How to send money to Nigeria from Sweden with the best SEK-NGN rate

From 5 companies analysed, Wise is the cheapest way to send money to Nigeria, giving your recipient 11 213 814,27 NGN when you send SEK 80 000.

Deposit with bank transfer and use bank deposit for withdrawal to get the most NGN.

Best companies for SEK/NGN transfers

5 of 5 providers

Last updated on 10 November 2026

Based on 80,000 SEK transfer

Best companies for SEK/NGN transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee 501,54 kr 1 SEK = 141.0570 NGN -2.50% vs mid-market Recipient gets 11 213 814,27 ₦ Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Nigeria with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
501,54 kr1 SEK = 141.0570 NGN
11 213 814,27 ₦You pay80 000,00 kr
Promoted

Regency FX

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 137.1973 NGN +0.27% vs mid-market Recipient gets 10 975 787,78 ₦ 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 SEK = 137.1973 NGN
10 975 787,78 ₦You pay80 000,00 kr

Run a live search

Showing top Sweden to Nigeria deals for 80,000 SEK. Do a live search with your exact amount for today's best rates.

Wise

Pay via Bank transfer
Fee 501,54 kr 1 SEK = 141.0570 NGN -2.50% vs mid-market Recipient gets 11 213 814,27 ₦ Within minutes
CheapestOur top pick
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Nigeria with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
501,54 kr1 SEK = 141.0570 NGN
11 213 814,27 ₦You pay80 000,00 kr

TapTap Send

Pay via Debit card
Fee 0,00 kr 1 SEK = 138.8700 NGN -0.94% vs mid-market Recipient gets 11 109 600,00 ₦ Minutes
Receive to bank account

Ways to receive money in Nigeria with TapTap Send when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes
Free1 SEK = 138.8700 NGN
11 109 600,00 ₦You pay80 000,00 kr
Mobile moneyMinutesAvailable via:FairMoney, Kuda Bank, OPay, PalmPay
Free1 SEK = 138.8700 NGN
11 109 600,00 ₦You pay80 000,00 kr

Wise

Pay via Debit card
Fee 1 361,25 kr 1 SEK = 141.0570 NGN -2.50% vs mid-market Recipient gets 11 092 546,16 ₦ Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Nigeria with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
1 361,25 kr1 SEK = 141.0570 NGN
11 092 546,16 ₦You pay80 000,00 kr

Wise

Pay via Credit card
Fee 1 523,26 kr 1 SEK = 141.0570 NGN -2.50% vs mid-market Recipient gets 11 069 693,51 ₦ Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Nigeria with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
1 523,26 kr1 SEK = 141.0570 NGN
11 069 693,51 ₦You pay80 000,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Debit card
Fee 30,00 kr 1 SEK = 137.7318 NGN -0.12% vs mid-market Recipient gets 11 018 544,00 ₦ Minutes - 24 hours

Ways to receive money in Nigeria with MoneyGram when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
30,00 kr1 SEK = 137.7318 NGN
11 018 544,00 ₦You pay80 030,00 kr
Cash pickupMinutes - 24 hours
40,00 kr1 SEK = 137.7318 NGN
11 018 544,00 ₦You pay80 040,00 kr
Mobile moneyMinutes - 24 hoursAvailable via:SmartCash/Airtel
Free1 SEK = 136.8056 NGN
10 944 448,00 ₦You pay80 000,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Credit card
Fee 30,00 kr 1 SEK = 137.7318 NGN -0.12% vs mid-market Recipient gets 11 018 544,00 ₦ Minutes - 24 hours

Ways to receive money in Nigeria with MoneyGram when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
30,00 kr1 SEK = 137.7318 NGN
11 018 544,00 ₦You pay80 030,00 kr
Cash pickupMinutes - 24 hours
40,00 kr1 SEK = 137.7318 NGN
11 018 544,00 ₦You pay80 040,00 kr
Mobile moneyMinutes - 24 hoursAvailable via:SmartCash/Airtel
Free1 SEK = 136.8056 NGN
10 944 448,00 ₦You pay80 000,00 kr
$0 fee on first online transfers

