Reports show that over 15 million Nigerians live in the diaspora, sending more than 18 billion USD back to Nigeria annually. The United States, tops this list, with more than 3.5 million Nigerians living there and conducting the highest number of transactions.

Business and education opportunities are among the top reasons many Nigerians move to the US. But despite living abroad, many have strong ties to Nigeria,  frequently sending money to support their family or patronise  Nigerian vendors. This is why it's important to have a secure and reliable platform like Grey to ensure international transfers are smooth and seamless.

In this post, we've prepared a simple guide on how to use Grey to convert and send USD to NGN  easily.

Related: How to open a Dollar account in Nigeria

Top reasons to use Grey for USD to NGN transfers?

There are many platforms for swapping USD to NGN, but here's how Grey stands out:

• Fast conversions: Converting USD to NGN takes less than a minute, as everything is done on Grey.
• Send to any Nigerian bank: Just like receiving money from the US, you can directly send the NGN equivalent to Nigeria. Plus, you can transfer NGN from Grey to any Nigerian bank.
• Fast international delivery:  Grey has partnered with the necessary regulatory bodies to ensure the recipient gets the funds within 24 hours.
• Excellent rates: Enjoy the best market rates with no hidden fees.  Plus, you can always check the exchange rate before starting a transaction.

Related: How to receive US Dollars in Nigeria with Grey

How to convert USD to NGN on Grey

Checking exchange rates before converting your funds is important as it helps you plan and provides accurate information on how much you will receive after the transaction. At Grey, we have a free currency converter, allowing you to easily calculate how much you will receive after conversion.

Ready to convert USD to  NGN on Grey? Here’s how:

On web

• Log in to your account.

• Proceed to “Accounts” and select a USD balance.

• Click the convert icon, fill out the requested details, and follow the prompt.

On mobile

• Log in to your account.

• On the homepage, Select USD balance.

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• Click “convert,” fill out the requested details, and follow the prompt.

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Whether you need to convert your USD to NGN for business transactions or sending money to loved ones in Nigeria, we recommend using Grey. Create your free account here to enjoy the best exchange rates and seamless transactions.