Overall best way: WorldRemit
We tested & reviewed 9 transfer providers, and WorldRemit scored highly.
In the last six months, WorldRemit appeared in 60.9% of Australia to Nigeria searches, and was the top rated company supporting payments Australia into Naira.
So for a great mix of cost, speed & features, make your Australia to Nigeria transfer using WorldRemit.
How to get the best deal on your Australia to Nigeria transfer
Important things to consider before sending money from Australia to Nigeria
Don't settle for the first option. Always compare ways to send money from Australia to Nigeria to find out about fees, speed, and reliability.
Our analysis included 9 providers that operate between Australia and Nigeria.
Through this, you get a comprehensive view of all the options you have in Australia when you need to send money to Nigeria.
Cheapest way to send money to Nigeria from Australia: Instarem
Data collected through our comparison over the past six months shows that Instarem is 0.9% cheaper than the second-best option.
The cost is made up of an average fee of 0* AUD and an exchange rate for buying Naira with Australian Dollar that is 0% different to the mid-market rate.
If you want to secure the best rates on a Australia to Nigeria transfer, Instarem offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to AUD-NGN by Instarem, based on data from the past six months.
Fastest money transfers from Australia to Nigeria: Paysend.
Through our comparison, we found Paysend to be the fastest option to transfer money from Australia to Naira in 40.7% of instances.
Over the last six months, sending money from Australia to Nigeria through Paysend have an average fee of 0 AUD.
Paysend was one of 9 money transfer providers we compared for overall speed of sending money from Australia to Nigeria. This speed test included depositing Australian Dollars to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Paysend is our best choice for sending from Australia to Nigeria.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is WorldRemit.
While WorldRemit may not always be the cheapest or fastest way to send AUD from Australia to Nigeria, it’s the provider that will keep you safe and relaxed while your money moves into NGN.
Understanding the costs involved when moving money from Australia to Nigeria
When calculating the costs of money transfers between Australia and Nigeria, here's what really matters:
The Mid-Market Rate: Today, the AUD-NGN mid-market rate equals 1,100.0077 NGN per Australian Dollar.
The AUD-NGN average exchange rate for the past three months has been 1,019.3108 NGN per Australian Dollar, with a high of 1,153.0936 and a low of 869.3714.
When looking to send money, we'd recommend Instarem. On average Instarem is 4.66% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from AUD to NGN.
How to find the best exchange rate for Australia to Nigeria
Timing is essential for sending money between AUD and NGN. The exchange rate you secure impacts how much NGN you get for your AUD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from AUD to NGN has seen some fluctuation. On average, it stood at 1,019.3108.
During this period, the highest value recorded was 1,153.0936, while the lowest was 869.3714.
WorldRemit, which is our recommended service to send money online from Australia to Nigeria offers an exchange rate that is only 4.66% above the mid-market rate.
Want to secure the best AUD-Naira exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Australia to Nigeria!
Payment methods available to fund your Australia to Nigeria transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Australia.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Australia to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send AUD to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.