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Compare ways to send money from Egypt to Nigeria

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

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

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Overall best way: Airwallex

Airwallex is our recommended company for transferring Egyptian Pound to Nigeria.

We tested & reviewed 7 transfer providers, and Airwallex scored highly.

In the last six months, Airwallex appeared in 48.8% of Egypt to Nigeria searches, and was the top rated company supporting payments Egypt into Naira.

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

How to to send from Egypt to Nigeria in the best way

Summary of recent searches

Top rated for transfers from Egypt to Nigeria
Airwallex
Total number of EG - NG providers
7
Average cheapest fees & rate
Instarem
Average fastest transfer
Moneycorp
Average transfer time
Within minutes
Best for bank transfers
Airwallex
Best for debit card
Instarem
Best for credit card
Instarem

Considerations when sending from Egypt to Nigeria

1
Compare providers

Comparing money transfer companies with services between Egypt 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 Egypt and Nigeria. This ensures you will get the best options when sending Naira to Nigeria.

Over the last six months, we’ve picked Airwallex 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 Egypt.

2
Understanding the Egyptian Pound-Naira exchange rate
3
Choose the right payment method
4
Financial regulations
5
Consider transfer limits
6
Receiving money from Egyptian Pound in Nigeria
7
Confirm the ID you need
8
Tax declarations

Cheapest way to send money to Nigeria from Egypt: Airwallex

Airwallex combines the lowest fees with the best exchange rate and from the 7 companies compared offers the cheapest transfers to Nigeria from Egypt.

Data collected through our comparison over the past six months shows that Airwallex is 0% cheaper than the second-best option.

The cost is made up of an average fee of 2.27* EGP and an exchange rate for buying Naira with Egyptian Pound that is 0% different to the mid-market rate.

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

*The most common fee applied to EGP-NGN by Airwallex, based on data from the past six months.

Fastest money transfers from Egypt to Nigeria: Moneycorp.

Of the 7 money transfer companies tested, Moneycorp offered the quickest way to send Egyptian Pounds to Nigeria.

Through our comparison, we found Moneycorp to be the fastest option to transfer money from Egypt to Naira in 40.9% of instances.

Over the last six months, sending money from Egypt to Nigeria through Moneycorp have an average fee of 0 EGP.

Moneycorp was one of 7 money transfer providers we compared for overall speed of sending money from Egypt to Nigeria. This speed test included depositing Egyptian Pounds to an account and the average timeframe for sending money to Nigeria.

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

Sending large sums of money?

For transferring a bigger sum of money to Nigeria from Egypt, we’d recommend using a provider that can offer a hands-on approach.

Of the
7 companies tested, Airwallex 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 Egypt can be expensive.

Airwallex is our choice for big transfers to EGP because of all round price, speed and management when making large transfers.

Understanding the costs involved when transferring money from Egypt to Nigeria

When calculating the costs of money transfers between Egypt and Nigeria, opt for the best combination of fees and exchange rates:

The Mid-Market and Exchange Rates: Today, the EGP-NGN mid-market rate equals 30.5099 NGN per Egyptian Pound.

  • For reference, the EGP-NGN average mid-market rate for the past three months has been 33.4121 NGN per Egyptian Pound, with a high of 34.5923 and a low of 31.5778.

  • The company offering the best exchange rate is Airwallex.

  • Often the EGP-NGN exchange rate you receive is the bigger factor than how much it costs to send Egyptian Pounds to Nigeria.

Fees: Fees are charged on top of a transfer. The company offering the lowest fee is Instarem, averaging 2.27 EGP 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 Egypt to Nigeria. Essentially, the more the recipient receives in Nigeria, the less it is costing to send from Egypt.

Getting best exchange rate for sending Egyptian Pound to Naira

Timing is essential when tracking the mid-market rate between EGP and NGN. The end exchange rate you secure impacts how much NGN you get for your EGP.

Mid-market Rate
1
= 30.509947 NGN

The recent mid-market rate trends are:

  • Over the past six months, the mid-market rate from EGP to NGN was 33.4121.

  • During this period, it hit a high of 34.5923, and a low of 31.5778.

  • Airwallex, which is our recommended service to send money online from Egypt to Nigeria offers an exchange rate that is only 0% above the mid-market rate.

Want to secure the best EGP-Naira exchange rates?

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Payment methods available to fund your Egypt to
Nigeria transfer

  • Bank transfers

    Bank transfers are often the better option for money transfers from Egypt to Nigeria.

    Sending money via a bank transfer with a company such as Airwallex for transfers from Egypt to Nigeria allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


    On average, Airwallex is the best provider for bank transfers of the 7 we tested when sending EGP to Nigeria.

    With an average fee of EGP0 to send money from Egypt to Nigeria, Airwallex offers a great combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Egypt to Nigeria with a prepaid or a debit card is very simple with Instarem.


    Instarem is a leader in card payments for transfers from Egypt to Nigeria, competing among a total of 7 active money transfer companies on this route.

  • Credit cards

    When it comes to transferring money with a credit card from Egypt to Nigeria, Instarem emerges as our top choice of the 7 companies offering this service.

    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 Egypt.


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 Egypt to Nigeria.


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

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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.