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Overall best way: WorldRemit
We tested & reviewed 12 transfer providers, and WorldRemit scored highly.
In the last six months, WorldRemit appeared in 68.4% of Portugal to Nigeria searches, and was the top rated company supporting payments Portugal into Naira.
So for a great mix of cost, speed & features, make your Portugal to Nigeria transfer using WorldRemit.
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 12 providers providing services between Portugal and Nigeria. This ensures you will get the best options when sending Naira to Nigeria.
Over the last six months, we’ve picked WorldRemit 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: Revolut
Data collected through our comparison over the past six months shows that Revolut is 0.5% cheaper than the second-best option.
The cost is made up of an average fee of 0* EUR and an exchange rate for buying Naira with Euro that is 0.08% different to the mid-market rate.
If you want to secure the best rates on a Portugal 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 EUR-NGN by Revolut, based on data from the past six months.
Fastest money transfers from Portugal to Nigeria: Paysend.
Through our comparison, we found Paysend to be the fastest option to transfer money from Portugal to Naira in 46.7% of instances.
Over the last six months, sending money from Portugal to Nigeria through Paysend have an average fee of 0 EUR.
Paysend was one of 12 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, Paysend is our best choice for sending from Portugal to Nigeria.
Transfer a large amount of money
WorldRemit is the best rated company for sending large amounts of Naira to Nigeria out of 12 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.
WorldRemit 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 1,767.2713 NGN per Euro.
Finding a provider offering an exchange as close to 1,767.2713 as possible will ensure more Naira received when transferring.
For context, the EUR-NGN mid-market rate for the past three months has averaged 1,711.2909 NGN per Euro. This includes a high of 1,869.6027, and low of 1,397.9988.
Revolut 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. Revolut currently offers the lowest fees on transfers to Nigeria from Portugal, averaging 0 EUR 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 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 six months, here’s what we’ve seen:
The exchange rate from EUR to NGN averaged 1,711.2909 NGN.
The highest value recorded was 1,869.6027 NGN, while the lowest was 1,397.9988 NGN.
There are currently 12 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 Revolut for transfers from Portugal 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, Revolut is the cheapest provider for bank transfers of the 12 we compared for transfers from EUR to Nigeria.
To send money from Portugal to Nigeria, Revolut has an average 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 Instarem.
Instarem is the cheapest option for sending money with a debit card between Portugal and Nigeria. This is of the 12 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card money transfers from Portugal to Nigeria, emerges as our top choice of the 12 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 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
