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Compare today's NGN to DZD (Nigerian Naira to Algerian Dinar) exchange rates

Nigeria
Algeria
NGN

Interbank Exchange Rate: 1 NGN = 0.0946 DZD
Updated about an hour ago

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All you need to know about Nigerian Naira to Algerian Dinar money transfers

Easily compare money transfer providers in one place to send money from Nigeria to Algeria. Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to Algerian Dinar (DZD) 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 Nigeria.

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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.

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Latest NGN to DZD Conversion Rates

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

1 NGN0.09 DZD
5 NGN0.47 DZD
10 NGN0.95 DZD
25 NGN2.37 DZD
50 NGN4.73 DZD
100 NGN9.46 DZD
150 NGN14.19 DZD
200 NGN18.92 DZD
250 NGN23.65 DZD
300 NGN28.38 DZD
400 NGN37.84 DZD
500 NGN47.30 DZD
600 NGN56.76 DZD
700 NGN66.22 DZD
800 NGN75.68 DZD
1,000 NGN94.60 DZD
1,500 NGN141.90 DZD
2,000 NGN189.20 DZD
2,500 NGN236.50 DZD
3,000 NGN283.80 DZD
4,000 NGN378.40 DZD
5,000 NGN473.00 DZD
10,000 NGN946.00 DZD
15,000 NGN1,419.00 DZD
20,000 NGN1,892.00 DZD
30,000 NGN2,838.00 DZD
40,000 NGN3,784.00 DZD
50,000 NGN4,730.00 DZD
100,000 NGN9,460.00 DZD

*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 Nigeria to Algeria?

It can be very confusing when sending money from Nigeria to Algeria given so many choices. Additionally, Nigerian Naira to DZD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Nigeria to Algeria as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Algeria from Nigeria. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Nigerian Naira to Algerian Dinar remittances.


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

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 Nigeria to Algeria 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 NGN to Algerian Dinar 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 Nigerian Naira to Algerian Dinar 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 Algeria from Nigeria?

When you want to send money to Algeria from Nigeria, you obviously want the cheapest possible option to maximize the money your recipient gets in Algerian Dinar. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your NGN to DZD money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Nigeria to Algeria. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Nigeria to Algeria exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Algerian Dinar overseas.


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

We do not recommend using your local bank in Nigeria for your next NGN to DZD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Nigeria to Algeria (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending DZD to Algeria. These companies will let you use your local bank account in Nigeria to pay for your Algeria money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Algeria from Nigeria?

If you need to convert NGN to DZD as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Nigeria to Algeria could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Nigerian Naira to Algerian Dinar funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Algeria.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Nigeria to Algeria. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Nigeria to Algeria, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Nigerian Naira to Algerian Dinar exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your DZD money transfers to Algeria. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Algeria getting more money for every Nigerian Naira you send.


Step by step guide to send money from Nigeria to Algeria

The first step to send money to Algeria from Nigeria 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 NGN to DZD 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 Algeria if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Nigeria bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Algeria!

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 Nigeria to Algeria.