How to send money to Netherlands from Nigeria with the best NGN-EUR rate

Get the best deals when you transfer from Nigeria to the Netherlands. Find the cheapest, fastest, and most reliable providers with the best NGN to EUR exchange rates.

Read on for analysis on the best ways to send money to Netherlands from Nigeria.

Transferring the other way? Send EUR from Netherlands to Nigeria instead.
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November 18th, 2025

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Best money transfer companies

Send money from Nigeria to Netherlands

Last updated: Today
Mid-market rate as of 11/18/2025: 1 NGN = 0.000597 EUR
Results below are based on a 360000 NGN search
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0 of 3 providers
Send cash via a Western Union agent
1
Western Union Agent
Recipient gets (EUR)
€204.17
Full transfer details

"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."

7.7
Personal account manager
Multi-currency card
Receive to bank account or debit card
Cash pickup
Send cash via a MoneyGram agent
2
MoneyGram Agent
Recipient gets (EUR)
€204.17
Full transfer details

"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."

7.5
Personal account manager
Multi-currency card
Receive to bank account or debit card
Cash pickup
Send Money Between PayPal Accounts
3
PayPal App
Recipient gets (EUR)
€202.02
Full transfer details

"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."

5.4
Personal account manager
Multi-currency card
Receive to bank account or debit card
P2P transfer
Mid-market rate updates every 60 minutes

The best way to send NGN to Netherlands is to use cash transfer via Western Union

We’ve analysed 100s of money transfer companies, and found that the overall coverage of NGN/EUR transfers is very limited for online transfers.

This is why we suggest sending cash as an alternative, using Western Union.

The transfer fees depend on which branch you use and how much you send, but overall you can expect to pay around 3 NGN for a 360,000 NGN transfer.

Depending on where you are, we suggest checking Western Union to see what deposit methods you have available.

In many cases you can deposit NGN online and the recipient in Netherlands will need to visit a branch to pick up EUR.

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

Summary of recent searches

Top rated for transfers from Nigeria to Netherlands
Western Union Agent
Total number of NG - NL providers
3
Average cheapest fees & rate
Western Union Agent
Average fastest transfer
PayPal App
Average transfer time
Within minutes
Best for bank transfers
Western Union Agent
Best for debit card
PayPal App
Best for credit card
PayPal App

Sending money from Nigeria to Netherlands considerations

1

Compare providers

A comparison of providers offering services between Nigeria and the Netherlands is the easiest way to ensure the best deal.

We've compared 3 providers that offer services for sending Naira to the Netherlands.

This ensures you will get the best options for your transfer to the Netherlands from Nigeria.

Whilst we rate Western Union Agent as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Nigeria to the Netherlands.

2

Get the most from the Naira-Euro exchange rate

3

Choose the right payment method

4

Financial regulations in Nigeria and Netherlands

5

Consider transfer limits

6

How to receive money

7

Have your ID ready

8

Tax declarations

The cheapest way to send money from Nigeria to Netherlands is a cash transfer via MoneyGram.

The cheapest way to send money to Netherlands from Nigeria is via a cash transfer through a MoneyGram Agent.

While cash transfers are usually more expensive than online options, our analysis of hundreds of money transfer companies shows that very few services currently support NGN/EUR transfers online.

The total cost of your transfer includes both the transfer fee (around 3 NGN per 360,000 NGN) and an exchange rate markup.

Ultimately, the exact price will depend on your location, payment method, and transfer amount.

The cheapest way to to send money to Netherlands from Nigeria is via PayPal P2P Transfer

The coverage of NGN/EUR transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.

With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a NGN transfer fee.

You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).

Screenshot

Transfer a large sum of money

When sending large amounts of Naira to the Netherlands it’s best to pick a company with higher maximum limits on exchange rates and send amounts.

From
3 money transfer companies compared, Western Union Agent is the best option for large transfers from Nigeria to the Netherlands.

Whether it’s for property purchases, business or any other reason, sending large amounts of money from Nigeria to the Netherlands can become expensive if you use a bank, or the wrong provider.

Western Union Agent is the top choice for sending large sums of money to the Netherlands from Nigeria because they offer a strong service and competitive exchange rates.

Understanding the costs involved when transferring money to Netherlands from Nigeria

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

The Mid-Market and Exchange Rates: The current NGN-EUR mid-market rate is 0.0006 EUR per Naira. Finding a provider as close to this number as possible will ensure more Euro for your money.

  • As a comparison, the NGN-EUR mid-market rate for the past week has averaged 0.0006 EUR per Naira, hitting a high of 0.0006 and a low of 0.0006.

  • Western Union Agent is currently offering the best exchange rate on transfers between Nigeria and the Netherlands.

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

Fees: Transfer fees are charged on top of a transfer. Western Union Agent currently offers lowest fees of 3 NGN. Although we recommend searching for your exact send amount for an exact fee.

Amount Received: The total amount received in Euro is the biggest indicator in the total cost of sending money to Nigeria from the Netherlands. The higher the total amount received in the Netherlands, the lower the cost of sending from Nigeria.

Track the exchange rate for Naira to Euro

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

Mid-market Rate
1 
NGN
=
0.000597 
EUR

Over the last 7 days, the average numbers are:

  • The exchange rate from NGN to EUR averaged 0.0006 EUR.

  • The highest value recorded was 0.0006 EUR, while the lowest was 0.0006 EUR.

  • 3 providers currently offer transfers between Nigeria and the Netherlands close to this rate

Want to secure the best NGN-Euro exchange rates?

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Payment options for transfers from Nigeria to
Netherlands

  • Bank transfers

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

    Using a money transfer company such as Western Union Agent for payments from Nigeria to the Netherlands, 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 Agent is the best money transfer provider for bank transfers of the 3 we compared when sending NGN to the Netherlands.

    With a fee of 3 NGN to transfer money from Nigeria to the Netherlands, Western Union Agent offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money with a debit card from Nigeria to the Netherlands is easy with Western Union Agent.


    Western Union Agent is a leader in debit card money transfers from Nigeria to the Netherlands. They are the best option of the 3 transfer companies compared.

  • Credit cards

    Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.

    We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.

    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 Netherlands 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 Netherlands.


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


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

Money transfer company reviews

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Can I schedule regular transfers between Nigeria and Netherlands?

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 the founder and CEO of MoneyTransfers.com, with over 10 years’ experience building consumer products across finance, insurance, and travel. A frequent traveler himself, Luke has hands-on experience testing payment and transfer services globally, giving him a unique perspective on the real-world challenges users face. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.
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