Best companies for KES/NGN transfers
6 of 6 providers Last updated on 10 November 2026
Based on 32,400 KES transfer Best companies for KES/NGN transfers Sort Cheapest
Run a live search Showing top Kenya to Nigeria deals for 32,400 KES. Do a live search with your exact amount for today's best rates.
Run a live search Showing companies that send from a business account. Run a business search to get live KES to NGN rates.
Run a live search These companies offer multi-currency accounts for spending NGN. We suggest doing a live search based on how much KES you're planning to spend in Nigeria.
Run a live search These are managed services with real human support for large KES transfers. Click the link and update the transfer amount to get the best deal.
Grey Pay via Bank transfer	Fee Ksh 0.50 1 KES = 9.5343 NGN +8.00% vs mid-market	Recipient gets ₦308,905.58 Minutes
0 reviews CheapestFastest
Ways to receive money in Nigeria with Grey when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes Ksh 0.501 KES = 9.5343 NGN ₦308,905.58You payKsh 32,400.00
Pesa Pay via Bank transfer	Fee Ksh 162.00 1 KES = 9.4306 NGN +9.00% vs mid-market	Recipient gets ₦304,024.86 Minutes - 24 hours
0 reviews
Ways to receive money in Nigeria with Pesa when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Ksh 162.001 KES = 9.4306 NGN ₦304,024.86You payKsh 32,400.00
Send Money Between PayPal Accounts PayPal App (P2P Transfer) Pay via Bank transfer	Fee Ksh 1,296.00 1 KES = 9.7415 NGN +6.00% vs mid-market	Recipient gets ₦303,000.76 Minutes
0 reviews
Ways to receive money in Nigeria with PayPal App (P2P Transfer) when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes Ksh 1,296.001 KES = 9.7415 NGN ₦303,000.76You payKsh 32,400.00
Send cash via a MoneyGram agent MoneyGram Agent Pay via Bank transfer	Fee Ksh 1,296.00 1 KES = 9.7415 NGN +6.00% vs mid-market	Recipient gets ₦303,000.76 Minutes - 3 days
0 reviews
Ways to receive money in Nigeria with MoneyGram Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days Ksh 1,296.001 KES = 9.7415 NGN ₦303,000.76You payKsh 32,400.00
Send cash via a Western Union agent Western Union Agent Pay via Bank transfer	Fee Ksh 972.00 1 KES = 9.6379 NGN +7.00% vs mid-market	Recipient gets ₦302,900.03 Minutes - 5 days
0 reviews Our top pick
Ways to receive money in Nigeria with Western Union Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 5 days Ksh 972.001 KES = 9.6379 NGN ₦302,900.03You payKsh 32,400.00
Mukuru Pay via Cash deposit	Fee Ksh 23,438.00 1 KES = 10.6014 NGN -2.27% vs mid-market	Recipient gets ₦95,009.75 Minutes - 2 days
0 reviews
Ways to receive money in Nigeria with Mukuru when paying by cash deposit. MethodFee & ratesRecipient gets Bank depositMinutes - 2 daysAvailable via:Bank Top-Up Ksh 23,438.001 KES = 10.6014 NGN ₦95,009.75You payKsh 32,400.00 Mobile walletMinutes - 2 daysAvailable via:Opay NGN, Palmpay NGN Ksh 23,438.001 KES = 10.3529 NGN ₦92,782.69You payKsh 32,400.00 Cash pickupMinutes - 2 daysAvailable via:Cash NGN Ksh 29,125.001 KES = 10.4764 NGN ₦34,310.21You payKsh 32,400.00

Mukuru Pay via Mobile money	Fee Ksh 23,438.00 1 KES = 10.6014 NGN -2.27% vs mid-market	Recipient gets ₦95,009.75 Minutes - 2 days
0 reviews
Ways to receive money in Nigeria with Mukuru when paying by mobile money. MethodFee & ratesRecipient gets Bank depositMinutes - 2 daysAvailable via:Bank Top-Up Ksh 23,438.001 KES = 10.6014 NGN ₦95,009.75You payKsh 32,400.00 Mobile walletMinutes - 2 daysAvailable via:Opay NGN, Palmpay NGN Ksh 23,438.001 KES = 10.3529 NGN ₦92,782.69You payKsh 32,400.00 Cash pickupMinutes - 2 daysAvailable via:Cash NGN Ksh 29,125.001 KES = 10.4764 NGN ₦34,310.21You payKsh 32,400.00
How Our Results Work Mid-market rate: 1 KES = 10.3633 NGN Updates every 60 minutes.

