How to send money to Brazil from Nigeria with the best NGN-BRL rate
Compare the best deals on sending money from Nigeria to Brazil. Get insights on the cheapest, fastest, and most reliable providers with the best NGN to BRL exchange rates.
Read on for the insights, analysis, and all you need to know about money transfers to Brazil from Nigeria.
Transferring the other way? Send BRL from Brazil to Nigeria instead.
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
The best way to send NGN to Brazil is to use cash transfer via Western Union
We’ve analysed 100s of money transfer companies, and found that the overall coverage of NGN/BRL transfers is very limited for online transfers.
This is why we suggest sending cash as an alternative, using Western Union.
The transfer fees depend on which branch you use and how much you send, but overall you can expect to pay around 3 NGN for a 360,000 NGN transfer.
Depending on where you are, we suggest checking Western Union to see what deposit methods you have available.
In many cases you can deposit NGN online and the recipient in Brazil will need to visit a branch to pick up BRL.
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 3 providers.
This coverage of the market ensure you will get the best options for your transfer to Brazil from Nigeria.
Overall, we rated Western Union Agent 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.
The cheapest way to send money from Nigeria to Brazil is a cash transfer via MoneyGram.
The cheapest way to send money to Brazil from Nigeria is via a cash transfer through a MoneyGram Agent.
While cash transfers are usually more expensive than online options, our analysis of hundreds of money transfer companies shows that very few services currently support NGN/BRL transfers online.
The total cost of your transfer includes both the transfer fee (around 3 NGN per 360,000 NGN) and an exchange rate markup.
Ultimately, the exact price will depend on your location, payment method, and transfer amount.
The cheapest way to to send money to Brazil from Nigeria is via PayPal P2P Transfer
The coverage of NGN/BRL transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a NGN transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).
Transfer a large sum of money
From 3 money transfer companies compared, Western Union Agent 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.
Western Union Agent 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 Nigeria
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 0.0038 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 7 days the NGN-BRL mid-market rate has had a high of 0.0038, a low of 0.0038 and averaged 0.0038 BRL per Naira.
Across the 3 companies compared, the best exchange rate is with Western Union Agent.
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. Western Union Agent charges 3 NGN per transfer, which is currently the best deal on transfers to Brazil. 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 7 days, the average numbers are:
The exchange rate from NGN to BRL averaged 0.0038 BRL.
The highest value recorded was 0.0038 BRL, while the lowest was 0.0038 BRL.
3 providers currently offer transfers between Nigeria and Brazil close to this rate
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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 Western Union Agent 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, Western Union Agent is the best provider for bank transfers of the 3 we tested when sending NGN to Brazil.
With a fee of NGN3 to send money from Nigeria to Brazil, Western Union Agent 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 Western Union Agent.
Western Union Agent is a leader in card payments for transfers from Nigeria to Brazil, competing among a total of 3 active money transfer companies on this route.
Credit cards
We recommend avoiding credit card deposits as it usually means taking a cash advance and using it for the deposit. Instead, use a bank transfer or a debit card deposit to save on fees.
If you have to, we to find the best deal for your transfer.
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 and review methodology.
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Tools & resources
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