Five countries where Naira has more value than local currency
Five countries where Naira has more value than local currency
For Nigerians planning to travel abroad without worrying about fluctuating exchange rates, there are destinations where the naira holds more value than the local currency.
Exchange rates can significantly impact travel budgets, and choosing a country where the naira is stronger allows for better spending power and a more enjoyable trip.
Here are five countries where Nigerians can maximize their naira while traveling:
1. Vietnam
As of February 6, 2025, the exchange rate is approximately 16.86 Vietnamese Dong for 1 Nigerian Naira. Nigerian citizens must obtain a visa before traveling to Vietnam, whether for tourism or business purposes. In addition to the visa, Nigerian passport holders should ensure their passport is valid for at least six months beyond their intended arrival date and contains at least two blank pages for visa stamps.
2. Indonesia
One Nigerian Naira is currently equivalent to about 10.47 Indonesian Rupiah, making Indonesia an affordable destination. Nigerian citizens need a visa for tourism or business trips. To qualify for a tourist visa, travelers must have a Nigerian passport valid for at least six months beyond their stay. Proof of onward travel, such as a return ticket or departure confirmation, is also required. It’s recommended to check with the Indonesian embassy for the latest visa application details before booking your trip.
3. Uganda
For Nigerian passport holders seeking to explore East Africa, Uganda is an excellent choice, with 1 Nigerian Naira equaling 2.45 Ugandan Shillings. Nigerians need a visa to enter Uganda, but the process is streamlined with the e-Visa system. You can apply online through the Uganda Immigration Portal. After submitting your application and necessary documents, you’ll receive an approval letter via email if granted. Upon arrival, you’ll need to present your passport and e-Visa at immigration.
4. Tanzania
The exchange rate is currently 1 Nigerian Naira to 1.71 Tanzanian Shillings, making Tanzania a budget-friendly option. Nigerian travelers must apply for a visa to enter the country. The e-Visa process simplifies the application, which can be completed online before departure. Once approved, travelers will receive an e-Visa confirmation. Make sure the visa is valid and matches the information in your passport, as discrepancies or expired visas may prevent boarding.
5. Lebanon
One Nigerian Naira currently exchanges for 59.80 Lebanese Pounds. Nigerian travelers are required to secure a visa before arriving in Lebanon. You’ll need a passport valid for at least six months beyond your intended stay, as well as proof of onward travel. In addition to the standard visa application process, Nigerian citizens may also opt for a Visa on Arrival. This option requires a reservation at a 3 to 5-star hotel and a minimum of US$ 2,000 in cash. Be sure to confirm all details with the Lebanese embassy before finalizing your travel plans. (The Nation)
