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

Compare today's NGN to SAR (Nigerian Naira to Saudi Riyal) exchange rates

Nigeria
Saudi Arabia
NGN
Interbank Exchange Rate: 1 NGN = 0.0027 SAR
Updated about an hour ago

Found 1 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 NGN =
2.70 SAR
Transfer Limit (NGN): No Limits
Indicative Rate1 NGN = 0.0027 SAR

📢 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 Saudi Riyal money transfers

Easily compare money transfer providers in one place to send money from Nigeria to Saudi Arabia. Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to Saudi Riyal (SAR) 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 Saudi Arabia.

The best rate to send Saudi Riyal from Nigerian Naira to your loved ones in Saudi Arabia is currently offered by Verto; their 1 NGN to SAR exchange rate today is 0.0027.

Were you looking to send money from Saudi Arabia to Nigeria instead?

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.

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.


Latest NGN to SAR Conversion Rates

Here are some latest NGN to SAR (Nigerian Naira to Saudi Riyal) exchange rates for popular conversion amounts*.

1 NGN0.00 SAR
5 NGN0.01 SAR
10 NGN0.03 SAR
25 NGN0.07 SAR
50 NGN0.14 SAR
100 NGN0.27 SAR
150 NGN0.41 SAR
200 NGN0.54 SAR
250 NGN0.68 SAR
300 NGN0.81 SAR
400 NGN1.08 SAR
500 NGN1.35 SAR
600 NGN1.62 SAR
700 NGN1.89 SAR
800 NGN2.16 SAR
1,000 NGN2.70 SAR
1,500 NGN4.05 SAR
2,000 NGN5.40 SAR
2,500 NGN6.75 SAR
3,000 NGN8.10 SAR
4,000 NGN10.80 SAR
5,000 NGN13.50 SAR
10,000 NGN27.00 SAR
15,000 NGN40.50 SAR
20,000 NGN54.00 SAR
30,000 NGN81.00 SAR
40,000 NGN108.00 SAR
50,000 NGN135.00 SAR
100,000 NGN270.00 SAR

*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 Saudi Arabia from Nigeria?

There are many good choices when it comes to sending money from Nigeria to Saudi Arabia. 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 SAR money transfers.

We compare different remittance companies to bring you the best options to send money to Saudi Arabia 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 Saudi Riyal 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 your money transfers from Nigeria to Saudi Arabia?

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 Saudi Arabia.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Nigeria to Saudi Arabia 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 Saudi Riyal 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 to transfer money from Nigeria to Saudi Arabia?

Finding the cheapest way to send money from Nigeria to Saudi Arabia might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer NGN to SAR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Nigeria to Saudi Arabia exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money from Nigeria to Saudi Arabia through a bank?

Big banks in Nigeria are known to make a lot of money by charging high fees on Saudi Arabia 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 SAR 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 Saudi Arabia. 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 Saudi Arabia. You work hard for your money, so you should also ensure you get the maximum yield when you send SAR overseas.


What is the fastest way to transfer money from Nigeria to Saudi Arabia?

The first thing to do when you need to convert NGN to SAR 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 Saudi Riyal. 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 Saudi Arabia 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 Saudi Arabia.


Which are the best money transfer companies to send money from Nigeria to Saudi Arabia?

Comparing money transfer companies for sending money to Saudi Arabia from Nigeria can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Saudi Arabia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Nigerian Naira to Saudi Riyal transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Saudi Riyal yield on every Nigerian Naira that you send.


Step by step guide to send money to Saudi Arabia 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 Saudi Arabia, 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 Saudi Arabia 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 Saudi Arabia where they can receive monies in Saudi Riyal.
  • 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.