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Nigeria to Namibia money transfers compared

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

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

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Our recommendation: Moneycorp

Moneycorp is our top choice for NGN to NAD transfers.

We tested & reviewed 5 money transfer providers offering money transfers from Nigeria to Namibia, and Moneycorp scored highly.

In total, Moneycorp appeared in 27.3% of Nigeria to Namibia searches, and was the top rated company supporting transfers between NGN and NAD.

For a great mix of cost, speed & features, we recommend making your Nigeria to Namibia transfer using Moneycorp.

How to get the best deal on your Nigeria to Namibia money transfer

Summary of recent searches

Top rated for transfers from Nigeria to Namibia
Moneycorp
Total number of NG - NA providers
5
Average cheapest fees & rate
Western Union
Average fastest transfer
Moneycorp
Best for bank transfers
Western Union
Best for debit card
Wise

Understanding Nigeria to Namibia money transfers

1
Comparing providers

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

We’ve compared 5 providers for sending Naira to Namibia. This ensures you will get the best options for your transfer to Namibia from Nigeria.

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

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

Cheapest way to send money from Nigeria to Namibia: Western Union

The combination of the lowest fees and best exchange rate is through Western Union. This makes them our cheapest transfer service of the 5 compared for sending Naira to Namibia.

Our data shows, over the past six months, that Western Union 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-NAD exchange rate for international transfers that is 2.77% different to the mid-market rate.

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

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

Fastest money transfers to Namibia from Nigeria: Moneycorp.

We tested 5 companies offering transfers from Naira to Namibia and Moneycorp offered the quickest options.

Through our research, we found Moneycorp to be the quickest way to send NGN into Namibi Dollar in 27.3% of instances. For fast transfers between NGN and NAD, Moneycorp is generally a good option.

Money transfers from Nigeria to Namibia through Moneycorp have an average fee of 0 NGN.

To confirm that Moneycorp was the 'fastest' option we compared 5 money transfer providers for overall speed of sending money from Nigeria to Namibia. This was made up of depositing Naira to a money transfer account and transfer times to Namibia.

When sending quickly is a priority, Moneycorp is our recommended choice for sending into Namibia from Nigeria.

Transferring large sums of money

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

Of the
5 money transfer companies tested, Moneycorp is the strongest option for large transfers from Nigeria to Namibia.

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

Moneycorp 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 Namibia from Nigeria

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

The Mid-Market and Exchange Rates: The current NGN-NAD mid-market rate is 0.0107 NAD per Naira. Finding a provider as close to this number as possible will ensure more Namibi Dollar for your money.

  • As a comparison, the NGN-NAD mid-market rate for the past three months has averaged 0.0115 NAD per Naira, hitting a high of 0.0132 and a low of 0.0103.

  • Moneycorp is currently offering the best exchange rate on transfers between Nigeria and Namibia.

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

Fees: Transfer fees are charged on top of a transfer. Western Union 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 Namibi Dollar is the biggest indicator in the total cost of sending money to Nigeria from Namibia. The higher the total amount received in Namibia, the lower the cost of sending from Nigeria.

How to find the best exchange rate for Naira to Namibi Dollar

Timing is essential for sending money between NGN and NAD. The exchange rate you secure impacts how much NAD you get for your NGN.

Mid-market Rate
1
= 0.010658 NAD

Let's dive into some interesting recent trends.

  • Over the past six months, the exchange rate from NGN to NAD has seen some fluctuation. On average, it stood at 0.0115.

  • During this period, the highest value recorded was 0.0132, while the lowest was 0.0103.

  • Moneycorp, which is our recommended service to send money online from Nigeria to Namibia offers an exchange rate that is only 1.93% above the mid-market rate.

Want to secure the best NGN-Namibi 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 Namibia!

Payment options for transfers from Nigeria to
Namibia

  • Bank transfers

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

    Using a money transfer company such as Western Union for payments from Nigeria to Namibia, 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. 



    Western Union is the best money transfer provider for bank transfers of the 5 we compared when sending NGN to Namibia.

    With an average fee of 0 NGN to transfer money from Nigeria to Namibia, Western Union offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

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


    Wise is a leader in debit card money transfers from Nigeria to Namibia. They are the best option of the 5 transfer companies compared.

  • Credit cards

    When it comes to credit card transfers from Nigeria to Namibia, 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 Namibia 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 Namibia.


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


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

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.