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Best recommended: Moneycorp
Of the 5 money transfer providers tested and reviewed, Moneycorp scored highly for its competitive rates and fees.
Moneycorp appeared in 57.1% of Nigeria to Brazil searches, and was the top rated company supporting NGN to BRL transfers.
Make your Nigeria to Brazil transfer using Moneycorp for the best mix of cost and speed.
How to get the best deal on your Nigeria to Brazil money transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to get the best exchange rates on sending money from Nigeria to Brazil.
- Choose a provider
Select the provider that offers you the best value and timeframes for transfers between Nigeria and Brazil.
- Click, sign up & send
Follow the steps & make your transfer to Brazil. Your funds will be sent from Nigeria and converted into Brazilian Real.
Summary of recent searches
Transfer consider from Nigeria to Brazil
A comparison of providers offering services between Nigeria and Brazil is paramount. Based on your specific transfer amount, the best way to send money to Brazil could change. Comparing ensures the best price for your needs.
For services allowing you to send Naira to Brazil we've compared 5 providers.
This coverage of the market ensure you will get the best options for your transfer to Brazil from Nigeria.
Overall, we rated Moneycorp as the best, but remember comparing for your specific transfer gives you a comprehensive view of all the options for transferring money from Nigeria to Brazil.
Cheapest way to transfer money from Nigeria to Brazil: Moneycorp
Data collected over the past six months shows that Moneycorp is 0% cheaper than the second-best option.
This includes an average transfer fee of 0* NGN an exchange rate for buying Brazilian Real with Nairas that is 1.93% different to the mid-market rate.
If you want to secure the best rates on transfers from Nigeria to Brazil, Moneycorp will result in the most Brazilian Real received.
*The most common fee applied to NGN-BRL by Moneycorp, based on data from the past six months.
Fastest money transfers to Brazil from Nigeria: Moneycorp.
Through our research, we found Moneycorp to be the quickest way to send NGN into Brazilian Real in 66.7% of instances. For fast transfers between NGN and BRL, Moneycorp is generally a good option.
Money transfers from Nigeria to Brazil through Moneycorp have an average fee of 0 NGN.
To confirm that Moneycorp was the 'fastest' option we compared 5 money transfer providers for overall speed of sending money from Nigeria to Brazil. This was made up of depositing Naira to a money transfer account and transfer times to Brazil.
When sending quickly is a priority, Moneycorp is our recommended choice for sending into Brazil from Nigeria.
Transfer a large sum of money
From 5 money transfer companies compared, Moneycorp is the best option for large transfers from Nigeria to Brazil.
Whether it’s for property purchases, business or any other reason, sending large amounts of money from Nigeria to Brazil can become expensive if you use a bank, or the wrong provider.
Moneycorp is the top choice for sending large sums of money to Brazil from Nigeria because they offer a strong service and competitive exchange rates.
Understanding the cost of transferring money to Brazil from {countryFromName}}
Fees and exchange rates make up the total cost of sending money from Brazil to Brazil. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current NGN-BRL mid-market rate is 0.0034 BRL per Naira. You will get more Brazilian Real for your Nairas if you find a provider close to this number.
For context, over the last three months the NGN-BRL mid-market rate has had a high of 0.0039, a low of 0.0033 and averaged 0.0035 BRL 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 BRL will be the biggest determining factor when working out the cost of transferring Nairas to Brazil.
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 Brazilian Real eventually received in Brazil. You can assume that a lower cost of sending from Nigeria will result in more money received in Brazil.
Track the exchange rate for Naira to Brazilian Real
Sending money at the right time between NGN and BRL can make a huge difference to overall cost. The exchange rate impacts how much BRL you get for your NGN.
Over the last six months, the average numbers are:
The exchange rate from NGN to BRL averaged 0.0035 BRL.
The highest value recorded was 0.0039 BRL, while the lowest was 0.0033 BRL.
5 providers currently offer transfers between Nigeria and Brazil close to this rate
Want to secure the best NGN-Brazilian Real 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 Brazil!
Payment methods available to fund your Nigeria to Brazil transfer
Bank transfers
Bank transfers are often the better option for money transfers from Nigeria to Brazil.
Sending money via a bank transfer with a company such as Moneycorp for transfers from Nigeria to Brazil allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Moneycorp is the best provider for bank transfers of the 5 we tested when sending NGN to Brazil.
With an average fee of NGN0 to send money from Nigeria to Brazil, Moneycorp offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Nigeria to Brazil with a prepaid or a debit card is very simple with .
is a leader in card payments for transfers from Nigeria to Brazil, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from Nigeria to Brazil, emerges as our top choice of the 5 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Brazil 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 Brazil.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to BRL.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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