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Overall best choice: Instarem
We tested & reviewed dozens of money transfer providers, and Instarem scored highly.
Instarem appeared in 83.3% of Turkey to Nigeria searches, and was the top rated company out of 2 that support TRY to NGN.
So for a great mix of cost, speed & features, make your Turkey to Nigeria transfer using Instarem.
How to get the best deal on your Turkey to Nigeria transfer
Summary of recent searches
Important things to consider before sending money from Turkey to Nigeria
Don't settle for the first option. Always compare ways to send money from Turkey to Nigeria to find out about fees, speed, and reliability.
Our analysis included 2 providers that operate between Turkey and Nigeria.
Through this, you get a comprehensive view of all the options you have in Turkey when you need to send money to Nigeria.
Cheapest way to send money to Nigeria from Turkey: Wise
Data collected over the past six months show that Wise is 0% cheaper than the second-best option.
The ₺44.69 transfer cost represents the most common fee for TRY to NGN international transfers, based on data from the past six months.
If you want to secure the best rates on a TRY to Nigeria transfer, make sure you pick Wise to send your money online.
*The most common fee applied to TRY-NGN by Wise, based on data from the past six months.
Fastest way to send money from Turkey to Nigeria: Instarem
Our data shows that Instarem came up as the fastest way to send money from Turkey to Nigeria in 83.3% of searches. This makes them well suited to urgent TRY to NGN money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Turkey to Nigeria - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
When speed matters, Instarem is your best choice at the moment. This service emerged as the quickest way to send money to Nigeria from Turkey in 83.3% of the searches on MoneyTransfers.com over the past six months.
Need to send over $10,000?
Opt for a service proven with large transfers when size matters. For transfers over $10,000, your best bet is Instarem.
While Instarem may not always be the cheapest or fastest way to send TRY from Turkey to Nigeria, it’s the provider that will keep you safe and relaxed while your money moves into NGN.
Understanding the costs involved when moving money from Turkey to Nigeria
When calculating the costs of money transfers between Turkey and Nigeria, here's what really matters:
The Mid-Market Rate: Today, the TRY-NGN mid-market rate equals to 34.108751 NGN per Turkish Lira. Keep in mind that this rate fluctuates all the time.
The TRY-NGN average exchange rate of the past three months has been 33.4449 NGN per Turkish Lira, with a high of 49.9882 and a low of 27.147.
Fees and Markups: That's where Instarem shines, combining the best of both worlds: excellent TRY to NGN rates that are only 0.41% away from the average.
How to find the best exchange rate for Turkish Lira to Naira
Timing is essential sending money between TRY and NGN. The exchange rate you secure impacts how much NGN you get for your TRY.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from TRY to NGN has seen some fluctuation. On average, it stood at 33.4449.
During this period, the highest value recorded was 49.9882, while the lowest was 27.147.
Instarem, which is our recommended service to send money online from Turkey to Nigeria offers an exchange rate that is only 0.41% above the mid-market rate.
Want to secure the best TRY-Naira exchange rates?
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Payment methods available to fund your Turkey to Nigeria transfer
Bank transfers
Bank transfers are often the default option for sending money from Turkey to Nigeria.
By using a money transfer company such as Wise for transfers from Turkey to Nigeria, you can send money via a bank transfer while benefitting from lower fees and more favorable exchange rates.
On average, Wise is the cheapest provider for bank transfers from the 2 we tested when sending TRY to Nigeria.
With an average fee of TRY46.47 to send money from Turkey to Nigeria, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Turkey to Nigeria with a debit or a prepaid card is very simple with Instarem.
Instarem is a leader in debit card payments for transfers from Turkey to Nigeria, competing among a total of 2 active money transfer companies on this route. They consistently rank at the top in this category.
Credit cards
When it comes to credit card transfers from Turkey to Nigeria, Instarem emerges as our top choice of the 2 companies offering this service.
Our comparison engine's last six months of data on TRY to NGN searches show Instarem has been ranked as the cheapest provider.
Fee alert: 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 Turkey.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
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 Turkey to Nigeria .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send TRY to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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