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

Compare today's NGN to HUF (Nigerian Naira to Hungarian Forint) exchange rates

Nigeria
Hungary
NGN

Interbank Exchange Rate: 1 NGN = 0.2349 HUF
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 NGN =
233.00 HUF
Transfer Limit (NGN): No Limits
Indicative Rate1 NGN = 0.2330 HUF

📢 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 Hungarian Forint money transfers

Easily compare money transfer providers in one place to send money from Nigeria to Hungary. Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to Hungarian Forint (HUF) 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 Hungary.

The best rate to send Hungarian Forint from Nigerian Naira to your loved ones in Hungary is currently offered by Verto; their 1 NGN to HUF exchange rate today is 0.2330.

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 Hungary 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 HUF Conversion Rates

Here are some latest NGN to HUF (Nigerian Naira to Hungarian Forint) exchange rates for popular conversion amounts*.

1 NGN0.23 HUF
5 NGN1.17 HUF
10 NGN2.35 HUF
25 NGN5.87 HUF
50 NGN11.75 HUF
100 NGN23.49 HUF
150 NGN35.24 HUF
200 NGN46.98 HUF
250 NGN58.73 HUF
300 NGN70.47 HUF
400 NGN93.96 HUF
500 NGN117.45 HUF
600 NGN140.94 HUF
700 NGN164.43 HUF
800 NGN187.92 HUF
1,000 NGN234.90 HUF
1,500 NGN352.35 HUF
2,000 NGN469.80 HUF
2,500 NGN587.25 HUF
3,000 NGN704.70 HUF
4,000 NGN939.60 HUF
5,000 NGN1,174.50 HUF
10,000 NGN2,349.00 HUF
15,000 NGN3,523.50 HUF
20,000 NGN4,698.00 HUF
30,000 NGN7,047.00 HUF
40,000 NGN9,396.00 HUF
50,000 NGN11,745.00 HUF
100,000 NGN23,490.00 HUF

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


What's the best way to transfer money from Nigeria to Hungary?

With the global remittance market booming, there are so many choices for Nigerian Naira to HUF 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 Hungary 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 HUF 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 remit rate for transferring money from Nigeria to Hungary?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Hungary 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 Hungarian Forint 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 Hungary corridor to give you more good choices for your next HUF money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to transfer money from Nigeria to Hungary?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Nigeria to Hungary via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Nigerian Naira to Hungarian Forint remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Nigeria to Hungary exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for NGN to HUF remittances.


How to send money from Nigeria to Hungary through a bank?

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

The first thing to do when you need to convert NGN to HUF 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 Hungarian Forint. 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 Hungary 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 Hungary.


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

Nigeria to Hungary 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 Hungary 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 Hungarian Forint 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 transfer money to Hungary 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 Hungary, 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 Hungary 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 Hungary where they can receive monies in Hungarian Forint.
  • 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.