MoneyGram

Pay via Bank transfer
Fee 30,00 kr 1 SEK = 137.7318 NGN -0.12% vs mid-market Recipient gets 11 018 544,00 ₦ Minutes - 24 hours

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

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hoursAvailable via:All Banks
30,00 kr1 SEK = 137.7318 NGN
11 018 544,00 ₦You pay80 030,00 kr
Cash pickupMinutes - 24 hours
40,00 kr1 SEK = 137.7318 NGN
11 018 544,00 ₦You pay80 040,00 kr
Mobile moneyMinutes - 24 hoursAvailable via:SmartCash/Airtel
Free1 SEK = 136.8056 NGN
10 944 448,00 ₦You pay80 000,00 kr
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee 0,00 kr 1 SEK = 137.1973 NGN +0.27% vs mid-market Recipient gets 10 975 787,78 ₦ 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 SEK = 137.1973 NGN
10 975 787,78 ₦You pay80 000,00 kr
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee 820,00 kr 1 SEK = 136.4852 NGN +0.79% vs mid-market Recipient gets 10 806 895,98 ₦ Within minutes
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in Nigeria with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
820,00 kr1 SEK = 136.4852 NGN
10 806 895,98 ₦You pay80 000,00 kr

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

How Our Results Work
Mid-market rate: 1 SEK = 137.5688 NGN Updates every 60 minutes.

How to send money from Sweden to Nigeria

Pick a company

For a one-off SEK transfer to Nigeria, I suggest picking the cheapest option which is Wise.

Wise was the cheapest on 7 of the 29 days it quoted kr80 000 transfers to Nigeria.

On a 80 000 SEK transfer, Wise delivers the most NGN.

The best option will change depending on how much you actually send, so I suggest to get the best SEK/NGN rate.

Fund your transfer

You can pay for the transfer using bank transfer, debit card, and credit card.

A transfer from your Swedish bank is usually the easiest way to fund the transfer.

Verify and send

Before you can send money to Nigeria, you'll need to verify your account.

Most companies do it with BankID.

If you can't get BankID yet, some companies will take a passport instead (but it's less common).

Compare amounts

How much SEK are you sending to Nigeria?

How much SEK you send to Nigeria 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 Wise was the cheapest in 18% of the transfers from SEK 50,000 it quoted, and in 12% of all the transfers it quoted.

Cheapest service
5 000 kr-2.61%39,40 kr700 729,40 ₦with bank transfer to bank deposit+9 516,98 ₦
10 000 kr-2.54%70,21 kr1 400 835,19 ₦with bank transfer to bank deposit+32 396,32 ₦
25 000 kr-2.61%162,64 kr3 508 500,64 ₦with bank transfer to bank deposit+98 412,23 ₦
50 000 kr-2.44%316,69 kr7 003 707,16 ₦with bank transfer to bank deposit+113 423,26 ₦
80 000 krThis page-2.50%501,54 kr11 213 814,27 ₦with bank transfer to bank deposit+177 817,64 ₦

Mid-market rate: 1 SEK = 137.5688 NGN

SEK/NGN Exchange Rate History

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

The cheapest way to send SEK 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 Wise), across 30 days of comparisons for 80 000 SEK transfers to Nigeria.

NGN received for 80 000 kr, after fees

Tue, 10 Nov 2026Mid-market rate11 005 502,64 ₦ Wise 11 213 814,27 ₦Wise11 213 814,27 ₦TapTap Send11 109 600,00 ₦MoneyGram11 018 544,00 ₦