Why compare

KES/NGN exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Kenya to Nigeria

Pick a company

Start with the cheapest option, which is Grey. It will get you the most NGN on a KES 32,400 transfer.

Grey was the cheapest on 30 of the 30 days it quoted KSh32,400 transfers to Nigeria.

This heavily depends on how much you send, so I suggest to get the best KES/NGN rate.

Fund your transfer

You have 1 ways to pay, including bank transfer.

Paying from your M-Pesa balance is the quickest way to fund the transfer (but you'll need to top it up with cash first).

Verify and send

You'll need your ID and your KRA PIN to register.

Nobody legitimate will ask for your PIN to reverse a transfer or verify anything, so treat that as the end of the conversation.

Compare amounts

How much KES are you sending to Nigeria?

How much KES you send to Nigeria heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Grey was the cheapest in 100% of all the transfers it quoted over the past month.


Ksh 32,400This page	8.00%	Ksh 0.50	₦308,905.58with bank transfer to bank deposit	+₦64,355.37
Ksh 270,000	0.27%	Ksh 0.00	₦2,790,336.09with bank transfer to bank deposit	₦0.00
Ksh 1,000,000	0.27%	Ksh 0.00	₦10,334,550.17with bank transfer to bank deposit	₦0.00

Mid-market rate: 1 KES = 10.3633 NGN

KES/NGN Exchange Rate History

Is today a good time to send money from Kenya to Nigeria?

The cheapest way to send KES to NGN can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Grey), across 30 days of comparisons for 32,400 KES transfers to Nigeria.

Each line shows what the recipient gets when you send Ksh 32,400, after fees, as quoted by each company. The mid-market line shows what Ksh 32,400 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more NGN per KES than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of NGN on every transfer from Kenya.

Right now, Grey pays 308,905.58 NGN on 32,400 KES, which is 26,866.54 NGN less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 309,525.01 NGN.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Nigeria.

We've tracked 90 comparisons to check how often today's top companies were the cheapest across 3 amounts over the past month.

GreyAppeared in 30 comparisons
Cheapest every time
PesaAppeared in 30 comparisons
Never the cheapest
PayPal App (P2P Transfer)Appeared in 30 comparisons
Never the cheapest

Based on 90 comparisons across 3 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Grey is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Ways to send money from Kenya to Nigeria

You have 5 companies sending money from Kenya to Nigeria.

Everyday transfers abroad

Online transfers and apps

Money transfer companies like Pesa are usually cheaper than wallets like M-Pesa Global.

In our comparisons over the past month, it was the cheapest online service on 30 of the 30 days it quoted.

Depending on the company you can deposit money using bank transfer.

And withdraw to bank deposit.

Paying from business accounts

Global accounts

Global accounts help Kenyan businesses pay suppliers and contractors in Nigeria.

Payoneer and Veem specialise in recurring business payments, invoicing, and getting paid into Kenyan accounts from Nigeria.

Ways to fund KES and receive NGN in Nigeria

With Grey, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending KSh32,400 gives your recipient 308,905.58 NGN.

Fund the transfer using bank transfer.

In Nigeria, they can receive NGN with bank deposit.

1

Bank transfer Bank deposit

You pay KSh32,400.00

₦308,906

Cheapest

Consider this before sending KES to Nigeria

Mobile money is the natural starting point for this route, but the registered recipient name and the tax added to the transfer fee both matter.

Compare KES/NGN transfer services

There are 5 companies available for a KSh32,400 payment to Nigeria.

Cheapest option

Grey is cheapest when funded by bank transfer with bank deposit for the payout. Your recipient gets 308,905.58 NGN, which is 1.58% more than the next best option.

Fastest option

Grey sends bank transfer to bank deposit in minutes, giving the recipient 308,905.58 NGN.

Excise duty applies to the fee

Kenya charges 15% excise duty on fees for money-transfer services.

It applies to the fee charged by the bank, mobile operator or money transfer company, not to the KSh32,400 being sent.

Check the CBK licence when in doubt

Use the Central Bank of Kenya's directory to check a money-remittance company.

A legitimate company should also display its CBK licence or authorisation at its premises.

How we analyse the market

Only companies licensed by the Central Bank of Kenya appear here, which is the same check worth doing yourself before signing up anywhere.

In the past 30 days alone, we analysed 90 comparisons across 3 amounts.

This page covers the cheapest and fastest options for KES/NGN transfers. This is how we pick them:

Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.
Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

We track 5 of them on KES to Nigeria in real time on live comparisons, comparing rates, fees and how the money is sent and collected, and each goes through our review.

More on who we are, why you can trust us and getting started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.

