Nike Gift Cards: Everything You Should Know
The Nike Gift Card is a pre-paid card that allows users to make purchases at any Nike retail store or on its website. It functions similarly to a gift certificate, enabling the cardholder to spend up to the card’s balance on Nike products and services. The card is available in various denominations and can be used to buy shoes, apparel, accessories, and equipment. It is a convenient way to give someone a choice in their shopping experience, as the recipient can select from a wide range of Nike items. The gift card is non-refundable, except as required by law, and any remaining balance can be used for future purchases or can be replaced if lost or stolen.
What You Should Know About Nike Gift Cards
- Available in various denominations
- Redeemable at Nike stores and online
- Easy to use and manage
- Customizable with names or messages
- Can be used as gift wrapping
- No expiration date
- Suitable for all ages and occasions
Where to exchange 200 dollars Nike Gift Card in Nigeria at the best rate?
Convert 200 dollars Nike Gift Card to Nigerian Naira easily (2025 Guide)
The value of a $ 200 Nike gift card is subject to the exchange rate between $ and Nigerian Naira (NGN). As of now, it is between 220,000 and 280,000 Naira. Exchange rates are subject to change, so the value may be slightly different when you check again later.
Card Type
$
Naira
Nike
5
5,500 – 7,000
Nike
20
22,000 – 28,000
Nike
30
33,000 – 42,000
Nike
50
55,000 – 70,000
Nike
100
110,000 – 140,000
Nike
200
220,000 – 280,000
Nike
2000
2,200,000 – 2,800,000
In which countries can Nike gift cards be used?
Nike gift cards can be used in various countries across the globe. They are generally accepted at all Nike retail locations worldwide, both in physical stores and online. This includes countries in North America, Europe, Asia, Africa, and Australia. However, availability may vary depending on local regulations and currency exchange rates. Online use is also possible at Nike’s official website in each country where the brand operates.
Factors that Determine Nike Gift Card Rates
Currency Fluctuations: The value of the Nigerian Naira against other currencies, such as the US Dollar, significantly impacts the price of gift cards. Fluctuations can lead to price adjustments to maintain parity.
Service Fees: Card issuers and vendors often charge service fees for purchasing and using gift cards. These fees can vary and affect the final price.
issuer’s Costs: The cost of acquiring and maintaining gift card inventory by issuers contributes to the price. This includes production, distribution, and technology infrastructure costs.
Card Brands and Networks: Different brands and networks, such as Visa or MasterCard, have varying fees and partnerships. This can affect the cost of the gift cards they offer.
Expiry Dates and Inactivity Fees: Cards with expiry dates or inactivity fees can have higher prices to cover these costs.
Supply and Demand: The availability of specific gift cards can affect their price. Popular or limited edition cards may be more expensive due to high demand.
Government Regulations: Nigerian government policies and regulations on financial transactions can impact the cost of gift cards.
Market Competition: Competition among card issuers and vendors can lead to price adjustments to attract customers.
Payment Gateway Costs: The fees associated with processing payments can also influence the price of gift cards.
Promotions and Discounts: Special promotions or discounts offered by issuers or retailers can affect the price of gift cards.
References for How much you get for 200 dollars Nike Gift Card Equivalent in Nigerian Naira?