Overall best way: WorldRemit
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.
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: Instarem
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.
Fastest money transfers from Australia to Nigeria: Remitly.
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
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.
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.
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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.