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Our recommendation: Moneycorp
We tested & reviewed 5 money transfer providers offering money transfers from Nigeria to Australia, and Moneycorp scored highly.
In total, Moneycorp appeared in 62.5% of Nigeria to Australia searches, and was the top rated company supporting transfers between NGN and AUD.
For a great mix of cost, speed & features, we recommend making your Nigeria to Australia transfer using Moneycorp.
How to compare companies offering money transfers from Nigeria to Australia
- Always compare rates
Use our live comparison tool to make sure you aren't missing the best rates to send money from Nigeria to Australia. This ensures the best price.
- Choose a provider
Select the company that offers you the best value & options for sending to Australia.
- Click, sign up & send
Sign up & make your transfer. Your funds will soon be on their way from Nigeria to your chosen country & currency.
Summary of recent searches
Understanding Nigeria to Australia money transfers
Comparing providers when sending money from Nigeria to Australia is the easiest way to make a transfer at the best price.
We’ve compared 5 providers for sending Naira to Australia. This ensures you will get the best options for your transfer to Australia from Nigeria.
We rate Moneycorp as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Australia.
Cheapest way to send money from Nigeria to Australia: Moneycorp
Our data shows, over the past six months, that Moneycorp is 0% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* NGN and a NGN-AUD exchange rate for international transfers that is 1.93% different to the mid-market rate.
Securing the best rates on a NGN to Australia transfer can be done with Moneycorp but you can always search for your specific amount.
*The most common fee applied by Moneycorp when sending NGN-AUD, based on data from the past six months.
Fastest way to transfer money to Australia from Nigeria: Moneycorp.
Through our data, we found Moneycorp to be the fastest option for sending money from Nigeria into Australian Dollar in 51.7% of occasions. For fast NGN to AUD money transfers, Moneycorp comes highly recommended.
Nigeria to Australia transfers with Moneycorp have an average fee of 0 NGN.
To test that Moneycorp was the 'fastest' option we compared 5 providers. With this, we compared overall speed of sending money from Nigeria to Australia made up of depositing Nairas, to a money transfer account and transfer times to Australia.
When sending at speed is a priority, Moneycorp is our recommended choice for sending into Australia from Nigeria.
Transferring large sums of money
Of the 5 money transfer companies tested, Moneycorp is the strongest option for large transfers from Nigeria to Australia.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Nigeria to Australia can become expensive through your bank or with the wrong provider.
Moneycorp is our choice for sending large sums of money to NGN because they offer a strong all-round product.
Understanding the cost of transferring money to Australia from Nigeria
Fees and exchange rates make up the total cost of sending money from Australia to Australia. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current NGN-AUD mid-market rate is 0.001 AUD per Naira. You will get more Australian Dollar for your Nairas if you find a provider close to this number.
For context, over the last three months the NGN-AUD mid-market rate has had a high of 0.001, a low of 0.0009 and averaged 0.0009 AUD per Naira.
Across the 5 companies compared, the best exchange rate is with Moneycorp.
Unless fees are unusually high, the exchange rate you receive on converting NGN to AUD will be the biggest determining factor when working out the cost of transferring Nairas to Australia.
Fees: Transfer fees are charged as part of the transfer. Moneycorp at an average of 0 NGN per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Australian Dollar eventually received in Australia. You can assume that a lower cost of sending from Nigeria will result in more money received in Australia.
Track the exchange rate for Naira to Australian Dollar
Sending money at the right time between NGN and AUD can make a huge difference to overall cost. The exchange rate impacts how much AUD you get for your NGN.
Over the last six months, the average numbers are:
The exchange rate from NGN to AUD averaged 0.0009 AUD.
The highest value recorded was 0.001 AUD, while the lowest was 0.0009 AUD.
5 providers currently offer transfers between Nigeria and Australia close to this rate
Want to secure the best NGN-Australian Dollar exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Nigeria to Australia!
Paying for your Nigeria to Australia transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Nigeria to Australia.
By using a money transfer company such as Moneycorp for transfers from Nigeria to Australia, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Moneycorp is the cheapest provider for bank transfers from the 5 we tested when sending NGN to Australia.
With an average fee of 0 NGN to send money from Nigeria to Australia, Moneycorp offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Nigeria to Australia with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from Nigeria to Australia.
Credit cards
For credit card transfers from Nigeria to Australia, is our top choice of the 5 companies offering this payment method.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Australia 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 Australia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to AUD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
