerian Naira money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Nigeria.


Step by step guide to send money from Macedonia to Nigeria

With so many possible ways to transfer Macedonian Denar to Nigerian Naira, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Macedonia to Nigeria remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Macedonia and the receiver in Nigeria. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your MKD to Nigerian Naira money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.