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Compare today's NGN to DJF (Nigerian Naira to Djiboutian Franc) exchange rates

Nigeria
Djibouti
NGN

Interbank Exchange Rate: 1 NGN = 0.1301 DJF
Updated about an hour ago

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All you need to know about Nigerian Naira to Djiboutian Franc money transfers

Easily compare money transfer providers in one place to send money from Nigeria to Djibouti. Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to Djiboutian Franc (DJF) 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 Djibouti 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 DJF Conversion Rates

Here are some latest NGN to DJF (Nigerian Naira to Djiboutian Franc) exchange rates for popular conversion amounts*.

1 NGN0.13 DJF
5 NGN0.65 DJF
10 NGN1.30 DJF
25 NGN3.25 DJF
50 NGN6.51 DJF
100 NGN13.01 DJF
150 NGN19.52 DJF
200 NGN26.02 DJF
250 NGN32.53 DJF
300 NGN39.03 DJF
400 NGN52.04 DJF
500 NGN65.05 DJF
600 NGN78.06 DJF
700 NGN91.07 DJF
800 NGN104.08 DJF
1,000 NGN130.10 DJF
1,500 NGN195.15 DJF
2,000 NGN260.20 DJF
2,500 NGN325.25 DJF
3,000 NGN390.30 DJF
4,000 NGN520.40 DJF
5,000 NGN650.50 DJF
10,000 NGN1,301.00 DJF
15,000 NGN1,951.50 DJF
20,000 NGN2,602.00 DJF
30,000 NGN3,903.00 DJF
40,000 NGN5,204.00 DJF
50,000 NGN6,505.00 DJF
100,000 NGN13,010.00 DJF

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


What's the best way to send money to Djibouti from Nigeria?

There are many good choices when it comes to sending money from Nigeria to Djibouti. 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 DJF money transfers.

We compare different remittance companies to bring you the best options to send money to Djibouti 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 Djiboutian Franc 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 your money transfers from Nigeria to Djibouti?

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 Djiboutian Franc 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 Djibouti. 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 DJF remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Djibouti from Nigeria?

When you want to send money to Djibouti from Nigeria, you obviously want the cheapest possible option to maximize the money your recipient gets in Djiboutian Franc. 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 DJF 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 Djibouti. 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 Djibouti 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 Djiboutian Franc overseas.


Should I use my bank to send money from Nigeria to Djibouti?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low NGN to DJF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Nigeria to Djibouti money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Djibouti from Nigeria. They do this by letting you fund your transaction through your local bank account in Nigeria, and by allowing you to choose the payout to be your recipient's bank account in Djibouti. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Nigeria to Djibouti fast?

The speed of your Nigerian Naira to Djiboutian Franc 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 NGN to DJF. 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 Djibouti from Nigeria 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 Djibouti 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 DJF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Nigeria bank to Djibouti bank transfer.


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

Comparing money transfer companies for sending money to Djibouti 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 Djibouti. 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 Djiboutian Franc 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 Djiboutian Franc yield on every Nigerian Naira that you send.


Step by step guide to do a money transfer from Nigeria to Djibouti

The first step to send money to Djibouti 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 DJF 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 Djibouti 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 Djibouti!

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 Djibouti.