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NGN to SGD - Transfers Compared

NGN-SGD Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.

To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.

 
 

Compare Exchange Rates & Fees - Save Time & Money

 

Sending money to Singapore can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.

Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Singapore bank accounts or pay a Singapore dollar invoice.

 
   

NGN to SGD Market Data

Nigerian naira (NGN) to Singapore dollar (SGD) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell NGN   →   Buy SGD
1 NGN = 0.000831 SGD
NGN to SGD at 0.000831 is near its 3-month average, having traded in a fairly volatile 9.9% range from 0.000802 to 0.000881
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Tracker

Is the NGN to SGD Exchange Rate Likely to Improve?

Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Nigerian naira against the Singapore dollar is to review how the NGN/SGD rate has changed over time.

The table below shows the percentage change in the NGN to SGD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateNGN/SGDPeriod
31 May 2025
0.000813
2 Week
16 Mar 2025
0.000866
3 Month
14 Jun 2024
0.000905
1 Year
15 Jun 2020
0.003584
5 Year
17 Jun 2015
0.006728
10 Year
19 Jun 2005
0.0124
20 Year
NGN/SGD historic rates
 

NGN to SGD Conversion: What Is Your Money Worth?

To help you understand the real-world value of the current exchange rate, the table below shows how much Nigerian naira are worth in Singapore dollar across a range of amounts.

This gives a quick view of what you’d get when converting different NGN amounts at today’s rate * :

NGN SGD
₦ 1 S$ 0.0008
₦ 5 S$ 0.0042
₦ 10 S$ 0.0083
₦ 20 S$ 0.0166
₦ 50 S$ 0.0416
₦ 100 S$ 0.0831
₦ 250 S$ 0.2078
₦ 500 S$ 0.4155
₦ 1,000 S$ 0.8310
₦ 2,000 S$ 1.6620
₦ 5,000 S$ 4.1550
₦ 10,000 S$ 8.3100
₦ 20,000 S$ 16.62
₦ 50,000 S$ 41.55
₦ 100,000 S$ 83.10
NGN SGD
1.0000 S$ 1
5.0000 S$ 5
10.00 S$ 10
20.00 S$ 20
50.00 S$ 50
100.00 S$ 100
250.00 S$ 250
500.00 S$ 500
1,000 S$ 1,000
2,000 S$ 2,000
5,000 S$ 5,000
10,000 S$ 10,000
20,000 S$ 20,000
50,000 S$ 50,000
100,000 S$ 100,000

More amounts

*Converted at the current NGN-SGD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the best Send Money conversion rate for NGN to SGD?

The best NGN to SGD exchange rate is 0.0008 from WorldRemit. This is -3.7% compared to the mid-market rate 0.000831.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Nigerian naira (NGN) to Singapore dollar (SGD) rates from different sources before making a conversion.

The above Naira to Singapore dollar comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest NGN-SGD mid-rate and the possible savings of using various providers. 

How do NGN-SGD rates compare between providers?

Looking at the full NGN to SGD - Send Money comparison table the provider with the best NGN to SGD exchange rate is WorldRemit at 0.0008, -3.7% from the latest mid-market rate 0.000831.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers 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.

 

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