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Compare ways to send money from Australia to Nigeria

Find money transfer deals for sending money from Australia to Nigeria. Compare the cheapest, fastest, and most reliable providers with the best AUD to NGN exchange rates.

Read on for the best deals, expert information, and easiest ways to send money to Nigeria from Australia.

Transferring the other way? Send NGN from Nigeria to Australia instead.
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Overall best way: WorldRemit

WorldRemit is our recommended company for transferring Australian Dollar to Nigeria.

We tested & reviewed 9 transfer providers, and WorldRemit scored highly.

In the last six months, WorldRemit appeared in 60.9% of Australia to Nigeria searches, and was the top rated company supporting payments Australia into Naira.

So for a great mix of cost, speed & features, make your Australia to Nigeria transfer using WorldRemit.

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How to compare deals on Australia to Nigeria money transfers

Summary of recent searches

Top rated for transfers from Australia to Nigeria
WorldRemit
Total number of AU - NG providers
9
Average cheapest fees & rate
Instarem
Average fastest transfer
Remitly
Average transfer time
Within minutes
Best for bank transfers
Instarem
Best for debit card
Instarem
Best for credit card
Instarem

Understanding Australia to Nigeria money transfers

1
Comparing providers

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

We’ve compared 9 providers for sending Australian Dollar to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Australia.

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

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

Cheapest way to send money to Nigeria from Australia: Instarem

Instarem combines the lowest fees with the best exchange rate and from the 9 companies compared offers the cheapest transfers to Nigeria from Australia.

Data collected through our comparison over the past six months shows that Instarem is % cheaper than the second-best option.

The cost is made up of an average fee of 51.76* AUD and an exchange rate for buying Naira with Australian Dollar that is 0% different to the mid-market rate.

If you want to secure the best rates on a Australia to Nigeria transfer, Instarem offers value. We would still recommend searching for the amount you want to send to Nigeria.

*The most common fee applied to AUD-NGN by Instarem, based on data from the past six months.

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Fastest money transfers from Australia to Nigeria: Remitly.

Of the 9 money transfer companies tested, Remitly offered the quickest way to send Australian Dollars to Nigeria.

Through our comparison, we found Remitly to be the fastest option to transfer money from Australia to Naira in 46.9% of instances.

Over the last six months, sending money from Australia to Nigeria through Remitly have an average fee of 0 AUD.

Remitly was one of 9 money transfer providers we compared for overall speed of sending money from Australia to Nigeria. This speed test included depositing Australian Dollars to an account and the average timeframe for sending money to Nigeria.

When fast transfers are a priority, Remitly is our best choice for sending from Australia to Nigeria.

Transfer a large amount of money

For transferring bigger sums of money to Nigeria from Australia, opt for a provider with a competitive exchange rate and strong account management.

WorldRemit is the best rated company for sending large amounts of Naira to Nigeria out of
9 companies offering the service.

Whether for a property purchase, or for business, sending large amounts of money to Nigeria from Australia has the potential to be very expensive.

WorldRemit is our choice for big transfers to AUD because of all round price, speed and management when making large transfers.

Understanding the costs involved when transferring money to Nigeria from Australia

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

The Mid-Market and Exchange Rates: The current AUD-NGN mid-market rate is 1,086.5449 NGN per Australian Dollar. Finding a provider as close to this number as possible will ensure more Naira for your money.

  • As a comparison, the AUD-NGN mid-market rate for the past three months has averaged 1,019.3108 NGN per Australian Dollar, hitting a high of 1,153.0936 and a low of 869.3714.

  • Instarem is currently offering the best exchange rate on transfers between Australia and Nigeria.

  • Often the AUD-NGN exchange rate you receive will be the biggest factor impacting the cost of sending Australian Dollar to Nigeria.

Fees: Transfer fees are charged on top of a transfer. Instarem currently offers lowest fees, at an average of 51.76 AUD 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 Naira is the biggest indicator in the total cost of sending money to Australia from Nigeria. The higher the total amount received in Nigeria, the lower the cost of sending from Australia.

Finding the best exchange rate between Australian Dollar and Naira

Getting a strong exchange rate between AUD and NGN is essential. The exchange rate you secure impacts how much NGN you get for your AUD.

Mid-market Rate
1
= 1086.544877 NGN

It can pay to track rates, and keep on top of currency trends.

  • Over the past six months, the mid-market rate from AUD to NGN has averaged 1,019.3108.

  • In this period there was a high of 1,153.0936, and a low of 869.3714.

  • WorldRemit, which is our recommended service to send money online from Australia to Nigeria offers an exchange rate with a mark up of 4.66% above the mid-market rate.

Want to secure the best AUD-Naira exchange rates?

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Funding your Australia to
Nigeria money transfer

  • Bank transfers

    Bank transfers are often the best and easier way to send money from Australia to Nigeria.

    By using a money transfer company such as Instarem for transfers from Australia to Nigeria, you can send money via a bank transfer and benefit from lower fees and more favorable exchange rates than would be offered by a bank. 


    On average, Instarem is the cheapest way to send money via a bank transfer. This is of the 9 companies we tested when sending AUD to Nigeria.

    With an average fee of 53.18 AUD to send money from Australia to Nigeria, Instarem offers a decent combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Australia to Nigeria with a debit or a prepaid card is easy with Instarem.


    Instarem is a leading money transfer company for debit card payments, and offers transfers from Australia to Nigeria.

  • Credit cards

    When it comes to sending money with a credit card from Australia to Nigeria, Instarem is our top choice of the 9 companies offering this service.

    Keep on top of fees: using a credit card to transfer money can result in a fee being charged by your card issuer. Where possible, 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 Nigeria and Australia.


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 Australia to Nigeria.


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


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

Money transfer company reviews

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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.