Gift Cards

10 dollars ASDA Gift Card Equivalent in Nigerian Naira

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What Are Meant by ASDA Gift Cards?

The ASDA Gift Card is a plastic or digital card issued by ASDA, a major supermarket chain in the UK. It functions like a pre-paid card, allowing users to spend a set amount of money at ASDA stores or online. It can be purchased in various denominations and is reloadable, making it a versatile gift for ASDA shoppers. The card is not connected to a bank account and is not redeemable for cash.

Top Reasons to Choose ASDA Gift Cards Based on Their Features

ASDA gift cards offer flexibility for shoppers. They come in various denominations, are reloadable, and have no expiration date. They can be used for purchases in-store and online. They are a convenient gift for ASDA customers, accepted across all ASDA stores and on asda.com.

How to Make the Most of Your ASDA’s Gift Card by Converting to Naira

Where to exchange 10 dollars ASDA Gift Card in Nigeria at the best rate?

Card Type USD Naira
ASDA 5 5,500 ~ 6,500
ASDA 20 22,000 ~ 26,000
ASDA 30 33,000 ~ 39,000
ASDA 50 55,000 ~ 65,000
ASDA 100 110,000 ~ 130,000
ASDA 200 220,000 ~ 260,000
ASDA 500 550,000 ~ 650,000

In which countries can ASDA gift cards be used?

ASDA gift cards are primarily usable in the United Kingdom. They can be redeemed at ASDA stores across the country, as well as online at ASDA.co.uk. While ASDA operates as a part of Walmart, its gift cards are specific to the UK market and are not accepted in other countries where Walmart operates, such as the United States or Canada. There are no reports of ASDA gift cards being accepted internationally beyond the UK.

Factors that Determine ASDA Gift Card Rates

Currency Fluctuations: Exchange rates between the Nigerian Naira and foreign currencies can significantly impact prices.

issuer fees: Service charges imposed by card issuers can vary and affect the final cost.

VAT and Taxes: Value Added Tax (VAT) and other applicable taxes can increase the price of gift cards.

Market Demand: High demand for certain gift cards can lead to increased prices.

Availability: Limited availability of certain gift cards can drive up their price.

Additional Services: Cards offering extra services or benefits might cost more.

E-commerce Platform Costs: Fees charged by online platforms where gift cards are sold can influence prices.

How Is ASDA Gift Card Rate Determined?

Market Supply and Demand: Fluctuations in the demand for ASDA Gift Cards can affect the exchange rate, as can the availability of the cards in Nigeria.

Exchange Rate Fluctuations: The Nigerian Naira’s value against the GBP can impact the cost of ASDA Gift Cards in Naira.

Import Taxes and Duties: Any additional taxes or duties imposed on imported goods can affect the price of ASDA Gift Cards.

Transaction Costs: Fees associated with purchasing, transferring, or exchanging the cards can also influence the final price.

Economic Conditions: Economic stability in Nigeria and the UK can affect currency values and, consequently, the exchange rate of the gift cards.

References for How much is Price of 10 dollars ASDA Gift Card In Nigeria?

  • ^ “Gift Cards and Financial Reporting”. archives.cpajournal.com. Archived from the original on 15 April 2021. Retrieved 15 April 2021.
  • ^ DORSEY, JENNIFER (2013). “The Evolving Market for Gift Cards: Trends and Implications”. The Journal of Retailing. 89 (3): 317–330. doi:10.1016/j.jretai.2013.03.005. ISSN 0022-4359. Archived from the original on 5 January 2021. Retrieved 22 March 2021.
  • ^ “2021 Holiday Gift Card Spending to Reach Record Amounts”. CNBC. 30 November 2021. Retrieved 5 January 2022.
  • ^ 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.
  • Central Bank of Nigeria (CBN): www.cbn.gov.ng – The official website of Nigeria’s central bank for exchange rates and economic policies.
  • ^ “Gift Card Regulations: What You Need to Know”. National Retail Federation. 15 January 2018. Archived from the original on 10 February 2019. Retrieved 5 April 2019.
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