Let’s discuss the current paypal exchange rate in nigeria for those who have some hot PayPal funds in exchange of Naira currency.
Just like you already learnt when we wrote an article on how to use PayPal in Nigeria, we stated that you cannot withdraw your PayPal earning directly to your local Nigeria bank account except with the aid of the legitimate PayPal exchagers in Nigeria. but that was then because the things really changed for good.
Now, you can cashout directly to Nigeria Bank from your PayPal and get credit instantly. I stated that here. While you learn how to withdraw directly to bank via the above link, you might also want to use some exchangers in getting your funds.
However, one thing you should always know is that, the exchangers rate are always low compared to when you withdraw directly to bank where you get paid in Dollar to Naira exchange rate.
These PayPal exchangers take your PayPal funds and exchange them with Naira equivalent which they send directly to your local bank account.
Let’s assume you have some PayPal funds ($) for sell to the PayPal exchangers to get Naira currency to your Bank account, then you should be searching for the current paypal exchange rate in nigeria
Current paypal exchange rate in Nigerian
By default, after creating your UAE PayPal account or USA PayPal account which is the popularity used PayPal account by Nigerians, you will have your PayPal currency as $ (Dollar).
Knowing well that Naira and Dollar currency are different then you opt in for paypal exchange rate in nigeria.
With the help of the paypal exchange rate in nigeria you will know how much your available PayPal funds will earn you. Let assume the current paypal exchange rate in nigeria is 100/$ (hundred naira per dollar) if you have 100$ as your available PayPal funds,
You should be expecting ₦100×100$ which will give you ₦10,000
With the current paypal exchange rate in Nigeria, you already know how much your available PayPal funds will earn you before going out to the PayPal black market to sell your funds.
Here’s one thing you must know about paypal exchange rate in Nigerian: The Dollar currency exchange rate do change from time to time. That means if you sell PayPal funds for 250/$ today you may sell it for 300 or less tomorrow but here’s how to get the current exchange rate..
How to Get the Current paypal exchange rate in Nigerian
Visit any of the PayPal exchangers in Nigerian (the official website) You will find their current exchange rates boldly displayed.
They always showcase how much they buy PayPal funds from those who wish to sell and how much to sell to those who wants to buy PayPal funds from them.
Each day, the exchange rate do changes depending on $ exchange rate. When dollars goes up or down, it equally affects the exchange rate.
To sell at high price, you can be checking on the websites on daily basis to see when Dollar rate Increases and there you can immediately place your funds for sale. On the contrarily, you can also be checking on the websites to see when the exchange rate is low and you can immediately place order if you want to buy some PayPal funds with Naira.
Be sure to always use google search engine to find how much per Dollar in Nigerian currency so you can compare prices.
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Here’s How to use google to find Dollar to Naira exchange rate. From Your Google search Bar type in “1$ in Naira”
You can check out some top paypal exchangers here in Nigeria and to know their exchange rate.
Alternative to sell your PayPal funds for Naira
Having known the current PayPal exchange rate in Nigeria, you can sell your PayPal funds on social medias and forums even without using the PayPal exchangers services.
Here’s how i sell my PayPal funds without PayPal exchangers.
I just login my Facebook account and drop a post
300$ Paypal Funds available for sale (1$=340naira) Come inbox if you’re interested) Your price will be tagged based on the current PayPal exchange rate in Nigeria
Those who are interested in buying PayPal funs will surely reach you out.
I use the same format in buying PayPal funds without going to any PayPal exchangers.
The PayPal exchangers are also doing their business so never expect to have the same amount as the one you see on google exchange rate, there might be some little deductions due to PayPal transaction fees
Wrapping Up:paypal exchange rate in Nigeria
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📢You can now withdraw from PayPal directly to Your Nigeria Bank account and get credited at the exchange rate of 365Naira Per DollarFIND OUT HOW