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Overall best way: TransferGo
We tested & reviewed 13 transfer providers, and TransferGo scored highly.
In the last six months, TransferGo appeared in 54.9% of Norway to Nigeria searches, and was the top rated company supporting payments Norway into Naira.
So for a great mix of cost, speed & features, make your Norway to Nigeria transfer using TransferGo.
How to get the best deal on sending money from Norway 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 Norway to Nigeria.
- Choose a provider
Select the provider that offers you the best value & service for transfers between Norway 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
Considerations for money transfers from Norway to Nigeria
Comparing providers offering services between Norway and Nigeria, based on your specific needs is the best way to send money with confidence.
Our comparison includes 13 companies that provide the ability to send Norwegian Krone to Nigeria.
This ensures you get the best options for transfers to Nigeria from Norway, based on the amount you want to send.
Cheapest way to send money to Nigeria from Norway: HSBC
Data collected through our comparison over the past six months shows that HSBC is 2.2% cheaper than the second-best option.
The cost is made up of an average fee of 0* NOK and an exchange rate for buying Naira with Norwegian Krone that is 3.25% different to the mid-market rate.
If you want to secure the best rates on a Norway to Nigeria transfer, HSBC offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to NOK-NGN by HSBC, based on data from the past six months.
Fastest money transfers from Norway to Nigeria: TransferGo.
Through our comparison, we found TransferGo to be the fastest option to transfer money from Norway to Naira in 63.2% of instances.
Over the last six months, sending money from Norway to Nigeria through TransferGo have an average fee of 0 NOK.
TransferGo was one of 13 money transfer providers we compared for overall speed of sending money from Norway to Nigeria. This speed test included depositing Norwegian Krones to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, TransferGo is our best choice for sending from Norway to Nigeria.
Sending large sums of money?
Of the 13 companies tested, TransferGo 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 Norway can be expensive.
TransferGo is our choice for big transfers to NOK because of all round price, speed and management when making large transfers.
Understanding the cost of sending money to Nigeria from Norway
The cost of sending money from Nigeria to Nigeria, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from NOK-NGN is 151.4999 NGN per Norwegian Krone.
Finding a provider offering an exchange as close to 151.4999 as possible will ensure more Naira received when transferring.
For context, the NOK-NGN mid-market rate for the past three months has averaged 141.785 NGN per Norwegian Krone. This includes a high of 156.3415, and low of 127.1034.
Profee currently offers the best exchange rate on transfers from Norway to Nigeria.
For the most part the NOK-NGN exchange rate you receive is the biggest factor impacting the cost of sending NOK to Nigeria.
Fees: Outside of exchange rates, you may need to pay a fee to send. Profee currently offers the lowest fees on transfers to Nigeria from Norway, averaging 0 NOK over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Naira is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Norwegian Krones to NGN, paired with a low fee, means a higher total amount received in Nigeria.
How to get the best exchange rate for Norwegian Krone to Naira
Getting the best exchange rate essential for sending money between NOK and NGN. The exchange rate you secure impacts how much NGN you get for your NOK.
Here is how the currency has performed recently.
Over the past six months, the mid-market from NOK to NGN has been 141.785.
During this period, the highest value was 156.3415, while the lowest was 127.1034.
TransferGo, which is our recommended choice to send money online from Norway to Nigeria offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best NOK-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 Norway to Nigeria!
How to pay for money transfers between Norway and Nigeria
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Norway to Nigeria.
Using a money transfer company such as HSBC for transfers from Norway 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, HSBC is the cheapest provider for bank transfers of the 13 we compared for transfers from NOK to Nigeria.
To send money from Norway to Nigeria, HSBC has an average fee of 10 NOK.
Debit cards and prepaid options
Sending money from Norway to Nigeria with a debit card or a prepaid card is very simple with Wise.
Wise is the cheapest option for sending money with a debit card between Norway and Nigeria. This is of the 13 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Norway to Nigeria, emerges as our top choice of the 13 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 Norway.
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 Norway to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NOK 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
