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Companies for transfers from Zimbabwe to Nigeria
"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."
"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."
Overall best way: Instarem
We tested & reviewed 5 transfer providers, and Instarem scored highly.
In the last six months, Instarem appeared in 61.4% of Zimbabwe to Nigeria searches, and was the top rated company supporting payments Zimbabwe into Naira.
So for a great mix of cost, speed & features, make your Zimbabwe to Nigeria transfer using Instarem.
How to get the best deal on sending money from Zimbabwe 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 Zimbabwe 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
Considerations for money transfers from Zimbabwe to Nigeria
Comparing providers offering services between Zimbabwe and Nigeria, based on your specific needs is the best way to send money with confidence.
Our comparison includes 5 companies that provide the ability to send US Dollar to Nigeria.
This ensures you get the best options for transfers to Nigeria from Zimbabwe, based on the amount you want to send.
Cheapest way to send money to Nigeria from Zimbabwe: Wise
Data collected through our comparison over the past six months shows that Wise is 0% cheaper than the second-best option.
The cost is made up of an average fee of 0* USD and an exchange rate for buying Naira with US Dollar that is -2.67% different to the mid-market rate.
If you want to secure the best rates on a Zimbabwe to Nigeria transfer, Wise offers value. We would still recommend searching for the amount you want to send to Nigeria.
*The most common fee applied to USD-NGN by Wise, based on data from the past six months.
Fastest money transfers from Zimbabwe to Nigeria: Instarem.
Through our comparison, we found Instarem to be the fastest option to transfer money from Zimbabwe to Naira in 66.3% of instances.
Over the last six months, sending money from Zimbabwe to Nigeria through Instarem have an average fee of 0 USD.
Instarem was one of 5 money transfer providers we compared for overall speed of sending money from Zimbabwe to Nigeria. This speed test included depositing US Dollars to an account and the average timeframe for sending money to Nigeria.
When fast transfers are a priority, Instarem is our best choice for sending from Zimbabwe to Nigeria.
Transfer a large amount of money
Instarem is the best rated company for sending large amounts of Naira to Nigeria out of 5 companies offering the service.
Whether for a property purchase, or for business, sending large amounts of money to Nigeria from Zimbabwe has the potential to be very expensive.
Instarem is our choice for big transfers to USD because of all round price, speed and management when making large transfers.
Understanding the cost of sending money to Nigeria from Zimbabwe
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 USD-NGN is 1,546.4401 NGN per US Dollar.
Finding a provider offering an exchange as close to 1,546.4401 as possible will ensure more Naira received when transferring.
For context, the USD-NGN mid-market rate for the past three months has averaged 1,621.934 NGN per US Dollar. This includes a high of 1,697.4976, and low of 1,406.0003.
Instarem currently offers the best exchange rate on transfers from Zimbabwe to Nigeria.
For the most part the USD-NGN exchange rate you receive is the biggest factor impacting the cost of sending USD to Nigeria.
Fees: Outside of exchange rates, you may need to pay a fee to send. Instarem currently offers the lowest fees on transfers to Nigeria from Zimbabwe, averaging 0 USD 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 US Dollars to NGN, paired with a low fee, means a higher total amount received in Nigeria.
Getting best exchange rate for sending US Dollar to Naira
Timing is essential when tracking the mid-market rate between USD and NGN. The end exchange rate you secure impacts how much NGN you get for your USD.
The recent mid-market rate trends are:
Over the past six months, the mid-market rate from USD to NGN was 1,621.934.
During this period, it hit a high of 1,697.4976, and a low of 1,406.0003.
Instarem, which is our recommended service to send money online from Zimbabwe to Nigeria offers an exchange rate that is only 2.52% above the mid-market rate.
Want to secure the best USD-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 Zimbabwe to Nigeria!
Zimbabwe to Nigeria money transfer payment methods
Bank transfers
Bank transfers are often the best payment method for money transfers from Zimbabwe to Nigeria.
A money transfer company like Wise offer bank transfers between Zimbabwe and Nigeria with lower fees and better exchange rates than you would get from a traditional bank.
On average, Wise is the cheapest provider for bank transfers of the 5 we tested when sending USD to Nigeria.
Wise has an average fee of
11.87 USD for money transfersfrom Zimbabwe to Nigeria. Overall, they offer a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Zimbabwe 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 Zimbabwe to Nigeria, competing among a total of 5 active money transfer companies on this route.
Credit cards
Instarem is our top choice of the 5 companies offering credit card transfers from Zimbabwe 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 Zimbabwe.
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 Zimbabwe to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send USD 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
