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Compare today's NGN to TWD (Nigerian Naira to New Taiwan Dollar) exchange rates

Nigeria
Taiwan
NGN

Interbank Exchange Rate: 1 NGN = 0.0232 TWD
Updated about an hour ago

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All you need to know about Nigerian Naira to New Taiwan Dollar money transfers

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

Were you looking to send money from Taiwan 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 TWD Conversion Rates

Here are some latest NGN to TWD (Nigerian Naira to New Taiwan Dollar) exchange rates for popular conversion amounts*.

1 NGN0.02 TWD
5 NGN0.12 TWD
10 NGN0.23 TWD
25 NGN0.58 TWD
50 NGN1.16 TWD
100 NGN2.32 TWD
150 NGN3.48 TWD
200 NGN4.64 TWD
250 NGN5.80 TWD
300 NGN6.96 TWD
400 NGN9.28 TWD
500 NGN11.60 TWD
600 NGN13.92 TWD
700 NGN16.24 TWD
800 NGN18.56 TWD
1,000 NGN23.20 TWD
1,500 NGN34.80 TWD
2,000 NGN46.40 TWD
2,500 NGN58.00 TWD
3,000 NGN69.60 TWD
4,000 NGN92.80 TWD
5,000 NGN116.00 TWD
10,000 NGN232.00 TWD
15,000 NGN348.00 TWD
20,000 NGN464.00 TWD
30,000 NGN696.00 TWD
40,000 NGN928.00 TWD
50,000 NGN1,160.00 TWD
100,000 NGN2,320.00 TWD

*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 Taiwan?

Sending money internationally to Taiwan from Nigeria can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Nigerian Naira to TWD remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Taiwan. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in New Taiwan Dollar.


How to get the best rate to transfer money to Taiwan 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 Taiwan 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 New Taiwan Dollar 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 New Taiwan Dollar 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 from Nigeria to Taiwan?

The final amount your recipient gets when you send NGN to TWD 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 Taiwan 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 New Taiwan Dollar 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 Taiwan 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 send money from Nigeria to Taiwan?

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

The speed of your Nigerian Naira to New Taiwan Dollar 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 TWD. 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 Taiwan 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 Taiwan 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 TWD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Nigeria bank to Taiwan bank transfer.


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

Nigeria to Taiwan 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 Taiwan 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 New Taiwan Dollar 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 do a money transfer from Nigeria to Taiwan

There are many important aspects of Nigeria to Taiwan 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 TWD 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 Taiwan to validate that they get the money once the transaction clears.