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Compare today's YER to NGN (Yemeni Rial to Nigerian Naira) exchange rates

Yemen
Nigeria
YER

Interbank Exchange Rate: 1 YER = 5.7413 NGN
Updated about an hour ago

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All you need to know about Yemeni Rial to Nigerian Naira money transfers

Easily compare money transfer providers in one place to send money from Yemen to Nigeria. Send money overseas to your loved ones by comparing Yemeni Rial (YER) 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 Yemen.

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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.

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.


Latest YER to NGN Conversion Rates

Here are some latest YER to NGN (Yemeni Rial to Nigerian Naira) exchange rates for popular conversion amounts*.

1 YER5.74 NGN
5 YER28.71 NGN
10 YER57.41 NGN
25 YER143.53 NGN
50 YER287.07 NGN
100 YER574.13 NGN
150 YER861.19 NGN
200 YER1,148.26 NGN
250 YER1,435.33 NGN
300 YER1,722.39 NGN
400 YER2,296.52 NGN
500 YER2,870.65 NGN
600 YER3,444.78 NGN
700 YER4,018.91 NGN
800 YER4,593.04 NGN
1,000 YER5,741.30 NGN
1,500 YER8,611.95 NGN
2,000 YER11,482.60 NGN
2,500 YER14,353.25 NGN
3,000 YER17,223.90 NGN
4,000 YER22,965.20 NGN
5,000 YER28,706.50 NGN
10,000 YER57,413.00 NGN
15,000 YER86,119.50 NGN
20,000 YER114,826.00 NGN
30,000 YER172,239.00 NGN
40,000 YER229,652.00 NGN
50,000 YER287,065.00 NGN
100,000 YER574,130.00 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 Yemen to Nigeria money transfers?

Sending money internationally to Nigeria from Yemen can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Yemeni Rial to NGN remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Nigeria. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Nigerian Naira.


How to get the best exchange rate for your money transfers from Yemen to Nigeria?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Nigeria.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Yemen to Nigeria transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your YER to Nigerian Naira money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way for transferring money to Nigeria from Yemen?

When you want to send money to Nigeria from Yemen, 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 YER 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 Yemen 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 Yemen 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.


How to send money to Nigeria from 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 YER 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 Yemen 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 Yemen. They do this by letting you fund your transaction through your local bank account in Yemen, 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 from Yemen to Nigeria fast?

The speed of your Yemeni Rial 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 YER 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 Yemen 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 Yemen bank to Nigeria bank transfer.


Which are the best money transfer companies to transfer money from Yemen to Nigeria?

Comparing money transfer companies for sending money to Nigeria from Yemen can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Nigeria. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Yemeni Rial to Nigerian Naira transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Nigerian Naira yield on every Yemeni Rial that you send.


Step by step guide to send money from Yemen 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 Yemen 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 Yemen 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 Yemen 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 YER travel to another part of the globe.