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Overall best choice: Instarem
We tested & reviewed dozens of money transfer providers, and Instarem scored highly.
Instarem appeared in 100% of Mozambique to Nigeria searches, and was the top rated company out of 1 that support MZN to NGN.
So for a great mix of cost, speed & features, make your Mozambique to Nigeria transfer using Instarem.
How to get the best deal on your Mozambique to Nigeria transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Mozambique to Nigeria.
- Choose a provider
Select the provider that offers you the best value & service for your needs
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Mozambique to Nigeria
Don't settle for the first option. Always compare ways to send money from Mozambique to Nigeria to find out about fees, speed, and reliability.
Our analysis included 1 providers that operate between Mozambique and Nigeria.
Through this, you get a comprehensive view of all the options you have in Mozambique when you need to send money to Nigeria.
Cheapest way to send money to Nigeria from Mozambique: Instarem
Data collected over the past six months shows that Instarem is 0% cheaper than the second-best option.
The MT25.11 transfer cost represents the most common fee for MZN to NGN international transfers, based on data from the past six months.
If you want to secure the best rates on a MZN to Nigeria transfer, make sure you pick Instarem to send your money online.
*The most common fee applied to MZN-NGN by Instarem, based on data from the past six months.
Fastest way to send money from Mozambique to Nigeria: Instarem
Our data shows that Instarem came up as the fastest way to send money from Mozambique to Nigeria in 100% of searches. This makes them well suited to urgent MZN to NGN money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Mozambique to Nigeria - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Instarem is your best choice at the moment. This service emerged as the quickest way to send money to Nigeria from Mozambique in 100% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Instarem.
While Instarem may not always be the cheapest or fastest way to send MZN from Mozambique to Nigeria, it’s the provider that will keep you safe and relaxed while your money moves into NGN.
Understanding the costs involved when moving money from Mozambique to Nigeria
When calculating the costs of money transfers between Mozambique and Nigeria, here's what really matters:
The Mid-Market Rate: Today, the MZN-NGN mid-market rate equals to 22.162222 NGN per Mozambique Metical.
The MZN-NGN average exchange rate for the past three months has been 16.9329 NGN per Mozambique Metical, with a high of 22.3365 and a low of 12.4822.
When looking to send money, we'd recommend Instarem. On average Instarem is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from MZN to NGN.
How to find the best exchange rate for Mozambique Metical to Naira
Timing is essential for sending money between MZN and NGN. The exchange rate you secure impacts how much NGN you get for your MZN.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from MZN to NGN has seen some fluctuation. On average, it stood at 16.9329.
During this period, the highest value recorded was 22.3365, while the lowest was 12.4822.
Instarem, which is our recommended service to send money online from Mozambique to Nigeria offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best MZN-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 Mozambique to Nigeria!
Payment methods available to fund your Mozambique to Nigeria transfer
Bank transfers
Bank transfers are often the default option for sending money from Mozambique to Nigeria.
By using a money transfer company such as Instarem for transfers from Mozambique to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Instarem is the cheapest provider for bank transfers from the 1 we tested when sending MZN to Nigeria.
With an average fee of MZN0 to send money from Mozambique to Nigeria, Instarem offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Mozambique to Nigeria with a debit or a prepaid card is very simple with Instarem.
Instarem is a leader in debit card payments for transfers from Mozambique to Nigeria, competing among a total of 1 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Mozambique to Nigeria, Instarem emerges as our top choice of the 1 companies offering this service.
Fee alert: 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 Mozambique.
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 Mozambique to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MZN 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
