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Compare ways to send money from Sweden to Nigeria

Find money transfer deals for sending money from Sweden to Nigeria. Compare the cheapest, fastest, and most reliable providers with the best SEK to NGN exchange rates.

Read on for the best deals, expert information, and easiest ways to send money to Nigeria from Sweden.

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Overall best way: TransferGo

TransferGo is our recommended company for transferring Swedish Krona to Nigeria.

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.

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How to compare deals on Sweden to Nigeria money transfers

Summary of recent searches

Top rated for transfers from Sweden to Nigeria
TransferGo
Total number of SE - NG providers
12
Average cheapest fees & rate
Profee
Average fastest transfer
Ria Money Transfer
Average transfer time
Within minutes
Best for bank transfers
Western Union
Best for debit card
Instarem
Best for credit card
Wise

What to consider ahead of money transfers from Sweden to Nigeria

1
Compare providers

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.

2
Understand the Swedish Krona-Naira exchange rate
3
Choose the right payment method
4
Use providers regulated in Sweden and Nigeria
5
Consider transfer limits
6
Receiving money in Nigeria
7
Have your ID ready
8
Don't forget about taxes

Cheapest way to send money to Nigeria from Sweden: Western Union

Western Union combines the lowest fees with the best exchange rate and from the 12 companies compared offers the cheapest transfers to Nigeria from Sweden.

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.

Of the 12 money transfer companies tested, Ria Money Transfer offered the quickest way to send Swedish Kronas to Nigeria.

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?

For big transfers between Sweden and Nigeria, competitive pricing & strong customer service are key.

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.

Mid-market Rate
1
= 155.1382 NGN

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.

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 Western Union 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, Western Union is the cheapest provider for bank transfers from the 12 we tested when sending SEK to Nigeria.

    With an average fee of 0 SEK to send money from Sweden to Nigeria, Western Union 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 Instarem.


    Instarem is a one of the better options in the market for international debit card transfers from Sweden to Nigeria.

  • Credit cards

    For credit card transfers from Sweden to Nigeria, Wise is our top choice of the 12 companies offering this payment method.

    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

How much money can be transferred from Sweden to Nigeria?
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Can I send money from Sweden to Nigeria with MoneyTransfers.com?
What are the typical transfer fees for sending Swedish Kronas to Nigeria through various providers?
How long does it take to send money from Sweden to Nigeria?
What is the best exchange rate I can get for sending money from Sweden to Nigeria?
Are there any minimum or maximum transfer amounts for sending money from Sweden to Nigeria?
Can I schedule regular transfers between Sweden and Nigeria?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.