Overall best choice: Moneycorp
We tested & reviewed dozens of money transfer providers, and Moneycorp scored highly.
Moneycorp appeared in 62.5% of Nigeria to Australia searches, and was the top rated company out of 5 that support NGN to AUD.
So for a great mix of cost, speed & features, make your Nigeria to Australia transfer using Moneycorp.
How to get the best deal on your Nigeria to Australia transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Nigeria to Australia.
- Choose a provider
Select the provider that offers you the best value & service for your needs
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Nigeria to Australia
Don't settle for the first option. Always compare ways to send money from Nigeria to Australia to find out about fees, speed, and reliability.
Our analysis included 5 providers that operate between Nigeria and Australia.
Through this, you get a comprehensive view of all the options you have in Nigeria when you need to send money to Australia.
Cheapest way to send money to Australia from Nigeria: Moneycorp
Data collected over the past six months shows that Moneycorp is 0% cheaper than the second-best option.
The ₦0 transfer cost represents the most common fee for NGN to AUD international transfers, based on data from the past six months.
If you want to secure the best rates on a NGN to Australia transfer, make sure you pick Moneycorp to send your money online.
*The most common fee applied to NGN-AUD by Moneycorp, based on data from the past six months.
Fastest way to send money from Nigeria to Australia: Moneycorp
Our data shows that Moneycorp came up as the fastest way to send money from Nigeria to Australia in 51.7% of searches. This makes them well suited to urgent NGN to AUD money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Nigeria to Australia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Moneycorp is your best choice at the moment. This service emerged as the quickest way to send money to Australia from Nigeria in 51.7% of the searches on MoneyTransfers.com over the past six months.
Need to send over 10,000 AUD?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Moneycorp.
While Moneycorp may not always be the cheapest or fastest way to send NGN from Nigeria to Australia, it’s the provider that will keep you safe and relaxed while your money moves into AUD.
Understanding the costs involved when moving money from Nigeria to Australia
When calculating the costs of money transfers between Nigeria and Australia, here's what really matters:
The Mid-Market Rate: Today, the NGN-AUD mid-market rate equals to 0.001 AUD per Naira.
The NGN-AUD average exchange rate for the past three months has been 0.0009 AUD per Naira, with a high of 0.001 and a low of 0.0009.
When looking to send money, we'd recommend Moneycorp. On average Moneycorp is 1.93% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from NGN to AUD.
How to find the best exchange rate for Naira to Australian Dollar
Timing is essential for sending money between NGN and AUD. The exchange rate you secure impacts how much AUD you get for your NGN.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from NGN to AUD has seen some fluctuation. On average, it stood at 0.0009.
During this period, the highest value recorded was 0.001, while the lowest was 0.0009.
Moneycorp, which is our recommended service to send money online from Nigeria to Australia offers an exchange rate that is only 1.93% above the mid-market rate.
Want to secure the best NGN-Australian Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Nigeria to Australia!
Payment methods available to fund your Nigeria to Australia transfer
Bank transfers
Bank transfers are often the default option for sending money from Nigeria to Australia.
By using a money transfer company such as Moneycorp for transfers from Nigeria to Australia, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Moneycorp is the cheapest provider for bank transfers from the 5 we tested when sending NGN to Australia.
With an average fee of NGN0 to send money from Nigeria to Australia, Moneycorp offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Nigeria to Australia with a debit or a prepaid card is very simple with Wise.
Wise is a leader in debit card payments for transfers from Nigeria to Australia, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Nigeria to Australia, emerges as our top choice of the 5 companies offering this service.
Fee alert: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Australia and Nigeria.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Nigeria to Australia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to AUD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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