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Send money from Tanzania to Nigeria
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
Alternative for Tanzania to Nigeria
While you can’t send TZS to NGN with Wise, you can transfer USD to USD.
"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."
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.
The best way to send money from Tanzania to Nigeria is using PayPal P2P transfer service.
With P2P transfers, if you and your recipient both have the PayPal app, you can send money between them.
You will initiate the transfer in TZS and your recipient will receive the NGN into their PayPal account.
The downside of this, is that PayPal charges higher fees and the withdrawal options can be limited depending.
How to to send from Tanzania to Nigeria in the best way
Always compare rates
Money transfers to Nigeria should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Tanzania to Nigeria.
Choose a provider
Select the provider that offers you the best value on your Tanzanian Shilling & service for your needs.
Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Nigeria.
Summary of recent searches
Considerations for money transfers from Tanzania to Nigeria
Compare providers
Comparing providers offering services between Tanzania and Nigeria, based on your specific needs is the best way to send money with confidence.
Our comparison includes 3 companies that provide the ability to send Tanzanian Shilling to Nigeria.
This ensures you get the best options for transfers to Nigeria from Tanzania, based on the amount you want to send.
Watch the Tanzanian Shilling-Naira exchange rate
Choose the right payment method
Use providers regulated in Nigeria and Tanzania
Consider transfer limits
Receiving money in Nigeria
Have your ID ready
Tax declarations
The cheapest way to send money to Nigeria from Tanzania is to send cash via Western Union Agent.
Generally speaking, sending cash is more expensive than using the online transfer, however, after looking at 100+ money transfer companies, there aren’t many options servicing TZS/NGN.
The main cost is made up of the fee (around 3 TZS) and the exchange rate markup added on top.
However, this heavily depends on which branch you use, and how much TZS you are sending.
The fastest way to send money to Nigeria from Tanzania is to use cash transfer via MoneyGram Agent
In most cases cash transfers with MoneyGram are instant, and your recipient will be able to collect NGN in minutes.
However, depending on how much you send, it can take a bit longer (up to a day) due to the processing time.
With the limited number of money transfer companies servicing TZS/NGN, cash transfer with MoneyGram is the fastest way.
Sending large sums of money?
Of the 3 companies tested, Western Union Agent is the best rated for larger transfer amounts.
Whether for a property purchase, or as a gift, sending large amounts of money to Nigeria from Tanzania can be expensive.
Western Union Agent is our choice for big transfers to TZS because of all round price, speed and management when making large transfers.
Understanding the cost of money transfers to Nigeria from Tanzania
The total cost of sending money to Nigeria from Tanzania is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for TZS-NGN is 0.5911 NGN per Tanzanian Shilling.
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 Tanzanian Shillings.
The TZS-NGN mid-market rate over the last 7 days has seen the Tanzanian Shilling worth an average 0.5935 NGN. Within this there has been a high of 0.5995, and a low of 0.5884.
From 3 companies compared, Western Union Agent offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting TZS to NGN.
Fees: When sending money there may be additional fees. Western Union Agent offers the lowest fee of the 3 providers tested, costing 3 TZS per transfer (based on TSh613,300 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 Tanzania.
Finding the best exchange rate for Tanzanian Shilling to Naira
Timing is essential for sending money between TZS and NGN. The exchange rate you secure impacts how much NGN you get for your TZS.
Over the last week, here’s what we’ve seen:
The exchange rate from TZS to NGN averaged 0.5935 NGN.
The highest value recorded was 0.5995 NGN, while the lowest was 0.5884 NGN.
There are currently 3 providers offering transfers between Tanzania and Nigeria close to this rate
Want to secure the best TZS-Naira exchange rates?
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How to pay for money transfers between Tanzania and Nigeria
Bank transfers
Bank transfers are often fastest, cheapest and best way to send money from Tanzania to Nigeria.
Using a money transfer company such as Western Union Agent for transfers from Tanzania to Nigeria, will mean being able to send money via a bank transfer while benefiting from lower fees and more favorable exchange rates.
On average, Western Union Agent is the cheapest provider for bank transfers of the 3 we compared for transfers from TZS to Nigeria.
To send money from Tanzania to Nigeria, Western Union Agent has a fee of 3 TZS.
Debit cards and prepaid options
Sending money from Tanzania to Nigeria with a debit card or a prepaid card is very simple with Western Union Agent.
Western Union Agent is the cheapest option for sending money with a debit card between Tanzania and Nigeria. This is of the 3 money transfer companies offering debit card payments on this route.
Credit cards
When it comes to credit card transfers from Tanzania to Nigeria, we recommend comparing your options to get the best deal.
Be aware of fees: 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 Tanzania.
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 Tanzania to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send TZS to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
