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"Most transfers are instant or same-day. Customers can earn rewards on every transaction."
"Most transfers are instant or same-day. Customers can earn rewards on every transaction."
"Most transfers are instant or same-day. Customers can earn rewards on every transaction."
Overall best way: Instarem
We tested & reviewed 4 transfer providers, and Instarem scored highly.
In the last six months, Instarem appeared in 35.7% of Liberia to Nigeria searches, and was the top rated company supporting payments Liberia into Naira.
So for a great mix of cost, speed & features, make your Liberia to Nigeria transfer using Instarem.
How to to send from Liberia 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 Liberia to Nigeria.
- Choose a provider
Select the provider that offers you the best value on your Liberian Dollar & 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 Liberia to Nigeria money transfers
Comparing providers when sending money from Liberia to Nigeria is the easiest way to make a transfer at the best price.
We’ve compared 4 providers for sending Liberian Dollar to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Liberia.
We rate Instarem as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Liberia to Nigeria.
Cheapest way to send money to Nigeria from Liberia: 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* LRD and an exchange rate for buying Naira with Liberian Dollar that is -2.03% different to the mid-market rate.
If you want to secure the best rates on a Liberia 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 LRD-NGN by Wise, based on data from the past six months.
Fastest money transfers from Liberia to Nigeria: Instarem.
Through our comparison, we found Instarem to be the fastest option to transfer money from Liberia to Naira in 35.7% of instances.
Over the last six months, sending money from Liberia to Nigeria through Instarem have an average fee of 0 LRD.
Instarem was one of 4 money transfer providers we compared for overall speed of sending money from Liberia to Nigeria. This speed test included depositing Liberian Dollars 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 Liberia to Nigeria.
Sending large amounts of money
Of the 4 companies compared, Instarem has the strongest option for large transfers from Liberia to Nigeria.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Liberian Dollar to Naira.
The Instarem rate makes them great for large transfers between Nigeria and Liberia.
Understanding the cost of transferring money to Nigeria from Liberia
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 LRD-NGN mid-market rate is 9.2733 NGN per Liberian Dollar. You will get more Naira for your Liberian Dollars if you find a provider close to this number.
For context, over the last three months the LRD-NGN mid-market rate has had a high of 9.3257, a low of 6.8792 and averaged 8.1678 NGN per Liberian Dollar.
Across the 4 companies compared, the best exchange rate is with Instarem.
Unless fees are unusually high, the exchange rate you receive on converting LRD to NGN will be the biggest determining factor when working out the cost of transferring Liberian Dollars to Nigeria.
Fees: Transfer fees are charged as part of the transfer. Instarem at an average of 0 LRD 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 Liberia will result in more money received in Nigeria.
Track the exchange rate for Liberian Dollar to Naira
Sending money at the right time between LRD and NGN can make a huge difference to overall cost. The exchange rate impacts how much NGN you get for your LRD.
Over the last six months, the average numbers are:
The exchange rate from LRD to NGN averaged 8.1678 NGN.
The highest value recorded was 9.3257 NGN, while the lowest was 6.8792 NGN.
4 providers currently offer transfers between Liberia and Nigeria close to this rate
Want to secure the best LRD-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 Liberia to Nigeria!
Payment methods available to fund your Liberia to Nigeria transfer
Bank transfers
Bank transfers are often the better option for money transfers from Liberia to Nigeria.
Sending money via a bank transfer with a company such as Wise for transfers from Liberia 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 4 we tested when sending LRD to Nigeria.
With an average fee of LRD29.38 to send money from Liberia to Nigeria, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Liberia to Nigeria with a prepaid or a debit card is very simple with Instarem.
Instarem is a leader in card payments for transfers from Liberia to Nigeria, competing among a total of 4 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from Liberia to Nigeria, Instarem emerges as our top choice of the 4 companies offering this service.
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 Liberia.
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 Liberia to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send LRD 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
