How to send money to Liberia from Nigeria with the best NGN-LRD rate
Compare the best deals on sending money from Nigeria to Liberia. Get insights on the cheapest, fastest, and most reliable providers with the best NGN to LRD exchange rates.
Read on for the insights, analysis, and all you need to know about money transfers to Liberia from Nigeria.
Transferring the other way? Send LRD from Liberia 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."
The best way to send NGN to Liberia is to use cash transfer via MoneyGram
We’ve analysed 100s of money transfer companies, and found that the overall coverage of NGN/LRD transfers is very limited for online transfers.
This is why we suggest sending cash as an alternative, using MoneyGram.
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 MoneyGram to see what deposit methods you have available.
In many cases you can deposit NGN online and the recipient in Liberia will need to visit a branch to pick up LRD.
How to get the best deal on your Nigeria to Liberia 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 Liberia.
Choose a provider
Select the provider that offers you the best value and timeframes for transfers between Nigeria and Liberia.
Click, sign up & send
Follow the steps & make your transfer to Liberia. Your funds will be sent from Nigeria and converted into Liberian Dollar.
Summary of recent searches
Understanding Nigeria to Liberia money transfers
Comparing providers when sending money from Nigeria to Liberia is the easiest way to make a transfer at the best price.
We’ve compared 2 providers for sending Naira to Liberia. This ensures you will get the best options for your transfer to Liberia from Nigeria.
We rate Western Union Agent as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Liberia.
The cheapest way to send money from Nigeria to Liberia is a cash transfer via MoneyGram.
The cheapest way to send money to Liberia 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/LRD 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.
Fastest money transfers from Nigeria to Liberia: cash transfer via Western Union Agent
The quickest way to send money from Nigeria to Liberia is through a cash transfer with a Western Union Agent.
In most cases, cash transfers are processed instantly, allowing your recipient to collect LRD within minutes.
In some cases, transfer times can vary depending on the amount sent and the branch you use, with larger transfers occasionally taking up to 24 hours to process.
Given the limited number of providers supporting NGN to LRD transfers, Western Union remains the fastest and most reliable option for cash pickups in Liberia.
Send large sums of money
Western Union Agent offers the strongest all round option for large transfers of the 2 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Liberian Dollar to Liberian Dollar.
As such, opt for Western Union Agent for sending large sums of money to Liberia from Nigeria.
Understanding the costs involved when transferring money to Liberia from Nigeria
When calculating the cost of sending money from Nigeria to Liberia, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current NGN-LRD mid-market rate is 0.122 LRD per Naira. Finding a provider as close to this number as possible will ensure more Liberian Dollar for your money.
As a comparison, the NGN-LRD mid-market rate for the past week has averaged 0.123 LRD per Naira, hitting a high of 0.1252 and a low of 0.1223.
Western Union Agent is currently offering the best exchange rate on transfers between Nigeria and Liberia.
Often the NGN-LRD exchange rate you receive will be the biggest factor impacting the cost of sending Naira to Liberia.
Fees: Transfer fees are charged on top of a transfer. Western Union Agent currently offers lowest fees of 3 NGN. Although we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Liberian Dollar is the biggest indicator in the total cost of sending money to Nigeria from Liberia. The higher the total amount received in Liberia, the lower the cost of sending from Nigeria.
Track the exchange rate for Naira to Liberian Dollar
Sending money at the right time between NGN and LRD can make a huge difference to overall cost. The exchange rate impacts how much LRD you get for your NGN.
Over the last 7 days, the average numbers are:
The exchange rate from NGN to LRD averaged 0.123 LRD.
The highest value recorded was 0.1252 LRD, while the lowest was 0.1223 LRD.
2 providers currently offer transfers between Nigeria and Liberia close to this rate
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Payment methods available to fund your Nigeria to Liberia transfer
Bank transfers
Bank transfers are often the default option for sending money from Nigeria to Liberia.
By using a money transfer company such as Western Union Agent for transfers from Nigeria to Liberia, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Western Union Agent is the cheapest provider for bank transfers from the 2 we tested when sending NGN to Liberia.
With a fee of NGN3 to send money from Nigeria to Liberia, Western Union Agent offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Nigeria to Liberia with a debit or a prepaid card is very simple with Western Union Agent.
Western Union Agent is a leader in debit card payments for transfers from Nigeria to Liberia, competing among a total of 2 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Nigeria to Liberia, we to get the best deal.
Not many companies offer direct credit card deposits, and usually, it means taking a cash advance and using that for the deposit, which ends up more expensive.
Fee alert: using a credit card to transfer money 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 Liberia 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 Liberia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to LRD.
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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