Best option: Western Union
We tested & reviewed 4 money transfer providers, and Western Union scored highly in each category.
Over the last six months, Western Union appeared in 53.8% 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 Western Union.
How to send money from Nigeria to Mozambique
Understanding Nigeria to Mozambique money transfers
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 Western Union as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Mozambique.
Cheapest way to send money from Nigeria to Mozambique: Wise
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.
Fastest money transfers to Mozambique from Nigeria: Western Union.
Through our research, we found Western Union to be the quickest way to send NGN into Mozambique Metical in 53.8% of instances. For fast transfers between NGN and MZN, Western Union is generally a good option.
Money transfers from Nigeria to Mozambique through Western Union have an average fee of 0 NGN.
To confirm that Western Union 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, Western Union is our recommended choice for sending into Mozambique from Nigeria.
Transferring large sums of money
Of the 4 money transfer companies tested, Western Union 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.
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 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 0.0382 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 0.0414 MZN per Naira, hitting a high of 0.0448 and a low of 0.0383.
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.
Over the last six months, the average numbers are:
The exchange rate from NGN to MZN averaged 0.0414 MZN.
The highest value recorded was 0.0448 MZN, while the lowest was 0.0383 MZN.
4 providers currently offer transfers between Nigeria and Mozambique close to this rate.
Want to secure the best NGN-Mozambique Metical exchange rates?
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Payment options for transfers from Nigeria to Mozambique
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.