📈 Saudi Arabia to Nigeria Money Transfer Snapshot Today
- Best SAR to NGN exchange rate today: NGN 363.5067, offered by Verto
- Number of money transfer providers compared: 1
- Number of deals and promo codes: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real SAR to NGN exchange rate before providers add their margin or fees. exchange rate: 1 SAR = NGN 366.8629 (Updated about an hour ago)
See detailed Saudi Arabia to Nigeria money transfer comparison below.
Saudi Arabia to Nigeria money transfer providers that matched the search criteria
📢 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.
💡What these rates mean for sending money to Nigeria from Saudi Arabia today
Compare top-rated money transfer providers to find the best way to remit money to Nigeria from Saudi Arabia. Check today's SAR to NGN exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.
RemitFinder compared 1 provider for Saudi Arabia to Nigeria money transfers today. Here is what the competition looks like right now:
Today's Most Competitive Providers to Transfer Money to Nigeria from Saudi Arabia
🥇 Verto with 1 SAR = 363.5067 NGN (best SAR to NGN exchange rate today).
Saudi Riyal to Nigerian Naira exchange rates fluctuate throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate offered can significantly impact how much NGN your recipient receives in Nigeria.
Compare the providers above to maximize every SAR you send to Nigeria. The best Saudi Riyal to Nigerian Naira transfer rate changes daily, so comparing today matters.
🔄 Looking for the reverse corridor? Send money from Nigeria to Saudi Arabia 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 Saudi Arabia.
Latest Exchange Rates for Sending Money to Nigeria from Saudi Arabia
Here are some latest SAR to NGN (Saudi Riyal to Nigerian Naira) exchange rates for popular conversion amounts*.
| 1 SAR | 366.86 NGN |
| 5 SAR | 1,834.31 NGN |
| 10 SAR | 3,668.63 NGN |
| 25 SAR | 9,171.57 NGN |
| 50 SAR | 18,343.15 NGN |
| 100 SAR | 36,686.29 NGN |
| 150 SAR | 55,029.44 NGN |
| 200 SAR | 73,372.58 NGN |
| 250 SAR | 91,715.73 NGN |
| 300 SAR | 110,058.87 NGN |
| 400 SAR | 146,745.16 NGN |
| 500 SAR | 183,431.45 NGN |
| 600 SAR | 220,117.74 NGN |
| 700 SAR | 256,804.03 NGN |
| 800 SAR | 293,490.32 NGN |
| 1000 SAR | 366,862.90 NGN |
| 1500 SAR | 550,294.35 NGN |
| 2000 SAR | 733,725.80 NGN |
| 2500 SAR | 917,157.25 NGN |
| 3000 SAR | 1,100,588.70 NGN |
| 4000 SAR | 1,467,451.60 NGN |
| 5000 SAR | 1,834,314.50 NGN |
| 10000 SAR | 3,668,629.00 NGN |
| 15000 SAR | 5,502,943.50 NGN |
| 20000 SAR | 7,337,258.00 NGN |
| 30000 SAR | 11,005,887.00 NGN |
| 40000 SAR | 14,674,516.00 NGN |
| 50000 SAR | 18,343,145.00 NGN |
| 100000 SAR | 36,686,290.00 NGN |
*Based on the Mid-market Exchange Rate
What is the best way to send money from Saudi Arabia to Nigeria?
There are many good choices when it comes to sending money from Saudi Arabia to Nigeria. With RemitFinder, you can easily compare numerous providers to get the best remit rates on your Saudi Riyal to NGN money transfers.We compare different remittance companies to bring you the best options to send money to Nigeria from Saudi Arabia. These trusted partners offer you their best SAR to NGN exchange rates so you benefit the most.
Additionally, we bring you access to exclusive deals and promo codes; these help you further maximize the yield on your Saudi Riyal to Nigerian Naira money transfers.
How to get the best SAR to NGN transfer rate?
Saudi Riyal to Nigerian Naira exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Nigeria from Saudi Arabia. Another added complexity is the multitude of choices at your disposal, making manual searching time consuming and difficult.You can eliminate the manual work to search and compare providers for your SAR to Nigerian Naira money transfers by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various companies, and send you the info you need.
This way, you do not miss out on good choices if we add new partners for the Saudi Arabia to Nigeria corridor.
What is the cheapest way to send money from Saudi Arabia to Nigeria?
One key areas to watch out for is hidden fees when sending money to Nigeria from Saudi Arabia. For instance, if you send money to Nigeria using your bank, you will pay high fees. You may also not get the best exchange rate on your Nigerian Naira FX transaction.RemitFinder partners with many money transfer companies to ensure you get the best SAR to Nigeria exchange rate. The more choices you have, the better it is.
Our partners also provide our customers with many exclusive offers and promo codes which further reduce your cost to send money to Nigeria from Saudi Arabia.
Should I use my bank to transfer money from Saudi Arabia to Nigeria?
There are two major ways that banks in Saudi Arabia make money on international funds transfers. First, by charging steep transaction fees (up to USD 35-50, or currency equivalent), and second, by providing a low SAR to NGN exchange rate.One simple way to maximizing your payout is by minimizing the fees on Saudi Arabia to Nigeria money you send, whilst looking for the best rate.
Most remittance companies offer bank to bank transfers for sending money to Nigeria from Saudi Arabia. You do this by funding your transfer with your bank account in Saudi Arabia, and by paying your recipient in their bank account in Nigeria. But you are likely to get much better rates and lower fees compared to your bank.
How to send money from Saudi Arabia to Nigeria fast?
It can be stressful to rush money from Saudi Arabia to Nigeria. But the good news is that there are best practices you can rely on for fast transfers.First, pick the right payment method to convert from SAR to NGN. For example, bank transfers are slower as compared to cash payments.
Similarly, choose cash pickup to pay your receiver. Just be aware that the FX rate on cash transactions may not be the best, and there is risk in handling cash. Mobile airtime top up may be the next fastest option.
Transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and can vary from provider to provider. See our remittance guide to see how remittances work in general, and what factors affect the speed of your Saudi Arabia to Nigeria money transfers.
Which are the best money transfer companies to remit money to Nigeria from Saudi Arabia?
The definition of "best" is personal to everyone. It may even vary from one Saudi Arabia to Nigeria transfer to the next.When comparing providers, check for factors like the best Saudi Riyal to Nigerian Naira exchange rate, limits, fees, speed, payment and delivery methods, and deals and promotions. Use these parameter to fine tune your choices.
By doing this, you can assess which providers fit your need for NGN money transfer to Nigeria.
Finally, look for any promotions from these providers as these will lower your overall cost. This way, your recipient in Nigeria will get more money for every Saudi Riyal you send.
Step by step guide to send money from Saudi Arabia to Nigeria
With so many choices to transfer from Saudi Riyal to Nigerian Naira, it can be difficult to pick the best provider. RemitFinder helps you compare companies and find the best one to move your funds abroad.Once you have picked the right provider for your Saudi Arabia to Nigeria remittance, follow the below steps.
- Create an account with your provider.
- Provide info and documents needed by to ensure legal and regulatory compliance.
- Add bank accounts for both the sender in Saudi Arabia and the receiver in Nigeria.
- When you are ready, choose the amount and start your transaction.
- At this point, the provider will take it on from here.
- Watch out for updates on the progress of your transaction.