10,4M
10,6M
10,8M
11,0M
11,2M
11,4M
11,6M
At the mid-market rateWith the cheapest optionWiseTapTap SendMoneyGram
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.2119 – 10 656 955,04 ₦
TapTap Send Cheapest 137.8500 0,00 kr 11 028 000,00 ₦ +371 044,96 ₦
Wise 136.4920 501,54 kr 10 850 903,80 ₦ +193 948,76 ₦
MoneyGram 133.7602 40,00 kr 10 700 816,00 ₦ +43 860,96 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 132.8970 – 10 631 763,76 ₦
TapTap Send Cheapest 137.2600 0,00 kr 10 980 800,00 ₦ +349 036,24 ₦
Wise 136.1860 501,54 kr 10 826 577,27 ₦ +194 813,51 ₦
MoneyGram 133.3765 40,00 kr 10 670 120,00 ₦ +38 356,24 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.6845 – 10 694 759,20 ₦
TapTap Send Cheapest 138.3000 0,00 kr 11 064 000,00 ₦ +369 240,80 ₦
Wise 137.0220 501,54 kr 10 893 037,99 ₦ +198 278,79 ₦
MoneyGram 133.7312 40,00 kr 10 698 496,00 ₦ +3 736,80 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 133.2258 – 10 658 067,28 ₦
TapTap Send Cheapest 137.8400 0,00 kr 11 027 200,00 ₦ +369 132,72 ₦
Wise 136.3360 501,54 kr 10 838 502,04 ₦ +180 434,76 ₦
MoneyGram 134.2183 40,00 kr 10 737 464,00 ₦ +79 396,72 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.2763 – 10 742 104,88 ₦
TapTap Send Cheapest 138.7100 0,00 kr 11 096 800,00 ₦ +354 695,12 ₦
Wise 137.1300 501,54 kr 10 901 623,82 ₦ +159 518,94 ₦
MoneyGram 133.9654 40,00 kr 10 717 232,00 ₦ −24 872,88 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.2974 – 10 743 794,48 ₦
TapTap Send Cheapest 138.9900 0,00 kr 11 119 200,00 ₦ +375 405,52 ₦
Wise 137.0630 501,54 kr 10 896 297,42 ₦ +152 502,94 ₦
MoneyGram 134.5653 40,00 kr 10 765 224,00 ₦ +21 429,52 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.2974 – 10 743 794,48 ₦
TapTap Send Cheapest 139.2700 0,00 kr 11 141 600,00 ₦ +397 805,52 ₦
Wise 137.0630 501,54 kr 10 896 297,42 ₦ +152 502,94 ₦
MoneyGram 134.5653 40,00 kr 10 765 224,00 ₦ +21 429,52 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.4451 – 10 755 607,04 ₦
Wise Cheapest 137.0380 501,54 kr 10 894 309,96 ₦ +138 702,92 ₦
TapTap Send No quote collected this day – – – –
MoneyGram No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.1429 – 10 731 435,28 ₦
TapTap Send Cheapest 138.7400 0,00 kr 11 099 200,00 ₦ +367 764,72 ₦
Wise 137.0630 501,54 kr 10 896 297,42 ₦ +164 862,14 ₦
MoneyGram 134.7028 30,00 kr 10 776 224,00 ₦ +44 788,72 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.3006 – 10 744 049,36 ₦
TapTap Send Cheapest 138.9900 0,00 kr 11 119 200,00 ₦ +375 150,64 ₦
Wise 137.2250 501,54 kr 10 909 176,17 ₦ +165 126,81 ₦
MoneyGram 134.8533 40,00 kr 10 788 264,00 ₦ +44 214,64 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.8686 – 10 789 491,52 ₦
Regency FX Cheapest 134.5045 0,00 kr 10 760 359,89 ₦ −29 131,63 ₦
Wise No quote collected this day – – – –
TapTap Send No quote collected this day – – – –
MoneyGram No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.1690 – 10 733 517,28 ₦
TapTap Send Cheapest 138.9100 0,00 kr 11 112 800,00 ₦ +379 282,72 ₦
Wise 137.1920 501,54 kr 10 906 552,72 ₦ +173 035,44 ₦
MoneyGram 134.7480 40,00 kr 10 779 840,00 ₦ +46 322,72 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
TapTap Send Cheapest 138.8100 0,00 kr 11 104 800,00 ₦ –
Wise 137.2240 501,54 kr 10 909 096,68 ₦ –
MoneyGram 134.8990 30,00 kr 10 791 920,00 ₦ –
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.1207 – 10 729 655,12 ₦
Wise Cheapest 137.2240 501,54 kr 10 909 096,68 ₦ +179 441,56 ₦
TapTap Send No quote collected this day – – – –
MoneyGram No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 135.2672 – 10 821 376,16 ₦
Wise Cheapest 138.3980 501,54 kr 11 002 427,87 ₦ +181 051,71 ₦
TapTap Send No quote collected this day – – – –
MoneyGram No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.4102 – 10 752 812,24 ₦
