Best companies for KWD/NGN transfers
2 of 2 providers Last updated on 10 November 2026
Based on 2,159 KWD transfer Best companies for KWD/NGN transfers Sort Cheapest
Promoted Xe Pay via Bank transfer	Fee KWD 0.00 1 KWD = 4082.8350 NGN +5.93% vs mid-market	Recipient gets ₦8,814,840.77 Minutes - 24 hours
4 reviews Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Nigeria with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 KWD = 4082.8350 NGN ₦8,814,840.77You payKWD 2,159.00
Promoted Regency FX Pay via Bank transfer	Fee KWD 0.00 1 KWD = 4320.8454 NGN +0.27% vs mid-market	Recipient gets ₦9,328,705.23 Minutes - 24 hours
9 reviews Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Nigeria with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 KWD = 4320.8454 NGN ₦9,328,705.23You payKWD 2,159.00
Run a live search Showing top Kuwait to Nigeria deals for 2,159 KWD. 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 KWD 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 KWD you're planning to spend in Nigeria.
Run a live search These are managed services with real human support for large KWD transfers. Click the link and update the transfer amount to get the best deal.
Exclusive: First Transfer Deal Regency FX Pay via Bank transfer	Fee KWD 0.00 1 KWD = 4320.8454 NGN +0.27% vs mid-market	Recipient gets ₦9,328,705.23 Minutes - 24 hours
9 reviews Cheapest Personal account managerReceive to bank accountProfessional, personal service
Ways to receive money in Nigeria with Regency FX when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 KWD = 4320.8454 NGN ₦9,328,705.23You payKWD 2,159.00
Xe Pay via Bank transfer	Fee KWD 0.00 1 KWD = 4082.8350 NGN +5.93% vs mid-market	Recipient gets ₦8,814,840.77 Minutes - 24 hours
4 reviews FastestOur top pick Personal account managerReceive to bank accountDedicated support for larger transactions
Ways to receive money in Nigeria with Xe when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 24 hours Free1 KWD = 4082.8350 NGN ₦8,814,840.77You payKWD 2,159.00
How Our Results Work Mid-market rate: 1 KWD = 4332.5433 NGN Updates every 60 minutes.

Why compare

KWD/NGN exchange rate

Best ways to pay & receive

Transfer speed

How to send money from Kuwait to Nigeria

Pick a company

For a one-off transfer from Kuwait, I suggest picking the cheapest option which is Regency FX.

Regency FX was the cheapest on 29 of the 29 days it quoted KWD2,159 transfers to Nigeria.

On a 2,159 KWD transfer, Regency FX delivers the most NGN.

This will change depending on how much you actually send, so I suggest running a live search to get the best KWD/NGN rate.

Fund your transfer

You have 1 ways to deposit money, including bank transfer.

Cash still works, with a daily limit on how much.

Verify and send

You'll need your Civil ID to register and to send money to Nigeria.

Anything above KD 3,000 will likely need two months of bank statements, so have them ready rather than starting from scratch.

KWD/NGN Exchange Rate History

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

The cheapest way to send KWD 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 Regency FX), across 30 days of comparisons for 2,159 KWD transfers to Nigeria.

Each line shows what the recipient gets when you send KWD 2,159, after fees, as quoted by each company. The mid-market line shows what KWD 2,159 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 KWD 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 Kuwait.

Right now, Regency FX pays 9,328,705.23 NGN on 2,159 KWD, which is 25,255.69 NGN less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 9,341,739.93 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 30 comparisons to check how often today's top companies were the cheapest across 1 amounts over the past month.

Regency FXAppeared in 29 comparisons
Cheapest every time
XeAppeared in 30 comparisons
Cheapest in 3% of them

Based on 30 comparisons across 1 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 Regency FX is the cheapest and gets you the most NGN, and it was also the cheapest in 100% of the 29 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Nigeria.

Xe (today's second cheapest) was the cheapest in only 3% of its comparisons, so it's rarely the cheapest option for transfers to Nigeria.

Ways to send money from Kuwait to Nigeria

2 companies send money from Kuwait to Nigeria, mostly through currency broker, online, and app, and more below.

For sending KWD online

Apps & online transfers

There aren’t many options to send KWD online.

One of the best and cheapest options is Xe.

Sending KWD2,159 gets you 8,814,840.77 NGN with a 0 fee and 5.93% markup, usually in minutes - 24 hours.

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

Large transfers from Kuwait

Currency brokers

For large transfers from Kuwait like buying property in Nigeria or moving your savings out, a broker like Regency FX charges no fee and works on a margin (around 0.27% on KWD/NGN).

Our analysis shows Regency FX was the cheapest broker in 100% of all the transfers it quoted.

You will need your Civil ID, salary certificate, and bank statements ready.

Anything above KD 3,000 gets asked for them now, and having it ready makes the process faster.

