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Compare today's NGN to IRR (Nigerian Naira to Iranian Rial) exchange rates

Nigeria
Iran
NGN

Interbank Exchange Rate: 1 NGN = 30.3181 IRR
Updated about an hour ago

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All you need to know about Nigerian Naira to Iranian Rial money transfers

Easily compare money transfer providers in one place to send money from Nigeria to Iran. Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to Iranian Rial (IRR) 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 IRR Conversion Rates

Here are some latest NGN to IRR (Nigerian Naira to Iranian Rial) exchange rates for popular conversion amounts*.

1 NGN30.32 IRR
5 NGN151.59 IRR
10 NGN303.18 IRR
25 NGN757.95 IRR
50 NGN1,515.91 IRR
100 NGN3,031.81 IRR
150 NGN4,547.72 IRR
200 NGN6,063.62 IRR
250 NGN7,579.53 IRR
300 NGN9,095.43 IRR
400 NGN12,127.24 IRR
500 NGN15,159.05 IRR
600 NGN18,190.86 IRR
700 NGN21,222.67 IRR
800 NGN24,254.48 IRR
1,000 NGN30,318.10 IRR
1,500 NGN45,477.15 IRR
2,000 NGN60,636.20 IRR
2,500 NGN75,795.25 IRR
3,000 NGN90,954.30 IRR
4,000 NGN121,272.40 IRR
5,000 NGN151,590.50 IRR
10,000 NGN303,181.00 IRR
15,000 NGN454,771.50 IRR
20,000 NGN606,362.00 IRR
30,000 NGN909,543.00 IRR
40,000 NGN1,212,724.00 IRR
50,000 NGN1,515,905.00 IRR
100,000 NGN3,031,810.00 IRR

*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 Iran?

It can be very confusing when sending money from Nigeria to Iran given so many choices. Additionally, Nigerian Naira to IRR 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 Iran 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 Iran 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 Iranian Rial remittances.


How to get the best rate to transfer money to Iran from Nigeria?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Nigeria to Iran transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your NGN to Iranian Rial international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Nigerian Naira to Iranian Rial exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

When you want to send money to Iran from Nigeria, you obviously want the cheapest possible option to maximize the money your recipient gets in Iranian Rial. 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 IRR 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 Iran. 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 Iran 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 Iranian Rial overseas.


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

Bank transfers have been a traditionally popular way to send money overseas from Nigeria to Iran. 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 IRR 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 Iran 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 Iran fast?

If you need to convert NGN to IRR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Nigeria to Iran could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Nigerian Naira to Iranian Rial funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Iran.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Nigeria to Iran. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

Since the Nigerian Naira to Iranian Rial 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 Iran. 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 IRR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Iran 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 Iran transaction.


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

There are many important aspects of Nigeria to Iran 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 IRR 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.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Iran to validate that they get the money once the transaction clears.