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

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

Singapore
Nigeria
SGD
Interbank Exchange Rate: 1 SGD = 1,112.7050 NGN
Updated about an hour ago

Found 3 Remittance Service Providers

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 SGD =
1 104 526.00 NGN
Transfer Limit (SGD): No Limits
Indicative Rate1 SGD = 1,104.5260 NGN

📢 B2B transfers only
REMITLY
Read more about Remitly
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 SGD =
1 099 010.00 NGN
Transfer Limit (SGD): 0 - 20000
Locked-In Rate1 SGD = 1,099.0100 NGN

📢 Special exchange rate applied for first transfer
airwallex
Read more about Airwallex
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 SGD =
1 094 600.30 NGN
Transfer Limit (SGD): No Limits
Indicative Rate1 SGD = 1,094.6003 NGN

📢 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 Singapore Dollar to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from Singapore to Nigeria. Send money overseas to your loved ones by comparing Singapore Dollar (SGD) to Nigerian Naira (NGN) 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 3 money transfer operators to get you the best FX rates to send money from Singapore to Nigeria.

The best rate to send Nigerian Naira from Singapore Dollar to your loved ones in Nigeria is currently offered by Verto; their 1 SGD to NGN exchange rate today is 1,104.5260.

Remitly offers the next most competitive Singapore Dollar to Nigerian Naira exchange rate today (currently 1 SGD = 1,099.0100 NGN).

Were you looking to send money from Nigeria to Singapore 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 SGD to NGN Conversion Rates

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

1 SGD1,112.71 NGN
5 SGD5,563.53 NGN
10 SGD11,127.05 NGN
25 SGD27,817.63 NGN
50 SGD55,635.25 NGN
100 SGD111,270.50 NGN
150 SGD166,905.75 NGN
200 SGD222,541.00 NGN
250 SGD278,176.25 NGN
300 SGD333,811.50 NGN
400 SGD445,082.00 NGN
500 SGD556,352.50 NGN
600 SGD667,623.00 NGN
700 SGD778,893.50 NGN
800 SGD890,164.00 NGN
1,000 SGD1,112,705.00 NGN
1,500 SGD1,669,057.50 NGN
2,000 SGD2,225,410.00 NGN
2,500 SGD2,781,762.50 NGN
3,000 SGD3,338,115.00 NGN
4,000 SGD4,450,820.00 NGN
5,000 SGD5,563,525.00 NGN
10,000 SGD11,127,050.00 NGN
15,000 SGD16,690,575.00 NGN
20,000 SGD22,254,100.00 NGN
30,000 SGD33,381,150.00 NGN
40,000 SGD44,508,200.00 NGN
50,000 SGD55,635,250.00 NGN
100,000 SGD111,270,500.00 NGN

*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 Singapore to Nigeria?

There are many good choices when it comes to sending money from Singapore to Nigeria. 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 Singapore Dollar to NGN money transfers.

We compare different remittance companies to bring you the best options to send money to Nigeria from Singapore. 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 Singapore Dollar to Nigerian Naira money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Singapore to Nigeria?

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


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

One of the most important things to watch out for is hidden fees when sending money to Nigeria from Singapore. 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 Nigeria using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Nigerian Naira foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best SGD to Nigeria 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 Nigeria from Singapore.


Should I use my bank to transfer money from Singapore to Nigeria?

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 SGD to NGN 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 Singapore to Nigeria 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 Nigeria from Singapore. They do this by letting you fund your transaction through your local bank account in Singapore, and by allowing you to choose the payout to be your recipient's bank account in Nigeria. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Nigeria from Singapore fast?

The first thing to do when you need to convert SGD to NGN 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 Singapore Dollar and Nigerian Naira. 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 Singapore to Nigeria 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 Nigeria.


Which are the best money transfer companies to send money from Singapore to 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 Singapore to Nigeria, 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 Singapore Dollar to Nigerian Naira 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 NGN money transfers to Nigeria. 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 Nigeria getting more money for every Singapore Dollar you send.


Step by step guide to do a money transfer from Singapore to 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 Singapore to Nigeria, 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 Singapore to Nigeria 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 Nigeria where they can receive monies in Nigerian Naira.
  • Then, provide details of your Singapore 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 SGD travel to another part of the globe.


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