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Compare today's NGN to KYD (Nigerian Naira to Cayman Islands Dollar) exchange rates

Nigeria
Cayman Islands
NGN

Interbank Exchange Rate: 1 NGN = 0.0007 KYD
Updated about an hour ago

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All you need to know about Nigerian Naira to Cayman Islands Dollar money transfers

Easily compare money transfer providers in one place to send money from Nigeria to Cayman Islands. Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to Cayman Islands Dollar (KYD) 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.

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 KYD Conversion Rates

Here are some latest NGN to KYD (Nigerian Naira to Cayman Islands Dollar) exchange rates for popular conversion amounts*.

1 NGN0.00 KYD
5 NGN0.00 KYD
10 NGN0.01 KYD
25 NGN0.02 KYD
50 NGN0.03 KYD
100 NGN0.07 KYD
150 NGN0.11 KYD
200 NGN0.14 KYD
250 NGN0.18 KYD
300 NGN0.21 KYD
400 NGN0.28 KYD
500 NGN0.35 KYD
600 NGN0.42 KYD
700 NGN0.49 KYD
800 NGN0.56 KYD
1,000 NGN0.70 KYD
1,500 NGN1.05 KYD
2,000 NGN1.40 KYD
2,500 NGN1.75 KYD
3,000 NGN2.10 KYD
4,000 NGN2.80 KYD
5,000 NGN3.50 KYD
10,000 NGN7.00 KYD
15,000 NGN10.50 KYD
20,000 NGN14.00 KYD
30,000 NGN21.00 KYD
40,000 NGN28.00 KYD
50,000 NGN35.00 KYD
100,000 NGN70.00 KYD

*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 Cayman Islands 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 Cayman Islands. 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 KYD.

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 KYD in Cayman Islands. 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 Cayman Islands from Nigeria. We provide you with maximum choices to send money to Cayman Islands by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Nigeria to Cayman Islands?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Cayman Islands from Nigeria. 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 NGN to Cayman Islands Dollar 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 Nigeria to Cayman Islands corridor to give you more good choices for your next KYD money transfer. This way you do not miss out on additional options to potentially save more.


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

The final amount your recipient gets when you send NGN to KYD 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 Nigeria to Cayman Islands 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 Cayman Islands Dollar 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 Nigerian Naira to Cayman Islands 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 from Nigeria to Cayman Islands through a bank?

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

The first thing to do when you need to convert NGN to KYD 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 Cayman Islands Dollar. 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 Cayman Islands 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 Cayman Islands.


Which are the best money transfer companies to transfer money from Nigeria to Cayman Islands?

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 Cayman Islands, 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 Cayman Islands Dollar 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 KYD money transfers to Cayman Islands. 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 Cayman Islands getting more money for every Nigerian Naira you send.


Step by step guide to transfer money to Cayman Islands from Nigeria

With so many possible ways to transfer Nigerian Naira to Cayman Islands Dollar, 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 Nigeria to Cayman Islands 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 Nigeria and the receiver in Cayman Islands. 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 NGN to Cayman Islands Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.