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How to send money from Algeria to Nigeria
Sending money from Algeria to Nigeria doesn’t have a huge amount of options. Because of this, we would recommend sending money via:
How to compare deals on Algeria to Nigeria money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Algeria to Nigeria.
- Choose a provider
Select the provider that gives you the best value & service for your needs
- Click, sign up & send
Follow the steps & start your transfer from Algeria. Your funds will be converted to Naira and transferred to Nigeria.
Sending money from Algeria to Nigeria: key insights and tips
Don't settle for the first option. Always compare ways to send money from Algeria to Nigeria to find out about fees, speed, and reliability.
Your analysis should include all the providers that operate between Algeria and Nigeria. Through this, you get a comprehensive view of all the options you have in Algeria when you need to send money to Nigeria.
Cheapest way to send money from Algeria to Nigeria
Without any money transfer providers serving the Algeria to Nigeria route, the cheapest money transfer options are limited.
We would recommend using:
Understanding the costs involved when moving money from Algeria to Nigeria
When calculating the costs of money transfers between Algeria and Nigeria, here's what really matters:
The Mid-Market Rate: Today, the DZD-NGN mid-market rate equals to 11.8732. Keep in mind that this rate fluctuates all the time.
The DZD-NGN average exchange rate of the past week has been 11.7439, with a highest of 12.6315 and a lowest of 10.9505.
Fees and Markups: When you pick a service with competitive exchange rates and low fees, you get to make the most out of your DZD to NGN transfers. This strategy keeps your costs down, offering a smart way to handle your international transactions.
Getting the best exchange rate for Algerian Dinar to Naira
Tracking the mid-market rate can make a huge difference when sending money DZD to NGN. The exchange rate you secure impacts how much NGN you get for your DZD.
Here's some data on recent trends in the mid-market rate.
Over the past 7 days, the interbank rate from DZD to NGN has seen some fluctuation. On average, it has been 11.7439.
During this period, the highest value level was 12.6315, with a low of 10.9505.
Wise, which is our recommended service to send money online from Algeria to Nigeria offers an exchange rate that is only -3.1% above the mid-market rate.
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What payment methods are available when sending money from Algeria to Nigeria?
Sending bank transfers from Algeria to Nigeria
Bank transfers are the most common way of sending DZD to Nigeria as they are secure, reliable, and convenient.
If you want to send Algerian Dinars to Nigeria via bank transfer, you can use your bank where no provider is available, but it will likely be at a bad exchange rate.
Sending money from Algeria to Nigeria by credit card
Credit card payments are quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.
If you want to send Algerian Dinars to Nigeria with a credit card.
Note: Beware of chargesCredit card payments are often classified as cash advances, which bring their own charges, as well as currency conversion and usage fees. Forgetting to pay your balance can also result in high interest charges, and can even damage your credit score.
Sending money from Algeria to Nigeria by payment apps
If you’d like to send money from Algeria to Nigeria via payment app, follow these steps:
Download the app and register. Download the app from the App Store or Google Play. You’ll need to register to be able to open an account. Make sure the app services transfers from Algeria to Nigeria.
Enter your details. Enter any of the details required. You may need a valid form of ID.
Start your transfer. Enter the details of your recipient. Some apps will require full payment details, while others allow you to pay with just an email address. You may need to state that you’re planning to send money to Nigeria in Naira at this stage.
Check the details. It’s vital that you check the details you’ve added to make sure everything is correct. It can be very difficult to reverse a transfer, and most payment apps don’t let you cancel a transfer from Algeria to Nigeria after it’s been sent.
Send the money. Your app will probably charge a fee for the transfer. They may also add a markup to the DZD to NGN exchange rate. Check the rate they’re offering against the mid-market rate to make sure you’re getting a good deal.
The current mid-market rate of DZD to NGN is 11.8732
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Algeria.
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 Algeria to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send DZD to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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