.svg)
Send money from Portugal to Nigeria
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Card-to-card transfers can be received in just two minutes."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
HSBCRecipient gets (NGN)₦12,126,482.98Not recommended
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
Overall best way: Wise
We tested & reviewed 7 transfer providers, and Wise scored highly.
Sending 7,000 EUR to NGN will cost you €48.04 in fees, and you will receive 12,469,730.65 NGN. The delivery time is within minutes, but it depends on the day you make the transfer.
So for a great mix of cost, speed & features, make your Portugal to Nigeria transfer using Wise.
How to to send from Portugal to Nigeria in the best way
- Always compare rates
Money transfers to Nigeria should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Portugal to Nigeria.
- Choose a provider
Select the provider that offers you the best value on your Euro & service for your needs.
- 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 when sending from Portugal to Nigeria
Comparing money transfer companies with services between Portugal 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 7 providers providing services between Portugal and Nigeria. This ensures you will get the best options when sending Naira to Nigeria.
Over the last 7 days, we’ve picked Wise 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 Portugal.
Cheapest way to send money to Nigeria from Portugal: Profee
Data collected through our comparison over the past week shows that Profee is 0.55% cheaper than the second-best option.
The cost is made up of a fee of 0 EUR and an exchange rate for buying Naira with Euro that is -0.19% different to the mid-market rate.
If you want to secure the best rates on a Portugal to Nigeria transfer, Profee offers value. We would still recommend searching for the amount you want to send to Nigeria.
Fastest money transfers from Portugal to Nigeria: Wise.
Based on our recent data, transfer time for a €7,000 transfer to Nigeria with Wise is within minutes. This can vary by amount and method, but it is a good point of reference.
Sending money from Portugal to Nigeria through Wise will cost you 48.04 EUR in fees & small markup.
Wise was one of 7 money transfer providers we compared for overall speed of sending money from Portugal to Nigeria. This speed test included depositing Euros to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Wise is our best choice for sending from Portugal to Nigeria.
Transfer a large amount of money
Wise is the best rated company for sending large amounts of Naira to Nigeria out of 7 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to Nigeria from Portugal has the potential to be very expensive.
Wise is our choice for big transfers to EUR because of all round price, speed and management when making large transfers.
Understanding the cost of sending money to Nigeria from Portugal
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 EUR-NGN is 1,788.5413 NGN per Euro.
Finding a provider offering an exchange as close to 1,788.5413 as possible will ensure more Naira received when transferring.
For context, the EUR-NGN mid-market rate for the past 7 days has averaged 1,789.6816 NGN per Euro. This includes a high of 1,794.3088, and low of 1,786.0258.
Profee currently offers the best exchange rate on transfers from Portugal to Nigeria.
For the most part the EUR-NGN exchange rate you receive is the biggest factor impacting the cost of sending EUR 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 Portugal. They charge 0 EUR per transfer.
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 Euros to NGN, paired with a low fee, means a higher total amount received in Nigeria.
Finding the best exchange rate for Euro to Naira
Timing is essential for sending money between EUR and NGN. The exchange rate you secure impacts how much NGN you get for your EUR.
Over the last week, here’s what we’ve seen:
The exchange rate from EUR to NGN averaged 1,789.6816 NGN.
The highest value recorded was 1,794.3088 NGN, while the lowest was 1,786.0258 NGN.
There are currently 7 providers offering transfers between Portugal and Nigeria close to this rate
Want to secure the best EUR-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 Portugal to Nigeria!
How to pay for money transfers between Portugal and Nigeria
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Portugal to Nigeria.
Using a money transfer company such as Profee for transfers from Portugal to Nigeria, will mean being able to send money via a bank transfer while benefiting from lower fees and more favorable exchange rates.
On average, Profee is the cheapest provider for bank transfers of the 7 we compared for transfers from EUR to Nigeria.
To send money from Portugal to Nigeria, Profee has a fee of 0 EUR.
Debit cards and prepaid options
Sending money from Portugal 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 Portugal and Nigeria. This is of the 7 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card transfers from Portugal to Nigeria, we recommend comparing your options to get the best deal.
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 Portugal.
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 Portugal to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send EUR 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
