Overall best way: WorldRemit
We tested & reviewed 7 transfer providers, and WorldRemit scored highly.
In the last six months, WorldRemit appeared in 65.4% of New Zealand to Nigeria searches, and was the top rated company supporting payments New Zealand into Naira.
So for a great mix of cost, speed & features, make your New Zealand to Nigeria transfer using WorldRemit.
How to compare deals on New Zealand to Nigeria money transfers
What to consider ahead of money transfers from New Zealand to Nigeria
Comparing based on your specific needs is the best way to send money from New Zealand to Nigeria with confidence.
Our analysis, and search results, include 7 providers that operate between New Zealand and Nigeria. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in New Zealand when you need to send money to Nigeria.
Cheapest way to send money to Nigeria from New Zealand: 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* NZD and an exchange rate for buying Naira with New Zealand Dollar that is 0.08% different to the mid-market rate.
If you want to secure the best rates on a New Zealand 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 NZD-NGN by Revolut, based on data from the past six months.
Fastest money transfers from New Zealand to Nigeria: WorldRemit.
Through our comparison, we found WorldRemit to be the fastest option to transfer money from New Zealand to Naira in 52.5% of instances.
Over the last six months, sending money from New Zealand to Nigeria through WorldRemit have an average fee of 2.99 NZD.
WorldRemit was one of 7 money transfer providers we compared for overall speed of sending money from New Zealand to Nigeria. This speed test included depositing New Zealand Dollars to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, WorldRemit is our best choice for sending from New Zealand to Nigeria.
Transfer a large amount of money
WorldRemit is the strongest option for large transfers of the 7 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from New Zealand to Nigeria can become expensive through your bank or with the wrong provider.
Our data shows WorldRemit as the best choice for sending large sums of money to Nigeria from New Zealand.
Understanding the cost of sending money from New Zealand to Nigeria
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from New Zealand 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 New Zealand Dollar. The current NZD-NGN mid-market rate is 982.5365 NGN per New Zealand Dollar.
This rate changes regularly so it can pay to track it. For comparison, the NZD-NGN mid-market rate for the past three months has averaged 954.5287 NGN per New Zealand Dollar, with a low of 845.3624 and a high of 1,022.1988.
Revolut is currently offering the best exchange rate from the 7 companies compared.
Often the NZD-NGN exchange rate you pay is the biggest cost factor when transferring New Zealand Dollars 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 New Zealand Dollar you’re sending to Nigeria. Revolut currently has the lowest fees for transfers into NGN at an average of 0 NZD 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 New Zealand. The bigger the amount received in Nigeria, the lower the overall cost of sending from New Zealand.
Getting best exchange rate for sending New Zealand Dollar to Naira
Timing is essential when tracking the mid-market rate between NZD and NGN. The end exchange rate you secure impacts how much NGN you get for your NZD.
The recent mid-market rate trends are:
Over the past six months, the mid-market rate from NZD to NGN was 954.5287.
During this period, it hit a high of 1,022.1988, and a low of 845.3624.
WorldRemit, which is our recommended service to send money online from New Zealand to Nigeria offers an exchange rate that is only 4.36% above the mid-market rate.
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Paying for your New Zealand to Nigeria transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and New Zealand.
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 New Zealand to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NZD to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.