For business accounts

Global accounts

If you’re paying employees, freelancers, or contractors in Nigeria, global accounts are a much better option than money transfer services.

Companies like Xe Business, Payoneer, or Veem offer features and tools better suited to businesses in Kuwait.

Ways to fund KWD and receive NGN in Nigeria

With Regency FX, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending KWD 2,159 gives your recipient 9,328,705.23 NGN.

To fund your transfer, use bank transfer.

To receive NGN, the options are bank deposit.

1

Bank transfer Bank deposit

You pay KWD2,159.00

₦9,328,705

Cheapest

Consider this before sending KWD to Nigeria

Exchange companies are the main route out of Kuwait, and the best deal usually comes down to the KWD/NGN rate rather than the visible fee.

Compare Kuwait to Nigeria transfer options

Cheapest way to send money to Nigeria

The cheapest option for a KWD 2,159 transfer is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 9,328,705.23 NGN, which is 5.51% more than the next best option.

Fastest way to send money to Nigeria

The fastest option is Regency FX. Pay by bank transfer and choose bank deposit in Nigeria. Your recipient gets 9,328,705.23 NGN in minutes - 24 hours.

Staying safe when sending KWD

Kuwait's exchange companies are supervised by the Central Bank of Kuwait.

A valid Civil ID is normally needed to register and send.

The company may also ask for the purpose of the transfer and source of funds, particularly when the amount is large or unusual for your account.

Keep the receipt and transfer reference until the NGN has arrived.

If an exchange company does not resolve a problem, you can submit a complaint directly through the CBK Customer Protection portal.

When in doubt, check the company in the CBK list of exchange companies.

KNET and WAMD do not send money abroad

KNET is Kuwait's domestic debit network, while WAMD moves money between participating Kuwaiti accounts using a mobile number.

Either may help you pay for the transfer to Nigeria depending on the company, but they can't send KWD directly to Nigeria.

Sort out a large transfer before leaving Kuwait

Moving savings or an end-of-service payment is easier while your Civil ID, Kuwait mobile number and bank access are still active.

Ask the bank or exchange company what documents it needs before the final payment reaches your account.

A salary certificate, bank statements or the end-of-service calculation may be requested.

How we analyse the market

We track 2 companies licensed by the Central Bank of Kuwait sending KWD to Nigeria.

The Kuwaiti dinar is pegged to a basket of currencies, so the KWD/NGN rate still moves with the US dollar. Our rates refresh in real time on live searches, alongside fees and the ways to pay and collect.

In the past 30 days alone, we analysed 30 comparisons across 1 amounts.

This page covers the cheapest and fastest options for KWD/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.

Each goes through our review first.

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 Kuwait

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Send money to Nigeria

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Mon, Oct 12, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4277.5474	–	₦9,235,224.94
Regency FX Cheapest	4265.9981	KWD 0.00	₦9,210,289.83	−₦24,935.11
Xe	4054.7460	KWD 0.00	₦8,754,196.61	−₦481,028.33

Tue, Oct 13, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4274.1814	–	₦9,227,957.75
Regency FX Cheapest	4262.6412	KWD 0.00	₦9,203,042.26	−₦24,915.49
Xe	4054.3980	KWD 0.00	₦8,753,445.28	−₦474,512.47

Wed, Oct 14, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4268.3719	–	₦9,215,414.99
Regency FX Cheapest	4256.8473	KWD 0.00	₦9,190,533.37	−₦24,881.62
Xe	4048.8822	KWD 0.00	₦8,741,536.67	−₦473,878.32

Thu, Oct 15, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4274.3529	–	₦9,228,327.95
Regency FX Cheapest	4262.8122	KWD 0.00	₦9,203,411.47	−₦24,916.48
Xe	4053.0905	KWD 0.00	₦8,750,622.39	−₦477,705.56

Fri, Oct 16, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4284.7683	–	₦9,250,814.74
Regency FX Cheapest	4273.1994	KWD 0.00	₦9,225,837.54	−₦24,977.20
Xe	4056.6986	KWD 0.00	₦8,758,412.28	−₦492,402.46

Sat, Oct 17, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4282.8924	–	₦9,246,764.76
Regency FX Cheapest	4271.3286	KWD 0.00	₦9,221,798.49	−₦24,966.27
Xe	4138.0178	KWD 0.00	₦8,933,980.43	−₦312,784.33

Mon, Oct 19, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4292.0814	–	₦9,266,603.84
Regency FX Cheapest	4280.4928	KWD 0.00	₦9,241,584.01	−₦25,019.83
Xe	4063.7962	KWD 0.00	₦8,773,736.00	−₦492,867.84

Tue, Oct 20, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4278.3944	–	₦9,237,053.56
Regency FX Cheapest	4266.8428	KWD 0.00	₦9,212,113.51	−₦24,940.05
Xe	4044.3123	KWD 0.00	₦8,731,670.26	−₦505,383.30