TapTap Send Cheapest 139.2900 0,00 kr 11 143 200,00 ₦ +390 387,76 ₦
Wise 138.9080 501,54 kr 11 042 972,08 ₦ +290 159,84 ₦
MoneyGram 136.2453 30,00 kr 10 899 624,00 ₦ +146 811,76 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 134.6235 – 10 769 881,28 ₦
TapTap Send Cheapest 139.5100 0,00 kr 11 160 800,00 ₦ +390 918,72 ₦
Wise 138.5000 501,54 kr 11 010 536,71 ₦ +240 655,43 ₦
MoneyGram 136.7520 40,00 kr 10 940 160,00 ₦ +170 278,72 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 135.8429 – 10 867 431,52 ₦
TapTap Send Cheapest 140.5400 0,00 kr 11 243 200,00 ₦ +375 768,48 ₦
Wise 139.2450 501,54 kr 11 069 763,06 ₦ +202 331,54 ₦
MoneyGram 136.4738 40,00 kr 10 917 904,00 ₦ +50 472,48 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 136.9830 – 10 958 640,96 ₦
TapTap Send Cheapest 141.8500 0,00 kr 11 348 000,00 ₦ +389 359,04 ₦
Wise 139.4140 501,54 kr 11 083 198,30 ₦ +124 557,34 ₦
MoneyGram 136.7916 40,00 kr 10 943 328,00 ₦ −15 312,96 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 137.0285 – 10 962 283,20 ₦
TapTap Send Cheapest 141.8200 0,00 kr 11 345 600,00 ₦ +383 316,80 ₦
Wise 139.3450 501,54 kr 11 077 712,91 ₦ +115 429,71 ₦
MoneyGram 137.0371 40,00 kr 10 962 968,00 ₦ +684,80 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 137.0285 – 10 962 283,20 ₦
TapTap Send Cheapest 141.8200 0,00 kr 11 345 600,00 ₦ +383 316,80 ₦
Wise 139.3450 501,54 kr 11 077 712,91 ₦ +115 429,71 ₦
MoneyGram 137.0371 40,00 kr 10 962 968,00 ₦ +684,80 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 137.2084 – 10 976 674,00 ₦
TapTap Send Cheapest 141.8200 0,00 kr 11 345 600,00 ₦ +368 926,00 ₦
Wise 139.3940 501,54 kr 11 081 608,33 ₦ +104 934,33 ₦
MoneyGram 137.0371 40,00 kr 10 962 968,00 ₦ −13 706,00 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 136.9973 – 10 959 787,84 ₦
TapTap Send Cheapest 141.9100 0,00 kr 11 352 800,00 ₦ +393 012,16 ₦
Wise 140.5930 501,54 kr 11 176 926,99 ₦ +217 139,15 ₦
MoneyGram 137.9518 30,00 kr 11 036 144,00 ₦ +76 356,16 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 137.6698 – 11 013 582,24 ₦
TapTap Send Cheapest 142.5600 0,00 kr 11 404 800,00 ₦ +391 217,76 ₦
Wise 141.0080 501,54 kr 11 209 918,85 ₦ +196 336,61 ₦
MoneyGram 138.1099 30,00 kr 11 048 792,00 ₦ +35 209,76 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 138.8266 – 11 106 128,16 ₦
TapTap Send Cheapest 143.7200 0,00 kr 11 497 600,00 ₦ +391 471,84 ₦
Wise 141.9520 501,54 kr 11 284 965,39 ₦ +178 837,23 ₦
MoneyGram 138.6901 30,00 kr 11 095 208,00 ₦ −10 920,16 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 136.3405 – 10 907 243,28 ₦
TapTap Send Cheapest 141.4300 0,00 kr 11 314 400,00 ₦ +407 156,72 ₦
MoneyGram 138.5533 30,00 kr 11 084 264,00 ₦ +177 020,72 ₦
Wise 139.1990 501,54 kr 11 066 106,13 ₦ +158 862,85 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 136.1574 – 10 892 595,68 ₦
Wise Cheapest 138.6850 501,54 kr 11 025 243,93 ₦ +132 648,25 ₦
TapTap Send 137.5200 0,00 kr 11 001 600,00 ₦ +109 004,32 ₦
MoneyGram 136.6390 40,00 kr 10 931 120,00 ₦ +38 524,32 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 136.1574 – 10 892 595,68 ₦
Wise Cheapest 138.6850 501,54 kr 11 025 243,93 ₦ +132 648,25 ₦
TapTap Send 137.5200 0,00 kr 11 001 600,00 ₦ +109 004,32 ₦
MoneyGram 136.6390 40,00 kr 10 931 120,00 ₦ +38 524,32 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 136.8365 – 10 946 921,68 ₦
Wise Cheapest 139.4580 501,54 kr 11 086 696,23 ₦ +139 774,55 ₦
TapTap Send 137.9500 0,00 kr 11 036 000,00 ₦ +89 078,32 ₦
MoneyGram 136.6390 40,00 kr 10 931 120,00 ₦ −15 801,68 ₦
Exchange rateFeeRecipient getsDifference
Mid-market rate 137.5688 – 11 005 502,64 ₦
Wise Cheapest 141.0570 501,54 kr 11 213 814,27 ₦ +208 311,63 ₦
TapTap Send 138.8700 0,00 kr 11 109 600,00 ₦ +104 097,36 ₦
MoneyGram 137.7318 30,00 kr 11 018 544,00 ₦ +13 041,36 ₦

