Amazon gift cards have become one of the most popular digital assets to trade in Nigeria. From freelancers to resellers, many people rely on gift cards to convert foreign value into local currency. Among them, the $200 Amazon Gift Card to Naira exchange is one of the most frequently traded denominations. But did you know the type of Amazon gift card you have significantly impacts how much you get in return?
In this article, we’ll break down how the card type physical vs. e-code, regional differences, and card condition can affect your payout in Nigeria, and where to sell for the best value.
Understanding the Basics: What Is a $200 Amazon Gift Card Worth in Naira?
Before diving into the card types, let’s address the big question: How much is a $200 Amazon Gift Card worth in Naira?
The answer depends heavily on:
- Market demand
- Exchange rates
- Card type and country of origin
- The platform used for the transaction
On average, the current market rate ranges between ₦1500 to ₦1550 per dollar, meaning your $200 Amazon card could fetch you anywhere from ₦300,000 to ₦320,000. But this varies depending on the platform you use and the form of the card.
(While this link refers to Google Play, Ridima supports multiple card types, including Amazon. Navigate within to access the correct category.)
Card Type 1: Physical Amazon Gift Cards
These are actual plastic or paper cards you can hold in your hand. Physical cards often carry higher resale value in Nigeria. Here’s why:
- They’re perceived as more authentic and harder to duplicate, reducing fraud risk.
- They can be verified via photo, increasing buyer confidence.
- Resellers trust physical cards more, and some platforms even offer premium rates.
If you have a $200 physical Amazon gift card, you are more likely to receive a payout closer to the higher end of the rate spectrum, think ₦300,000 or more, depending on demand.
Card Type 2: E-Code Amazon Gift Cards
E-code Amazon gift cards are digital and delivered via email. They’re convenient and fast but may come with slightly lower resale value. Here’s why:
- E-codes are more prone to fraud and duplication.
- There’s no physical proof, so some platforms apply a risk buffer and offer lower rates.
- E-codes are sometimes region-locked, and verifying them can be tricky.
That said, trusted platforms like Ridima still offer competitive rates for e-codes, especially if they are U.S.-based and come with full details like the original email.
Card Type 3: Region and Currency Origin
Yes, the country of origin for your Amazon card affects your payout. Here’s how it breaks down:
- U.S. Amazon Gift Cards fetch the best rates due to higher demand and compatibility.
- U.K. or Canadian cards typically sell at slightly lower rates.
- Amazon cards from lesser-known regions may be harder to sell or require specialized platforms.
So, a $200 Amazon Gift Card from the U.S. (physical) will earn you more than a $200 Amazon Gift Card from Canada (e-code).
Common Mistakes When Selling Amazon Gift Cards in Nigeria
- Selling to unreliable vendors: Many WhatsApp and Telegram traders lure sellers with fake high rates and disappear after receiving card details.
- Ignoring live rate tools: Always use a rate calculator to know the current market value.
- Selling at odd hours: While some platforms offer 24/7 service, many resellers go offline at night, delaying your payment.
- Mixing card types: Be sure you know exactly what you’re holding, physical or e-code, U.S. or U.K., used or unused.
Why Use Ridima to Convert Your $200 Amazon Gift Card to Naira?
Ridima is one of the most trusted gift card exchange platforms in Nigeria. Here’s what makes it stand out:
Real-Time Rate Calculator
No hidden rates, always know exactly what you’ll get.
Support for Multiple Gift Card Types
From Amazon to iTunes, Steam, and Google Pla,y Ridima supports a wide range of cards.
Fast Payouts
You get your Naira in minutes after verification.
24/7 Customer Support
Need help late at night? Ridima’s team is ready to assist any time, any day.
Secure Platform
Built with fraud prevention in mind to protect both buyers and sellers.
Final Thoughts: Maximize Your Card’s Value
Understanding how card type affects your payout can help you avoid leaving money on the table. If you’re holding a $200 Amazon Gift Card, make sure it’s:
- From the U.S. (if possible)
- A physical card (for top rates)
- Traded through a trusted platform like Ridima
By taking the time to evaluate your card and using the right tools, you can earn the maximum Naira value and avoid being underpaid.