MoneyTransfers

How to send money to Argentina from Nigeria with the best NGN-ARS rate

PayPal App (P2P Transfer) is the overall cheapest way to send money from Nigeria out of the 3 options available. It will get you 372,339.95 ARS from a 360,000 NGN transfer.

In Argentina, you can withdraw money using bank deposit.

Use our filters below to find the best transfer option for your needs.

Best companies for NGN/ARS transfers

3 of 3 providers

Last updated on 28 October 2026

Based on 360,000 NGN transfer

Best companies for NGN/ARS transfers

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Showing top Nigeria to Argentina deals for 360,000 NGN. Do a live search with your exact amount for today's best rates.
Send Money Between PayPal Accounts

PayPal App (P2P Transfer)

Pay via Bank transfer
Fee ₦14,400.00 1 NGN = 1.0774 ARS +6.00% vs mid-market Recipient gets $372,339.95 Minutes
0 reviews
Fastest

Ways to receive money in Argentina with PayPal App (P2P Transfer) when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes
₦14,400.001 NGN = 1.0774 ARS
$372,339.95You pay₦360,000.00
Send cash via a MoneyGram agent

MoneyGram Agent

Pay via Bank transfer
Fee ₦14,400.00 1 NGN = 1.0774 ARS +6.00% vs mid-market Recipient gets $372,339.95 Minutes - 3 days
0 reviews
Cheapest

Ways to receive money in Argentina with MoneyGram Agent when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
₦14,400.001 NGN = 1.0774 ARS
$372,339.95You pay₦360,000.00
Send cash via a Western Union agent

Western Union Agent

Pay via Bank transfer
Fee ₦10,800.00 1 NGN = 1.0659 ARS +7.00% vs mid-market Recipient gets $372,216.17 Minutes - 5 days
0 reviews
Recommended

Ways to receive money in Argentina with Western Union Agent when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 5 days
₦10,800.001 NGN = 1.0659 ARS
$372,216.17You pay₦360,000.00
How Our Results Work
Mid-market rate: 1 NGN = 1.1461 ARS Updates every 60 minutes.

How to send money from Nigeria to Argentina

Pick a company

Start with the best service, which is PayPal App (P2P Transfer) at 372,339.95 ARS for a ₦360,000 transfer.

PayPal App (P2P Transfer) was the cheapest on 30 of the 30 days it quoted ₦360,000 transfers to Argentina.

Most of the transfer apps you see advertised only bring money into Nigeria, but companies above can send it out.

Fund your transfer

You have 1 ways to pay, including bank transfer.

A transfer from your banking app is instant and free, and it's how nearly everyone pays.

Verify and send

First time round you'll need your BVN and a photo ID.

Get it done before the day you need to send, since it's the usual reason a first transfer stalls.

Check the rate you're shown against the day's rate before you confirm.

Compare amounts

How much NGN are you sending to Argentina?

How much NGN you send to Argentina 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 PayPal App (P2P Transfer) was the cheapest in 83% of all the transfers it quoted over the past month.

Cheapest service
₦100,00010.00%₦3,000.00$100,083.86with bank transfer to bank deposit+$687.86
₦250,0006.00%₦10,000.00$258,664.39with bank transfer to bank deposit+$28.66
₦300,0006.00%₦12,000.00$310,286.81with bank transfer to bank deposit+$34.38
₦360,000This page6.00%₦14,400.00$372,339.95with bank transfer to bank deposit+$41.26

Mid-market rate: 1 NGN = 1.1461 ARS

NGN/ARS Exchange Rate History

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

The cheapest way to send NGN to ARS 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 PayPal App (P2P Transfer)), across 30 days of comparisons for 360,000 NGN transfers to Argentina.

ARS received for ₦360,000, after fees

Wed, 28 Oct 2026Mid-market rate$412,610.76 PayPal App (P2P Transfer) $372,339.95PayPal App (P2P Transfer)$372,339.95MoneyGram Agent$372,339.95Western Union Agent$372,216.17