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send 80 000 kr, after fees, as quoted by each company. The mid-market line shows what 80 000 kr 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 SEK than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 28 of the last 30 days.

Right now, Wise pays 11 213 814,27 NGN on 80 000 SEK, which is 208 311,63 NGN more than the mid-market amount, so it's a good deal (pretty much free money).

Today's payout isn't the best this month though, since the highest receive amount was 11 497 600 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.

If you need to send money now, it's a good time to send.

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 146 comparisons to check how often today's top companies were the cheapest across 5 amounts over the past month.

  1. WiseAppeared in 131 comparisons

    Cheapest in 12% of them

  2. TapTap SendAppeared in 125 comparisons

    Cheapest in 88% of them

  3. MoneyGramAppeared in 130 comparisons

    Cheapest in 6% of them

Based on 146 comparisons across 5 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 Wise is the cheapest and gets you the most NGN, but it was the cheapest in only 12% of the 131 comparisons it appeared in over the past month.

TapTap Send (today's second cheapest) was the cheapest in 88% of its comparisons, so if you send money to Nigeria regularly, it's worth comparing it with Wise before each transfer.

If it's a one-off transfer, go with Wise, since it's the cheapest right now.

Ways to send money from Sweden to Nigeria

5 companies send money from Sweden to Nigeria, mostly through app, online, multi-currency account, global business account, in person, and currency broker, and a few more ways.

Medium-sized transfers

Online transfers

For a one-off transfer to Nigeria, an online service like Wise is usually the simplest place to start.

Wise charges kr501,54 to send 80 000 SEK, leaving your recipient with 11 213 814,27 NGN after a -2,5% markup on SEK/NGN exchange rate.

In our comparisons over the past month, it was the cheapest online service on 26 of the 29 days it quoted.

Regular SEK transfers

Money transfer apps

For smaller regular transfers, apps are the most convenient and easiest way to send money to Nigeria.

Wise charges kr501,54 on a 80 000 SEK transfer and money will arrive in same day.

Over the past month, Wise was the cheapest app on 24% of the days it appeared for kr80 000 transfers.

Your recipient can withdraw via bank deposit, mobile money, and cash pickup.

In many cases you will need a BankID to verify your account, but a few will do with a passport or driver's licence.

