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Send money from Sweden 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."
"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."
"Card-to-card transfers can be received in just two minutes."
"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."
"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."
HSBCRecipient gets (NGN)₦12,452,426.16Not 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 80,000 SEK to NGN will cost you kr543.96 in fees, and you will receive 13,042,232.23 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 Sweden to Nigeria transfer using Wise.
How to compare deals on Sweden to Nigeria money transfers
- Always compare rates
Don't pay more than you need to. Use our live comparison tool to ensure the best rates on money transfers from Sweden to Nigeria.
- Choose a provider
Select the provider that gives you the best value & service for your needs
- Click, sign up & send
Follow the steps & start your transfer from Sweden. Your funds will be converted to Naira and transferred to Nigeria.
Summary of recent searches
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 7 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: Wise
Data collected through our comparison over the past week shows that Wise is 1.44% cheaper than the second-best option.
The cost is made up of a fee of 543.96 SEK and an exchange rate for buying Naira with Swedish Krona that is -1.99% different to the mid-market rate.
If you want to secure the best rates on a Sweden to Nigeria transfer, Wise offers value. We would still recommend searching for the amount you want to send to Nigeria.
Fastest money transfers from Sweden to Nigeria: Wise.
Based on our recent data, transfer time for a kr80,000 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 Sweden to Nigeria through Wise will cost you 543.96 SEK in fees & small markup.
Wise was one of 7 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, Wise is our best choice for sending from Sweden to Nigeria.
Need to make a large transfer?
Wise is the best option for large transfers of the 7 providers compared.
They offer the best exchange rate for SEK to NGN transfers, meaning you will get the most Nairas (₦13,042,232.23).
While Wise may not always be the cheapest or fastest way to send SEK from Sweden to Nigeria, they have years of experience in larger transfers such as 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 160.1166 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 7 days has seen the Swedish Krona worth an average 160.5108 NGN. Within this there has been a high of 161.7335, and a low of 159.987.
From 7 companies compared, Wise 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. Wise offers the lowest fee of the 7 providers tested, costing 543.96 SEK per transfer (based on kr80,000 transferred).
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 7 days, the interbank rate from SEK to NGN has seen some fluctuation. On average, it has been 160.5108.
During this period, the highest value level was 161.7335, with a low of 159.987.
Wise, which is our recommended service to send money online from Sweden to Nigeria offers an exchange rate that is only -1.99% above the mid-market rate.
Want to secure the best SEK-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 Sweden to Nigeria!
Paying for your Sweden to Nigeria transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Sweden to Nigeria.
By using a money transfer company such as Wise for transfers from Sweden to Nigeria, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the cheapest provider for bank transfers from the 7 we tested when sending SEK to Nigeria.
With a fee of 543.96 SEK to send money from Sweden to Nigeria, Wise offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Sweden to Nigeria with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from Sweden to Nigeria.
Credit cards
Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.
We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
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.
Money transfer company reviews