360,000
370,000
380,000
390,000
400,000
410,000
420,000
At the mid-market rateWith the cheapest optionPayPal App (P2P Transfer)MoneyGram AgentWestern Union Agent
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1536 – $415,296.00
PayPal App (P2P Transfer) Cheapest 1.0844 ₦14,400.00 $374,763.11 −$40,532.89
MoneyGram Agent 1.0844 ₦14,400.00 $374,763.11 −$40,532.89
Western Union Agent 1.0728 ₦10,800.00 $374,638.52 −$40,657.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1483 – $413,391.24
PayPal App (P2P Transfer) Cheapest 1.0794 ₦14,400.00 $373,044.25 −$40,346.99
MoneyGram Agent 1.0794 ₦14,400.00 $373,044.25 −$40,346.99
Western Union Agent 1.0679 ₦10,800.00 $372,920.24 −$40,471.00
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1491 – $413,674.20
PayPal App (P2P Transfer) Cheapest 1.0801 ₦14,400.00 $373,299.60 −$40,374.60
MoneyGram Agent 1.0801 ₦14,400.00 $373,299.60 −$40,374.60
Western Union Agent 1.0687 ₦10,800.00 $373,175.50 −$40,498.70
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1476 – $413,152.56
PayPal App (P2P Transfer) Cheapest 1.0788 ₦14,400.00 $372,828.87 −$40,323.69
MoneyGram Agent 1.0788 ₦14,400.00 $372,828.87 −$40,323.69
Western Union Agent 1.0673 ₦10,800.00 $372,704.92 −$40,447.64
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1436 – $411,689.16
PayPal App (P2P Transfer) Cheapest 1.0750 ₦14,400.00 $371,508.30 −$40,180.86
MoneyGram Agent 1.0750 ₦14,400.00 $371,508.30 −$40,180.86
Western Union Agent 1.0635 ₦10,800.00 $371,384.79 −$40,304.37
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1458 – $412,503.12
PayPal App (P2P Transfer) Cheapest 1.0771 ₦14,400.00 $372,242.82 −$40,260.30
MoneyGram Agent 1.0771 ₦14,400.00 $372,242.82 −$40,260.30
Western Union Agent 1.0656 ₦10,800.00 $372,119.06 −$40,384.06
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1487 – $413,546.04
PayPal App (P2P Transfer) Cheapest 1.0798 ₦14,400.00 $373,183.95 −$40,362.09
MoneyGram Agent 1.0798 ₦14,400.00 $373,183.95 −$40,362.09
Western Union Agent 1.0683 ₦10,800.00 $373,059.88 −$40,486.16
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1499 – $413,974.80
PayPal App (P2P Transfer) Cheapest 1.0809 ₦14,400.00 $373,570.86 −$40,403.94
MoneyGram Agent 1.0809 ₦14,400.00 $373,570.86 −$40,403.94
Western Union Agent 1.0694 ₦10,800.00 $373,446.67 −$40,528.13
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1465 – $412,755.48
PayPal App (P2P Transfer) Cheapest 1.0778 ₦14,400.00 $372,470.55 −$40,284.93
MoneyGram Agent 1.0778 ₦14,400.00 $372,470.55 −$40,284.93
Western Union Agent 1.0663 ₦10,800.00 $372,346.72 −$40,408.76
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1416 – $410,979.60
PayPal App (P2P Transfer) Cheapest 1.0731 ₦14,400.00 $370,867.99 −$40,111.61
MoneyGram Agent 1.0731 ₦14,400.00 $370,867.99 −$40,111.61
Western Union Agent 1.0617 ₦10,800.00 $370,744.70 −$40,234.90
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1408 – $410,683.32
PayPal App (P2P Transfer) Cheapest 1.0723 ₦14,400.00 $370,600.63 −$40,082.69
MoneyGram Agent 1.0723 ₦14,400.00 $370,600.63 −$40,082.69
Western Union Agent 1.0609 ₦10,800.00 $370,477.42 −$40,205.90
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1421 – $411,151.32
PayPal App (P2P Transfer) Cheapest 1.0736 ₦14,400.00 $371,022.95 −$40,128.37
MoneyGram Agent 1.0736 ₦14,400.00 $371,022.95 −$40,128.37
Western Union Agent 1.0621 ₦10,800.00 $370,899.61 −$40,251.71
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1421 – $411,151.32
PayPal App (P2P Transfer) Cheapest 1.0736 ₦14,400.00 $371,022.95 −$40,128.37
MoneyGram Agent 1.0736 ₦14,400.00 $371,022.95 −$40,128.37
Western Union Agent 1.0621 ₦10,800.00 $370,899.61 −$40,251.71
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1394 – $410,184.00
PayPal App (P2P Transfer) Cheapest 1.0710 ₦14,400.00 $370,150.04 −$40,033.96
MoneyGram Agent 1.0710 ₦14,400.00 $370,150.04 −$40,033.96
Western Union Agent 1.0596 ₦10,800.00 $370,026.99 −$40,157.01
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1396 – $410,250.24
PayPal App (P2P Transfer) Cheapest 1.0712 ₦14,400.00 $370,209.82 −$40,040.42
MoneyGram Agent 1.0712 ₦14,400.00 $370,209.82 −$40,040.42
