Companies for transfers from Australia to Nigeria
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"Cambridge Currencies is a boutique UK-based currency broker helping clients send funds globally. Expect personable service & competitive rates from this new industry entrant."
"Send money to over 40 destinations online and in the mobile app."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
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In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Overall best way: WorldRemit
We tested & reviewed 9 transfer providers, and WorldRemit scored highly.
In the last six months, WorldRemit appeared in 68.4% 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
Understanding Australia to Nigeria money transfers
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.
Cheapest way to send money to Nigeria from Australia: Revolut
Data collected through our comparison over the past six months shows that Revolut is 0.6% cheaper than the second-best option.
The cost is made up of an average fee of 0* AUD and an exchange rate for buying Naira with Australian Dollar that is 0.14% different to the mid-market rate.
If you want to secure the best rates on a Australia to Nigeria transfer, Revolut 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 Revolut, based on data from the past six months.
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Fastest money transfers from Australia to Nigeria: Ria Money Transfer.
Through our comparison, we found Ria Money Transfer to be the fastest option to transfer money from Australia to Naira in 55.3% of instances.
Over the last six months, sending money from Australia to Nigeria through Ria Money Transfer have an average fee of 4 AUD.
Ria Money Transfer 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, Ria Money Transfer is our best choice for sending from Australia to Nigeria.
Transfer a large amount of money
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 961.9545 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 1,080.8091 NGN per Australian Dollar, hitting a high of 1,153.0936 and a low of 955.3377.
Revolut 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. Revolut currently offers lowest fees, at an average of 0 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.
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 1,080.8091.
In this period there was a high of 1,153.0936, and a low of 955.3377.
WorldRemit, which is our recommended service to send money online from Australia to Nigeria offers an exchange rate with a mark up of 3.11% above the mid-market rate.
Want to secure the best AUD-Naira exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Australia to Nigeria!
Funding your Australia to Nigeria money transfer
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.
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