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Compare ways to send money from Turkey to Nigeria

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

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

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Overall best way: Moneycorp

Moneycorp is our recommended company for transferring Turkish Lira to Nigeria.

We tested & reviewed 5 transfer providers, and Moneycorp scored highly.

In the last six months, Moneycorp appeared in 36.9% of Turkey to Nigeria searches, and was the top rated company supporting payments Turkey into Naira.

So for a great mix of cost, speed & features, make your Turkey to Nigeria transfer using Moneycorp.

How to to send from Turkey to Nigeria in the best way

Summary of recent searches

Top rated for transfers from Turkey to Nigeria
Moneycorp
Total number of TR - NG providers
5
Average cheapest fees & rate
Moneycorp
Average fastest transfer
Moneycorp
Average transfer time
Within minutes
Best for bank transfers
Moneycorp
Best for debit card
Instarem
Best for credit card
Instarem

Considerations to make sending money from Turkey to Nigeria easy

1
Compare providers

Comparing the different providers offering services between Turkey and Nigeria, is the best way to send money with confidence.

The 5 providers we've compared ensures you will get the best options for your transfer to Nigeria from Turkey. By taking the time to compare you can save yourself in the region of 3% of the total transfer amount.

Whilst we rate Moneycorp as the best overall, comparing gives you a comprehensive view of all the options for transferring Turkish Lira to Nigeria.

2
Exchange rates between Turkish Lira-Naira
3
Choose the right payment method
4
Financial regulation in Turkey and Nigeria
5
Consider transfer limits
6
Receiving money in Nigeria
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Nigeria from Turkey: Moneycorp

Moneycorp combines the lowest fees with the best exchange rate and from the 5 companies compared offers the cheapest transfers to Nigeria from Turkey.

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* TRY and an exchange rate for buying Naira with Turkish Lira that is 1.9% different to the mid-market rate.

If you want to secure the best rates on a Turkey 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 TRY-NGN by Moneycorp, based on data from the past six months.

Fastest money transfers from Turkey to Nigeria: Moneycorp.

Of the 5 money transfer companies tested, Moneycorp offered the quickest way to send Turkish Liras to Nigeria.

Through our comparison, we found Moneycorp to be the fastest option to transfer money from Turkey to Naira in 36.9% of instances.

Over the last six months, sending money from Turkey to Nigeria through Moneycorp have an average fee of 0 TRY.

Moneycorp was one of 5 money transfer providers we compared for overall speed of sending money from Turkey to Nigeria. This speed test included depositing Turkish Liras 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 Turkey to Nigeria.

Transfer a large sum of money

When sending large amounts of Naira to Nigeria it’s best the pick a company with higher maximum limits on exchange rates and send amounts.

From
5 money transfer companies compared, Moneycorp is the best option for large transfers from Turkey to Nigeria.

Whether it’s for property purchases, business or any other reason, sending large amounts of money from Turkey to Nigeria can become expensive if you use a bank, or the wrong provider.

Moneycorp is the top choice for sending large sums of money to Nigeria from Turkey because they offer a strong service and competitive exchange rates.

Understanding the cost of moving money from Turkey to Nigeria

The total cost of sending money to Nigeria from Turkey, is made-up of a combination of fees and exchange rates. Sending with a company that can offer a good deal on both ensures a good deal on your transfer.

The Mid-Market and Exchange Rates: Currently, the mid-market for TRY-NGN is 47.7877 NGN per Turkish Lira.

  • Finding a company offering an exchange rate closer to this will mean more Naira for your Turkish Lira.

  • The average TRY-NGN mid-market rate for the last three months has been 45.2153 NGN per Turkish Lira. This includes a high of 50.147, and low of 41.4145.

  • Out of the 5 companies compared, Moneycorp offers the best exchange rates.

  • The exchange rate you receive on converting TRY to NGN should be the biggest determining cost factor when transferring Turkish Lira to Nigeria.

Fees: Transfer fees may have to be paid alongside the transfer, either as a set fee or a percentage of the transfer. Moneycorp, with a fee average of 0 TRY per transfer over the last 6 months, offers the lowest fees overall. Although, you should search for your send amount for actual fees.

Amount Received: Money transfer companies will show you the amount of Naira eventually received in Nigeria.

A lower cost of sending from Turkey will result in more money received in Nigeria.

How to get the best exchange rate for Turkish Lira to Naira

Getting the best exchange rate essential for sending money between TRY and NGN. The exchange rate you secure impacts how much NGN you get for your TRY.

Mid-market Rate
1
= 47.783771 NGN

Here is how the currency has performed recently.

  • Over the past six months, the mid-market from TRY to NGN has been 45.2153.

  • During this period, the highest value was 50.147, while the lowest was 41.4145.

  • Moneycorp, which is our recommended choice to send money online from Turkey to Nigeria offers an exchange rate that is only 1.92% above the mid-market rate.

Want to secure the best TRY-Naira exchange rates?

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Funding your Turkey to
Nigeria transfer

  • Bank transfers

    The default option for sending money from Turkey to Nigeria is often a bank transfer.

    Using a money transfer company such as Moneycorp for transfers from Turkey to Nigeria, allows for sending via a bank transfer while benefitting from lower fees and more favorable exchange rates. 


    From the 5 we tested, the cheapest provider for bank transfers from TRY to Nigeria is Moneycorp.

    With an average fee of TRY0 to send money from Turkey to Nigeria, Moneycorp offers a great combination of competitive exchange rates and lower fees.


  • Prepaid and debit cards

    Sending money from Turkey to Nigeria with a prepaid or debit card is easy with Instarem.


    Instarem is a leader in accepting card payments for transfers between Turkey and Nigeria.

  • Credit cards

    Instarem is the best money transfer company of the 5 compared for credit card transfers from Turkey to Nigeria

    Fee alert: using a credit card to transfer money can mean a fee being charged by your card issuer. 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, 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 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.

Money transfer company reviews

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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.