Western Union Agent 1.0598 ₦10,800.00 $370,086.74 −$40,163.50
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1380 – $409,670.28
PayPal App (P2P Transfer) Cheapest 1.0697 ₦14,400.00 $369,686.46 −$39,983.82
MoneyGram Agent 1.0697 ₦14,400.00 $369,686.46 −$39,983.82
Western Union Agent 1.0583 ₦10,800.00 $369,563.56 −$40,106.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1377 – $409,568.40
PayPal App (P2P Transfer) Cheapest 1.0694 ₦14,400.00 $369,594.52 −$39,973.88
MoneyGram Agent 1.0694 ₦14,400.00 $369,594.52 −$39,973.88
Western Union Agent 1.0581 ₦10,800.00 $369,471.65 −$40,096.75
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1362 – $409,038.12
PayPal App (P2P Transfer) Cheapest 1.0680 ₦14,400.00 $369,116.00 −$39,922.12
MoneyGram Agent 1.0680 ₦14,400.00 $369,116.00 −$39,922.12
Western Union Agent 1.0567 ₦10,800.00 $368,993.29 −$40,044.83
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1339 – $408,219.48
PayPal App (P2P Transfer) Cheapest 1.0659 ₦14,400.00 $368,377.26 −$39,842.22
MoneyGram Agent 1.0659 ₦14,400.00 $368,377.26 −$39,842.22
Western Union Agent 1.0546 ₦10,800.00 $368,254.79 −$39,964.69
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1383 – $409,771.08
PayPal App (P2P Transfer) Cheapest 1.0700 ₦14,400.00 $369,777.42 −$39,993.66
MoneyGram Agent 1.0700 ₦14,400.00 $369,777.42 −$39,993.66
Western Union Agent 1.0586 ₦10,800.00 $369,654.49 −$40,116.59
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1380 – $409,680.00
PayPal App (P2P Transfer) Cheapest 1.0697 ₦14,400.00 $369,695.23 −$39,984.77
MoneyGram Agent 1.0697 ₦14,400.00 $369,695.23 −$39,984.77
Western Union Agent 1.0583 ₦10,800.00 $369,572.33 −$40,107.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1491 – $413,669.88
PayPal App (P2P Transfer) Cheapest 1.0801 ₦14,400.00 $373,295.70 −$40,374.18
MoneyGram Agent 1.0801 ₦14,400.00 $373,295.70 −$40,374.18
Western Union Agent 1.0686 ₦10,800.00 $373,171.60 −$40,498.28
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1456 – $412,418.88
PayPal App (P2P Transfer) Cheapest 1.0769 ₦14,400.00 $372,166.80 −$40,252.08
MoneyGram Agent 1.0769 ₦14,400.00 $372,166.80 −$40,252.08
Western Union Agent 1.0654 ₦10,800.00 $372,043.07 −$40,375.81
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1452 – $412,284.24
PayPal App (P2P Transfer) Cheapest 1.0765 ₦14,400.00 $372,045.30 −$40,238.94
MoneyGram Agent 1.0765 ₦14,400.00 $372,045.30 −$40,238.94
Western Union Agent 1.0651 ₦10,800.00 $371,921.61 −$40,362.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1477 – $413,159.76
PayPal App (P2P Transfer) Cheapest 1.0788 ₦14,400.00 $372,835.37 −$40,324.39
MoneyGram Agent 1.0788 ₦14,400.00 $372,835.37 −$40,324.39
Western Union Agent 1.0673 ₦10,800.00 $372,711.42 −$40,448.34
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1434 – $411,641.64
PayPal App (P2P Transfer) Cheapest 1.0748 ₦14,400.00 $371,465.42 −$40,176.22
MoneyGram Agent 1.0748 ₦14,400.00 $371,465.42 −$40,176.22
Western Union Agent 1.0634 ₦10,800.00 $371,341.92 −$40,299.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1434 – $411,641.64
PayPal App (P2P Transfer) Cheapest 1.0748 ₦14,400.00 $371,465.42 −$40,176.22
MoneyGram Agent 1.0748 ₦14,400.00 $371,465.42 −$40,176.22
Western Union Agent 1.0634 ₦10,800.00 $371,341.92 −$40,299.72
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1314 – $407,301.48
PayPal App (P2P Transfer) Cheapest 1.0635 ₦14,400.00 $367,548.86 −$39,752.62
MoneyGram Agent 1.0635 ₦14,400.00 $367,548.86 −$39,752.62
Western Union Agent 1.0522 ₦10,800.00 $367,426.67 −$39,874.81
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1499 – $413,950.68
PayPal App (P2P Transfer) Cheapest 1.0809 ₦14,400.00 $373,549.09 −$40,401.59
MoneyGram Agent 1.0809 ₦14,400.00 $373,549.09 −$40,401.59
Western Union Agent 1.0694 ₦10,800.00 $373,424.91 −$40,525.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.1461 – $412,610.76
PayPal App (P2P Transfer) Cheapest 1.0774 ₦14,400.00 $372,339.95 −$40,270.81
MoneyGram Agent 1.0774 ₦14,400.00 $372,339.95 −$40,270.81
Western Union Agent 1.0659 ₦10,800.00 $372,216.17 −$40,394.59

