How to send money to Cuba from Nigeria with the best NGN-CUP rate
MoneyGram Agent is the overall cheapest way to send money from Nigeria of the 2 options available. It will get you 6,506.05 CUP from 360,000 NGN transfer.
In Cuba, you can withdraw money using bank deposit.
Use our filters below to find the best transfer option for your needs.
| 2 of 2 providers Last updated on 4 September 2026 This page updates weekly. We collect, store, and analyze NGN/CUP exchange rates from our comparisons. | |||
| Based on 360,000 NGN transfer Best companies for NGN/CUP transfersAll money transfer offers for NGN/CUP transfers, sorted by most CUP received. The first two offers may be sponsored promotions. Some offers here pay us a commission. | |||
Run a live search Showing top Nigeria to Cuba deals for 360,000 NGN. 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 NGN to CUP rates. | |||
Run a live search These companies offer multi-currency accounts for spending CUP. We suggest doing a live search based on how much NGN you're planning to spend in Cuba. | |||
Run a live search These are managed services with real human support for large NGN transfers. Click the link and update the transfer amount to get the best deal. | |||
| Send cash via a MoneyGram agent  MoneyGram Agent Pay via Bank transfer | Fee ₦14,400.00 1 NGN = 0.0188 CUP +6.00% vs mid-market | Recipient gets $6,506.05 Minutes - 3 days | |
Ways to receive money in Cuba with MoneyGram Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 3 days ₦14,400.001 NGN = 0.0188 CUP $6,506.05You pay₦360,000.00 | |||
| Send cash via a Western Union agent  Western Union Agent Pay via Bank transfer | Fee ₦10,800.00 1 NGN = 0.0186 CUP +7.00% vs mid-market | Recipient gets $6,503.89 Minutes - 5 days | |
Ways to receive money in Cuba with Western Union Agent when paying by bank transfer. MethodFee & ratesRecipient gets Bank depositMinutes - 5 days ₦10,800.001 NGN = 0.0186 CUP $6,503.89You pay₦360,000.00 | |||
| How Our Results Work Mid-market rate: 1 NGN = 0.020027 CUP Updates every 60 minutes. | |||
Transfer details
Transfer details
How to send money from Nigeria to Cuba
Pick a company
Start with the best service, which is MoneyGram Agent at 6,506.05 CUP for ₦360,000 transfer.
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.
Ways to fund NGN and receive CUP in Cuba
With MoneyGram Agent, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending ₦360,000 gives your recipient 6,506.05 CUP.
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 Cuba over internal network.
They can receive CUP using bank deposit.
To receive money as bank deposit (straight to their bank account), enter their bank and account details in Cuba.
- 1 Bank transfer Bank deposit
You pay ₦360,000.00
$MN6,506
Cheapest
Things to know before sending NGN to Ghana
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/GHS options
Compare the available NGN/GHS options
There are 2 companies available for a ₦360,000 transfer to Cuba, so the shortlist is smaller than it is for money coming into Nigeria.
Cheapest way to send money to Cuba
The cheapest option is MoneyGram Agent, funded by bank transfer with bank deposit for the payout. Your recipient gets 6,506.05 CUP, which is 0.03% more than the next best option.
Fastest way to send money to Cuba
The fastest option is MoneyGram Agent. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 6,506.05 CUP in minutes - 3 days.
NIP stops at the Nigerian border
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 Cuba.
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
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.
Check the NGN to CUP exchange rate
The NGN/CUP rate affects the final amount received in Cuba, so compare the current quote with its recent range.
Mid-market rate:1 NGN = 0.020037 CUP
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.
We track 2 of them on NGN to CUP, 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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