Compare today's NGN to YER (Nigerian Naira to Yemeni Rial) exchange rates
๐ Nigeria to Yemen Money Transfer Snapshot Today
- Number of money transfer providers compared: 0
- Mid-market
โThe mid-market exchange rate (also called the interbank rate) is the real NGN to YER exchange rate before providers add their margin or fees. exchange rate: 1 NGN = YER 0.1762 (Updated about an hour ago)
๐กWhat today's NGN-YER exchange rates mean for you
Compare today's NGN-YER exchange rates and send money from Nigeria to Yemen after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes โ all in one place.
NGN-YER exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final YER payout that your recipient gets in Yemen.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Nigeria to Yemen remittances.
๐ Looking for the reverse corridor? Send money from Yemen to Nigeria instead.
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.
Latest NGN to YER Conversion Rates
Here are some latest NGN to YER (Nigerian Naira to Yemeni Rial) exchange rates for popular conversion amounts*.
| 1 NGN | 0.18 YER |
| 5 NGN | 0.88 YER |
| 10 NGN | 1.76 YER |
| 25 NGN | 4.41 YER |
| 50 NGN | 8.81 YER |
| 100 NGN | 17.62 YER |
| 150 NGN | 26.43 YER |
| 200 NGN | 35.24 YER |
| 250 NGN | 44.05 YER |
| 300 NGN | 52.86 YER |
| 400 NGN | 70.48 YER |
| 500 NGN | 88.10 YER |
| 600 NGN | 105.72 YER |
| 700 NGN | 123.34 YER |
| 800 NGN | 140.96 YER |
| 1000 NGN | 176.20 YER |
| 1500 NGN | 264.30 YER |
| 2000 NGN | 352.40 YER |
| 2500 NGN | 440.50 YER |
| 3000 NGN | 528.60 YER |
| 4000 NGN | 704.80 YER |
| 5000 NGN | 881.00 YER |
| 10000 NGN | 1,762.00 YER |
| 15000 NGN | 2,643.00 YER |
| 20000 NGN | 3,524.00 YER |
| 30000 NGN | 5,286.00 YER |
| 40000 NGN | 7,048.00 YER |
| 50000 NGN | 8,810.00 YER |
| 100000 NGN | 17,620.00 YER |
*Based on the Mid-market Exchange Rate
What's the best way to send money to Yemen from Nigeria?
With the global remittance market booming, there are so many choices for Nigerian Naira to YER 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 Yemen 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 YER 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 sending money from Nigeria to Yemen?
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 Yemen 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 Yemeni 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 Yemeni 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 for transferring money to Yemen from Nigeria?
One of the most important things to watch out for is hidden fees when sending money to Yemen from Nigeria. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Yemen using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Yemeni Rial foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best NGN to Yemen exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Yemen from Nigeria.
How to send money from Nigeria to Yemen 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 YER 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 Yemen 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 Yemen 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 Yemen. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to do a money transfer to Yemen from Nigeria?
The first thing to do when you need to convert NGN to YER 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 Yemeni Rial. 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 Yemen 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 Yemen.
Which are the best money transfer companies to send money from Nigeria to Yemen?
Since the Nigerian Naira to Yemeni 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 Yemen. 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 YER money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Yemen 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 Yemen transaction.
Step by step guide to send money from Nigeria to Yemen
The first step to send money to Yemen from Nigeria is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.Once you have a provider chosen, follow these steps to execute your NGN to YER overseas funds transfer.
- Click through to the provider's site and register an account.
- Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
- Add recipient information including their bank account in Yemen if paying via ACH direct deposit or bank transfer.
- Enter your sending amount, and initiate a transaction.
- Pay for your transaction via your Nigeria bank account or alternative methods like a debit card.
- Sit back and relax, and see your money travel to Yemen!
