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How Much Is $100 Sephora Gift Card In Naira Rate [2023]: If you’re a beauty enthusiast living in Nigeria, you may be wondering how much a $100 Sephora gift card is worth in naira. As Sephora is one of the largest cosmetics retailers in the world, their gift cards are a popular choice for gifting or personal use.
However, the exchange rate between the US dollar and the Nigerian naira can fluctuate, making it important to know the current rate before making a purchase. In this article, we’ll explore the current Sephora gift card to naira rate and give you an idea of how much a $100 Sephora gift card is worth in Nigerian naira.
How Much Is $100 Sephora Gift Card In Naira?
The value of a $100 Sephora gift card in Nigeria ranges between N86,000 and N100,000. This depends on the real exchange rate, demand and supply of Sephora cards, and the broader gift card market. See updated Sephora gift card rates here.
Sephora Gift Card to Naira Rates
| Value on card | Naira Rate | Amount in Naira |
| $50 | 800 | 43,000 – 50,000 |
| $100 | 835 | 86,500 – 120,000 |
| $200 | 835 | 173,000 – 270,000 |
| $500 | 835 | 433,500 – 500,000 |
How to Check Sephora Gift Card Rates Yourself
Here’s how you can check your Sephora gift card rate yourself using Hook:
- Visit the website www.hook.ng or download the app on the Google Play Store and App Store
- Click on “Use Rate Calculator”
- Select “Sephora” as the gift card
- Select the country
- Select the card type (physical/ecode)
- Select the sub-category of the Sephora gift card you have
The corresponding rate is displayed using the current dollar-to-naira exchange rate.
How Much is a $200 Sephora Gift Card in Nigeria?
The demand for the gift card, the type of gift card, and the platform you sell them are the significant factors that affect them.
Currently, the $200 Sephora gift card is worth 173,200 Naira.
Where Can I Sell $200 Sephora Gift Card?
This would be Hook. It is a secure platform where you can sell various gift card brands at any time of the day. It works 24/7. With its customer-inclined rates, you are sure to get the best value for your gift card always.
GIFT CARD – DEFINITION
A gift card is also known as a gift certificate in North America, or gift voucher or gift token in the UK is a prepaid stored-value money card, usually issued by a retailer or bank, to be used as an alternative to cash for purchases within a particular store or related businesses.
Gift cards are also given out by employers or organizations as rewards or gifts.
They may also be distributed by retailers and marketers as part of a promotion strategy, to entice the recipient to come in or return to the store, and at times such cards are called cash cards.
Gift cards are generally redeemable only for purchases at the relevant retail premises and cannot be cashed out, and in some situations may be subject to an expiry date or fees.
American Express, MasterCard, and Visa offer generic gift cards that need not be redeemed at particular stores, which are widely used for cashback marketing strategies.
A feature of these cards is that they are generally anonymous and are disposed of when the stored value on a card is exhausted.
From the purchaser’s point of view, a gift card is a gift, given in place of an object which the recipient may not need, when the giving of cash as a present may be regarded as socially inappropriate.
References for $100 Sephora Gift Card to Naira
- ^ “GIFT TOKEN”. Cambridge English Dictionary. Archived from the original on 16 September 2014. Retrieved 21 November 2018.
- ^ HORNE, DANIEL R. (2007). “Gift Cards: Disclosure One Step Removed”. The Journal of Consumer Affairs. 41 (2): 341–350. doi:10.1111/j.1745-6606.2007.00084.x. ISSN 0022-0078. JSTOR 23860062. Archived from the original on 8 October 2020. Retrieved 15 April 2021.
- ^ Jump up to:a b c d Hood, James R. (20 February 2006). “Congress Considers New Gift Card Rules”. consumeraffairs.com. Archived from the original on 8 March 2012. Retrieved 16 June 2008.
- ^ “2012 Holiday Gift Card Spending Report”. giftcardlab.com. 26 November 2012. Archived from the original on 3 December 2013. Retrieved 12 January 2013.
- ^ “Gift Cards and Financial Reporting”. archives.cpajournal.com. Archived from the original on 15 April 2021. Retrieved 15 April 2021.