How to send money to Nigeria from Ethiopia with the best ETB-NGN rate
Find money transfer deals for sending money from Ethiopia to Nigeria. Compare the cheapest, fastest, and most reliable providers with the best ETB to NGN exchange rates.
Read on for the best deals, expert information, and easiest ways to send money to Nigeria from Ethiopia.
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
Alternative for Ethiopia to Nigeria
While you can’t send ETB to NGN with Wise, you can transfer USD to USD.
"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."
"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."
"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."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
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The best way to send money from Ethiopia to Nigeria is using PayPal P2P transfer service.
With P2P transfers, if you and your recipient both have the PayPal app, you can send money between them.
You will initiate the transfer in ETB and your recipient will receive the NGN into their PayPal account.
The downside of this, is that PayPal charges higher fees and the withdrawal options can be limited depending.
How to get the best deal on sending money from Ethiopia to Nigeria
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Ethiopia to Nigeria.
Choose a provider
Select the provider that offers you the best value on buying NGN & service for your needs.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Considerations for money transfers from Ethiopia to Nigeria
Comparing providers offering services between Ethiopia 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 Ethiopian Birr to Nigeria.
This ensures you get the best options for transfers to Nigeria from Ethiopia, based on the amount you want to send.
The cheapest way to send money to Nigeria from Ethiopia is to send cash via Western Union Agent.
Generally speaking, sending cash is more expensive than using the online transfer, however, after looking at 100+ money transfer companies, there aren’t many options servicing ETB/NGN.
The main cost is made up of the fee (around 3 ETB) and the exchange rate markup added on top.
However, this heavily depends on which branch you use, and how much ETB you are sending.
The fastest way to send money to Nigeria from Ethiopia is to use cash transfer via MoneyGram Agent
In most cases cash transfers with MoneyGram are instant, and your recipient will be able to collect NGN in minutes.
However, depending on how much you send, it can take a bit longer (up to a day) due to the processing time.
With the limited number of money transfer companies servicing ETB/NGN, cash transfer with MoneyGram is the fastest way.
Sending large sums of money?
Of the 3 companies tested, Western Union Agent 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 Ethiopia can be expensive.
Western Union Agent is our choice for big transfers to ETB because of all round price, speed and management when making large transfers.
Understanding the cost of moving money from Ethiopia to Nigeria
The total cost of sending money to Nigeria from Ethiopia, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: Currently, the mid-market for ETB-NGN is 9.3049 NGN per Ethiopian Birr.
Finding a company offering an exchange rate closer to this will mean more Naira for your Ethiopian Birr.
The average ETB-NGN mid-market rate for the last 7 days has been 9.3566 NGN per Ethiopian Birr. This includes a high of 9.4043, and low of 9.2569.
Out of the 3 companies compared, Western Union Agent offers the best exchange rates.
The exchange rate you receive on converting ETB to NGN should be the biggest determining cost factor when transferring Ethiopian Birr to Nigeria.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Western Union Agent, cahrges 3 ETB per transfer, which is currently the cheapest option.
Although you should search for your send amount for actual fees.
Amount Received: Money transfer companies will show you the amount of Naira eventually received in Nigeria.
A lower cost of sending from Ethiopia will result in more money received in Nigeria.
Getting best exchange rate for transfers between Ethiopian Birr and Naira
Timing is essential for transferring money between ETB and NGN. The exchange rate you secure impacts how much NGN you get for your ETB.
The recent trends between the currencies are:
Over the past 7 days, the mid-market rate from ETB to NGN has moved slightly. On average, it was 9.3566.
During this same period,there was a high of 9.4043, and a low of 9.2569.
Western Union Agent, which is our recommended service to send money online from Ethiopia to Nigeria offers 8.8644 NGN per ETB which is only 5% above the mid-market rate.
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Payment options for Ethiopia to Nigeria money transfers
Bank transfers
Bank transfers are usually the best and easiest way to send money from Ethiopia to Nigeria.
By using a money transfer company such as Western Union Agent for transfers from Ethiopia to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates than you would get from a traditional bank.
Western Union Agent is the cheapest money transfer company for bank transfers from the 3 we compared for transfers from ETB into Nigeria.
With a fee of 3 ETB to send money from Ethiopia to Nigeria, Western Union Agent offers a strong combination of competitive exchange rates and lower fees.
Debit cards and prepaid options
Sending money from Ethiopia to Nigeria with a debit or a prepaid card is available through Western Union Agent.
Western Union Agent is a one of the cheaper options for debit card payments for transfers from Ethiopia to Nigeria. This cost is against a total of 3 money transfer companies offering this option.
Credit cards
When it comes to international credit card transfers from Ethiopia to Nigeria, we to get the best deal.
Be aware 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.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Ethiopia.
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 Ethiopia to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send ETB to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Related transfer routes
Send money from Ethiopia
Send money to Nigeria
How much money can be transferred from Ethiopia to Nigeria?
Are there any tax implications to sending money from Ethiopia to Nigeria?
Can I send money from Ethiopia to Nigeria with MoneyTransfers.com?
What are the typical transfer fees for sending Ethiopian Birrs to Nigeria through various providers?
How long does it take to send money from Ethiopia to Nigeria?
What is the best exchange rate I can get for sending money from Ethiopia to Nigeria?
Are there any minimum or maximum transfer amounts for sending money from Ethiopia to Nigeria?
Can I schedule regular transfers between Ethiopia and Nigeria?
Tools & resources
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