Compare today's NGN to DOP (Nigerian Naira to Dominican Peso) exchange rates
Interbank Exchange Rate: 1 NGN = 0.0462 DOP
Updated about an hour ago
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All you need to know about Nigerian Naira to Dominican Peso money transfers
Easily compare money transfer providers in one place to send money from Nigeria to Dominican Republic. Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to Dominican Peso (DOP) 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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Latest NGN to DOP Conversion Rates
Here are some latest NGN to DOP (Nigerian Naira to Dominican Peso) exchange rates for popular conversion amounts*.
| 1 NGN | 0.05 DOP |
| 5 NGN | 0.23 DOP |
| 10 NGN | 0.46 DOP |
| 25 NGN | 1.16 DOP |
| 50 NGN | 2.31 DOP |
| 100 NGN | 4.62 DOP |
| 150 NGN | 6.93 DOP |
| 200 NGN | 9.24 DOP |
| 250 NGN | 11.55 DOP |
| 300 NGN | 13.86 DOP |
| 400 NGN | 18.48 DOP |
| 500 NGN | 23.10 DOP |
| 600 NGN | 27.72 DOP |
| 700 NGN | 32.34 DOP |
| 800 NGN | 36.96 DOP |
| 1,000 NGN | 46.20 DOP |
| 1,500 NGN | 69.30 DOP |
| 2,000 NGN | 92.40 DOP |
| 2,500 NGN | 115.50 DOP |
| 3,000 NGN | 138.60 DOP |
| 4,000 NGN | 184.80 DOP |
| 5,000 NGN | 231.00 DOP |
| 10,000 NGN | 462.00 DOP |
| 15,000 NGN | 693.00 DOP |
| 20,000 NGN | 924.00 DOP |
| 30,000 NGN | 1,386.00 DOP |
| 40,000 NGN | 1,848.00 DOP |
| 50,000 NGN | 2,310.00 DOP |
| 100,000 NGN | 4,620.00 DOP |
*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 from Nigeria to Dominican Republic?
With the global remittance market booming, there are so many choices for Nigerian Naira to DOP money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Dominican Republic from Nigeria. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final DOP amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best rate to transfer money to Dominican Republic from Nigeria?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Dominican Republic 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 Dominican Peso 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 Dominican Republic corridor to give you more good choices for your next DOP 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 Dominican Republic from Nigeria?
One of the most important things to watch out for is hidden fees when sending money to Dominican Republic 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 Dominican Republic using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Dominican Peso foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best NGN to Dominican Republic 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 Dominican Republic from Nigeria.
How to send money from Nigeria to Dominican Republic through a bank?
We do not recommend using your local bank in Nigeria for your next NGN to DOP 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 Dominican Republic (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 DOP to Dominican Republic. These companies will let you use your local bank account in Nigeria to pay for your Dominican Republic money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
How to send money from Nigeria to Dominican Republic fast?
The speed of your Nigerian Naira to Dominican Peso 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 DOP. 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 Dominican Republic 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 Dominican Republic 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 DOP into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Nigeria bank to Dominican Republic bank transfer.
Which are the best money transfer companies to send money to Dominican Republic from Nigeria?
Since the Nigerian Naira to Dominican Peso money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Nigeria that may also be able to send money to Dominican Republic. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.
To further decrease the cost of your NGN to DOP money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Dominican Republic gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Nigeria to Dominican Republic transaction.
Step by step guide to transfer money to Dominican Republic from Nigeria
There are many important aspects of Nigeria to Dominican Republic 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 DOP 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.