What is the
WorldRemit Send Money conversion rate for SGD to NGN?
The WorldRemit SGD to NGN exchange rate is 1191.58. This is - compared to the latest SGD-NGN mid-market rate 1,203.6.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Singapore dollar (SGD) to Nigerian naira (NGN) rates from different sources before making a conversion.
The above
WorldRemit - Singapore dollar to Naira comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
WorldRemit and other foreign exchange providers against the latest SGD-NGN mid-rate and the possible savings of using various providers.
How do WorldRemit SGD-NGN rates compare between providers?
Looking at the full
SGD to NGN - Send Money comparison table the provider with the best SGD to NGN exchange rate is Wise at 1196.4.
The next best is WorldRemit at 1191.58.
Among the banks the CIMB Bank rate is -21.9038 the OCBC Bank rate is 1171.12 and the Maybank rate is 1161.49 compared to the mid-rate 1,203.6.
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
like WorldRemit or platforms that offer rates closer to the mid-market rate.