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

Compare today's NGN to CVE (Nigerian Naira to Cape Verde Escudo) exchange rates

Nigeria
Cape Verde
NGN

Interbank Exchange Rate: 1 NGN = 0.0676 CVE
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Nigerian Naira to Cape Verde Escudo money transfers

Easily compare money transfer providers in one place to send money from Nigeria to Cape Verde. Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to Cape Verde Escudo (CVE) 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 Cape Verde 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 CVE Conversion Rates

Here are some latest NGN to CVE (Nigerian Naira to Cape Verde Escudo) exchange rates for popular conversion amounts*.

1 NGN0.07 CVE
5 NGN0.34 CVE
10 NGN0.68 CVE
25 NGN1.69 CVE
50 NGN3.38 CVE
100 NGN6.76 CVE
150 NGN10.14 CVE
200 NGN13.52 CVE
250 NGN16.90 CVE
300 NGN20.28 CVE
400 NGN27.04 CVE
500 NGN33.80 CVE
600 NGN40.56 CVE
700 NGN47.32 CVE
800 NGN54.08 CVE
1,000 NGN67.60 CVE
1,500 NGN101.40 CVE
2,000 NGN135.20 CVE
2,500 NGN169.00 CVE
3,000 NGN202.80 CVE
4,000 NGN270.40 CVE
5,000 NGN338.00 CVE
10,000 NGN676.00 CVE
15,000 NGN1,014.00 CVE
20,000 NGN1,352.00 CVE
30,000 NGN2,028.00 CVE
40,000 NGN2,704.00 CVE
50,000 NGN3,380.00 CVE
100,000 NGN6,760.00 CVE

*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 Cape Verde money transfers?

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 Nigeria to Cape Verde. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Nigerian Naira to CVE.

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 NGN to CVE in Cape Verde. 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 Cape Verde from Nigeria. We provide you with maximum choices to send money to Cape Verde by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Cape Verde from 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 NGN to Cape Verde Escudo 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 Cape Verde. 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 CVE 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 Cape Verde?

When you want to send money to Cape Verde from Nigeria, you obviously want the cheapest possible option to maximize the money your recipient gets in Cape Verde Escudo. 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 CVE 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 Cape Verde. 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 Cape Verde 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 Cape Verde Escudo overseas.


How to send money from Nigeria to Cape Verde through a bank?

We do not recommend using your local bank in Nigeria for your next NGN to CVE 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 Cape Verde (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 CVE to Cape Verde. These companies will let you use your local bank account in Nigeria to pay for your Cape Verde 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 Cape Verde from Nigeria?

The first thing to do when you need to convert NGN to CVE 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 Nigerian Naira and Cape Verde Escudo. 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 Nigeria to Cape Verde 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 Cape Verde.


Which are the best money transfer companies to transfer money to Cape Verde from Nigeria?

Nigeria to Cape Verde 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 Cape Verde 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 Nigerian Naira to Cape Verde Escudo 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 to Cape Verde from Nigeria

There are many important aspects of Nigeria to Cape Verde 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 CVE 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 Cape Verde to validate that they get the money once the transaction clears.