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Overall best choice: Instarem
We tested & reviewed dozens of money transfer providers, and Instarem scored highly.
Instarem appeared in 91.7% of Russia to Nigeria searches, and was the top rated company out of 2 that support RUB to NGN.
So for a great mix of cost, speed & features, make your Russia to Nigeria transfer using Instarem.
How to get the best deal on your Russia to Nigeria transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure you aren't missing the best rates to send money from Russia to Nigeria.
- Choose a provider
Select the provider that offers you the best value & service for your needs
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to your chosen country & currency.
Summary of recent searches
Important things to consider before sending money from Russia to Nigeria
Don't settle for the first option. Always compare ways to send money from Russia to Nigeria to find out about fees, speed, and reliability.
Our analysis included 2 providers that operate between Russia and Nigeria.
Through this, you get a comprehensive view of all the options you have in Russia when you need to send money to Nigeria.
Cheapest way to send money to Nigeria from Russia: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
The ₽81.75 transfer cost represents the most common fee for RUB to NGN international transfers, based on data from the past six months.
If you want to secure the best rates on a RUB to Nigeria transfer, make sure you pick Wise to send your money online.
*The most common fee applied to RUB-NGN by Wise, based on data from the past six months.
Fastest way to send money from Russia to Nigeria: Instarem
Our data shows that Instarem came up as the fastest way to send money from Russia to Nigeria in 90.5% of searches. This makes them well suited to urgent RUB to NGN money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Russia to Nigeria - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Instarem is your best choice at the moment. This service emerged as the quickest way to send money to Nigeria from Russia in 90.5% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Instarem.
While Instarem may not always be the cheapest or fastest way to send RUB from Russia to Nigeria, it’s the provider that will keep you safe and relaxed while your money moves into NGN.
Understanding the costs involved when moving money from Russia to Nigeria
When calculating the costs of money transfers between Russia and Nigeria, here's what really matters:
The Mid-Market Rate: Today, the RUB-NGN mid-market rate equals to 14.876565 NGN per Russian Ruble.
The RUB-NGN average exchange rate for the past three months has been 11.2046 NGN per Russian Ruble, with a high of 17.8766 and a low of 7.8811.
When looking to send money, we'd recommend Instarem. On average Instarem is 0% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from RUB to NGN.
How to find the best exchange rate for Russian Ruble to Naira
Timing is essential for sending money between RUB and NGN. The exchange rate you secure impacts how much NGN you get for your RUB.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from RUB to NGN has seen some fluctuation. On average, it stood at 11.2046.
During this period, the highest value recorded was 17.8766, while the lowest was 7.8811.
Instarem, which is our recommended service to send money online from Russia to Nigeria offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best RUB-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 Russia to Nigeria!
Payment methods available to fund your Russia to Nigeria transfer
Bank transfers
Bank transfers are often the default option for sending money from Russia to Nigeria.
By using a money transfer company such as Wise for transfers from Russia to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 2 we tested when sending RUB to Nigeria.
With an average fee of RUB6.44 to send money from Russia to Nigeria, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Russia to Nigeria with a debit or a prepaid card is very simple with Instarem.
Instarem is a leader in debit card payments for transfers from Russia to Nigeria, competing among a total of 2 active money transfer companies on this route.
Credit cards
When it comes to credit card transfers from Russia to Nigeria, Instarem emerges as our top choice of the 2 companies offering this service.
Fee alert: 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 Russia.
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 Russia to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send RUB 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
