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How to send money to Nigeria from Cyprus with the best EUR-NGN rate

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

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

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June 25th, 2025
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Best money transfer companies

Send money from Cyprus to Nigeria

Last updated: Today
Mid-market rate as of 06/25/2025: 1 EUR = 1801.10966 NGN
Results below are based on a 7000 EUR search
0 of 9 providers
Sponsored
Wise
Recipient gets (NGN)
₦12,710,268.47
Full transfer details
Visit Wise
₦480,734 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (NGN)
₦12,425,651.70
Full transfer details
Visit Xe
₦196,117 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
Live Rates
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1
Profee
Recipient gets (NGN)
₦12,919,967.84
Full transfer details
Visit Profee
₦690,433 better than a typical bank*

"Card-to-card transfers can be received in just two minutes."

Personal account manager
Multi-currency card
Receive to bank account or debit card
2
Remitly
Recipient gets (NGN)
₦12,775,000.00
Full transfer details
Visit Remitly
₦545,465 better than a typical bank*

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Personal account manager
Multi-currency card
Receive to bank account or cash pickup
3
WorldRemit
Recipient gets (NGN)
₦12,739,064.00
Full transfer details
Visit WorldRemit
₦509,529 better than a typical bank*

"24/7 live chat support provided in six languages. Special first transfer rates available, with airtime topup supported to many countries in Africa, Asia and South America."

Personal account manager
Multi-currency card
Receive to bank account or cash pickup
4
Wise
Recipient gets (NGN)
₦12,710,268.47
Full transfer details
Visit Wise
₦480,734 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
5
Xe
Recipient gets (NGN)
₦12,425,651.70
Full transfer details
Visit Xe
₦196,117 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
6
Instarem
Recipient gets (NGN)
₦12,389,280.40
Full transfer details
Visit Instarem
₦159,746 better than a typical bank*

"Most transfers are instant or same-day. Customers can earn rewards on every transaction."

Personal account manager
Multi-currency card
Receive to bank account
Mid-market rate updates every 60 minutes
Estimated Rates
We don't have access to live rates from these companies. Instead, we've researched their average exchange rates and fees.
Paysend
Recipient gets (NGN)
₦12,628,860.47
Sponsored
Wise
Recipient gets (NGN)
₦12,710,268.47
Full transfer details
Visit Wise
₦480,734 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for large transfers
Sponsored
Receive a £/$/€25 gift card when you refer a friend! (T&Cs apply)
Xe
Recipient gets (NGN)
₦12,425,651.70
Full transfer details
Visit Xe
₦196,117 better than a typical bank*

"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."

Personal account manager
Multi-currency card
Receive to bank account
Dedicated support for larger transactions
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Overall best way: Wise

Wise is our recommended company for transferring Euro to Nigeria.

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

In the last 7 days, Wise appeared in 100% of Cyprus to Nigeria searches, and was the top rated company supporting payments Cyprus into Naira.

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

Wise is the top rated company for sending money from Cyprus (EUR) to Nigeria (NGN) - Wise Screenshot

How to send money from Cyprus to Nigeria

Summary of recent searches

Top rated for transfers from Cyprus to Nigeria
Wise
Total number of CY - NG providers
9
Average cheapest fees & rate
Profee
Average fastest transfer
Wise
Average transfer time
Within minutes
Best for bank transfers
Profee
Best for debit card
Wise

Considerations for money transfers from Cyprus to Nigeria

1
Compare providers

Comparing providers offering services between Cyprus and Nigeria, based on your specific needs is the best way to send money with confidence.

Our comparison includes 9 companies that provide the ability to send Euro to Nigeria.

This ensures you get the best options for transfers to Nigeria from Cyprus, based on the amount you want to send.

2
Watch the Euro-Naira exchange rate
3
Choose the right payment method
4
Use providers regulated in Nigeria and Cyprus
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 Cyprus: Profee

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

Data collected through our comparison over the past week shows that Profee is 1.12% cheaper than the second-best option.

The cost is made up of an average fee of 0* EUR and an exchange rate for buying Naira with Euro that is -2.45% different to the mid-market rate.

