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

Compare today's NGN to BOB (Nigerian Naira to Bolivian Boliviano) exchange rates

Nigeria
Bolivia
NGN

Interbank Exchange Rate: 1 NGN = 0.0051 BOB
Updated about an hour ago

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All you need to know about Nigerian Naira to Bolivian Boliviano money transfers

Easily compare money transfer providers in one place to send money from Nigeria to Bolivia. Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to Bolivian Boliviano (BOB) 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.

Were you looking to send money from Bolivia to Nigeria 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 NGN to BOB Conversion Rates

Here are some latest NGN to BOB (Nigerian Naira to Bolivian Boliviano) exchange rates for popular conversion amounts*.

1 NGN0.01 BOB
5 NGN0.03 BOB
10 NGN0.05 BOB
25 NGN0.13 BOB
50 NGN0.26 BOB
100 NGN0.51 BOB
150 NGN0.77 BOB
200 NGN1.02 BOB
250 NGN1.28 BOB
300 NGN1.53 BOB
400 NGN2.04 BOB
500 NGN2.55 BOB
600 NGN3.06 BOB
700 NGN3.57 BOB
800 NGN4.08 BOB
1,000 NGN5.10 BOB
1,500 NGN7.65 BOB
2,000 NGN10.20 BOB
2,500 NGN12.75 BOB
3,000 NGN15.30 BOB
4,000 NGN20.40 BOB
5,000 NGN25.50 BOB
10,000 NGN51.00 BOB
15,000 NGN76.50 BOB
20,000 NGN102.00 BOB
30,000 NGN153.00 BOB
40,000 NGN204.00 BOB
50,000 NGN255.00 BOB
100,000 NGN510.00 BOB

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Nigeria to Bolivia money transfers?

There are many good choices when it comes to sending money from Nigeria to Bolivia. 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 Nigerian Naira to BOB money transfers.

We compare different remittance companies to bring you the best options to send money to Bolivia from Nigeria. 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 Nigerian Naira to Bolivian Boliviano money transfers. You can take advantage of these deals and make the most of your hard earned money.


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

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 NGN to Bolivian Boliviano 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 Nigeria to Bolivia. 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 NGN to BOB remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to transfer money from Nigeria to Bolivia?

One of the most important things to watch out for is hidden fees when sending money to Bolivia from Nigeria. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Bolivia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Bolivian Boliviano foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best NGN to Bolivia exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Bolivia from Nigeria.


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

Big banks in Nigeria are known to make a lot of money by charging high fees on Bolivia money transfers from Nigeria. 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 NGN to BOB 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 Bolivia. 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 Nigeria to Bolivia. You work hard for your money, so you should also ensure you get the maximum yield when you send BOB overseas.


How to send money from Nigeria to Bolivia fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Nigeria to Bolivia. 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 NGN to BOB 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 Nigerian Naira amount reaching Bolivia. 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 Bolivian Boliviano quickly to Bolivia, 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 Bolivia from Nigeria?

Comparing money transfer companies for sending money to Bolivia from Nigeria 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 Bolivia. 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 Nigerian Naira to Bolivian Boliviano 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 Bolivian Boliviano yield on every Nigerian Naira that you send.


Step by step guide to send money from Nigeria to Bolivia

There are many important aspects of Nigeria to Bolivia remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Nigeria bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include BOB bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Nigerian Naira amount you want to send from Nigeria.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Bolivia to validate that they get the money once the transaction clears.