How to send money to Ghana from Nigeria with the best NGN-GHS rate

A comparison of providers offering services between Nigeria and Ghana, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.

Right now, converting NGN to GHS is:

• Africhange is our recommended company for sending money to Ghana from NGN. Sending 360,000 NGN to GHS will cost you ₦0.09 in fees, and you will receive 42,120,000 GHS. The delivery time usually is minutes, but can be longer depending when you make the transfer.

• Africhange offers the lowest cost transfers between Nigeria and Ghana out of the 5 providers compared.

• Fastest money transfers option to Ghana from Nigeria is via Africhange. For example, if you send 360,000 NGN with Africhange to Ghana, the transfer time is minutes.

We’ve compared 5 providers that provide services for sending Naira to Ghana. This ensures you will get the best options for your transfer to Ghana from Nigeria.

An exchange rate determines the price you will pay when buying Ghan Cedi. A better exchange rate means more money sent from Nigeria to Ghana.

The current rate between the Naira and Ghan Cedi is 0.0082, and it changes almost constantly.

Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Nigeria to Ghana.

• The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Ghan Cedi for your Naira. The current NGN-GHS mid-market rate is 0.0082 GHS per Naira.

• Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Naira you’re sending to Ghana. Africhange currently is the cheapest option for transfers into GHS costing 0.09 NGN per transfer. We always recommend searching for your exact send amount for an exact fee.

• Amount Received: The amount received in Ghan Cedi is the biggest indicator of the total cost of sending money to Ghana from Nigeria. The bigger the amount received in Ghana, the lower the overall cost of sending from Nigeria.

Understanding the averages, and then waiting a day or two can help you get more GHS for the same amount of Naira.

A better option is to use a forward contract that also allows you to lock in an agreed exchange rate between Nigeria and Ghana.

A bank transfer is the payment method that will get you the best price on a transfer from Nigeria to Ghana.

Here are all the ways to send money from Nigeria to Ghana:

Bank transfers

Bank transfers are often fastest, cheapest and best way to send money from Nigeria to Ghana.

Using a money transfer company such as Africhange for transfers from Nigeria to Ghana, will mean being able to send money via a bank transfer while benefiting from lower fees and more favorable exchange rates. 


Debit and prepaid cards

Sending money from Nigeria to Ghana with a debit card or a prepaid card is very simple with Western Union Agent.


Western Union Agent is the cheapest option for sending money with a debit card between Nigeria and Ghana. This is of the 5 money transfer companies offering debit card payments on this route.

Credit cards

When it comes to credit card transfers from Nigeria to Ghana, we recommend comparing your options to get the best deal.

and have different regulations and ensuring you fully understand these regulations will aid in keeping your money safe.

Our directory of worldwide financial regulators contains details on regulation for money transfers between Nigeria and Ghana

Some companies offering money transfers between Nigeria and Ghana have minimum or maximum thresholds on how much you can send or receive.

Rates and fees for different transfer amounts could change - that’s why it’s best to compare NGN-GHS rates for your specific transfer amount. For regular transfers to Ghana, shopping around each time can make a huge difference.

For sending large amounts of NGN to Ghana, we’d recommend Africhange. They offer a solid combination of rates and fees when sending from Nigeria to Ghana that is the most competitive, even at larger amounts.

There are different options for receiving Ghan Cedi in Ghana. The most popular are direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account. Not all providers offering transfers from Nigeria to Ghana will offer every method for incoming Ghan Cedi, so it’s best to check ahead of time.

Sending directly to a bank account is one of the most common ways to send money from Nigeria to Ghana. For most part, this is because it means the recipient has to do very little.

Africhange is the best company for bank transfers between Nigeria and Ghana.

Mobile wallet or P2P services and payment apps like PayPal, Xoom, and CashApp are popular because of convenience, but they come with more limitations and higher costs compared to money transfer providers like Africhange.

When sending Naira to Ghana, through a money transfer company, you will need to verify your ID at the sign up stage.

The documents you need will vary and in some cases you might need a couple of options.

For the most part, ID can be verified in Nigeria through a government issued ID such as a passport or driver's license. If the recipient needs an ID to collect money in Ghana it will be similar.

Large transactions between Nigeria and Ghana, can be subject to additional checks such as proof of funds for anti-money laundering purposes.

One of the reasons Africhange has scored so highly for transfers to Ghana is their easy sign up process in Nigeria.

As well as proof of funds, when sending large amounts of money between Nigeria and Ghana.

Some transfers into Ghan Cedi may need to be reported to tax authorities in Ghana as well, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in Ghana based on age, income and a few other elements. When in doubt, please contact a tax professional in Nigeria or Ghana to discuss your personal circumstances to ensure you are not missing any specific tax declarations.