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

Of the 2 services we compared from Kuwait, Regency FX is cheapest overall right now, delivering 9,224,247.35 NGN when you send KWD 2,159 to Nigeria.

If you need money fast, we suggest using Regency FX, it will get you 9,224,247.35 NGN in minutes - 24 hours.

Best companies for KWD/NGN transfers

2 of 2 providers

Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze KWD/NGN exchange rates from our comparisons.

Based on 2,159 KWD transfer

Best companies for KWD/NGN transfers

All money transfer offers for KWD/NGN transfers, sorted by most NGN received. The first two offers may be sponsored promotions. Some offers here pay us a commission.
Sort Cheapest
Promoted
Xe

Xe

Pay via Bank transfer
Fee KWD 0.00 1 KWD = 4057.1058 NGN +5.44% vs mid-market Recipient gets ₦8,759,291.42 Minutes - 24 hours
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 = 4057.1058 NGN
₦8,759,291.42You payKWD 2,159.00
Promoted
Regency FX

Regency FX

Pay via Bank transfer
Fee KWD 0.00 1 KWD = 4272.4629 NGN +0.27% vs mid-market Recipient gets ₦9,224,247.35 Minutes - 24 hours
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 = 4272.4629 NGN
₦9,224,247.35You 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.
Exclusive: First Transfer Deal
Regency FX

Regency FX

Pay via Bank transfer
Fee KWD 0.00 1 KWD = 4272.4629 NGN +0.27% vs mid-market Recipient gets ₦9,224,247.35 Minutes - 24 hours
CheapestUsing Bank transfer with Regency FX is the cheapest way to send money to Nigeria from Kuwait.
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 = 4272.4629 NGN
₦9,224,247.35You payKWD 2,159.00
Xe

Xe

Pay via Bank transfer
Fee KWD 0.00 1 KWD = 4057.1058 NGN +5.44% vs mid-market Recipient gets ₦8,759,291.42 Minutes - 24 hours
FastestXe with Bank transfer deposit is the fastest way to send KWD to Nigeria.RecommendedBased on our editorial reviews, Xe is our recommended way to send money from Kuwait to Nigeria.
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 = 4057.1058 NGN
₦8,759,291.42You payKWD 2,159.00
How Our Results Work
Mid-market rate: 1 KWD = 4284.029757 NGN Updates every 60 minutes.

How to send money from Kuwait to Nigeria

Pick a company

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

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.

Ways to send money from Kuwait to Nigeria

2 companies send money from Kuwait to Nigeria, mostly through 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 .د.ك2,159 gets you 8,759,291.42 NGN with a 0 fee and 5.44% markup, usually in minutes - 24 hours.

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).

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 India, global accounts are a much better option than money transfers 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 9,224,247.35 NGN.

To fund your transfer, use bank transfer.

To receive NGN, the options are bank deposit.

  1. 1
    Bank transfer Bank deposit

    You pay .د.ك2,159.00

    ₦9,224,247

    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 NGN 9,224,247.35 is Regency FX, funded by bank transfer with bank deposit for the payout. Your recipient gets 9,224,247.35 NGN, which is 5.04% 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 9,224,247.35 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 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.

Live KWD-NGN Exchange Rate

Compare the KWD to NGN exchange rate

Even a small move in the KWD/NGN rate can change the rupee amount on a larger transfer. Use the recent range when comparing today's quotes.

Mid-market rate:1 KWD = 4,281.745312 NGN

How we analyse the market

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

The dinar floats rather than tracking the dollar, so the rate genuinely moves. Ours refresh in real time on live searches, alongside fees and the ways to pay and collect.

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.