Overall best way: Payoneer
We tested & reviewed 3 transfer providers, and Payoneer scored highly.
In the last six months, Payoneer appeared in 45.5% of Belarus to Nigeria searches, and was the top rated company supporting payments Belarus into Naira.
So for a great mix of cost, speed & features, make your Belarus to Nigeria transfer using Payoneer.
How to to send from Belarus to Nigeria in the best way
Considerations for money transfers from Belarus to Nigeria
Comparing providers offering services between Belarus and Nigeria, based on your specific needs is the best way to send money with confidence.
Our comparison includes 3 companies that provide the ability to send Belarussian Ruble to Nigeria.
This ensures you get the best options for transfers to Nigeria from Belarus, based on the amount you want to send.
Cheapest way to send money to Nigeria from Belarus: Sokin
Data collected through our comparison over the past six months shows that Sokin is 0.7% cheaper than the second-best option.
The cost is made up of an average fee of 0* BYN and an exchange rate for buying Naira with Belarussian Ruble that is 0.5% different to the mid-market rate.
If you want to secure the best rates on a Belarus to Nigeria transfer, Sokin offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to BYN-NGN by Sokin, based on data from the past six months.
Fastest money transfers from Belarus to Nigeria: Payoneer.
Through our comparison, we found Payoneer to be the fastest option to transfer money from Belarus to Naira in 50% of instances.
Over the last six months, sending money from Belarus to Nigeria through Payoneer have an average fee of 0 BYN.
Payoneer was one of 3 money transfer providers we compared for overall speed of sending money from Belarus to Nigeria. This speed test included depositing Belarussian Rubles to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Payoneer is our best choice for sending from Belarus to Nigeria.
Sending large sums of money?
Of the 3 companies tested, Payoneer is the best rated for larger transfer amounts.
Whether for a property purchase, or as a gift, sending large amounts of money to Nigeria from Belarus can be expensive.
Payoneer is our choice for big transfers to BYN because of all round price, speed and management when making large transfers.
Understanding the costs involved when transferring money from Belarus to Nigeria
When calculating the costs of money transfers between Belarus and Nigeria, opt for the best combination of fees and exchange rates:
The Mid-Market and Exchange Rates: Today, the BYN-NGN mid-market rate equals 510.7552 NGN per Belarussian Ruble.
For reference, the BYN-NGN average mid-market rate for the past three months has been 484.7088 NGN per Belarussian Ruble, with a high of 510.1836 and a low of 438.1284.
The company offering the best exchange rate is Sokin.
Often the BYN-NGN exchange rate you receive is the bigger factor than how much it costs to send Belarussian Rubles to Nigeria.
Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Sokin, averaging 0 BYN over the last 6 months. We would recommend searching for your exact send amount to get an idea of fees.
Amount Received: The amount received in Naira is the biggest indicator the total cost of sending money from Belarus to Nigeria. Essentially, the more the recipient receives in Nigeria, the less it is costing to send from Belarus.
The best exchange rate for Belarussian Ruble to Naira transfers
When sending money between BYN and NGN getting a good deal on an exchange rate is essential. The exchange rate you secure impacts how much NGN you get for your BYN.
Here's how the mid-market rate has performed recently, which will impact the overall cost of the exchange rate.
Over the past six months, the mid-market rate from BYN to NGN has been 484.7088.
During this period, there was a high of 510.1836, and 438.1284 being the lowest point.
Payoneer, which is our recommended service to send money online from Belarus to Nigeria offers an exchange rate with a 1.5% markup against the mid-market rate.
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How to pay for money transfers between Belarus and Nigeria
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Belarus.
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 Belarus to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send BYN to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.