Compare today's USD to NGN (US Dollar to Nigerian Naira) exchange rates
Found 8 Remittance Service Providers
📢 Special exchange rate applied for first transfer
📢 Special exchange rate applied for first transfer
📢 B2B transfers only
📢 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 US Dollar to Nigerian Naira money transfers
Easily compare money transfer providers in one place to send money from United States to Nigeria. Send money overseas to your loved ones by comparing US Dollar (USD) 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 8 money transfer operators to get you the best FX rates to send money from United States to Nigeria.
The best rate to send Nigerian Naira from US Dollar to your loved ones in Nigeria is currently offered by Western Union; their 1 USD to NGN exchange rate today is 1,509.5977.
MoneyGram offers the next most competitive US Dollar to Nigerian Naira exchange rate today (currently 1 USD = 1,499.4000 NGN).
Two other competitive providers for sending money from United States to Nigeria are BOSS Money and WorldRemit.
Were you looking to send money from Nigeria to United States 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 USD to NGN Conversion Rates
Here are some latest USD to NGN (US Dollar to Nigerian Naira) exchange rates for popular conversion amounts*.
| 1 USD | 1,447.29 NGN |
| 5 USD | 7,236.45 NGN |
| 10 USD | 14,472.90 NGN |
| 25 USD | 36,182.25 NGN |
| 50 USD | 72,364.50 NGN |
| 100 USD | 144,729.00 NGN |
| 150 USD | 217,093.50 NGN |
| 200 USD | 289,458.00 NGN |
| 250 USD | 361,822.50 NGN |
| 300 USD | 434,187.00 NGN |
| 400 USD | 578,916.00 NGN |
| 500 USD | 723,645.00 NGN |
| 600 USD | 868,374.00 NGN |
| 700 USD | 1,013,103.00 NGN |
| 800 USD | 1,157,832.00 NGN |
| 1,000 USD | 1,447,290.00 NGN |
| 1,500 USD | 2,170,935.00 NGN |
| 2,000 USD | 2,894,580.00 NGN |
| 2,500 USD | 3,618,225.00 NGN |
| 3,000 USD | 4,341,870.00 NGN |
| 4,000 USD | 5,789,160.00 NGN |
| 5,000 USD | 7,236,450.00 NGN |
| 10,000 USD | 14,472,900.00 NGN |
| 15,000 USD | 21,709,350.00 NGN |
| 20,000 USD | 28,945,800.00 NGN |
| 30,000 USD | 43,418,700.00 NGN |
| 40,000 USD | 57,891,600.00 NGN |
| 50,000 USD | 72,364,500.00 NGN |
| 100,000 USD | 144,729,000.00 NGN |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to send money from USA to Nigeria?
There are many good choices when it comes to sending money from USA 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 United States Dollar to NGN money transfers.We compare different remittance companies to bring you the best options to send money to Nigeria from USA. 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 United States 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 rate to transfer money to Nigeria from USA?
When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your USD to Nigerian Naira money transfer.Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from USA to Nigeria. We carefully select providers to give you the best choices for sending money internationally.
Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for USD to NGN remittances. With our daily free rate alert, you will never have to manually search and compare providers again.
What's the cheapest way to send money from USA to Nigeria?
When you want to send money to Nigeria from USA, you obviously want the cheapest possible option to maximize the money your recipient gets in Nigerian Naira. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your USD to NGN money transfers.Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from USA to Nigeria. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.
That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best USA to Nigeria exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Nigerian Naira overseas.
Should I use my bank to transfer money from USA to Nigeria?
We do not recommend using your local bank in USA for your next USD to NGN 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 USA to Nigeria (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 NGN to Nigeria. These companies will let you use your local bank account in USA to pay for your Nigeria 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 from USA to Nigeria fast?
The speed of your United States Dollar to Nigerian Naira 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 USD to NGN. 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 Nigeria from USA 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 Nigeria 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 NGN into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than USA bank to Nigeria bank transfer.
Which are the best money transfer companies to transfer money from USA to Nigeria?
Since the United States Dollar to Nigerian Naira 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 USA that may also be able to send money to Nigeria. 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 USD to NGN money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Nigeria gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next USA to Nigeria transaction.
Step by step guide to send money from USA to Nigeria
Follow the below easy steps to send money to Nigeria from USA.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your USA bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in Nigeria).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.
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