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Compare ways to send money from Mexico to Nigeria

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

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

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Companies for transfers from Mexico to Nigeria

"Ria Money Transfer has over 35 yeas of trusted experience. Send money online to over 190 countries, and to over 500,000 pickup locations."

Fees
$1 - $10
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
2 - 3%

"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."

Fees
None
Transfer Speed
Minutes - 24 hours
Exchange Rate Markup
1 - 3%

Overall best way: Ria Money Transfer

Ria Money Transfer is our recommended company for transferring Mexican Peso to Nigeria.

We tested & reviewed 5 transfer providers, and Ria Money Transfer scored highly.

In the last six months, Ria Money Transfer appeared in 97.3% 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

Summary of recent searches

Top rated for transfers from Mexico to Nigeria
Ria Money Transfer
Total number of MX - NG providers
5
Average cheapest fees & rate
Paysend
Average fastest transfer
Ria Money Transfer
Average transfer time
Within minutes
Best for bank transfers
Ria Money Transfer
Best for debit card
Instarem
Best for credit card
Instarem

Understanding Mexico to Nigeria money transfers

1
Comparing providers

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.

2
Get ahead of the Mexican Peso-Naira exchange rate
3
Choosing the right payment method
4
Financial regulators in Mexico and Nigeria
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 Mexico: Ria Money Transfer

Ria Money Transfer combines the lowest fees with the best exchange rate and from the 5 companies compared offers the cheapest transfers to Nigeria from Mexico.

Data collected through our comparison over the past six months shows that Ria Money Transfer is 0% 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: Ria Money Transfer.

Of the 5 money transfer companies tested, Ria Money Transfer offered the quickest way to send Mexican Pesos to Nigeria.

Through our comparison, we found Ria Money Transfer to be the fastest option to transfer money from Mexico to Naira in 63.2% of instances.

Over the last six months, sending money from Mexico to Nigeria through Ria Money Transfer have an average fee of 4 MXN.

Ria Money Transfer 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, Ria Money Transfer is our best choice for sending from Mexico to Nigeria.

Sending large sums of money?

For transferring a bigger sum of money to Nigeria from Mexico, we’d recommend using a provider that can offer a hands-on approach.

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 75.9488 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 83.4416 NGN per Mexican Peso, hitting a high of 91.8457 and a low of 78.2208.

  • Paysend 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.

Mid-market Rate
1
= 75.948836 NGN

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 83.4416.

  • During this period, there was a high of 91.8457, and 78.2208 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

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How long does it take to send money from Mexico to Nigeria?
What is the best exchange rate I can get for sending money from Mexico to Nigeria?
Are there any minimum or maximum transfer amounts for sending money from Mexico to Nigeria?
Can I schedule regular transfers between Mexico 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.