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Nigeria to Mozambique money transfers compared

Compare the best deals on sending money from Nigeria to Mozambique. Get insights on the cheapest, fastest, and most reliable providers with the best NGN to MZN exchange rates.

Read on for the insights, analysis, and all you need to know about money transfers to Mozambique from Nigeria.

Transferring the other way? Send MZN from Mozambique to Nigeria instead.
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Best option: Wise

Wise is our top choice for NGN to MZN transfers.

We tested & reviewed 4 money transfer providers, and Wise scored highly in each category.

Over the last six months, Wise appeared in 50% of Nigeria to Mozambique searches, and was the top rated company supporting money transfers between NGN and MZN.

For a great mix of cost, speed & features, transfer from Nigeria to Mozambique Metical using Wise.

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How to send money from Nigeria to Mozambique

Summary of recent searches

Top rated for transfers from Nigeria to Mozambique
Wise
Total number of NG - MZ providers
4
Average cheapest fees & rate
Wise
Average fastest transfer
Wise
Best for bank transfers
Wise
Best for debit card
Wise

Understanding Nigeria to Mozambique money transfers

1
Comparing providers

Comparing providers when sending money from Nigeria to Mozambique is the easiest way to make a transfer at the best price.

We’ve compared 4 providers for sending Naira to Mozambique. This ensures you will get the best options for your transfer to Mozambique from Nigeria.

We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Mozambique.

2
Get ahead of the Naira-Mozambique Metical exchange rate
3
Choosing the right payment method
4
Financial regulators in Nigeria and Mozambique
5
Consider transfer limits
6
Receiving money in Mozambique
7
Have your ID ready
8
Tax declarations

Cheapest way to send money from Nigeria to Mozambique: Wise

The combination of the lowest fees and best exchange rate is through Wise. This makes them our cheapest transfer service of the 4 compared for sending Naira to Mozambique.

Our data shows, over the past six months, that Wise is 0% than the second-best option when sending via a bank transfer.

This measure includes an average fee of 8.48* NGN and a NGN-MZN exchange rate for international transfers that is 0.09% different to the mid-market rate.

Securing the best rates on a NGN to Mozambique transfer can be done with Wise but you can always search for your specific amount.

*The most common fee applied by Wise when sending NGN-MZN, based on data from the past six months.

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Fastest money transfers to Mozambique from Nigeria: Wise.

We tested 4 companies offering transfers from Naira to Mozambique and Wise offered the quickest options.

Through our research, we found Wise to be the quickest way to send NGN into Mozambique Metical in 50% of instances. For fast transfers between NGN and MZN, Wise is generally a good option.

Money transfers from Nigeria to Mozambique through Wise have an average fee of 8.48 NGN.

To confirm that Wise was the 'fastest' option we compared 4 money transfer providers for overall speed of sending money from Nigeria to Mozambique. This was made up of depositing Naira to a money transfer account and transfer times to Mozambique.

When sending quickly is a priority, Wise is our recommended choice for sending into Mozambique from Nigeria.

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Transferring large sums of money

For transfers of larger amounts of Mozambique Meticals to Mozambique picking a provider with a competitive exchange rate and hands on management can make a huge difference.

Of the
4 money transfer companies tested, Wise is the strongest option for large transfers from Nigeria to Mozambique.

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 Mozambique can become expensive through your bank or with the wrong provider.

Wise is our choice for sending large sums of money to NGN because they offer a strong all-round product.

Understanding the costs involved when transferring money to Mozambique from Nigeria

When calculating the cost of sending money from Nigeria to Mozambique, a combination of fees and exchange rates ensure the best deal:

The Mid-Market and Exchange Rates: The current NGN-MZN mid-market rate is 0.0411 MZN per Naira. Finding a provider as close to this number as possible will ensure more Mozambique Metical for your money.

  • As a comparison, the NGN-MZN mid-market rate for the past three months has averaged 0.0399 MZN per Naira, hitting a high of 0.0424 and a low of 0.0382.

  • Wise is currently offering the best exchange rate on transfers between Nigeria and Mozambique.

  • Often the NGN-MZN exchange rate you receive will be the biggest factor impacting the cost of sending Naira to Mozambique.

Fees: Transfer fees are charged on top of a transfer. Wise currently offers lowest fees, at an average of 8.48 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 Mozambique Metical is the biggest indicator in the total cost of sending money to Nigeria from Mozambique. The higher the total amount received in Mozambique, the lower the cost of sending from Nigeria.

Track the exchange rate for Naira to Mozambique Metical

Sending money at the right time between NGN and MZN can make a huge difference to overall cost. The exchange rate impacts how much MZN you get for your NGN.

Mid-market Rate
1
= 0.041133 MZN

Over the last six months, the average numbers are:

  • The exchange rate from NGN to MZN averaged 0.0399 MZN.

  • The highest value recorded was 0.0424 MZN, while the lowest was 0.0382 MZN.

  • 4 providers currently offer transfers between Nigeria and Mozambique close to this rate.

Want to secure the best NGN-Mozambique Metical 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 Mozambique!

Payment options for transfers from Nigeria to
Mozambique

  • Bank transfers

    Bank transfers are often the fastest and cheapest way to send money from Nigeria to Mozambique.

    Using a money transfer company such as Wise for payments from Nigeria to Mozambique, 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. 



    Wise is the best money transfer provider for bank transfers of the 4 we compared when sending NGN to Mozambique.

    With an average fee of 13.46 NGN to transfer money from Nigeria to Mozambique, Wise offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money with a debit card from Nigeria to Mozambique is easy with Wise.


    Wise is a leader in debit card money transfers from Nigeria to Mozambique. They are the best option of the 4 transfer companies compared.

  • Credit cards

    When it comes to credit card transfers from Nigeria to Mozambique, is the top choice of the 4 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 Mozambique 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 Mozambique.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to MZN.


For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.

Money transfer company reviews

How much money can be transferred from Nigeria to Mozambique?
Are there any tax implications to sending money from Nigeria to Mozambique?
Can I send money from Nigeria to Mozambique with MoneyTransfers.com?
What are the typical transfer fees for sending Nairas to Mozambique through various providers?
How long does it take to send money from Nigeria to Mozambique?
What is the best exchange rate I can get for sending money from Nigeria to Mozambique?
Are there any minimum or maximum transfer amounts for sending money from Nigeria to Mozambique?
Can I schedule regular transfers between Nigeria and Mozambique?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.