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

*The most common fee applied to EUR-NGN by Profee, based on data from the last 7 days.

Profee is the cheapest way to send money from Cyprus (EUR) to Nigeria (NGN) - Profee Screenshot

Fastest money transfers from Cyprus to Nigeria: Wise.

Of the 9 money transfer companies tested, Wise offered the quickest way to send Euros to Nigeria.

Through our comparison, we found Wise to be the fastest option to transfer money from Cyprus to Naira in 100% of instances.

Over the last 7 days, sending money from Cyprus to Nigeria through Wise have an average fee of 48.04 EUR.

Wise was one of 9 money transfer providers we compared for overall speed of sending money from Cyprus to Nigeria. This speed test included depositing Euros to an account and the average timeframe for sending money to Nigeria.

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

Wise is the fastest way to send money from Cyprus (EUR) to Nigeria (NGN) - Wise Screenshot

Sending a large amount of money?

For big transfers from Cyprus to Nigeria, competitive pricing & strong customer service are essential.

Of the
9 providers compared, Wise is the best rated for higher transfer amounts.

Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from Cyprus to Nigeria, it's a great provider for things like buying or selling property.

Understanding the cost of sending money to Nigeria from Cyprus

The cost of sending money from Nigeria to Nigeria, is made-up of a combination of fees and exchange rates:

The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from EUR-NGN is 1,808.2377 NGN per Euro.

  • Finding a provider offering an exchange as close to 1,808.2377 as possible will ensure more Naira received when transferring.

  • For context, the EUR-NGN mid-market rate for the past 7 days has averaged 1,788.0757 NGN per Euro. This includes a high of 1,801.1097, and low of 1,771.6377.

  • Profee currently offers the best exchange rate on transfers from Cyprus to Nigeria.

For the most part the EUR-NGN exchange rate you receive is the biggest factor impacting the cost of sending EUR to Nigeria.

Fees: Outside of exchange rates, you may need to pay a fee to send. Profee currently offers the lowest fees on transfers to Nigeria from Cyprus, averaging 0 EUR over the last 7 days. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.

Amount Received: The amount received in Naira is the amount you started with, minus the amount you paid in the exchange and fees.

The better deal you get on exchanging Euros to NGN, paired with a low fee, means a higher total amount received in Nigeria.

Finding the best exchange rate between Euro and Naira

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

Mid-market Rate
1 
=
1808.237728 
NGN

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

  • In the past 7 days, the mid-market rate from EUR to NGN has averaged 1,788.0757.

  • In this period there was a high of 1,801.1097, and a low of 1,771.6377.

  • Wise, which is our recommended service to send money online from Cyprus to Nigeria offers an exchange rate with a mark up of -1.5% above the mid-market rate.

Want to secure the best EUR-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 Cyprus to Nigeria!

Paying for your Cyprus to
Nigeria transfer

  • Bank transfers

    Paying via a bank transfer is often the better option for sending money from Cyprus to Nigeria.

    By using a money transfer company such as Profee for transfers from Cyprus to Nigeria, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


    On average, Profee is the cheapest provider for bank transfers from the 9 we tested when sending EUR to Nigeria.

    With an average fee of 0 EUR to send money from Cyprus to Nigeria, Profee offers the best combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Cyprus to Nigeria with a debit or a prepaid card is easy with Wise.


    Wise is a one of the better options in the market for international debit card transfers from Cyprus to Nigeria.

  • Credit cards

    Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.

    We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.

    Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Cyprus.


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 Cyprus to Nigeria.


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

How much money can be transferred from Cyprus to Nigeria?
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Can I send money from Cyprus to Nigeria with MoneyTransfers.com?
What are the typical transfer fees for sending Euros to Nigeria through various providers?
How long does it take to send money from Cyprus to Nigeria?
What is the best exchange rate I can get for sending money from Cyprus to Nigeria?
Are there any minimum or maximum transfer amounts for sending money from Cyprus to Nigeria?
Can I schedule regular transfers between Cyprus and Nigeria?

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.
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