Apps to convert your money to Dollars

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2 Legit Apps in Nigeria to Save Your Naira in Dollars

With the continuous fluctuation of the Naira and rising inflation, many Nigerians are looking for reliable ways to protect their money by saving in Dollars. Thankfully, there are legit platforms that now make this easy, secure, and regulated. Two of the most trusted options today are PiggyVest and Flutterwave’s Send App (with the Swap feature).

Let’s break them down and show you exactly how they work:

1. PiggyVest – Flex Dollar Savings

PiggyVest is one of Nigeria’s most popular savings and investment platforms. With its Flex Dollar feature, you can save in U.S. Dollars and earn interest over time.

Key Features:

• Save in USD directly within the app.
• Earn up to 7% interest per annum on your dollar savings.
• Fund your account in Naira, and convert to USD.
• Withdraw funds back into Naira when needed.
• Safe and regulated; partnered with a registered asset manager.

Steps to Convert Naira to Dollar on PiggyVest:

1. Download the PiggyVest app from the Play Store or App Store.
2. Create an account or log in if you already have one.
3. Navigate to “Flex Dollar” under the Savings tab.
4. Tap “Buy Dollars”.
5. Enter the amount in Naira you want to convert.
6. The app will show you the current exchange rate and equivalent in USD.
7. Confirm the transaction and your Flex Dollar wallet will be funded.
8. You can choose to reinvest, save, or withdraw your dollars at any time.

2. Flutterwave Send App – Currency Swap

Flutterwave, one of Africa’s leading fintech companies, recently introduced a powerful feature within its Send App called Swap. This allows users to convert Naira to Dollars, Pounds, or Euros instantly and securely.

Key Features:

• Convert NGN to USD, GBP, or EUR.
• Licensed by the Central Bank of Nigeria (CBN).
• Secure partnership with Kadavra BDC and Wema Bank.
• Use funds for international payments like school fees, medicals, etc.
• Built with world-class security (ISO 27001 & 22301 certified).

Steps to Convert Naira to Dollar on Flutterwave Send App:

1. Download the Send App by Flutterwave from the Play Store or App Store.
2. Sign up and complete KYC (identity verification).
3. On the home screen, look for the “Swap” feature.
4. Choose Naira (NGN) as the currency you’re swapping from.
5. Choose Dollar (USD) as the currency you’re swapping to.
6. Enter the amount of Naira you want to convert.
7. The app will display the real-time exchange rate.
8. Review the details and confirm the conversion.
9. Your USD balance will reflect in your Send App wallet, which you can then use to send money abroad or save.

Conclusion

Both PiggyVest and Flutterwave Send App are game-changers when it comes to saving in Dollars and securing your money from the volatility of the Naira.

• If you’re looking for a savings-focused platform with interest, go with PiggyVest.
• If you want quick currency swaps and international transfers, the Flutterwave Send App is your best bet.

Whichever you choose, you’ll be taking a solid step toward financial stability in foreign currency—right from your phone.