How to send money to Canada from Nigeria with the best NGN-CAD rate
Compare the best ways to send money from Nigeria to Canada. Explore the fastest, cheapest, and most reliable providers with the best NGN to CAD exchange rates.
Read on for the best deals, expert information, and all you need to send money to Canada from Nigeria.
Transferring the other way? Send CAD from Canada to Nigeria instead.
"Africhange helps its customers send money to and from Africa, with licenses in Canada and the UK."
"Africhange helps its customers send money to and from Africa, with licenses in Canada and the UK."
"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."
Click here to see other options
Best choice: Africhange
We tested & reviewed dozens of money transfer providers. We found Africhange to be the overall best option.
Transferring 360,000 NGN to CAD will cost you ₦0 in fees, and you will receive 341.23 CAD. The delivery time can take minutes, but it depends on the day you make the transfer.
So for a great blend of cost, speed & features, make your Nigeria to Canada transfer using Africhange.
How to get the best deal on your Nigeria to Canada 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 Canada.
Choose a provider
Select the provider that offers you the best value and timeframes for transfers between Nigeria and Canada.
Click, sign up & send
Follow the steps & make your transfer to Canada. Your funds will be sent from Nigeria and converted into Canadian Dollar.
Summary of recent searches
Sending money from Nigeria to Canada considerations
A comparison of providers offering services between Nigeria and Canada is the easiest way to ensure the best deal.
We've compared 5 providers that offer services for sending Naira to Canada.
This ensures you will get the best options for your transfer to Canada from Nigeria.
Whilst we rate Africhange as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Canada.
Cheapest way to send money to Canada from Nigeria: Lemfi
Data collected through our comparison over the past week shows that Lemfi is 0.8% cheaper than the second-best option.
The cost is made up of a fee of 2.99 NGN and an exchange rate for buying Canadian Dollar with Naira that is 1.19% different to the mid-market rate.
If you want to secure the best rates on a Nigeria to Canada transfer, Lemfi offers value. We would still recommend searching for the amount you want to send to Canada.
Fastest way to transfer money to Canada from Nigeria: Africhange.
Of 5 companies compared, Africhange offers the quickest way to send Nairas to Canada.
For example, sending ₦360,000 to Canada with Africhange will be minutes.
But, it can be quicker or longer depending on the exact amount, as well as the day and time of your transfer.
Nigeria to Canada transfers with Africhange have a fee of 0 NGN.
To test that Africhange was the 'fastest' option we compared 5 providers. With this, we compared overall speed of sending money from Nigeria to Canada made up of depositing Nairas, to a money transfer account and transfer times to Canada.
When sending at speed is a priority, Africhange is our recommended choice for sending into Canada from Nigeria.
Sending a large amount of money?
Of the 5 providers compared, Africhange is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Africhange may not always be the fastest or cheapest way to send money from Nigeria to Canada, it's a great provider for things like buying or selling property.
Understanding the costs involved when moving money from Nigeria to Canada
The total cost of money transfers to Canada from Nigeria, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for NGN-CAD is 0.001 CAD per Naira.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Canadian Dollar for your Nairas.
On average for the last week, the NGN-CAD mid-market rate has been 0.001 CAD per Naira. This hit a high of 0.001, and a low of 0.001.
From the 5 companies compared, Lemfi offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting NGN to CAD.
Fees: Some money transfers between Nigeria and Canada will be subject to fees. Lemfi has a fee of 2.99 NGN based on a 360,000 NGN transfer.
Although you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Canadian Dollar eventually received in Canada.
This number should guide you, as a higher amount of money received in Canada means a better overall cost of sending money from Nigeria.
How to find the best exchange rate for Naira to Canadian Dollar
Timing is essential for sending money between NGN and CAD. The exchange rate you secure impacts how much CAD you get for your NGN.
Let's dive into some interesting recent trends.
Over the past week, the exchange rate from NGN to CAD has seen some fluctuation. On average, it stood at 0.001.
During this period, the highest value recorded was 0.001, while the lowest was 0.001.
Africhange, which is our recommended service to send money online from Nigeria to Canada offers an exchange rate that is only 11.72% above the mid-market rate.
Want to secure the best NGN-Canadian Dollar exchange rates?
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Payment options for transfers from Nigeria to Canada
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Nigeria to Canada.
Using a money transfer company such as Lemfi for payments from Nigeria to Canada, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
Lemfi is the best money transfer provider for bank transfers of the 5 we compared when sending NGN to Canada.
With a fee of 2.99 NGN to transfer money from Nigeria to Canada, Lemfi offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Nigeria to Canada is easy with MoneyGram Agent.
MoneyGram Agent is a leader in debit card money transfers from Nigeria to Canada. They are the best option of the 5 transfer companies compared.
Credit cards
Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.
We recommend using a bank transfer or a debit card transfer if you can; otherwise, .
Fee alert: using a credit card to transfer money internationally often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Canada 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 Canada.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to CAD.
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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