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Moneygram Dollar To Naira Exchange Rate Today October 2016

Moneygram Dollar To Naira Exchange Rate Today { The Rate is Updated Daily – Scroll down for today’s Money 

Sending and receiving money across different countries is vital for businesses and families. To make these happen, several money transfer solution had been provided to aid it. One of such quality money transfer gateway is the Moneygram. What would be discussed in this article is the Moneygram dollar to naira exchange rate for the day. This is been discussed because the exchange rate of dollar to naira as provided by Moneygram is one of the best. Before we give an overview check out the daily updated rate below and how it works.

moneygram dollar to naira exchange rate today

Moneygram Dollar To Naira Exchange Rate today


The Dollar to naira exchange rate of the Moneygram is quite favourable compared to that of Western Union.

  •  Dollar – 373.13

  •  Pounds Sterling – 456.41

  •  Euro – 401.64


Moneygram is an international financial services provider whose main service is money transfer. It is also involved in money orders, bill payment services, prepaid cards, money transfers to inmates and government payments. The company has it headquarters in Dallas, Texas and was founded 1940 which is about 76 years ago. Moneygram international Inc. is the second largest provider of money transfers in the world.


A MoneyGram is an electronic money transfer initiated from one party to another through the MoneyGram network. The sending party can initiate (send) a money transfer online or in person at any Moneygram location. While the receiving party collects the transfer as cash at any other Moneygram location or directly into their bank account.


The United States of America’s dollar is unarguably the most popular currency in the world. It is the official currency of United States and used in some of their territories and not even others that aren’t. The United States Federal reserve is the sole issuer of this currency. This currency is the most used in international transactions.


The Nigerian Naira was introduced in Nigeria on 1 January 1973 as the currency of Nigeria with the Central Bank of Nigeria as it sole issuer. It is divided into 100 kobo. Recently, inflation had been a major issue as the inflation rate of the Nigerian Naira is as high as 17.1%.

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