MoneyGram Exchange Rate

MoneyGram Exchange Rate

See latest Moneygram Exchange Rates for . You can also compare the changes in Moneygram Rates in other tables below.
Moneygram Exchange Rate Today
Date USD ($) Euro (€) GBP (£)
353.225 401.96 457.31
353.225 405.59 460.35
353.225 406.31 460.73

How to send money with MoneyGram

MoneyGram also offers the ability to track and monitor the status of your money transfer.

You can send MoneyGram via access bank,First Bank, Diamond Bank,Zenith Bank in addition to other Nigerian banks, offering the service.

Just visit any of these banks and fill out a form to send funds abroad.

How much is MoneyGram

See how much the moneygram rate for the week is. The Moneygram Exchange rate (Receiving) is provided here and updated daily for the previous days. See all Previous Rates Below. The table below gives a review of the previous Moneygram dollar to naira rate in Naira. You can also compare prices and rates from Dollars to Pounds and also Euro.
Moneygram Exchange Rate for the week
Date USD ($) Euro (€) GBP (£)
353.225 405.79 458.67
353.225 405.66 457.27
353.225 406.73 464.02
353.225 403.07 459.75
353.225 403.13 459.54
353.225 403.58 459.96
353.225 401.55 457.10
353.225 403.76 458.21
353.225 401.89 456.29
353.225 400.85 455.17

MoneyGram Rates (Sending)

If you are sending money from Nigeria (using Nigerian Naira), you will be required to purchase hard currency at the bank exchange rate in addition to sending charges. Note that the bank exchange rate is usually higher than the black market.

MoneyGram Transfer Limits

The moneygram limit for sending and receiving money in Nigeria is presented below for dollar, pound and Euro

For dollar, you can send or receive up to 4,600.00 GBP.
For Pound, you can send or receive up to Send up to 6,000.00 USD
For Euro, you can send or receive up to 5.500,00 EUR.

If you have questions about a specific amount you’re sending or a specific country, you can call Customer Care to inquire.

MoneyGram Fees for Sending Money

To send 1000 usd via MoneyGram, you will be charged a fee of $5 when you pay through your bank account.Paying with your credit card will attract a fee of 30 usd. However, the receiver gets to pay no charge.

Sending 1000 pound attracts a fee of 6.5 pound while sending 1000 Euro will cost you 6 Euro in fees.

The above estimate is given for direct payment into bank account. Cash Pickup at agent's location is usually higher and attracts a fee of $19 usd when sending 1000usd.

The Moneygram Cash Agents are found in nearly all the banks in Nigeria.

How to receive money using MoneyGram.

You don't need to do anything.The money will be automatically sent to your back account unless the sender indicated Cash Payout.

The following applies if you prefer to receive Cash in person;

Find a  MoneyGram agent location in Nigeria.This is usually a bank. If required, complete a simple receive form entering the reference number given to you by the sender.

Hand the completed form and your valid photo I.D. to the agent to receive your money.

Benefits of Sending Money Via MoneyGram

Pros

  • It is a simple, fast and secure process
  • It supports multiple currencies
  • There are no hidden fees
  • You can send and receive in Nigeria
  • Multiple transfer and pick up options.You can send funds using cash or a debit card, credit card,or from your bank account.You can also send online ,over the phone or by visiting a branch. There are also several ways in which your recipient can access the funds you send.

Cons

  • Maximum transfer amount is about 6,000 dollars. The maximum amount you can send online with MoneyGram for other currencies is stated above

About MoneyGram Exchange

MoneyGram is a global provider of international money transfers in the world, available in 200 countries and with over 350,000 agent locations worldwide established by the trust of many customers.

Its innovative money transfer services can be done either online, or through a mobile device, a kiosk, local stores and respective banks. This makes it quick, easy and affordable for consumers to send and receive money overseas.

Here in Nigeria you can send and receive money through MoneyGram. The exchange rate you will be charged will depend on the prevailing market rates. This page provides the latest MoneyGram Naira Exchange Rate on a daily basis.

See Current MoneyGram Rates above.

 

See List of Participating banks below

 

  •     ACCESS BANK
  •     CITIBANK NIGERIA
  •     DIAMOND BANK
  •     ECOBANK NIGERIA
  •     ENTERPRISE BANK
  •     FIDELITY BANK
  •     FIRST BANK OF NIGERIA
  •     FIRST CITY MONUMENT BANK (FCMB)
  •     GUARANTY TRUST BANK (GTB)
  •     HERITAGE BANK
  •     JAIZ BANK
  •     KEYSTONE BANK
  •     SKYE BANK
  •     STANBIC IBTC BANK
  •     STANDARD CHARTERED BANK
  •     STERLING BANK
  •     UNION BANK OF NIGERIA
  •     UNITED BANK FOR AFRICA (UBA)
  •     UNITY BANK
  •     WEMA BANK
  •     ZENITH BANK

It depends on the amount and mode of payment. You can send up to $1,000 for a fee as low as $7. See our section on fees above or visit MoneyGram website.

Receiving is completely free. No charges.

You can send an equivalent of these depending on your location

  • Send up to 4,600.00 GBP.
  • Send up to 6,000.00 USD
  • Send up to 5.500,00 EUR.

There is no maximum receive amount.Limits only apply to the sender.

Historical Moneygram Rates

The Historical Moneygram Exchange rate (Receiving) is provided here.
Historical Moneygram Rates
Date USD ($) Euro (€) GBP (£)
353.225 401.65 452.03
353.225 401.82 451.40
353.225 400.16 449.47
353.225 401.10 450.10
353.225 400.51 451.75
353.225 402.96 454.96
353.225 404.41 455.56
353.225 403.86 450.00
353.225 403.41 450.91
353.225 401.48 449.16
353.225 398.89 447.97
353.225 400.41 451.47
353.225 399.68 451.19
353.225 394.95 445.70
353.225 392.81 444.65