How to send money to Nigeria from Japan with the best JPY-NGN rate
Find money transfer deals for sending money from Japan to Nigeria. Compare the cheapest, fastest, and most reliable providers with the best JPY to NGN exchange rates.
Read on for the best deals, expert information, and easiest ways to send money to Nigeria from Japan.
"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."
"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."
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Best recommended: Wise
Of the 3 money transfer providers tested and reviewed, Wise will get you the most NGN (9,404,308.53) based on our 7-day analysis.
Wise appeared in 100% of Japan to Nigeria searches, and was the top rated company supporting JPY to NGN transfers.
How to send money from Japan to Nigeria
Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you get the best rates on converting into Naira from Japan.
Choose a provider
Select the provider offering the best way to send to Nigeria based on your needs.
Click, sign up & send
Follow the steps & make your transfer. Your Naira will soon be on their way to Nigeria.
Summary of recent searches
Considerations for sending money from Japan to Nigeria
Always compare ways to send money from Japan to Nigeria to get the best options for fees, speed, and reliability.
Our analysis included 3 providers that operate between Japan and Nigeria.
Through this, you get a comprehensive view of all the options you have in Japan when you need to send money to Nigeria.
Cheapest way to transfer money from Japan to Nigeria: Wise
Our data shows that Wise is 1.75% cheaper than the second-best option.
The company offers an average fee of 9,323* JPY and an average exchange rate between JPY and NGN that is -2.4% different from the mid-market rate.
For a cheap way to send JPY to Nigeria, Wise is a great all round choice.
*The most common fee applied to JPY-NGN by Wise, based on data from the past 7 days.
Fastest way to send money to Nigeria from Japan: Wise
Our comparison shows that Wise is the fastest option for sending Yen into Naira 100% of the time.
With Wise, the average transfer time is: within an hour (based on a 7-day average ).
A JPY-Naira transfer through Wise comes with an average 9,323 JPY fee.
This comparison is based on the overall speed of sending 1,000,000 JPY to Nigeria and is a combination of depositing Yen, transfer times to Nigeria and withdrawal timeframes, where applicable.
When speed is a priority, Wise is the top choice for sending into Nigeria from Japan.
The best apps to send JPY to Nigeria from Japan
Most money transfer companies have apps you can use to send money abroad.
We've compared and analyzed over 3 apps & companies for JPY/NGN transfers and these are the best apps we found. All these apps are available on iOS and Android for free.
Send large sums of money
Wise offers the strongest all round option for large transfers of the 3 money transfer companies compared.
Whether for business or a property purchase, sending large amounts of money can be expensive if you get a bad exchange rate from Naira to Naira.
As such, opt for Wise for sending large sums of money to Nigeria from Japan.
Pick the right payment method when sending money to Nigeria from Japan
When sending money to Nigeria from Japan, it is important to consider your needs and the payment method you will be using. Some payment methods can be faster but will cost more, while others might have lower fees but get you more NGN.
Below is the data from our search results from the past week. It is based on ¥1,000,000 transfer to Nigeria from Japan.
