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Compare today's NGN to KPW (Nigerian Naira to North Korean Won) exchange rates

Nigeria
North Korea
NGN

Interbank Exchange Rate: 1 NGN = 0.6505 KPW
Updated about an hour ago

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All you need to know about Nigerian Naira to North Korean Won money transfers

Easily compare money transfer providers in one place to send money from Nigeria to North Korea. Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to North Korean Won (KPW) 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 KPW Conversion Rates

Here are some latest NGN to KPW (Nigerian Naira to North Korean Won) exchange rates for popular conversion amounts*.

1 NGN0.65 KPW
5 NGN3.25 KPW
10 NGN6.51 KPW
25 NGN16.26 KPW
50 NGN32.53 KPW
100 NGN65.05 KPW
150 NGN97.57 KPW
200 NGN130.10 KPW
250 NGN162.63 KPW
300 NGN195.15 KPW
400 NGN260.20 KPW
500 NGN325.25 KPW
600 NGN390.30 KPW
700 NGN455.35 KPW
800 NGN520.40 KPW
1,000 NGN650.50 KPW
1,500 NGN975.75 KPW
2,000 NGN1,301.00 KPW
2,500 NGN1,626.25 KPW
3,000 NGN1,951.50 KPW
4,000 NGN2,602.00 KPW
5,000 NGN3,252.50 KPW
10,000 NGN6,505.00 KPW
15,000 NGN9,757.50 KPW
20,000 NGN13,010.00 KPW
30,000 NGN19,515.00 KPW
40,000 NGN26,020.00 KPW
50,000 NGN32,525.00 KPW
100,000 NGN65,050.00 KPW

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


What's the best way to do Nigeria to North Korea money transfers?

There are many good choices when it comes to sending money from Nigeria to North Korea. 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 KPW money transfers.

We compare different remittance companies to bring you the best options to send money to North Korea 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 North Korean Won 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 sending money from Nigeria to North Korea?

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


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

The final amount your recipient gets when you send NGN to KPW is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Nigeria to North Korea used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send North Korean Won is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Nigerian Naira to North Korea exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to transfer money from Nigeria to North Korea?

Big banks in Nigeria are known to make a lot of money by charging high fees on North Korea money transfers from Nigeria. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a NGN to KPW exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to North Korea. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Nigeria to North Korea. You work hard for your money, so you should also ensure you get the maximum yield when you send KPW overseas.


What is the fastest way to do a money transfer to North Korea from Nigeria?

The speed of your Nigerian Naira to North Korean Won 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 KPW. 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 North Korea 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 North Korea 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 KPW into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Nigeria bank to North Korea bank transfer.


Which are the best money transfer companies to send money from Nigeria to North Korea?

The first step in selecting the best money transfer operators for Nigeria to North Korea 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 North Korean Won 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 North Korea.


Step by step guide to transfer money to North Korea from Nigeria

Follow the below easy steps to send money to North Korea from Nigeria.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Nigeria bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in North Korea).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your NGN to KPW remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.