Wed, Oct 21, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4298.9082	–	₦9,281,342.91
Regency FX Cheapest	4287.3012	KWD 0.00	₦9,256,283.28	−₦25,059.63
Xe	4053.7892	KWD 0.00	₦8,752,130.88	−₦529,212.03

Thu, Oct 22, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4297.7215	–	₦9,278,780.74
Regency FX Cheapest	4286.1177	KWD 0.00	₦9,253,728.04	−₦25,052.70
Xe	4055.4226	KWD 0.00	₦8,755,657.39	−₦523,123.35

Fri, Oct 23, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4285.4352	–	₦9,252,254.65
Regency FX Cheapest	4273.8646	KWD 0.00	₦9,227,273.57	−₦24,981.08
Xe	4060.7552	KWD 0.00	₦8,767,170.48	−₦485,084.17

Sat, Oct 24, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4287.4203	–	₦9,256,540.50
Regency FX Cheapest	4275.8443	KWD 0.00	₦9,231,547.84	−₦24,992.66
Xe	4220.3162	KWD 0.00	₦9,111,662.68	−₦144,877.82

Mon, Oct 26, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4328.5298	–	₦9,345,295.93
Regency FX Cheapest	4316.8428	KWD 0.00	₦9,320,063.63	−₦25,232.30
Xe	4106.8147	KWD 0.00	₦8,866,612.94	−₦478,682.99

Tue, Oct 27, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4311.9211	–	₦9,309,437.58
Regency FX Cheapest	4300.2789	KWD 0.00	₦9,284,302.09	−₦25,135.49
Xe	4086.7825	KWD 0.00	₦8,823,363.42	−₦486,074.16

Wed, Oct 28, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4309.1785	–	₦9,303,516.39
Regency FX Cheapest	4297.5437	KWD 0.00	₦9,278,396.90	−₦25,119.49
Xe	4092.6721	KWD 0.00	₦8,836,079.06	−₦467,437.33

Thu, Oct 29, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4330.6183	–	₦9,349,804.84
Regency FX Cheapest	4318.9256	KWD 0.00	₦9,324,560.36	−₦25,244.48
Xe	4114.9485	KWD 0.00	₦8,884,173.81	−₦465,631.03

Fri, Oct 30, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	–	–	–
Xe Cheapest	4100.6482	KWD 0.00	₦8,853,299.46	–
Regency FX No quote collected this day	–	–	–	–

Sat, Oct 31, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4327.1157	–	₦9,342,242.90
Regency FX Cheapest	4315.4325	KWD 0.00	₦9,317,018.84	−₦25,224.06
Xe	4180.1026	KWD 0.00	₦9,024,841.51	−₦317,401.39

Mon, Nov 2, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4320.2981	–	₦9,327,523.60
Regency FX Cheapest	4308.6333	KWD 0.00	₦9,302,339.29	−₦25,184.31
Xe	4095.3292	KWD 0.00	₦8,841,815.74	−₦485,707.86

Tue, Nov 3, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4304.1698	–	₦9,292,702.65
Regency FX Cheapest	4292.5486	KWD 0.00	₦9,267,612.36	−₦25,090.29
Xe	4062.9704	KWD 0.00	₦8,771,953.09	−₦520,749.56

Wed, Nov 4, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4317.5986	–	₦9,321,695.38
Regency FX Cheapest	4305.9411	KWD 0.00	₦9,296,526.81	−₦25,168.57
Xe	4085.5361	KWD 0.00	₦8,820,672.44	−₦501,022.94

Thu, Nov 5, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4333.8916	–	₦9,356,871.90
Regency FX Cheapest	4322.1901	KWD 0.00	₦9,331,608.35	−₦25,263.55
Xe	4094.6452	KWD 0.00	₦8,840,338.99	−₦516,532.91

Fri, Nov 6, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4327.4650	–	₦9,342,996.87
Regency FX Cheapest	4315.7808	KWD 0.00	₦9,317,770.78	−₦25,226.09
Xe	4085.3406	KWD 0.00	₦8,820,250.36	−₦522,746.51

Sat, Nov 7, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4332.1391	–	₦9,353,088.23
Regency FX Cheapest	4320.4423	KWD 0.00	₦9,327,834.89	−₦25,253.34
Xe	4182.9145	KWD 0.00	₦9,030,912.41	−₦322,175.82

Mon, Nov 9, 2026	Exchange rate	Fee	Recipient gets	Difference
Mid-market rate	4338.5970	–	₦9,367,030.91
Regency FX Cheapest	4326.8828	KWD 0.00	₦9,341,739.93	−₦25,290.98
Xe	4100.8860	KWD 0.00	₦8,853,812.87	−₦513,218.04

How to send money to Nigeria from Kuwait with the best KWD-NGN rate

Best companies for KWD/NGN transfers