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

Compare today's NGN to SGD (Nigerian Naira to Singapore Dollar) exchange rates

Nigeria
Singapore
NGN
Interbank Exchange Rate: 1 NGN = 0.0010 SGD
Updated about an hour ago

Found 1 Remittance Service Providers

(*)(*)(*)(*)(*)
1000 NGN =
1.00 SGD
Transfer Limit (NGN): No Limits
Indicative Rate1 NGN = 0.0010 SGD

📢 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 Singapore Dollar money transfers

Easily compare money transfer providers in one place to send money from Nigeria to Singapore. Send money overseas to your loved ones by comparing Nigerian Naira (NGN) to Singapore Dollar (SGD) 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.

When making a money transfer to Singapore from Nigeria, we currently have 1 remittance service providers available.

Verto currently offers the most competitive rate for sending money to Singapore and their 1 NGN to SGD exchange rate today is 0.0010.

Were you looking to send money from Singapore 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 SGD Conversion Rates

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

1 NGN0.00 SGD
5 NGN0.01 SGD
10 NGN0.01 SGD
25 NGN0.03 SGD
50 NGN0.05 SGD
100 NGN0.10 SGD
150 NGN0.15 SGD
200 NGN0.20 SGD
250 NGN0.25 SGD
300 NGN0.30 SGD
400 NGN0.40 SGD
500 NGN0.50 SGD
600 NGN0.60 SGD
700 NGN0.70 SGD
800 NGN0.80 SGD
1,000 NGN1.00 SGD
1,500 NGN1.50 SGD
2,000 NGN2.00 SGD
2,500 NGN2.50 SGD
3,000 NGN3.00 SGD
4,000 NGN4.00 SGD
5,000 NGN5.00 SGD
10,000 NGN10.00 SGD
15,000 NGN15.00 SGD
20,000 NGN20.00 SGD
30,000 NGN30.00 SGD
40,000 NGN40.00 SGD
50,000 NGN50.00 SGD
100,000 NGN100.00 SGD

*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 Singapore?

With the global remittance market booming, there are so many choices for Nigerian Naira to SGD 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 Singapore 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 SGD 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 exchange rate for your money transfers from Nigeria to Singapore?

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


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

Finding the cheapest way to send money from Nigeria to Singapore 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 SGD 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 Singapore 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 to Singapore from Nigeria through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low NGN to SGD exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Nigeria to Singapore money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Singapore from Nigeria. They do this by letting you fund your transaction through your local bank account in Nigeria, and by allowing you to choose the payout to be your recipient's bank account in Singapore. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Nigeria to Singapore?

The first thing to do when you need to convert NGN to SGD 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 Singapore Dollar. 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 Singapore 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 Singapore.


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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Nigeria to Singapore, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Nigerian Naira to Singapore Dollar exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your SGD money transfers to Singapore. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Singapore getting more money for every Nigerian Naira you send.


Step by step guide to send money to Singapore from Nigeria

Follow the below easy steps to send money to Singapore 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 Singapore).
  • 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 SGD 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.