We understand the frustration of having an iTunes card you don’t need or not knowing the standard pricing, and where to go when you want to buy one.
For a long time, there were limited options available, and buying or selling iTunes cards was a challenging task. However, with the rise of online marketplaces and platforms, the process has become much more accessible, and you can now buy or sell your iTunes card with ease.
In this article, We’ll provide you with a comprehensive guide on the price of iTunes cards, and where to buy or sell them in Nigeria.
Price of a $100 iTunes Card in Nigeria
Before we dive into the price of a $100 iTunes card in Nigeria, let’s talk about the exchange rate. The exchange rate between the United States dollar (USD) and the Nigerian naira (NGN) changes frequently due to several factors such as inflation, political instability, and global economic trends. As of February 2023, the exchange rate is approximately 1 USD to 450 NGN.
Now that we know the current exchange rate, let’s talk about the price of a $100 iTunes card in Nigeria. Since iTunes is a digital product, the price may vary depending on the seller.
However, the average cost of a $100 iTunes card in Nigeria is around 45,500 NGN. Keep in mind that this is just an estimate and the price may vary slightly.
Factors that Affect the Price of iTunes Cards in Nigeria
1. Exchange Rate
The exchange rate is one of the most significant factors that affect the price of iTunes cards in Nigeria. Since iTunes cards are priced in United States dollars, the Nigerian naira equivalent will depend on the current exchange rate.
As previously mentioned, the exchange rate between the USD and the NGN is subject to fluctuations. Therefore, the price of an iTunes card in Nigeria will vary depending on the current exchange rate.
2. Availability of iTunes Cards
The availability of iTunes cards is another factor that affects their price in Nigeria. Apple has authorized certain retail outlets to sell iTunes cards in Nigeria.
However, the supply of these cards may not meet the demand, leading to an increase in price. Furthermore, some retailers may take advantage of the scarcity of iTunes cards by selling them at a higher price than the recommended retail price.
3. Market Forces
Market forces such as supply and demand also impact the price of iTunes cards in Nigeria. If the demand for iTunes cards is high, retailers may increase their prices to maximize profits.
Similarly, if there is an oversupply of iTunes cards, retailers may lower their prices to attract customers.
4. Inflation
Inflation is another factor that affects the price of iTunes cards in Nigeria. Inflation is the rate at which the general level of prices for goods and services is rising, resulting in a decrease in the purchasing power of money.
High inflation rates can result in an increase in the price of iTunes cards as retailers may need to charge more to cover their costs.
5. Taxes and Tariffs
Taxes and tariffs can also impact the price of iTunes cards in Nigeria. The Nigerian government imposes taxes and tariffs on imported goods, including iTunes cards.
These taxes and tariffs increase the cost of bringing iTunes cards into the country, leading to an increase in their price.
Where to Buy/Sell iTunes Cards in Nigeria
1. Snappy Exchange
SellCardBTC is a reputable platform that enables you to sell your iTunes card for cash. It is safe and easy to use, and you can get paid within minutes. To sell your iTunes card on SellCardBTC, follow these steps:
- Visit the Snappy Exchange website and create an account.
- Click on the “Sell Gift Cards” option and select “iTunes Gift Cards.”
- Enter the card details and the amount you wish to sell.
- Submit your card for verification.
- Once your card is verified, you will receive a payment within minutes.
2. Cardnosh
Cardnosh is another platform that allows you to sell your iTunes card in Nigeria. It is fast, reliable, and has a user-friendly interface. To sell your iTunes card on Cardnosh, follow these steps:
- Visit the Cardnosh website and create an account.
- Click on the “Sell Gift Cards” option and select “iTunes Gift Cards.”
- Enter the card details and the amount you wish to sell.
- Submit your card for verification.
- Once your card is verified, you will receive a payment within 24 hours.
3. Jumia
Jumia is a popular online marketplace where you can buy various products, including iTunes cards. They offer different denominations, and you can pay with your credit card, bank transfer, or JumiaPay. To buy an iTunes card on Jumia, follow these steps:
- Visit the Jumia website and create an account.
- Search for “iTunes cards” on the search bar.
- Select the card denomination you want to buy and add it to your cart.
- Proceed to checkout and select your preferred payment option.
- Confirm your order, and your iTunes card will be delivered to you.
4. Konga
Konga is another online marketplace where you can buy iTunes cards. They offer different denominations and have a fast and secure payment system. To buy an iTunes card on Konga, follow these steps:
- Visit the Konga website and create an account.
- Search for “iTunes cards” on the search bar.
- Select the card denomination you want to buy and add it to your cart.
- Proceed to checkout and select your preferred payment option.
- Confirm your order, and your iTunes card will be delivered to you.
How to Redeem an iTunes Card
Once you have purchased an iTunes card, you can redeem it by following these simple steps:
- Scratch off the label on the back of the card to reveal the code.
- Open the iTunes Store on your device and click on “Redeem”.
- Enter the code and click “Redeem”.
The value of the card will be added to your iTunes account balance, and you can use it to purchase music, movies, TV shows, and more.
Read: How to Pay for Apple Music in Nigeria
Conclusion
The price of a $100 iTunes card in Nigeria is approximately 47,500 NGN, but it may vary depending on the seller. If you’re looking to buy an iTunes card in Nigeria, make sure to choose a reputable seller to avoid scams.
With this information, you can now purchase an iTunes card in Nigeria and enjoy the latest tunes on iTunes.
