Our recommendation: Moneycorp
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
Understanding Nigeria to Namibia money transfers
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.
Cheapest way to send money from Nigeria to Namibia: Western Union
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.
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
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.
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.
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Payment options for transfers from Nigeria to Namibia
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.