One of the most popular gift cards in the Nigerian market is the Google Play Gift Card. Google’s digital or physical card can be used to fund your Google Play account with a specific amount of funds and it serves as a prepaid credit for the Google Play Store. You can use it to purchase apps, games, ebooks, movies, and in-app purchases on the Google Play Store.
The value of a Google Play gift card might change based on the conversion rate, just like any other currency. The value of a $100 Google Play gift card in Nigerian Naira (NGN) will be examined in this article, taking into account the current exchange rate as well as other potential influencing variables.
What’s the Value of a $100 Google Play Gift Card in Naira
Even though a $100 Google Play gift card has a $100 face value, its actual value in Nigerian Naira (NGN) could differ. The elements affecting the Google Play gift card conversion rate are covered in detail below:
A. Base Exchange Rate
Exchange rates can be thought of as the cost of converting one currency into another. Here at FlipEx, as of the time of writing this article, we have exchanged a Google Play gift card's USD value for NGN 690 - Although the conversion rate can vary from time to time, it frequently deviates somewhat from the official bank rate when it comes to gift cards. A $100 Google Play gift card will roughly be worth NGN 69,000 - NGN 80,000 depending on the current rate.
You can also use our optimal gift card rate calculator to check the exact value of your Google Play gift card according to the exchange values of the day.
B. Value-Affecting Factors
The real value of your gift card might vary depending on a few factors:
- Google Play gift card availability: If there is a glut of Google Play gift cards on the market, vendors may need to reduce their pricing to draw in customers. On the other hand, scarce supply can result in more expensive prices.
- High Demand: Presently, Google Play gift cards are in high demand in Nigeria. Because Google Play gift cards are in high demand and purchasers are ready to pay more, the exchange rate is approaching the $100 face value. Decreased demand might lead to a less advantageous exchange rate.
- Physical vs. digital gift card format (if applicable): Because they are seen as more unique or convenient to give, physical gift cards may fetch a little bit more in certain areas. This change is typically negligible, though.
It is worth recalling that the website you choose to sell your gift card on will determine the exchange rate you get. These factors are frequently taken into account while determining our purchase price.
The Best Platform To Sell Your Gift Card For Naira
For us, there is no better platform to sell your gift cards at the best possible value than with us at FlipEx, here is why:
- Excellent Exchange Rates: When compared to other gift card exchange services, FlipEx provides extremely competitive prices.
- Quick Payouts: After your application is approved, you will receive your money right away. FlipEx is regarded as Nigeria's quickest platform for converting gift cards to naira.
- Secure Platform: FlipEx places a high priority on security and protects your money and data by using encryption and other security measures.
- Trustworthy Reputation: FlipEx has a solid history of providing trustworthy services.
- User-Friendly Interface: FlipEx has made selling gift cards an easy process for everyone with our user-friendly interface available for both web, Android and iOS platforms.
- Round-the-clock Customer Support: The FlipEx support team is always on hand to answer questions and provide help to clients when they need it.
Here’s How To Convert Google Play Gift Cards to Naira
To convert your Google Play Store gift card on the FlipEx App, just follow this stress-free process below.
- Download the FlipEx app if you are new, or (simply Sign in, if you already have an account.)
- Once downloaded, tap on ‘Get started’ to create and register an account.
- Input your correct details in the spaces provided including a strong password, and tap ‘Continue’.
- Next is to Add your Phone to create an extra layer of security and tap ‘Continue’.
- Once you have registered an account, you will get an email with an OTP to verify your email address/account.
- Create a 4-digit unique PIN, tap ‘Continue’ and you are good to go.
- Click on the ‘Sell Gift Cards’ below.
- Select Google Play from the gift card options.
- Input the necessary details including the Gift card amount and tap ‘Continue’ to sell.
To Wrap it Up
Now that you have found out answers to the question: “How much is a $100 Google Play gift card worth in Naira?” You can rest assured that your next gift card to Naira conversion is in safe hands with FlipEx. Sign Up today if you do not already have an account with us. We hope this helps you get value from any Google Play gift cards you can't personally use. Happy exchanging!