What is the
best Business Send Money conversion rate for USD to NGN?
The best Business USD to NGN exchange rate is 1495.57 from Wise.
As Business exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
US dollar (USD) to Nigerian naira (NGN) rates from different sources before making a conversion.
The above
Huntington National Bank - Business Dollar to Naira comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Huntington National Bank and other foreign exchange providers against the latest USD-NGN mid-rate and the possible savings of using various providers.
How do Huntington National Bank USD-NGN rates compare between providers?
Looking at the full
USD to NGN - Send Money comparison table the provider with the best Business USD to NGN exchange rate is Wise at 1495.57.
The next best is Western Union at 1481.26.
Then WorldRemit at 1469.22, .
Among the banks the Chase Bank rate is -81.8063 the Wells Fargo Bank rate is -90.8383 and the Citibank rate is -21.5923 compared to the mid-rate 1,505.4.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Huntington National Bank often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.