Send money from Kenya

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Send money to Nigeria

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Mon, 12 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.2539	–	₦332,225.91
Grey Cheapest	9.4336	Ksh 0.50	₦305,643.12	−₦26,582.79
Pesa	9.3310	Ksh 162.00	₦300,813.95	−₦31,411.96
PayPal App (P2P Transfer)	9.6387	Ksh 1,296.00	₦299,800.66	−₦32,425.25

Tue, 13 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.2559	–	₦332,289.90
Grey Cheapest	9.4354	Ksh 0.50	₦305,701.99	−₦26,587.91
Pesa	9.3328	Ksh 162.00	₦300,871.89	−₦31,418.01
PayPal App (P2P Transfer)	9.6405	Ksh 1,296.00	₦299,858.40	−₦32,431.50

Wed, 14 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.2403	–	₦331,784.75
Grey Cheapest	9.4210	Ksh 0.50	₦305,237.26	−₦26,547.49
Pesa	9.3186	Ksh 162.00	₦300,414.50	−₦31,370.25
PayPal App (P2P Transfer)	9.6259	Ksh 1,296.00	₦299,402.56	−₦32,382.19

Thu, 15 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.2515	–	₦332,148.57
Grey Cheapest	9.4314	Ksh 0.50	₦305,571.97	−₦26,576.60
Pesa	9.3289	Ksh 162.00	₦300,743.92	−₦31,404.65
PayPal App (P2P Transfer)	9.6364	Ksh 1,296.00	₦299,730.87	−₦32,417.70

Fri, 16 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.2543	–	₦332,238.61
Grey Cheapest	9.4339	Ksh 0.50	₦305,654.80	−₦26,583.81
Pesa	9.3314	Ksh 162.00	₦300,825.45	−₦31,413.16
PayPal App (P2P Transfer)	9.6390	Ksh 1,296.00	₦299,812.12	−₦32,426.49

Sat, 17 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.2323	–	₦331,527.91
Grey Cheapest	9.4138	Ksh 0.50	₦305,000.97	−₦26,526.94
Pesa	9.3114	Ksh 162.00	₦300,181.95	−₦31,345.96
PayPal App (P2P Transfer)	9.6184	Ksh 1,296.00	₦299,170.79	−₦32,357.12

Mon, 19 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.2720	–	₦332,811.63
Grey Cheapest	9.4502	Ksh 0.50	₦306,181.98	−₦26,629.65
Pesa	9.3475	Ksh 162.00	₦301,344.29	−₦31,467.34
PayPal App (P2P Transfer)	9.6556	Ksh 1,296.00	₦300,329.22	−₦32,482.41

Tue, 20 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.2149	–	₦330,963.73
Grey Cheapest	9.3977	Ksh 0.50	₦304,481.93	−₦26,481.80
Pesa	9.2956	Ksh 162.00	₦299,671.11	−₦31,292.62
PayPal App (P2P Transfer)	9.6020	Ksh 1,296.00	₦298,661.67	−₦32,302.06

Wed, 21 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.2422	–	₦331,846.70
Grey Cheapest	9.4228	Ksh 0.50	₦305,294.25	−₦26,552.45
Pesa	9.3204	Ksh 162.00	₦300,470.59	−₦31,376.11
PayPal App (P2P Transfer)	9.6277	Ksh 1,296.00	₦299,458.46	−₦32,388.24

Thu, 22 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.2678	–	₦332,677.56
Grey Cheapest	9.4464	Ksh 0.50	₦306,058.63	−₦26,618.93
Pesa	9.3437	Ksh 162.00	₦301,222.90	−₦31,454.66
PayPal App (P2P Transfer)	9.6518	Ksh 1,296.00	₦300,208.23	−₦32,469.33

Fri, 23 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.2523	–	₦332,173.77
Grey Cheapest	9.4321	Ksh 0.50	₦305,595.16	−₦26,578.61
Pesa	9.3296	Ksh 162.00	₦300,766.74	−₦31,407.03
PayPal App (P2P Transfer)	9.6371	Ksh 1,296.00	₦299,753.61	−₦32,420.16

Sat, 24 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.2660	–	₦332,619.60
Grey Cheapest	9.4448	Ksh 0.50	₦306,005.31	−₦26,614.29
Pesa	9.3421	Ksh 162.00	₦301,170.42	−₦31,449.18
PayPal App (P2P Transfer)	9.6501	Ksh 1,296.00	₦300,155.93	−₦32,463.67

Mon, 26 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.3671	–	₦335,893.20
Grey Cheapest	9.5377	Ksh 0.50	₦309,016.97	−₦26,876.23
Pesa	9.4340	Ksh 162.00	₦304,134.50	−₦31,758.70
PayPal App (P2P Transfer)	9.7450	Ksh 1,296.00	₦303,110.02	−₦32,783.18

