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Compare today's TMT to NGN (Turkmenistan Manat to Nigerian Naira) exchange rates

Turkmenistan
Nigeria
TMT

Interbank Exchange Rate: 1 TMT = 391.2697 NGN
Updated about an hour ago

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All you need to know about Turkmenistan Manat to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from Turkmenistan to Nigeria. Send money overseas to your loved ones by comparing Turkmenistan Manat (TMT) 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.

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 Turkmenistan.

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Latest TMT to NGN Conversion Rates

Here are some latest TMT to NGN (Turkmenistan Manat to Nigerian Naira) exchange rates for popular conversion amounts*.

1 TMT391.27 NGN
5 TMT1,956.35 NGN
10 TMT3,912.70 NGN
25 TMT9,781.74 NGN
50 TMT19,563.49 NGN
100 TMT39,126.97 NGN
150 TMT58,690.46 NGN
200 TMT78,253.94 NGN
250 TMT97,817.43 NGN
300 TMT117,380.91 NGN
400 TMT156,507.88 NGN
500 TMT195,634.85 NGN
600 TMT234,761.82 NGN
700 TMT273,888.79 NGN
800 TMT313,015.76 NGN
1,000 TMT391,269.70 NGN
1,500 TMT586,904.55 NGN
2,000 TMT782,539.40 NGN
2,500 TMT978,174.25 NGN
3,000 TMT1,173,809.10 NGN
4,000 TMT1,565,078.80 NGN
5,000 TMT1,956,348.50 NGN
10,000 TMT3,912,697.00 NGN
15,000 TMT5,869,045.50 NGN
20,000 TMT7,825,394.00 NGN
30,000 TMT11,738,091.00 NGN
40,000 TMT15,650,788.00 NGN
50,000 TMT19,563,485.00 NGN
100,000 TMT39,126,970.00 NGN

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Turkmenistan to Nigeria money transfers?

It can be very confusing when sending money from Turkmenistan to Nigeria given so many choices. Additionally, Turkmenistan Manat to NGN exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Turkmenistan to Nigeria as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Nigeria from Turkmenistan. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Turkmenistan Manat to Nigerian Naira remittances.


How to get the best rate to transfer money to Nigeria from Turkmenistan?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Nigeria from Turkmenistan.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your TMT to Nigerian Naira remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for TMT to NGN remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


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

One of the most important things to watch out for is hidden fees when sending money to Nigeria from Turkmenistan. 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 TMT 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 Turkmenistan.


Should I use my bank to send money from Turkmenistan to Nigeria?

Bank transfers have been a traditionally popular way to send money overseas from Turkmenistan to Nigeria. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the TMT to NGN exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Turkmenistan bank for your Nigeria money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money from Turkmenistan to Nigeria fast?

It could be a stressful experience if you need to rush money quickly from Turkmenistan to Nigeria. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert TMT to NGN. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Nigerian Naira. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Turkmenistan to Nigeria money transfers.


Which are the best money transfer companies to send money to Nigeria from Turkmenistan?

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 Turkmenistan 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 Turkmenistan Manat 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 Turkmenistan Manat you send.


Step by step guide to send money to Nigeria from Turkmenistan

With so many possible ways to transfer Turkmenistan Manat to Nigerian Naira, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Turkmenistan to Nigeria remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Turkmenistan and the receiver in Nigeria. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your TMT to Nigerian Naira money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.