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Overall best way: Revolut
We tested & reviewed 4 transfer providers, and Revolut scored highly.
In the last six months, Revolut appeared in 59.4% of Mozambique to Nigeria searches, and was the top rated company supporting payments Mozambique into Naira.
So for a great mix of cost, speed & features, make your Mozambique to Nigeria transfer using Revolut.
How to send money from Mozambique 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 Mozambique.
- 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 when sending from Mozambique to Nigeria
Comparing money transfer companies with services between Mozambique and Nigeria, based on your specific transfer amount and transfer needs, is the best way to send money at the best price.
For this route, we’ve compared 4 providers providing services between Mozambique and Nigeria. This ensures you will get the best options when sending Naira to Nigeria.
Over the last six months, we’ve picked Revolut as the best overall provider. However, comparing based on the amount you want to send to Nigeria will provide a specific provider that’s best for transferring money from Mozambique.
Cheapest way to send money to Nigeria from Mozambique: Revolut
Data collected through our comparison over the past six months shows that Revolut is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* MZN and an exchange rate for buying Naira with Mozambique Metical that is 0.02% different to the mid-market rate.
If you want to secure the best rates on a Mozambique to Nigeria transfer, Revolut offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to MZN-NGN by Revolut, based on data from the past six months.
Fastest money transfers from Mozambique to Nigeria: Revolut.
Through our comparison, we found Revolut to be the fastest option to transfer money from Mozambique to Naira in 56.3% of instances.
Over the last six months, sending money from Mozambique to Nigeria through Revolut have an average fee of 0 MZN.
Revolut was one of 4 money transfer providers we compared for overall speed of sending money from Mozambique to Nigeria. This speed test included depositing Mozambique Meticals to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Revolut is our best choice for sending from Mozambique to Nigeria.
Sending large sums of money?
Of the 4 companies tested, Revolut 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 Mozambique can be expensive.
Revolut is our choice for big transfers to MZN because of all round price, speed and management when making large transfers.
Understanding the cost of sending money from Mozambique to Nigeria
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Mozambique 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 Mozambique Metical. The current MZN-NGN mid-market rate is 26.1888 NGN per Mozambique Metical.
This rate changes regularly so it can pay to track it. For comparison, the MZN-NGN mid-market rate for the past three months has averaged 24.0378 NGN per Mozambique Metical, with a low of 19.8908 and a high of 26.1542.
Revolut is currently offering the best exchange rate from the 4 companies compared.
Often the MZN-NGN exchange rate you pay is the biggest cost factor when transferring Mozambique Meticals 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 Mozambique Metical you’re sending to Nigeria. Revolut currently has the lowest fees for transfers into NGN at an average of 0 MZN over the last 6 months. 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 Mozambique. The bigger the amount received in Nigeria, the lower the overall cost of sending from Mozambique.
Getting the best exchange rate for Mozambique Metical to Naira
Tracking the mid-market rate can make a huge difference when sending money MZN to NGN. The exchange rate you secure impacts how much NGN you get for your MZN.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from MZN to NGN has seen some fluctuation. On average, it has been 24.0378.
During this period, the highest value level was 26.1542, with a low of 19.8908.
Revolut, which is our recommended service to send money online from Mozambique to Nigeria offers an exchange rate that is only 0.02% 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!
Funding your Mozambique to Nigeria money transfer
Bank transfers
Bank transfers are often the best and easier way to send money from Mozambique to Nigeria.
By using a money transfer company such as Revolut for transfers from Mozambique to Nigeria, you can send money via a bank transfer and benefit from lower fees and more favorable exchange rates than would be offered by a bank.
On average, Revolut is the cheapest way to send money via a bank transfer. This is of the 4 companies we tested when sending MZN to Nigeria.
With an average fee of 0 MZN to send money from Mozambique to Nigeria, Revolut offers a decent 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 easy with Instarem.
Instarem is a leading money transfer company for debit card payments, and offers transfers from Mozambique to Nigeria.
Credit cards
When it comes to sending money with a credit card from Mozambique to Nigeria, Instarem is our top choice of the 4 companies offering this service.
Keep on top of fees: using a credit card to transfer money can result in a fee being charged by your card issuer. Where possible, 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
