Best way to send: Western Union
We tested & reviewed 5 money transfer companies offering services between Nigeria and Nepal, and Western Union scored highly.
In total, Western Union appeared in 100% of Nigeria to Nepal searches, and was the top rated company out of 5 that support transfers into Nepalese Rupee.
So for a great mix of cost, speed & features, make your Nigeria to Nepal transfer using Western Union.
How to get the best deal on your Nigeria to Nepal money transfer
Considerations for money transfers from Nigeria to Nepal
Comparing providers offering services between Nigeria and Nepal, based on your specific needs is the best way to send money with confidence.
Our comparison includes 5 companies that provide the ability to send Naira to Nepal.
This ensures you get the best options for transfers to Nepal from Nigeria, based on the amount you want to send.
Cheapest way to send money from Nigeria to Nepal: Western Union
Our data shows, over the past six months, that Western Union is 0.5% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* NGN and a NGN-NPR exchange rate for international transfers that is 3% different to the mid-market rate.
Securing the best rates on a NGN to Nepal 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-NPR, based on data from the past six months.
Fastest way to send money to Nepal from Nigeria: Western Union
Our comparison shows Western Union is the fastest option for sending Naira into Nepalese Rupee 100% of the time. For urgent NGN to NPR money transfers, they’re our recommended choice.
A NGN-Nepalese Rupee transfer through Western Union comes with an average 0 NGN fee.
To ensure Western Union was the 'fastest' option we compared 5 providers. This comparison was for overall speed of sending money from Nigeria to Nepal and is a combination of depositing Naira, transfer times to Nepal and withdrawal timeframes where applicable.
When speed is a priority, Western Union is the top choice for sending into Nepal from Nigeria.
Transferring large sums of money
Of the 5 money transfer companies tested, Western Union is the strongest option for large transfers from Nigeria to Nepal.
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 Nepal 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 Nepal from Nigeria
When calculating the cost of sending money from Nigeria to Nepal, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current NGN-NPR mid-market rate is 0.0807 NPR per Naira. Finding a provider as close to this number as possible will ensure more Nepalese Rupee for your money.
As a comparison, the NGN-NPR mid-market rate for the past three months has averaged 0.0843 NPR per Naira, hitting a high of 0.0925 and a low of 0.0816.
Airwallex is currently offering the best exchange rate on transfers between Nigeria and Nepal.
Often the NGN-NPR exchange rate you receive will be the biggest factor impacting the cost of sending Naira to Nepal.
Fees: Transfer fees are charged on top of a transfer. Airwallex 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 Nepalese Rupee is the biggest indicator in the total cost of sending money to Nigeria from Nepal. The higher the total amount received in Nepal, the lower the cost of sending from Nigeria.
How to find the best exchange rate for Naira to Nepalese Rupee
Timing is essential for sending money between NGN and NPR. The exchange rate you secure impacts how much NPR you get for your NGN.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from NGN to NPR has seen some fluctuation. On average, it stood at 0.0843.
During this period, the highest value recorded was 0.0925, while the lowest was 0.0816.
Western Union, which is our recommended service to send money online from Nigeria to Nepal offers an exchange rate that is only 3% above the mid-market rate.
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Payment options for transfers from Nigeria to Nepal
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nepal 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 Nepal.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to NPR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.