Overall top choice: Moneycorp
Of the 1 money transfer providers we tested and reviewed, Moneycorp was a standout option for its combination of speed and cost.
Over the last six months, Moneycorp appeared in 60% of searches for transfers between Nigeria and Algeria.
When sending money from Nigeria to Algeria, using Moneycorp in a great option.
How to get the best deal on your Nigeria to Algeria money transfer
Considerations for sending money from Nigeria to Algeria
Always compare ways to send money from Nigeria to Algeria to get the best options for fees, speed, and reliability.
Our analysis included 1 providers that operate between Nigeria and Algeria.
Through this, you get a comprehensive view of all the options you have in Nigeria when you need to send money to Algeria.
Cheapest way to send money from Nigeria to Algeria: Moneycorp
On average, Moneycorp fees were 0* NGN per transfer and customers would expect an exchange rate between NGN-DZD that is 1.92% different to the mid-market rate
Against the others tested, Moneycorp is 0% cheaper than the second-best option.
To secure a cheap way to transfer NGN to Algeria, Moneycorp is our recommendation.
*The most common fee applied to NGN-DZD by Moneycorp, based on data from the past six months.
Fastest way to send money from Nigeria to Algeria: Moneycorp.
Data from the last six months shows Moneycorp to be the quickest way to send money from Nigeria to Algerian Dinar in 60% of searches. For fast transfers between NGN and DZD, Moneycorp comes highly recommended.
Using Moneycorp for fast transfers from Nigeria to Algeria has an average fee of 0 NGN.
Within our comparison we looked at the 1 money transfer providers offering transfers from Nigeria to Algeria. Within this we looked at overall speed of sending money from Nigeria to Algeria after depositing Naira to a money transfer account.
When faster money transfers are a priority, Moneycorp is our recommended choice for sending into Algeria from Nigeria.
Need to make a large transfer?
Moneycorp is the best option for large transfers of the 1 providers compared.
While Moneycorp may not always be the cheapest or fastest way to send NGN from Nigeria to Algeria, it's a great provider for larger transfers for things like buying or selling property.
Understanding the costs involved when transferring money to Algeria from Nigeria
When calculating the cost of sending money from Nigeria to Algeria, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current NGN-DZD mid-market rate is 0.0802 DZD per Naira. Finding a provider as close to this number as possible will ensure more Algerian Dinar for your money.
As a comparison, the NGN-DZD mid-market rate for the past three months has averaged 0.0849 DZD per Naira, hitting a high of 0.0963 and a low of 0.0806.
Moneycorp is currently offering the best exchange rate on transfers between Nigeria and Algeria.
Often the NGN-DZD exchange rate you receive will be the biggest factor impacting the cost of sending Naira to Algeria.
Fees: Transfer fees are charged on top of a transfer. Moneycorp currently offers lowest fees, at an average of 0 NGN over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Algerian Dinar is the biggest indicator in the total cost of sending money to Nigeria from Algeria. The higher the total amount received in Algeria, the lower the cost of sending from Nigeria.
How to find the best exchange rate for Naira to Algerian Dinar
Timing is essential for sending money between NGN and DZD. The exchange rate you secure impacts how much DZD you get for your NGN.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from NGN to DZD has seen some fluctuation. On average, it stood at 0.0849.
During this period, the highest value recorded was 0.0963, while the lowest was 0.0806.
Moneycorp, which is our recommended service to send money online from Nigeria to Algeria offers an exchange rate that is only 1.92% above the mid-market rate.
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Paying for your Nigeria to Algeria money transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Algeria and Nigeria.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Nigeria to Algeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to DZD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.