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Overall best way: Payoneer
We tested & reviewed 4 transfer providers, and Payoneer scored highly.
In the last six months, Payoneer appeared in 66.7% of Taiwan to Nigeria searches, and was the top rated company supporting payments Taiwan into Naira.
So for a great mix of cost, speed & features, make your Taiwan to Nigeria transfer using Payoneer.
How to get the best deal on sending money from Taiwan to Nigeria
- 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 Taiwan to Nigeria.
- Choose a provider
Select the provider that offers you the best value on buying NGN & 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
Sending money from Taiwan to Nigeria considerations
A comparison of providers offering services between Taiwan and Nigeria is the easiest way to ensure the best deal.
We've compared 4 providers that offer services for sending New Taiwan Dollar to Nigeria.
This ensures you will get the best options for your transfer to Nigeria from Taiwan.
Whilst we rate Payoneer as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Taiwan to Nigeria.
Cheapest way to send money to Nigeria from Taiwan: Moneycorp
Data collected through our comparison over the past six months shows that Moneycorp is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* TWD and an exchange rate for buying Naira with New Taiwan Dollar that is 2% different to the mid-market rate.
If you want to secure the best rates on a Taiwan to Nigeria transfer, Moneycorp offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to TWD-NGN by Moneycorp, based on data from the past six months.
Fastest money transfers from Taiwan to Nigeria: Moneycorp.
Through our comparison, we found Moneycorp to be the fastest option to transfer money from Taiwan to Naira in 100% of instances.
Over the last six months, sending money from Taiwan to Nigeria through Moneycorp have an average fee of 0 TWD.
Moneycorp was one of 4 money transfer providers we compared for overall speed of sending money from Taiwan to Nigeria. This speed test included depositing New Taiwan Dollars to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Moneycorp is our best choice for sending from Taiwan to Nigeria.
Sending a large amount of money?
Of the 4 providers compared, Payoneer is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Payoneer may not always be the fastest or cheapest way to send money from Taiwan to Nigeria, it's a great provider for things like buying or selling property.
Understanding the cost of money transfers to Nigeria from Taiwan
The total cost of sending money to Nigeria from Taiwan is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for TWD-NGN is 47.603 NGN per New Taiwan Dollar.
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 New Taiwan Dollars.
The TWD-NGN mid-market rate over the last three months has seen the New Taiwan Dollar worth an average 51.2898 NGN. Within this there has been a high of 52.6671, and a low of 49.8242.
From 4 companies compared, Instarem offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting TWD to NGN.
Fees: When sending money there may be additional fees. Moneycorp offers the lowest fee of the 4 providers tested, averaging 0 TWD 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 Taiwan.
Track the exchange rate for New Taiwan Dollar to Naira
Sending money at the right time between TWD and NGN can make a huge difference to overall cost. The exchange rate impacts how much NGN you get for your TWD.
Over the last six months, the average numbers are:
The exchange rate from TWD to NGN averaged 51.2898 NGN.
The highest value recorded was 52.6671 NGN, while the lowest was 49.8242 NGN.
4 providers currently offer transfers between Taiwan and Nigeria close to this rate
Want to secure the best TWD-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 Taiwan to Nigeria!
Payment methods for Taiwan to Nigeria transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Taiwan to Nigeria.
By opting for a money transfer company such as Moneycorp for transfers from Taiwan to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Moneycorp is the cheapest provider for bank transfers from the 4 we tested when sending TWD to Nigeria.
With an average fee of TWD0 to send money from Taiwan to Nigeria, Moneycorp offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from Taiwan to Nigeria is easy with Instarem.
Instarem is a market leader in debit card payments for transfers from Taiwan to Nigeria, this is among a total of 4 money transfer companies compared.
Credit cards transfers
When it comes to sending money with a credit card from Taiwan to Nigeria, Instarem emerges as our top choice of the 4 companies offering this service.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Taiwan.
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 Taiwan to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send TWD 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
