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Overall best choice: WorldRemit
We tested & reviewed dozens of money transfer providers, and WorldRemit scored highly.
WorldRemit appeared in 65.2% of Australia to Nigeria searches, and was the top rated company out of 5 that support AUD to NGN.
So for a great mix of cost, speed & features, make your Australia to Nigeria transfer using WorldRemit.
How to get the best deal on your Australia to Nigeria transfer
Summary of recent searches
Important things to consider before sending money from Australia to Nigeria
Don't settle for the first option. Always compare ways to send money from Australia to Nigeria to find out about fees, speed, and reliability.
Our analysis included 5 providers that operate between Australia and Nigeria.
Through this, you get a comprehensive view of all the options you have in Australia when you need to send money to Nigeria.
Cheapest way to send money to Nigeria from Australia: Instarem
Data collected over the past six months show that Instarem is 0% cheaper than the second-best option.
The $0 transfer cost represents the most common fee for AUD to NGN international transfers, based on data from the past six months.
If you want to secure the best rates on a AUD to Nigeria transfer, make sure you pick Instarem to send your money online.
*The most common fee applied to AUD-NGN by Instarem, based on data from the past six months.
Fastest way to send money from Australia to Nigeria: WorldRemit
Our data shows that WorldRemit came up as the fastest way to send money from Australia to Nigeria in 67.7% of searches. This makes them well suited to urgent AUD to NGN money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Australia to Nigeria - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, WorldRemit is your best choice at the moment. This service emerged as the quickest way to send money to Nigeria from Australia in 67.7% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is WorldRemit.
While WorldRemit may not always be the cheapest or fastest way to send AUD from Australia to Nigeria, it’s the provider that will keep you safe and relaxed while your money moves into NGN.
Understanding the costs involved when moving money from Australia to Nigeria
When calculating the costs of money transfers between Australia and Nigeria, here's what really matters:
The Mid-Market Rate: Today, the AUD-NGN mid-market rate equals to 692.835918 NGN per Australian Dollar. Keep in mind that this rate fluctuates all the time.
The AUD-NGN average exchange rate of the past three months has been 685.5422 NGN per Australian Dollar, with a high of 1059.2565 and a low of 511.0559.
Fees and Markups: That's where WorldRemit shines, combining the best of both worlds: excellent AUD to NGN rates that are only -18.92% away from the average.
How to find the best exchange rate for Australian Dollar to Naira
Timing is essential sending money between AUD and NGN. The exchange rate you secure impacts how much NGN you get for your AUD.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from AUD to NGN has seen some fluctuation. On average, it stood at 685.5422.
During this period, the highest value recorded was 1059.2565, while the lowest was 511.0559.
WorldRemit, which is our recommended service to send money online from Australia to Nigeria offers an exchange rate that is only -8.23% above the mid-market rate.
Want to secure the best AUD-Naira exchange rates?
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Payment methods available to fund your Australia to Nigeria transfer
Bank transfers
Bank transfers are often the default option for sending 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 while benefitting from lower fees and more favorable exchange rates.
On average, Instarem is the cheapest provider for bank transfers from the 5 we tested when sending AUD to Nigeria.
With an average fee of AUD16.3 to send money from Australia to Nigeria, Instarem offers a great 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 very simple with Instarem.
Instarem is a leader in debit card payments for transfers from Australia to Nigeria, competing among a total of 5 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from Australia to Nigeria, Instarem emerges as our top choice of the 5 companies offering this service.
Our comparison engine's last six months of data on AUD to NGN searches show Instarem has been ranked as the cheapest provider.
Fee alert: using a credit card to transfer money 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 Nigeria and Australia.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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
