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Send money from Denmark 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."
"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."
"Card-to-card transfers can be received in just two minutes."
"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."
"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."
HSBCRecipient gets (NGN)₦11,619,334.53Not recommended
"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."
"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."
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: Wise
We tested & reviewed 7 transfer providers, and Wise scored highly.
Sending 50,000 DKK to NGN will cost you kr326.82 in fees, and you will receive 11,934,875.61 NGN. The delivery time is within minutes, but it depends on the day you make the transfer.
So for a great mix of cost, speed & features, make your Denmark to Nigeria transfer using Wise.
How to to send from Denmark to Nigeria in the best way
- Always compare rates
Money transfers to Nigeria should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Denmark to Nigeria.
- Choose a provider
Select the provider that offers you the best value on your Danish Krone & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Nigeria.
Summary of recent searches
Considerations when sending from Denmark to Nigeria
Comparing money transfer companies with services between Denmark and Nigeria, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.
For this route, we’ve compared 7 providers providing services between Denmark and Nigeria. This ensures you will get the best options when sending Naira to Nigeria.
Over the last 7 days, we’ve picked Wise as the best overall provider. However, comparing based on the amount you want to send to Nigeria will provide a specific provider that’s best for transferring money from Denmark.
Cheapest way to send money to Nigeria from Denmark: Panda Remit
Data collected through our comparison over the past week shows that Panda Remit is 0.17% cheaper than the second-best option.
The cost is made up of a fee of 4 DKK and an exchange rate for buying Naira with Danish Krone that is 0.3% different to the mid-market rate.
If you want to secure the best rates on a Denmark to Nigeria transfer, Panda Remit offers value. We would still recommend searching for the amount you want to send to Nigeria.
Fastest money transfers from Denmark to Nigeria: Wise.
Based on our recent data, transfer time for a kr50,000 transfer to Nigeria with Wise is within minutes. This can vary by amount and method, but it is a good point of reference.
Sending money from Denmark to Nigeria through Wise will cost you 326.82 DKK in fees & small markup.
Wise was one of 7 money transfer providers we compared for overall speed of sending money from Denmark to Nigeria. This speed test included depositing Danish Krones 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 Denmark to Nigeria.
Sending large sums of money?
Of the 7 companies tested, Wise 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 Denmark can be expensive.
Wise is our choice for big transfers to DKK because of all round price, speed and management when making large transfers.
Understanding the cost of transferring money to Nigeria from Denmark
Fees and exchange rates make up the total cost of sending money from Nigeria to Nigeria. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current DKK-NGN mid-market rate is 237.9164 NGN per Danish Krone. You will get more Naira for your Danish Krones if you find a provider close to this number.
For context, over the last 7 days the DKK-NGN mid-market rate has had a high of 240.4919, a low of 239.349 and averaged 239.839 NGN per Danish Krone.
Across the 7 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting DKK to NGN will be the biggest determining factor when working out the cost of transferring Danish Krones to Nigeria.
Fees: Transfer fees are charged as part of the transfer. Panda Remit charges the lowest fee of 4 DKK at the moment. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Naira eventually received in Nigeria. You can assume that a lower cost of sending from Denmark will result in more money received in Nigeria.
Finding the best exchange rate between Danish Krone and Naira
Getting a strong exchange rate between DKK and NGN is essential. The exchange rate you secure impacts how much NGN you get for your DKK.
It can pay to track rates, and keep on top of currency trends.
In the past 7 days, the mid-market rate from DKK to NGN has averaged 239.839.
In this period there was a high of 240.4919, and a low of 239.349.
Wise, which is our recommended service to send money online from Denmark to Nigeria offers 240.2680 NGN per DKK which is only -0.01% above the mid-market rate.
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Payment methods available to fund your Denmark to Nigeria transfer
Bank transfers
Bank transfers are often the better option for money transfers from Denmark to Nigeria.
Sending money via a bank transfer with a company such as Panda Remit for transfers from Denmark to Nigeria allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Panda Remit is the best provider for bank transfers of the 7 we tested when sending DKK to Nigeria.
With a fee of DKK4 to send money from Denmark to Nigeria, Panda Remit offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Denmark to Nigeria with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from Denmark to Nigeria, competing among a total of 7 active money transfer companies on this route.
Credit cards
When it comes to international credit card transfers from Denmark to Nigeria, we recommend comparing your options to get the best deal.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Denmark.
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 Denmark to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send DKK 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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