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Best choice: Moneycorp
We tested & reviewed dozens of money transfer providers, and Moneycorp scored highly.
Moneycorp appeared in 43.8% of Nigeria to Rwanda searches in the last 6 months, and was the top rated company out of 5 that support NGN to RWF.
So for a great blend of cost, speed & features, make your Nigeria to Rwanda transfer using Moneycorp.
How to compare deals on your Nigeria to Rwanda transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from Nigeria to Rwanda.
- Choose a provider
Select the provider that offers you the best value & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Rwanda from Nigeria.
Summary of recent searches
Understanding Nigeria to Rwanda money transfers
Comparing providers when sending money from Nigeria to Rwanda is the easiest way to make a transfer at the best price.
We’ve compared 5 providers for sending Naira to Rwanda. This ensures you will get the best options for your transfer to Rwanda from Nigeria.
We rate Moneycorp as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Rwanda.
Cheapest way to transfer money from Nigeria to Rwanda: Moneycorp
Our data shows Moneycorp is 0% cheaper than the second-best option. The company offers an average fee of 0* NGN and an average exchange rate between NGN and RWF that is 2% different to the mid-market rate.
For a cheap way to send NGN to Rwanda, Moneycorp is a great all round choice.
*The most common fee applied to NGN-RWF by Moneycorp, based on data from the past six months.
Fastest way to transfer money to Rwanda from Nigeria: Moneycorp.
Through our data, we found Moneycorp to be the fastest option for sending money from Nigeria into Rwand Franc in 41.2% of occasions. For fast NGN to RWF money transfers, Moneycorp comes highly recommended.
Nigeria to Rwanda transfers with Moneycorp have an average fee of 0 NGN.
To test that Moneycorp was the 'fastest' option we compared 5 providers. With this, we compared overall speed of sending money from Nigeria to Rwanda made up of depositing Nairas, to a money transfer account and transfer times to Rwanda.
When sending at speed is a priority, Moneycorp is our recommended choice for sending into Rwanda from Nigeria.
Transferring large sums of money
Of the 5 money transfer companies tested, Moneycorp is the strongest option for large transfers from Nigeria to Rwanda.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Nigeria to Rwanda can become expensive through your bank or with the wrong provider.
Moneycorp is our choice for sending large sums of money to NGN because they offer a strong all-round product.
Understanding the costs involved when moving money from Nigeria to Rwanda
The total cost of money transfers to Rwanda from Nigeria, is a combination of exchange rates and fees. Sending with a company that can offer a good competitive rate and low (or no) fees is the best way to get a good deal.
The Mid-Market and Exchange Rates: The current mid-market for NGN-RWF is 0.8202 RWF per Naira.
Using a transfer company offering an exchange rate closer to this will result in being able to buy more Rwand Franc for your Nairas.
On average for the last three months, the NGN-RWF mid-market rate has been 0.8268 RWF per Naira. This hit a high of 0.8677, and a low of 0.8127.
From the 5 companies compared, Moneycorp offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting NGN to RWF.
Fees: Some money transfers between Nigeria and Rwanda will be subject to fees. Moneycorp has had an average fee of 0 NGN per transfer over the last 6 months. Although, you should search for your send amount for actual fees as your scenario may be different.
Amount Received: Money transfer companies will show you the amount of Rwand Franc eventually received in Rwanda.
This number should guide you, as a higher amount of money received in Rwanda means a better overall cost of sending money from Nigeria.
Track the exchange rate for Naira to Rwand Franc
Sending money at the right time between NGN and RWF can make a huge difference to overall cost. The exchange rate impacts how much RWF you get for your NGN.
Over the last six months, the average numbers are:
The exchange rate from NGN to RWF averaged 0.8268 RWF.
The highest value recorded was 0.8677 RWF, while the lowest was 0.8127 RWF.
5 providers currently offer transfers between Nigeria and Rwanda close to this rate
Want to secure the best NGN-Rwand Franc exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Nigeria to Rwanda!
Paying for your Nigeria to Rwanda money transfer
Bank transfers
A bank transfer is often the default option for money transfers from Nigeria to Rwanda.
By using a money transfer company such as Moneycorp to send money from Nigeria to Rwanda, you can while benefit from lower fees and more favorable exchange rates than a bank would offer.
On average, Moneycorp is the cheapest money transfer provider for bank transfers from the 5 we tested when sending NGN to Rwanda.
With an average fee of NGN0 to send money from Nigeria to Rwanda, Moneycorp offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Nigeria to Rwanda with a prepaid or debit card is very easy with Wise.
Wise is a great choice for sending money with a debit card from Nigeria to Rwanda. This is from the 5 money transfer companies compared.
Credit cards
When it comes to credit card money transfers from Nigeria to Rwanda, emerges as our top choice of the 5 companies offering this service.
Be careful of fees: using a credit card to transfer money internationally 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 Rwanda and Nigeria.
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 Nigeria to Rwanda.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to RWF.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
