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Overall best way: Instarem
We tested & reviewed 5 transfer providers, and Instarem scored highly.
In the last six months, Instarem appeared in 50% of Georgia to Nigeria searches, and was the top rated company supporting payments Georgia into Naira.
So for a great mix of cost, speed & features, make your Georgia to Nigeria transfer using Instarem.
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How to compare deals on Georgia to Nigeria money transfers
Considerations when sending from Georgia to Nigeria
Comparing money transfer companies with services between Georgia 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 5 providers providing services between Georgia and Nigeria. This ensures you will get the best options when sending Naira to Nigeria.
Over the last six months, we’ve picked Instarem 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 Georgia.
Cheapest way to send money to Nigeria from Georgia: Wise
Data collected through our comparison over the past six months shows that Wise is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* GEL and an exchange rate for buying Naira with Lari that is -3.54% different to the mid-market rate.
If you want to secure the best rates on a Georgia to Nigeria transfer, Wise offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to GEL-NGN by Wise, based on data from the past six months.
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Fastest money transfers from Georgia to Nigeria: Instarem.
Through our comparison, we found Instarem to be the fastest option to transfer money from Georgia to Naira in 100% of instances.
Over the last six months, sending money from Georgia to Nigeria through Instarem have an average fee of 0 GEL.
Instarem was one of 5 money transfer providers we compared for overall speed of sending money from Georgia to Nigeria. This speed test included depositing Laris to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Instarem is our best choice for sending from Georgia to Nigeria.
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Sending a large amount of money?
Of the 5 providers compared, Instarem is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Instarem may not always be the fastest or cheapest way to send money from Georgia to Nigeria, it's a great provider for things like buying or selling property.
Understanding the cost of transferring money to Nigeria from Georgia
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 GEL-NGN mid-market rate is 535.7828 NGN per Lari. You will get more Naira for your Laris if you find a provider close to this number.
For context, over the last three months the GEL-NGN mid-market rate has had a high of 619.0655, a low of 534.236 and averaged 577.1863 NGN per Lari.
Across the 5 companies compared, the best exchange rate is with Instarem.
Unless fees are unusually high, the exchange rate you receive on converting GEL to NGN will be the biggest determining factor when working out the cost of transferring Laris to Nigeria.
Fees: Transfer fees are charged as part of the transfer. Instarem at an average of 0 GEL per transfer over the last 6 months, offers the lowest fees overall. 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 Georgia will result in more money received in Nigeria.
The best exchange rate for Lari to Naira transfers
When sending money between GEL 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 GEL.
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 GEL to NGN has been 577.1863.
During this period, there was a high of 619.0655, and 534.236 being the lowest point.
Instarem, which is our recommended service to send money online from Georgia to Nigeria offers an exchange rate with a 3.32% markup against the mid-market rate.
Want to secure the best GEL-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 Georgia to Nigeria!
Payment options for Georgia to Nigeria money transfers
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Georgia.
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 Georgia to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GEL 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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