Overall best way to send money to Nigeria from Japan
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | Wise (appeared 1 times last week) | 9.4928 (-2.4% markup) | 9323 | 9,404,308.53 NGN |
Bank transfer deposit | Wise (appeared in 100% of the searches last week) | 9.4928 (-2.4% markup) | 9323 | 9,404,308.53 NGN |
Debit card deposit | (appeared /7 times in the past 7 days) | (% markup) | 0 NGN |
Cheapest money transfer companies to send money to Nigeria from Japan
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | Wise (appeared 1 times last week) | 9.4928 (-2.4% markup) | 9323 | 9,404,308.53 NGN |
Bank transfer deposit | Wise (appeared in 100% of the searches last week) | 9.4928 (-2.4% markup) | 9323 | 9,404,308.53 NGN |
Debit card deposit | (appeared /7 times in the past 7 days) | (% markup) | 0 NGN |
Money transfer companies with the lowest JPY fees
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | Panda Remit (appeared 1 times last week) | 9.2398 (0.3% markup) | 4 | 9,239,733.32 NGN |
Bank transfer deposit | Panda Remit (appeared in 100% of the searches last week) | 9.2398 (0.3% markup) | 4 | 9,239,733.32 NGN |
Debit card deposit | (appeared /7 times in the past 7 days) | (% markup) | 0 NGN |
Fastest money transfer companies to send money to Nigeria from Japan
Funding method | Provider | FX Rate & Markup | Transfer Fee | NGN Received |
|---|---|---|---|---|
Overall best | Wise (appeared 1 times last week) | 9.4928 (-2.4% markup) | 9323 | 9,404,308.53 NGN |
Bank transfer deposit | Wise (appeared in 100% of the searches last week) | 9.4928 (-2.4% markup) | 9323 | 9,404,308.53 NGN |
Debit card deposit | (appeared /7 times in the past 7 days) | (% markup) | 0 NGN |
We recommend avoiding the following companies, as they are the most expensive for transfers from Japan to Nigeria:
Overall most expensive option: Revolut. It will cost you ¥3,000 to send money to Nigeria, and your recipient will get 9,221,290.74 NGN.
Most expensive for bank transfer deposits: Revolut. It will cost you ¥3,000 to send money to Nigeria, and your recipient will get 9,221,290.74 NGN.
Most expensive for debit card deposits: . It will cost you ¥0 to send money to Nigeria, and your recipient will get 0 NGN.
Understanding the cost of sending money from Japan to Nigeria
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Japan to Nigeria.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Naira for your Yen. The current JPY-NGN mid-market rate is 9.3361 NGN per Yen.
This rate changes regularly so it can pay to track it. For comparison, the JPY-NGN mid-market rate for the past 7 days has averaged 9.3168 NGN per Yen, with a low of 9.2673 and a high of 9.3762.
Wise is currently offering the best exchange rate from the 3 companies compared.
Often the JPY-NGN exchange rate you pay is the biggest cost factor when transferring Yens to Nigeria.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Yen you’re sending to Nigeria. Wise currently has the lowest fees for transfers into NGN at an average of 9,323 JPY over the last week. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Naira is the biggest indicator of the total cost of sending money to Nigeria from Japan. The bigger the amount received in Nigeria, the lower the overall cost of sending from Japan.
How to find the best exchange rate for Yen to Naira
Timing is essential for sending money between JPY and NGN. The exchange rate you secure impacts how much NGN you get for your JPY.
Let's dive into some interesting recent trends.
In the last 7 days, the exchange rate from JPY to NGN has seen some fluctuation. On average, it stood at 9.3168.
During this period, the highest value recorded was 9.3762, while the lowest was 9.2673.
Wise, which is our recommended service to send money online from Japan to Nigeria offers an exchange rate that is only -2.4% above the mid-market rate.
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Payment methods for Japan to Nigeria transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Japan to Nigeria.
By opting for a money transfer company such as Wise for transfers from Japan to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 3 we tested when sending JPY to Nigeria.
With an average fee of JPY9,323 to send money from Japan to Nigeria, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from Japan to Nigeria is easy with .
is a market leader in debit card payments for transfers from Japan to Nigeria, this is among a total of 3 money transfer companies compared.
Credit card transfers
When it comes to credit card transfers from Japan to Nigeria, we to get the best deal as not many companies offer direct credit card deposits.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Japan.
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 Japan to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send JPY to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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Can I send money from Japan to Nigeria with MoneyTransfers.com?
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How long does it take to send money from Japan to Nigeria?
What is the best exchange rate I can get for sending money from Japan to Nigeria?
Are there any minimum or maximum transfer amounts for sending money from Japan to Nigeria?
Can I schedule regular transfers between Japan and Nigeria?
Tools & resources
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