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send ₦360,000, after fees, as quoted by each company. The mid-market line shows what ₦360,000 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 ARS per NGN 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 ARS on every transfer from Nigeria.

Right now, PayPal App (P2P Transfer) pays 372,339.95 ARS on 360,000 NGN, which is 40,270.81 ARS less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 374,763.11 ARS.

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 Argentina.

We've tracked 170 comparisons to check how often today's top companies were the cheapest across 8 amounts over the past month.

  1. PayPal App (P2P Transfer)Appeared in 92 comparisons

    Cheapest in 83% of them

  2. MoneyGram AgentAppeared in 92 comparisons

    Never the cheapest

  3. Western Union AgentAppeared in 92 comparisons

    Cheapest in 17% of them

Based on 170 comparisons across 8 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 PayPal App (P2P Transfer) is the cheapest and gets you the most ARS, and it was also the cheapest in 83% of the 92 comparisons it appeared in over the past month.

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

MoneyGram Agent (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to Argentina.

Ways to fund NGN and receive ARS in Argentina

With PayPal App (P2P Transfer), paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending ₦360,000 gives your recipient 372,339.95 ARS.

For paying in NGN, you can use bank transfer.

I suggest funding the NGN side by bank transfer

Use bank transfer to add NGN from your Nigerian account.

NIP moves the money to the specialist within Nigeria, then the specialist handles the cross-border transfer to Argentina over internal network.

They can receive ARS using bank deposit.

To receive money as bank deposit (straight to their bank account), enter their bank and account details in Argentina.

  1. 1
    Bank transfer Bank deposit

    You pay ₦360,000.00

    AR$372,340

    Cheapest

Things to know before sending NGN to Argentina

Sending money out of Nigeria is an access-to-FX problem first. The cheapest quote only matters if the company can legally accept NGN from a Nigerian resident.

Compare the available NGN/ARS options

There are 3 companies available for a ₦360,000 transfer to Argentina, so the shortlist is smaller than it is for money coming into Nigeria.

Cheapest way to send money to Argentina

The cheapest option is PayPal App (P2P Transfer), funded by bank transfer with bank deposit for the payout. Your recipient gets 372,339.95 ARS, which is 0% more than the next best option.

Fastest way to send money to Argentina

The fastest option is PayPal App (P2P Transfer). Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 372,339.95 ARS in minutes.

NIP stops at the Nigerian border

NIP can move NGN from your bank to the transfer company within Nigeria, but it does not send the money to Argentina.

The company still needs an approved cross-border route for the conversion and payout.

For a bank wire, money already held in a domiciliary account is generally easier to document than foreign currency bought informally and deposited as cash.

Check the CBN licence

Use the CBN's licensed institution records and confirm that the service is authorised for money transfers.

Do not send naira to a personal account or an unknown USDT seller because the quoted rate is better.

If the transfer fails, there may be no real way to recover it.

How we analyse the market

Only companies licensed to send money out of Nigeria make this table, which rules out most of the apps you'll see advertised.

In the past 30 days alone, we analysed 170 comparisons across 8 amounts.

This page covers the cheapest and fastest options for NGN/ARS 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 3 of them on NGN to ARS, comparing rates, fees and how the money is paid in and collected. Each goes through our review first.

Rates here move daily, so ours refresh in real time on live searches. 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.

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