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Overall best way: Ria Money Transfer
We tested & reviewed 5 transfer providers, and Ria Money Transfer scored highly.
In the last six months, Ria Money Transfer appeared in 60.5% of Mexico to Nigeria searches, and was the top rated company supporting payments Mexico into Naira.
So for a great mix of cost, speed & features, make your Mexico to Nigeria transfer using Ria Money Transfer.
How to get the best deal on sending money from Mexico to Nigeria
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to get an overall cost of exchange rates and fees when sending money from Mexico to Nigeria.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Mexico and Nigeria.
- 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 Mexico to Nigeria money transfers
Comparing providers when sending money from Mexico to Nigeria is the easiest way to make a transfer at the best price.
We’ve compared 5 providers for sending Mexican Peso to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Mexico.
We rate Ria Money Transfer as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Mexico to Nigeria.
Cheapest way to send money to Nigeria from Mexico: Ria Money Transfer
Data collected through our comparison over the past six months shows that Ria Money Transfer is 3.7% cheaper than the second-best option.
The cost is made up of an average fee of 0* MXN and an exchange rate for buying Naira with Mexican Peso that is 2.8% different to the mid-market rate.
If you want to secure the best rates on a Mexico to Nigeria transfer, Ria Money Transfer offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to MXN-NGN by Ria Money Transfer, based on data from the past six months.
Fastest money transfers from Mexico to Nigeria: Paysend.
Through our comparison, we found Paysend to be the fastest option to transfer money from Mexico to Naira in 39.7% of instances.
Over the last six months, sending money from Mexico to Nigeria through Paysend have an average fee of 0 MXN.
Paysend was one of 5 money transfer providers we compared for overall speed of sending money from Mexico to Nigeria. This speed test included depositing Mexican Pesos to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Paysend is our best choice for sending from Mexico to Nigeria.
Sending large sums of money?
Of the 5 companies tested, Ria Money Transfer is the best rated for larger transfer amounts.
Whether for a property purchase, or as a gift, sending large amounts of money to Nigeria from Mexico can be expensive.
Ria Money Transfer is our choice for big transfers to MXN because of all round price, speed and management when making large transfers.
Understanding the costs involved when transferring money to Nigeria from Mexico
When calculating the cost of sending money from Mexico to Nigeria, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current MXN-NGN mid-market rate is 81.7895 NGN per Mexican Peso. Finding a provider as close to this number as possible will ensure more Naira for your money.
As a comparison, the MXN-NGN mid-market rate for the past three months has averaged 83.6802 NGN per Mexican Peso, hitting a high of 91.8457 and a low of 72.2445.
HSBC is currently offering the best exchange rate on transfers between Mexico and Nigeria.
Often the MXN-NGN exchange rate you receive will be the biggest factor impacting the cost of sending Mexican Peso to Nigeria.
Fees: Transfer fees are charged on top of a transfer. Paysend currently offers lowest fees, at an average of 0 MXN over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Naira is the biggest indicator in the total cost of sending money to Mexico from Nigeria. The higher the total amount received in Nigeria, the lower the cost of sending from Mexico.
The best exchange rate for Mexican Peso to Naira transfers
When sending money between MXN 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 MXN.
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 MXN to NGN has been 83.6802.
During this period, there was a high of 91.8457, and 72.2445 being the lowest point.
Ria Money Transfer, which is our recommended service to send money online from Mexico to Nigeria offers an exchange rate with a 2.8% markup against the mid-market rate.
Want to secure the best MXN-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 Mexico to Nigeria!
How to pay for money transfers between Mexico and Nigeria
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Mexico to Nigeria.
Using a money transfer company such as Ria Money Transfer for transfers from Mexico to Nigeria, will mean being able to send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Ria Money Transfer is the cheapest provider for bank transfers of the 5 we compared for transfers from MXN to Nigeria.
To send money from Mexico to Nigeria, Ria Money Transfer has an average fee of 4 MXN.
Debit cards and prepaid options
Sending money from Mexico to Nigeria with a debit card or a prepaid card is very simple with Instarem.
Instarem is the cheapest option for sending money with a debit card between Mexico and Nigeria. This is of the 5 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Mexico to Nigeria, Instarem emerges as our top choice of the 5 companies offering this service.
Be aware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. That's why 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 Mexico.
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 Mexico to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MXN 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
