When you send from EUR to NGN
Many factors can determine exchange rates, including:
The interest rate set by a country's central bank can affect foreign investment, impacting currency demand
A robust economy can bolster a currency's value
Stable governments can foster strong currencies
Lower inflation can lead to a stronger currency, while higher inflation can devalue it
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Remitly gives you options when sending money to Nigeria. Depending on your recipient’s location, choose from trusted banks, Cash pickup, bank deposit, and mobile wallet
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