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Compare ways to send money from Uganda to Nigeria

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

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

Transferring the other way? Send NGN from Nigeria to Uganda instead.
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Moneycorp was the top rated provider from Uganda to Nigeria
Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.5% - 2%
Moneycorp was the cheapest from Uganda to Nigeria
Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.5% - 2%
Moneycorp was the fastest from Uganda to Nigeria
Fees
None
Transfer Speed
Minutes - 2 days
Exchange Rate Markup
0.5% - 2%

Overall best way: Moneycorp

Moneycorp is our recommended company for transferring Ugand Shilling to Nigeria.

We tested & reviewed 6 transfer providers, and Moneycorp scored highly.

In the last six months, Moneycorp appeared in 48.4% of Uganda to Nigeria searches, and was the top rated company supporting payments Uganda into Naira.

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

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

Summary of recent searches

Top rated for transfers from Uganda to Nigeria
Moneycorp
Total number of UG - NG providers
6
Average cheapest fees & rate
Moneycorp
Average fastest transfer
Moneycorp
Best for bank transfers
Moneycorp
Best for debit card
Instarem
Best for credit card
Instarem

Considerations for money transfers from Uganda to Nigeria

1
Compare providers

Comparing providers offering services between Uganda and Nigeria, based on your specific needs is the best way to send money with confidence.

Our comparison includes 6 companies that provide the ability to send Ugand Shilling to Nigeria.

This ensures you get the best options for transfers to Nigeria from Uganda, based on the amount you want to send.

2
Watch the Ugand Shilling-Naira exchange rate
3
Choose the right payment method
4
Use providers regulated in Nigeria and Uganda
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 Uganda: Moneycorp

Moneycorp combines the lowest fees with the best exchange rate and from the 6 companies compared offers the cheapest transfers to Nigeria from Uganda.

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* UGX and an exchange rate for buying Naira with Ugand Shilling that is 1.97% different to the mid-market rate.

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

Fastest money transfers from Uganda to Nigeria: Moneycorp.

Of the 6 money transfer companies tested, Moneycorp offered the quickest way to send Ugand Shillings to Nigeria.

Through our comparison, we found Moneycorp to be the fastest option to transfer money from Uganda to Naira in 48.4% of instances.

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

Moneycorp was one of 6 money transfer providers we compared for overall speed of sending money from Uganda to Nigeria. This speed test included depositing Ugand Shillings 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 Uganda to Nigeria.

Sending a large amount of money?

For big transfers from Uganda to Nigeria, competitive pricing & strong customer service are essential.

Of the
6 providers compared, Moneycorp is the best rated for higher transfer amounts.

Sending large amounts of money can be expensive, and while Moneycorp may not always be the fastest or cheapest way to send money from Uganda to Nigeria, it's a great provider for things like buying or selling property.

Understanding the cost of money transfers to Nigeria from Uganda

The total cost of sending money to Nigeria from Uganda is a mix of the mid-market, exchange rates and transfer fees.

The Mid-Market and Exchange Rates: The mid-market for UGX-NGN is 0.4498 NGN per Ugand 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 Ugand Shillings.

The UGX-NGN mid-market rate over the last three months has seen the Ugand Shilling worth an average 0.4223 NGN. Within this there has been a high of 0.461, and a low of 0.3306.

From 6 companies compared, Moneycorp offers the strongest exchange rates.

The biggest factor in the overall cost of sending money is the exchange rate you receive on converting UGX to NGN.

Fees: When sending money there may be additional fees. Moneycorp offers the lowest fee of the 6 providers tested, averaging 0 UGX 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 Uganda.

Track the exchange rate for Ugand Shilling to Naira

Sending money at the right time between UGX and NGN can make a huge difference to overall cost. The exchange rate impacts how much NGN you get for your UGX.

Mid-market Rate
1
= 0.449834 NGN

Over the last six months, the average numbers are:

  • The exchange rate from UGX to NGN averaged 0.4223 NGN.

  • The highest value recorded was 0.461 NGN, while the lowest was 0.3306 NGN.

  • 6 providers currently offer transfers between Uganda and Nigeria close to this rate

Want to secure the best UGX-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 Uganda to Nigeria!

How to pay for money transfers between Uganda and
Nigeria

  • Bank transfers

    Bank transfers are often fastest, cheapest and best way to send money from Uganda to Nigeria.

    Using a money transfer company such as Moneycorp for transfers from Uganda to Nigeria, will mean being able to 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 of the 6 we compared for transfers from UGX to Nigeria.

    To send money from Uganda to Nigeria, Moneycorp has an average fee of 0 UGX.

  • Debit cards and prepaid options

    Sending money from Uganda to Nigeria with a debit card or a prepaid card is very simple with Instarem.


    Instarem is the cheapest option for sending money with a debit card between Uganda and Nigeria. This is of the 6 money transfer companies offering debit card payments on this route.

  • Credit cards

    When it comes to credit card money transfers from Uganda to Nigeria, Instarem emerges as our top choice of the 6 companies offering this service.

    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 Uganda.


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 Uganda to Nigeria.


We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send UGX 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 Uganda to Nigeria?
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Can I send money from Uganda to Nigeria with MoneyTransfers.com?
What are the typical transfer fees for sending Ugand Shillings to Nigeria through various providers?
How long does it take to send money from Uganda to Nigeria?
What is the best exchange rate I can get for sending money from Uganda to Nigeria?
Are there any minimum or maximum transfer amounts for sending money from Uganda to Nigeria?
Can I schedule regular transfers between Uganda 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.