Tue, 27 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.3255	–	₦334,544.84
Grey Cheapest	9.4994	Ksh 0.50	₦307,776.50	−₦26,768.34
Pesa	9.3962	Ksh 162.00	₦302,913.62	−₦31,631.22
PayPal App (P2P Transfer)	9.7059	Ksh 1,296.00	₦301,893.26	−₦32,651.58

Wed, 28 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.3498	–	₦335,332.06
Grey Cheapest	9.5218	Ksh 0.50	₦308,500.74	−₦26,831.32
Pesa	9.4183	Ksh 162.00	₦303,626.42	−₦31,705.64
PayPal App (P2P Transfer)	9.7288	Ksh 1,296.00	₦302,603.65	−₦32,728.41

Thu, 29 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.3606	–	₦335,682.18
Grey Cheapest	9.5317	Ksh 0.50	₦308,822.84	−₦26,859.34
Pesa	9.4281	Ksh 162.00	₦303,943.43	−₦31,738.75
PayPal App (P2P Transfer)	9.7389	Ksh 1,296.00	₦302,919.60	−₦32,762.58

Fri, 30 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.3620	–	₦335,730.36
Grey Cheapest	9.5331	Ksh 0.50	₦308,867.16	−₦26,863.20
Pesa	9.4295	Ksh 162.00	₦303,987.05	−₦31,743.31
PayPal App (P2P Transfer)	9.7403	Ksh 1,296.00	₦302,963.07	−₦32,767.29

Sat, 31 Oct 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.3741	–	₦336,120.42
Grey Cheapest	9.5442	Ksh 0.50	₦309,226.01	−₦26,894.41
Pesa	9.4404	Ksh 162.00	₦304,340.23	−₦31,780.19
PayPal App (P2P Transfer)	9.7516	Ksh 1,296.00	₦303,315.07	−₦32,805.35

Mon, 2 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.3488	–	₦335,300.57
Grey Cheapest	9.5209	Ksh 0.50	₦308,471.76	−₦26,828.81
Pesa	9.4174	Ksh 162.00	₦303,597.90	−₦31,702.67
PayPal App (P2P Transfer)	9.7279	Ksh 1,296.00	₦302,575.23	−₦32,725.34

Tue, 3 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.3187	–	₦334,327.08
Grey Cheapest	9.4932	Ksh 0.50	₦307,576.17	−₦26,750.91
Pesa	9.3901	Ksh 162.00	₦302,716.45	−₦31,610.63
PayPal App (P2P Transfer)	9.6996	Ksh 1,296.00	₦301,696.76	−₦32,630.32

Wed, 4 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.3384	–	₦334,965.49
Grey Cheapest	9.5114	Ksh 0.50	₦308,163.49	−₦26,802.00
Pesa	9.4080	Ksh 162.00	₦303,294.50	−₦31,670.99
PayPal App (P2P Transfer)	9.7181	Ksh 1,296.00	₦302,272.86	−₦32,692.63

Thu, 5 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.3610	–	₦335,695.14
Grey Cheapest	9.5321	Ksh 0.50	₦308,834.76	−₦26,860.38
Pesa	9.4285	Ksh 162.00	₦303,955.16	−₦31,739.98
PayPal App (P2P Transfer)	9.7393	Ksh 1,296.00	₦302,931.29	−₦32,763.85

Fri, 6 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.3485	–	₦335,292.83
Grey Cheapest	9.5207	Ksh 0.50	₦308,464.64	−₦26,828.19
Pesa	9.4172	Ksh 162.00	₦303,590.89	−₦31,701.94
PayPal App (P2P Transfer)	9.7276	Ksh 1,296.00	₦302,568.25	−₦32,724.58

Sat, 7 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.3671	–	₦335,894.46
Grey Cheapest	9.5377	Ksh 0.50	₦309,018.14	−₦26,876.32
Pesa	9.4341	Ksh 162.00	₦304,135.64	−₦31,758.82
PayPal App (P2P Transfer)	9.7451	Ksh 1,296.00	₦303,111.16	−₦32,783.30

Sun, 8 Nov 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	10.3465	–	₦335,226.28
Grey Cheapest	9.5188	Ksh 0.50	₦308,403.41	−₦26,822.87
Pesa	9.4153	Ksh 162.00	₦303,530.63	−₦31,695.65
PayPal App (P2P Transfer)	9.7257	Ksh 1,296.00	₦302,508.19	−₦32,718.09

How to send money to Nigeria from Kenya with the best KES-NGN rate

Best companies for KES/NGN transfers