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Compare ways to send money from Indonesia to Nigeria

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

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

Transferring the other way? Send NGN from Nigeria to Indonesia instead.
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Overall best way: Revolut

Revolut is our recommended company for transferring Rupiah to Nigeria.

We tested & reviewed 5 transfer providers, and Revolut scored highly.

In the last six months, Revolut appeared in 45.5% of Indonesia to Nigeria searches, and was the top rated company supporting payments Indonesia into Naira.

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

How to get the best deal on your Indonesia to Nigeria money transfer

Summary of recent searches

Top rated for transfers from Indonesia to Nigeria
Revolut
Total number of ID - NG providers
5
Average cheapest fees & rate
Revolut
Average fastest transfer
Revolut
Best for bank transfers
Revolut

Considerations for money transfers from Indonesia to Nigeria

1
Compare providers

Comparing providers offering services between Indonesia and Nigeria, based on your specific needs is the best way to send money with confidence.

Our comparison includes 5 companies that provide the ability to send Rupiah to Nigeria.

This ensures you get the best options for transfers to Nigeria from Indonesia, based on the amount you want to send.

2
Watch the Rupiah-Naira exchange rate
3
Choose the right payment method
4
Use providers regulated in Nigeria and Indonesia
5
Consider transfer limits
6
Receiving money in Nigeria
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Nigeria from Indonesia: Revolut

Revolut combines the lowest fees with the best exchange rate and from the 5 companies compared offers the cheapest transfers to Nigeria from Indonesia.

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

The cost is made up of an average fee of 0* IDR and an exchange rate for buying Naira with Rupiah that is 0.02% different to the mid-market rate.

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

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

Fastest money transfers from Indonesia to Nigeria: Revolut.

Of the 5 money transfer companies tested, Revolut offered the quickest way to send Rupiahs to Nigeria.

Through our comparison, we found Revolut to be the fastest option to transfer money from Indonesia to Naira in 45.5% of instances.

Over the last six months, sending money from Indonesia to Nigeria through Revolut have an average fee of 0 IDR.

Revolut was one of 5 money transfer providers we compared for overall speed of sending money from Indonesia to Nigeria. This speed test included depositing Rupiahs to an account and the average timeframe for sending money to Nigeria.

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

Sending a large amount of money?

For big transfers from Indonesia to Nigeria, competitive pricing & strong customer service are essential.

Of the
5 providers compared, Revolut is the best rated for higher transfer amounts.

Sending large amounts of money can be expensive, and while Revolut may not always be the fastest or cheapest way to send money from Indonesia to Nigeria, it's a great provider for things like buying or selling property.

Understanding the cost of sending money to Nigeria from Indonesia

The cost of sending money from Nigeria to Nigeria, is made-up of a combination of fees and exchange rates:

The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from IDR-NGN is 0.107 NGN per Rupiah.

  • Finding a provider offering an exchange as close to 0.107 as possible will ensure more Naira received when transferring.

  • For context, the IDR-NGN mid-market rate for the past three months has averaged 0.0912 NGN per Rupiah. This includes a high of 0.1032, and low of 0.0764.

  • Revolut currently offers the best exchange rate on transfers from Indonesia to Nigeria.

For the most part the IDR-NGN exchange rate you receive is the biggest factor impacting the cost of sending IDR to Nigeria.

Fees: Outside of exchange rates, you may need to pay a fee to send. Revolut currently offers the lowest fees on transfers to Nigeria from Indonesia, averaging 0 IDR over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.

Amount Received: The amount received in Naira is the amount you started with, minus the amount you paid in the exchange and fees.

The better deal you get on exchanging Rupiahs to NGN, paired with a low fee, means a higher total amount received in Nigeria.

Getting best exchange rate for transfers between Rupiah and Naira

Timing is essential for transferring money between IDR and NGN. The exchange rate you secure impacts how much NGN you get for your IDR.

Mid-market Rate
1
= 0.107046 NGN

The recent trends between the currencies are:

  • Over the past six months, the mid-market rate from IDR to NGN has moved slightly. On average, it was 0.0912.

  • During this same period,there was a high of 0.1032, and a low of 0.0764.

  • Revolut, which is our recommended service to send money online from Indonesia to Nigeria offers an exchange rate that is only 0.02% above the mid-market rate.

Want to secure the best IDR-Naira exchange rates?

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Funding your Indonesia to
Nigeria money transfer

  • Bank transfers

    Bank transfers are often the best and easier way to send money from Indonesia to Nigeria.

    By using a money transfer company such as Revolut for transfers from Indonesia to Nigeria, you can send money via a bank transfer and benefit from lower fees and more favorable exchange rates than would be offered by a bank. 


    On average, Revolut is the cheapest way to send money via a bank transfer. This is of the 5 companies we tested when sending IDR to Nigeria.

    With an average fee of 0 IDR to send money from Indonesia to Nigeria, Revolut offers a decent combination of competitive exchange rates and lower fees.


  • Debit and prepaid cards

    Sending money from Indonesia to Nigeria with a debit or a prepaid card is easy with Wise.


    Wise is a leading money transfer company for debit card payments, and offers transfers from Indonesia to Nigeria.

  • Credit cards

    When it comes to sending money with a credit card from Indonesia to Nigeria, is our top choice of the 5 companies offering this service.

    Keep on top of fees: using a credit card to transfer money can result in a fee being charged by your card issuer. Where possible, we recommend bank transfer or debit card instead.

How we analyze the market

We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Indonesia.


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 Indonesia to Nigeria.


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

How much money can be transferred from Indonesia to Nigeria?
Are there any tax implications to sending money from Indonesia to Nigeria?
Can I send money from Indonesia to Nigeria with MoneyTransfers.com?
What are the typical transfer fees for sending Rupiahs to Nigeria through various providers?
How long does it take to send money from Indonesia to Nigeria?
What is the best exchange rate I can get for sending money from Indonesia to Nigeria?
Are there any minimum or maximum transfer amounts for sending money from Indonesia to Nigeria?
Can I schedule regular transfers between Indonesia and Nigeria?

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.