.svg)
Overall top choice: Moneycorp
Of the 8 money transfer providers we tested and reviewed, Moneycorp was a standout option for its combination of speed and cost.
Over the last six months, Moneycorp appeared in 56.6% of searches for transfers between Nigeria and Spain.
When sending money from Nigeria to Spain, using Moneycorp in a great option.
How to get the best deal on your Nigeria to Spain money transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to get the best exchange rates on sending money from Nigeria to Spain.
- Choose a provider
Select the provider that offers you the best value and timeframes for transfers between Nigeria and Spain.
- Click, sign up & send
Follow the steps & make your transfer to Spain. Your funds will be sent from Nigeria and converted into Euro.
Summary of recent searches
Considerations to make sending money from Nigeria to Spain easy
Comparing the different providers offering services between Nigeria and Spain, is the best way to send money with confidence.
The 8 providers we've compared ensures you will get the best options for your transfer to Spain from Nigeria. 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 Naira to Spain.
Cheapest way to send money to Spain from Nigeria: Moneycorp
The cost is a combination of an average fee of 0* NGN and an exchange rate for converting Naira to Euro that is 1.85% different to the mid-market rate.
On average, Moneycorp is 0% cheaper than the second-best option.
We would recommend Moneycorp for low cost, affordable transfers from Euros to Spain.
*The most common fee applied to NGN-EUR by Moneycorp, based on data from the past six months.
Fastest way to transfer money to Spain from Nigeria: Moneycorp.
Through our data, we found Moneycorp to be the fastest option for sending money from Nigeria into Euro in 86.8% of occasions. For fast NGN to EUR money transfers, Moneycorp comes highly recommended.
Nigeria to Spain transfers with Moneycorp have an average fee of 0 NGN.
To test that Moneycorp was the 'fastest' option we compared 8 providers. With this, we compared overall speed of sending money from Nigeria to Spain made up of depositing Nairas, to a money transfer account and transfer times to Spain.
When sending at speed is a priority, Moneycorp is our recommended choice for sending into Spain from Nigeria.
Transfer a large amount of money
Moneycorp is the strongest option for large transfers of the 8 money transfer companies tested.
Whatever the reason is for the transfer, sending large amounts of money from Nigeria to Spain can become expensive through your bank or with the wrong provider.
Our data shows Moneycorp as the best choice for sending large sums of money to Spain from Nigeria.
Understanding the costs involved when transferring money to Spain from Nigeria
When calculating the cost of sending money from Nigeria to Spain, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current NGN-EUR mid-market rate is 0.0006 EUR per Naira. Finding a provider as close to this number as possible will ensure more Euro for your money.
As a comparison, the NGN-EUR mid-market rate for the past three months has averaged 0.0006 EUR per Naira, hitting a high of 0.0006 and a low of 0.0005.
Moneycorp is currently offering the best exchange rate on transfers between Nigeria and Spain.
Often the NGN-EUR exchange rate you receive will be the biggest factor impacting the cost of sending Naira to Spain.
Fees: Transfer fees are charged on top of a transfer. Moneycorp currently offers lowest fees, at an average of 0 NGN over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Euro is the biggest indicator in the total cost of sending money to Nigeria from Spain. The higher the total amount received in Spain, the lower the cost of sending from Nigeria.
Track the exchange rate for Naira to Euro
Sending money at the right time between NGN and EUR can make a huge difference to overall cost. The exchange rate impacts how much EUR you get for your NGN.
Over the last six months, the average numbers are:
The exchange rate from NGN to EUR averaged 0.0006 EUR.
The highest value recorded was 0.0006 EUR, while the lowest was 0.0005 EUR.
8 providers currently offer transfers between Nigeria and Spain close to this rate
Want to secure the best NGN-Euro 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 Spain!
Payment methods for Nigeria to Spain transfers
Bank transfers
Bank transfers are often the fastest option, and normally the cheapest, for sending money from Nigeria to Spain.
By opting for a money transfer company such as Moneycorp for transfers from Nigeria to Spain, you can 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 from the 8 we tested when sending NGN to Spain.
With an average fee of NGN0 to send money from Nigeria to Spain, Moneycorp offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid card payments
Using a debit card, or prepaid option, for sending money from Nigeria to Spain is easy with Wise.
Wise is a market leader in debit card payments for transfers from Nigeria to Spain, this is among a total of 8 money transfer companies compared.
Credit card transfers
When it comes to sending money with a credit card from Nigeria to Spain, Instarem emerges as our top choice of the 8 companies offering this service.
Fee alert: credit card money transfers often result in a cash advance fee being charged by your card issuer. We recommend bank transfer or debit card where possible.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Spain 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 Spain.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
