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Overall best way: Revolut
We tested & reviewed 6 transfer providers, and Revolut scored highly.
In the last six months, Revolut appeared in 72.4% of Ukraine to Nigeria searches, and was the top rated company supporting payments Ukraine into Naira.
So for a great mix of cost, speed & features, make your Ukraine to Nigeria transfer using Revolut.
How to get the best deal on sending money from Ukraine 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 Ukraine 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 Ukraine to Nigeria considerations
A comparison of providers offering services between Ukraine and Nigeria is the easiest way to ensure the best deal.
We've compared 6 providers that offer services for sending Hryvnia to Nigeria.
This ensures you will get the best options for your transfer to Nigeria from Ukraine.
Whilst we rate Revolut as the best overall, comparing gives you a comprehensive view of all the options for transferring money from Ukraine to Nigeria.
Cheapest way to send money to Nigeria from Ukraine: Revolut
Data collected through our comparison over the past six months shows that Revolut is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* UAH and an exchange rate for buying Naira with Hryvnia that is 0.17% different to the mid-market rate.
If you want to secure the best rates on a Ukraine to Nigeria transfer, Revolut offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to UAH-NGN by Revolut, based on data from the past six months.
Fastest money transfers from Ukraine to Nigeria: Revolut.
Through our comparison, we found Revolut to be the fastest option to transfer money from Ukraine to Naira in 78.4% of instances.
Over the last six months, sending money from Ukraine to Nigeria through Revolut have an average fee of 0 UAH.
Revolut was one of 6 money transfer providers we compared for overall speed of sending money from Ukraine to Nigeria. This speed test included depositing Hryvnias to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Revolut is our best choice for sending from Ukraine to Nigeria.
Sending large amounts of money
Of the 6 companies compared, Revolut has the strongest option for large transfers from Ukraine to Nigeria.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Hryvnia to Naira.
The Revolut rate makes them great for large transfers between Nigeria and Ukraine.
Understanding the cost of sending money to Nigeria from Ukraine
The cost of sending money from Nigeria to Nigeria, is made-up of a combination of fees and exchange rates:
The Mid-Market and Exchange Rates: The mid-market rate determines a mid-price for buying currency. The current mid-market rate from UAH-NGN is 39.6622 NGN per Hryvnia.
Finding a provider offering an exchange as close to 39.6622 as possible will ensure more Naira received when transferring.
For context, the UAH-NGN mid-market rate for the past three months has averaged 38.8123 NGN per Hryvnia. This includes a high of 40.1024, and low of 36.9998.
Revolut currently offers the best exchange rate on transfers from Ukraine to Nigeria.
For the most part the UAH-NGN exchange rate you receive is the biggest factor impacting the cost of sending UAH to Nigeria.
Fees: Outside of exchange rates, you may need to pay a fee to send. Revolut currently offers the lowest fees on transfers to Nigeria from Ukraine, averaging 0 UAH over the last 6 months. Although this does include large transfers as well, we recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Naira is the amount you started with, minus the amount you paid in the exchange and fees.
The better deal you get on exchanging Hryvnias to NGN, paired with a low fee, means a higher total amount received in Nigeria.
Finding the best exchange rate for Hryvnia to Naira
Timing is essential for sending money between UAH and NGN. The exchange rate you secure impacts how much NGN you get for your UAH.
Over the last six months, here’s what we’ve seen:
The exchange rate from UAH to NGN averaged 38.8123 NGN.
The highest value recorded was 40.1024 NGN, while the lowest was 36.9998 NGN.
There are currently 6 providers offering transfers between Ukraine and Nigeria close to this rate
Want to secure the best UAH-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 Ukraine to Nigeria!
Ukraine to Nigeria money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from Ukraine to Nigeria.
A money transfer company like Revolut offer bank transfers between Ukraine and Nigeria with lower fees and better exchange rates than you would get from a traditional bank.
On average, Revolut is the cheapest provider for bank transfers of the 6 we tested when sending UAH to Nigeria.
Revolut has an average fee of
0 UAH for money transfersfrom Ukraine to Nigeria. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Ukraine 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 Ukraine to Nigeria, competing among a total of 6 active money transfer companies on this route.
Credit cards
Instarem is our top choice of the 6 companies offering credit card transfers from Ukraine to Nigeria.Fee alert: using a credit card to transfer money can result in a fee being charged by your card issuer as it is considered as a cash advance. 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 Ukraine.
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 Ukraine to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send UAH 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
