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Best recommended: Payoneer
Of the 3 money transfer providers tested and reviewed, Payoneer scored highly for its competitive rates and fees.
Payoneer appeared in 68.4% of Nigeria to Liberia searches, and was the top rated company supporting NGN to LRD transfers.
Make your Nigeria to Liberia transfer using Payoneer for the best mix of cost and speed.
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 3 providers for sending Naira to Liberia. This ensures you will get the best options for your transfer to Liberia from Nigeria.
We rate Payoneer as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Liberia.
Cheapest way to transfer money to Liberia from Nigeria: Sokin
Data collected over the past six months shows that Sokin is 0.7% cheaper than the second-best option.
Sokin offers this through a combination of an average 0* NGN fee per transfer and exchange rate between NGN-LRD that is 0.5% different to the mid-market rate
If you want the cheapest way to send Naira to Liberia, Sokin is our recommended choice.
*The most common fee applied to NGN-LRD by Sokin, based on data from the past six months.
Fastest way to transfer money to Liberia from Nigeria: Payoneer.
Through our data, we found Payoneer to be the fastest option for sending money from Nigeria into Liberian Dollar in 87.5% of occasions. For fast NGN to LRD money transfers, Payoneer comes highly recommended.
Nigeria to Liberia transfers with Payoneer have an average fee of 0 NGN.
To test that Payoneer was the 'fastest' option we compared 3 providers. With this, we compared overall speed of sending money from Nigeria to Liberia made up of depositing Nairas, to a money transfer account and transfer times to Liberia.
When sending at speed is a priority, Payoneer is our recommended choice for sending into Liberia from Nigeria.
Send large sums of money
Payoneer offers the strongest all round option for large transfers of the 3 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 Payoneer 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 0.1095 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 three months has averaged 0.1201 LRD per Naira, hitting a high of 0.1393 and a low of 0.1166.
Sokin 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. Sokin currently offers lowest fees, at an average of 0 NGN over the last 6 months. 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 six months, the average numbers are:
The exchange rate from NGN to LRD averaged 0.1201 LRD.
The highest value recorded was 0.1393 LRD, while the lowest was 0.1166 LRD.
3 providers currently offer transfers between Nigeria and Liberia close to this rate
Want to secure the best NGN-Liberian Dollar 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 Liberia!
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 Sokin 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, Sokin is the cheapest provider for bank transfers from the 3 we tested when sending NGN to Liberia.
With an average fee of NGN0 to send money from Nigeria to Liberia, Sokin 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 Wise.
Wise is a leader in debit card payments for transfers from Nigeria to Liberia, competing among a total of 3 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Nigeria to Liberia, emerges as our top choice of the 3 companies offering this service.
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 document.
Money transfer company reviews
