How To Convert Your Naira To Dollars in Nigeria

Vella Finance
3 min readJul 5, 2023

If you live in Nigeria, there are a plethora of reasons why you might need to convert your naira to dollars. Peradventure you want to relocate abroad, make payment on an international site or you simply want to save your naira in a stable currency (USD) to escape the devaluation of naira, it is essential that you use a reliable and secure platform that allows you to convert your naira to dollars and other foreign currencies easily without any hassle.

Before the introduction of fintech services, individuals and business owners relied on converting currencies manually via commercial banks and sometimes the black market. Today, there are numerous fintech platforms like Wise, Currency Fair that allow people to convert currencies online from the comfort of their homes. In today’s article, you will learn about our Swap feature and how it enables seamless currency conversions.

Our currency conversion feature Swap enables individuals, business owners, creatives and freelancers to convert currencies for local and international transactions seamlessly and in real time. Using Swap, individuals and business owners are able to convert naira to dollars, naira to pounds, dollars to bitcoin and perform other currency conversions instantly.

What other currencies can I convert on Vella?

Our Swap feature covers a range of supported currencies that allows users to convert currencies instantly for online transactions. Some of these supported currencies include;

NGN * GBP

BTC * USDT

USDT * NGN

NGNT * USDT

BUSD * USDC

NGNT * BUSD

GBP * NGN

What are the exchange rates on Vella?

It is common knowledge that exchange rates fluctuate in response to economic and political changes hence we cannot give a fixed rate in this post. However, you can always log into your Vella account to check the exchange rates before any conversion. To do this simply,

Log into your Vella account

Tap on the Wallet icon (3rd icon below your dashboard)

On the upper right part of your screen, tap “Today’s rates

How can I convert my Naira to Dollars on Vella?

To convert your Naira to Dollars on our website, simply;

Visit our website and login to your Vella account

Tap View Wallet on your dashboard

Select Swap

Select the currencies for conversion i.e NGN/USDT

Enter the amount for conversion

Authorize the conversion by ticking the confirmation box

Complete conversion by tapping Swap

Once your swap is successful, the value will be remitted to your USDT wallet instantly.

On Mobile

Log into your Vella account

Tap on the Wallet icon (3rd icon below your dashboard)

Select Swap

Select the currencies for conversion i.e NGN/USDT

Enter the amount for conversion

Authorize the conversion by ticking the confirmation box

Complete conversion by tapping Swap

Once your swap is successful, the value will be remitted to your USDT wallet instantly.

Currency conversions on Vella are instant and secure. Now you can convert currencies for your personal and business purposes seamlessly.

To use our Swap feature, simply Login to your existing Vella account or sign up on Vella for free!

For more information on our products and business growth tips, follow us on Medium or any of our social media channels @VellaFinance

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Vella Finance

Help Africans pay and receive money wherever, with cash or crypto!