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

Compare today's NGN to USD (Nigerian Naira to US Dollar) exchange rates

Nigeria
Timor-Leste (East Timor)
NGN

Interbank Exchange Rate: 1 NGN = 0.0008 USD
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 NGN =
0.80 USD
Transfer Limit (NGN): No Limits
Indicative Rate1 NGN = 0.0008 USD

📢 B2B transfers only

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Nigerian Naira to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Nigeria to Timor-Leste (East Timor). Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to US Dollar (USD) 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.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Nigeria to Timor-Leste (East Timor).

The best rate to send US Dollar from Nigerian Naira to your loved ones in Timor-Leste (East Timor) is currently offered by Verto; their 1 NGN to USD exchange rate today is 0.0008.

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 Timor-Leste (East Timor) 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 USD Conversion Rates

Here are some latest NGN to USD (Nigerian Naira to US Dollar) exchange rates for popular conversion amounts*.

1 NGN0.00 USD
5 NGN0.00 USD
10 NGN0.01 USD
25 NGN0.02 USD
50 NGN0.04 USD
100 NGN0.08 USD
150 NGN0.12 USD
200 NGN0.16 USD
250 NGN0.20 USD
300 NGN0.24 USD
400 NGN0.32 USD
500 NGN0.40 USD
600 NGN0.48 USD
700 NGN0.56 USD
800 NGN0.64 USD
1,000 NGN0.80 USD
1,500 NGN1.20 USD
2,000 NGN1.60 USD
2,500 NGN2.00 USD
3,000 NGN2.40 USD
4,000 NGN3.20 USD
5,000 NGN4.00 USD
10,000 NGN8.00 USD
15,000 NGN12.00 USD
20,000 NGN16.00 USD
30,000 NGN24.00 USD
40,000 NGN32.00 USD
50,000 NGN40.00 USD
100,000 NGN80.00 USD

*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 Timor-Leste (East Timor) from Nigeria?

It can be very confusing when sending money from Nigeria to Timor-Leste (East Timor) given so many choices. Additionally, Nigerian Naira to USD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Nigeria to Timor-Leste (East Timor) as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Timor-Leste (East Timor) from Nigeria. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Nigerian Naira to United States Dollar remittances.


How to get the best exchange rate for your money transfers from Nigeria to Timor-Leste (East Timor)?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Timor-Leste (East Timor).

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Nigeria to Timor-Leste (East Timor) transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your NGN to United States Dollar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way for transferring money to Timor-Leste (East Timor) from Nigeria?

One of the most important things to watch out for is hidden fees when sending money to Timor-Leste (East Timor) 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 Timor-Leste (East Timor) using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your United States Dollar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best NGN to Timor-Leste (East Timor) 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 Timor-Leste (East Timor) from Nigeria.


How to send money from Nigeria to Timor-Leste (East Timor) through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Nigeria to Timor-Leste (East Timor). But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the NGN to USD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Nigeria bank for your Timor-Leste (East Timor) money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Nigeria to Timor-Leste (East Timor) fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Nigeria to Timor-Leste (East Timor). 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 USD 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 Timor-Leste (East Timor). 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 United States Dollar quickly to Timor-Leste (East Timor), 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 send money from Nigeria to Timor-Leste (East Timor)?

The first step in selecting the best money transfer operators for Nigeria to Timor-Leste (East Timor) remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Nigerian Naira to United States Dollar money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Timor-Leste (East Timor).


Step by step guide to send money to Timor-Leste (East Timor) from Nigeria

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Nigeria to Timor-Leste (East Timor), then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Nigeria to Timor-Leste (East Timor) that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Timor-Leste (East Timor) where they can receive monies in United States Dollar.
  • Then, provide details of your Nigeria bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your NGN travel to another part of the globe.