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Our recommendation: Western Union
We tested & reviewed 5 money transfer providers offering money transfers from Nigeria to India, and Western Union scored highly.
In total, Western Union appeared in 38.6% of Nigeria to India searches, and was the top rated company supporting transfers between NGN and INR.
For a great mix of cost, speed & features, we recommend making your Nigeria to India transfer using Western Union.
How to compare deals on Nigeria to India money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Nigeria to India.
- Choose a provider
Select the provider that gives you the best value & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer from Nigeria. Your funds will be converted to Indian Rupee and transferred to India.
Summary of recent searches
Understanding Nigeria to India money transfers
Comparing providers when sending money from Nigeria to India is the easiest way to make a transfer at the best price.
We’ve compared 5 providers for sending Naira to India. This ensures you will get the best options for your transfer to India from Nigeria.
We rate Western Union as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to India.
Cheapest way to send money from Nigeria to India: Airwallex
Our data shows, over the past six months, that Airwallex 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-INR exchange rate for international transfers that is 0.21% different to the mid-market rate.
Securing the best rates on a NGN to India transfer can be done with Airwallex but you can always search for your specific amount.
*The most common fee applied by Airwallex when sending NGN-INR, based on data from the past six months.
Fastest company to send money to India from Nigeria: Western Union.
Through our data, Western Union was the quickest way to send money from Nigeria to Indian Rupee 38.6% of the time.
Sending money through Western Union to India from Nigeria has an average fee of 0 NGN.
To understand who was the fastest, we tested Western Union as part of 5 money transfer providers. Within this, we looked at the overall speed of sending money from Nigeria to India. This was made up of transfer times to India after Nairas were added to a money transfer account.
When fast money transfers between Nigeria and India are a priority, Western Union is our recommended choice.
Transferring large sums of money
Of the 5 money transfer companies tested, Western Union is the strongest option for large transfers from Nigeria to India.
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 India can become expensive through your bank or with the wrong provider.
Western Union is our choice for sending large sums of money to NGN because they offer a strong all-round product.
Understanding the costs involved when moving money from Nigeria to India
The total cost of sending money to India from Nigeria is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for NGN-INR is 0.0505 INR per Naira.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Indian Rupee for your Nairas.
The NGN-INR mid-market rate over the last three months has seen the Naira worth an average 0.0527 INR. Within this there has been a high of 0.0624, and a low of 0.05.
From 5 companies compared, Airwallex offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting NGN to INR.
Fees: When sending money there may be additional fees. Western Union offers the lowest fee of the 5 providers tested, averaging 0 NGN per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Indian Rupee eventually received in India.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in India, means a better overall cost of sending money from Nigeria.
Track the exchange rate for Naira to Indian Rupee
Sending money at the right time between NGN and INR can make a huge difference to overall cost. The exchange rate impacts how much INR you get for your NGN.
Over the last six months, the average numbers are:
The exchange rate from NGN to INR averaged 0.0527 INR.
The highest value recorded was 0.0624 INR, while the lowest was 0.05 INR.
5 providers currently offer transfers between Nigeria and India close to this rate
Want to secure the best NGN-Indian Rupee 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 India!
Payment options for transfers from Nigeria to India
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Nigeria to India.
Using a money transfer company such as Airwallex for payments from Nigeria to India, 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.
Airwallex is the best money transfer provider for bank transfers of the 5 we compared when sending NGN to India.With an average fee of 0 NGN to transfer money from Nigeria to India, Airwallex offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Nigeria to India is easy with Wise.
Wise is a leader in debit card money transfers from Nigeria to India. They are the best option of the 5 transfer companies compared.
Credit cards
When it comes to credit card transfers from Nigeria to India, Instarem is the top choice of the 5 companies offering this service.
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 India 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 India.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to INR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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