Spending and travelling

Multi-currency accounts

A multi-currency account makes sense if you regularly need NGN.

You can convert your kronor in advance and use the balance when needed without extra fees.

Wise converts SEK 80 000 with a -2,5% exchange-rate markup and holds the NGN in your account.

Over the past month, it came out cheapest among multi-currency accounts on 100% of days.

Paying from business accounts

Global accounts

If your business receives and sends money in Nigeria, a global account keeps the NGN in one place.

You can pay invoices from the balance and convert when needed.

WorldFirst and Airwallex are good options to try.

Ways to fund SEK and receive NGN in Nigeria

With Wise, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending 80 000 SEK gives your recipient 11 213 814,27 NGN.

From Sweden, you can fund the transfer by bank transfer, debit card, and credit card, and in Nigeria, the recipient can use bank deposit, mobile money, and cash pickup.

Paying from your Swedish bank account

Send SEK using the account and reference shown by the money transfer company.

You may need to use BankID to approve and verify the payment.

They can receive money to their mobile money wallet.

Enter the mobile number in Nigeria and choose the correct network.

The registered name should match the transfer details.

Use our payout filters above to find the best company offering mobile money as payout.

For cash pickup, they can collect NGN from a nearby MoneyGram agent in Nigeria.

Swish is useful for payments within Sweden, but it does not send NGN to Nigeria.

  1. 1
    Bank transfer Bank deposit

    You pay kr80,000.00

    ₦11,213,814

    Cheapest

  2. 2
    Debit card Bank deposit

    You pay kr80,000.00

    ₦11,109,600

    -₦104,214

  3. 3
    Debit card Mobile money

    You pay kr80,000.00

    ₦11,109,600

    -₦104,214

  4. 4
    Credit card Bank deposit

    You pay kr80,000.00

    ₦11,069,694

    -₦144,121

  5. 5
    Bank transfer Cash pickup

    You pay kr80,040.00

    ₦11,018,544

    -₦195,270

Show moreShow less
  1. 6
    Debit card Cash pickup

    You pay kr80,040.00

    ₦11,018,544

    -₦195,270

  2. 7
    Credit card Cash pickup

    You pay kr80,040.00

    ₦11,018,544

    -₦195,270

  3. 8
    Bank transfer Mobile money

    You pay kr80,000.00

    ₦10,944,448

    -₦269,366

  4. 9
    Credit card Mobile money

    You pay kr80,000.00

    ₦10,944,448

    -₦269,366

Consider this before sending SEK to Nigeria

Swedish banks are safe but often expensive for foreign payments. Compare money transfer companies available to get the most NGN from Sweden.

Compare SEK to NGN transfer options

Cheapest way to send money to Nigeria

The cheapest option for an SEK 80 000 transfer is Wise. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 11 213 814,27 NGN, which is 0,93% more than the next best option.

Fastest way to send money to Nigeria

With Revolut, a bank transfer deposit and bank deposit payout delivers 10 806 895,98 NGN in within minutes.

Swish only works in Sweden

Swish moves money between participating Swedish accounts, it cannot send SEK to Nigeria.

You may still use a Swedish bank transfer to pay for the transfer online, but beyond that, the company will move SEK to Nigeria over local rails or SWIFT.

Avoid delays

A bank can ask for the purpose and source of a large or unusual payment.

Property sales, inheritances and transfers between your own accounts are easier to clear when the documents match the description you gave the bank.

Tell your bank before a time-sensitive payment and keep the sale contract, estate document or account statement ready.

And do not split one large payment into many small ones, since it can trigger more questions.

Sweden does not charge gift tax

Sweden has no gift or inheritance tax, so sending a cash gift does not create a Swedish gift-tax return.

Nigeria may have their own rules on receiving monetary gifts.

How we analyse the market

We track 5 companies sending SEK to Nigeria, all registered with Finansinspektionen or passported in, with rates refreshed in real time on live searches.

The krona floats, so we compare on what actually arrives, alongside fees and the ways to pay and collect.

In the past 30 days alone, we analysed 146 comparisons across 5 amounts.

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