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Send money from Germany 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."
"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."
"Revolut has 50+ million customers globally. You can hold up to 36 currencies in the app and send money quickly in 70+ currencies to 160+ countries."
"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."
"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."
"Card-to-card transfers can be received in just two minutes."
"Sendwave is trusted by over 1 million users across the US, UK, Canada and EU. 24/7 support is available online and via the app."
"Send money to over 40 destinations online and in the mobile app."
"Paysend has transparent fees and rates, with transfer sent within seconds to your recipient's bank. They also have global 24/7 support for any enquiries, and bank-level security."
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 9 transfer providers, and Wise scored highly.
In the last 7 days, Wise appeared in 96.5% of Germany to Nigeria searches, and was the top rated company supporting payments Germany into Naira.
So for a great mix of cost, speed & features, make your Germany to Nigeria transfer using Wise.
How to to send from Germany 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 Germany to Nigeria.
- Choose a provider
Select the provider that offers you the best value on your Euro & 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
Understanding Germany to Nigeria money transfers
Comparing providers when sending money from Germany to Nigeria is the easiest way to make a transfer at the best price.
We’ve compared 9 providers for sending Euro to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Germany.
We rate Wise as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Germany to Nigeria.
Cheapest way to send money to Nigeria from Germany: Wise
Data collected through our comparison over the past week shows that Wise is 0% cheaper than the second-best option.
The cost is made up of an average fee of 12.2* EUR and an exchange rate for buying Naira with Euro that is -5.01% different to the mid-market rate.
If you want to secure the best rates on a Germany 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 EUR-NGN by Wise, based on data from the last 7 days.
Fastest money transfers from Germany to Nigeria: Wise.
Through our comparison, we found Wise to be the fastest option to transfer money from Germany to Naira in 78.9% of instances.
Over the last 7 days, sending money from Germany to Nigeria through Wise have an average fee of 8.97 EUR.
Wise was one of 9 money transfer providers we compared for overall speed of sending money from Germany 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 Germany to Nigeria.
Send large sums of money abroad with Currencies Direct
From the 9 options we compared, Currencies Direct offers the strongest all-round option for large transfers to Nigeria from Germany.
Whatever the reason, sending large sums of money can be expensive if you get a bad exchange rate from Nairas to Naira.
As such, we recommend Currencies Direct for large Nigeria transfers.
Understanding the cost of moving money from Germany to Nigeria
The total cost of sending money to Nigeria from Germany, 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 EUR-NGN is 1,776.1663 NGN per Euro.
Finding a company offering an exchange rate closer to this will mean more Naira for your Euro.
The average EUR-NGN mid-market rate for the last 7 days has been 1,678.0718 NGN per Euro. This includes a high of 1,849.8842, and low of 1,528.8411.
Out of the 9 companies compared, Wise offers the best exchange rates.
The exchange rate you receive on converting EUR to NGN should be the biggest determining cost factor when transferring Euro to Nigeria.
Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Wise, with a fee average of 12.2 EUR per transfer over the last 7 days, offers the lowest fees overall. 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 Germany will result in more money received in Nigeria.
Getting the best exchange rate for Euro to Naira
Tracking the mid-market rate can make a huge difference when sending money EUR to NGN. The exchange rate you secure impacts how much NGN you get for your EUR.
Here's some data on recent trends in the mid-market rate.
Over the past 7 days, the interbank rate from EUR to NGN has seen some fluctuation. On average, it has been 1,678.0718.
During this period, the highest value level was 1,849.8842, with a low of 1,528.8411.
Wise, which is our recommended service to send money online from Germany to Nigeria offers an exchange rate that is only -3.1% 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 Germany to Nigeria!
Payment methods available to fund your Germany to Nigeria transfer
Bank transfers
Bank transfers are often the better option for money transfers from Germany to Nigeria.
Sending money via a bank transfer with a company such as Wise for transfers from Germany to Nigeria allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the best provider for bank transfers of the 9 we tested when sending EUR to Nigeria.
With an average fee of EUR10.25 to send money from Germany to Nigeria, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Germany to Nigeria with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from Germany to Nigeria, competing among a total of 9 active money transfer companies on this route.
Credit cards
When it comes to international credit card transfers from Germany 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 Germany.
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 Germany 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
