Overall best way: TransferGo
We tested & reviewed 12 transfer providers, and TransferGo scored highly.
In the last six months, TransferGo appeared in 35.5% of Sweden to Nigeria searches, and was the top rated company supporting payments Sweden into Naira.
So for a great mix of cost, speed & features, make your Sweden to Nigeria transfer using TransferGo.
How to compare deals on Sweden to Nigeria money transfers
What to consider ahead of money transfers from Sweden to Nigeria
Comparing based on your specific needs is the best way to send money from Sweden to Nigeria with confidence.
Our analysis, and search results, include 12 providers that operate between Sweden 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 Sweden when you need to send money to Nigeria.
Cheapest way to send money to Nigeria from Sweden: Western Union
Data collected through our comparison over the past six months shows that Western Union is 1.8% cheaper than the second-best option.
The cost is made up of an average fee of 0* SEK and an exchange rate for buying Naira with Swedish Krona that is 2.75% different to the mid-market rate.
If you want to secure the best rates on a Sweden to Nigeria transfer, Western Union offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to SEK-NGN by Western Union, based on data from the past six months.
Fastest money transfers from Sweden to Nigeria: Ria Money Transfer.
Through our comparison, we found Ria Money Transfer to be the fastest option to transfer money from Sweden to Naira in 25% of instances.
Over the last six months, sending money from Sweden to Nigeria through Ria Money Transfer have an average fee of 4 SEK.
Ria Money Transfer was one of 12 money transfer providers we compared for overall speed of sending money from Sweden to Nigeria. This speed test included depositing Swedish Kronas to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Ria Money Transfer is our best choice for sending from Sweden to Nigeria.
Need to make a large transfer?
TransferGo is the best option for large transfers of the 12 providers compared.
While TransferGo may not always be the cheapest or fastest way to send SEK from Sweden to Nigeria, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of money transfers to Nigeria from Sweden
The total cost of sending money to Nigeria from Sweden is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for SEK-NGN is 155.1382 NGN per Swedish Krona.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Naira for your Swedish Kronas.
The SEK-NGN mid-market rate over the last three months has seen the Swedish Krona worth an average 131.1836 NGN. Within this there has been a high of 161.3798, and a low of 105.0299.
From 12 companies compared, Profee offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting SEK to NGN.
Fees: When sending money there may be additional fees. Profee offers the lowest fee of the 12 providers tested, averaging 0 SEK per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Naira eventually received in Nigeria.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Nigeria, means a better overall cost of sending money from Sweden.
Getting the best exchange rate for Swedish Krona to Naira
Tracking the mid-market rate can make a huge difference when sending money SEK to NGN. The exchange rate you secure impacts how much NGN you get for your SEK.
Here's some data on recent trends in the mid-market rate.
Over the past six months, the interbank rate from SEK to NGN has seen some fluctuation. On average, it has been 131.1836.
During this period, the highest value level was 161.3798, with a low of 105.0299.
TransferGo, which is our recommended service to send money online from Sweden to Nigeria offers an exchange rate that is only 0% above the mid-market rate.
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Paying for your Sweden 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 Sweden.
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 Sweden to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send SEK to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.