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Send money from Nigeria to Tanzania
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
The best way to send NGN to Tanzania is to use cash transfer via Western Union
We’ve analysed 100s of money transfer companies, and found that the overall coverage of NGN/TZS transfers is very limited for online transfers.
This is why we suggest sending cash as an alternative, using Western Union.
The transfer fees depend on which branch you use and how much you send, but overall you can expect to pay around 3 NGN for a 360,000 NGN transfer.
Depending on where you are, we suggest checking Western Union to see what deposit methods you have available.
In many cases you can deposit NGN online and the recipient in Tanzania will need to visit a branch to pick up TZS.
Getting the best deal on your Nigeria to Tanzania transfer
Always compare rates
Don't pay more than you have to. Our live comparison tool will give you the best rates for sending money from Nigeria to Tanzania.
Choose a provider
Select the provider that offers you the best value & service for transfers between Nigeria and Tanzania.
Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Tanzania.
Summary of recent searches
Understanding Nigeria to Tanzania money transfers
Comparing providers
Comparing providers when sending money from Nigeria to Tanzania is the easiest way to make a transfer at the best price.
We’ve compared 3 providers for sending Naira to Tanzania. This ensures you will get the best options for your transfer to Tanzania from Nigeria.
We rate Western Union Agent as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Tanzania.
Get ahead of the Naira-Tanzanian Shilling exchange rate
Choosing the right payment method
Financial regulators in Nigeria and Tanzania
Consider transfer limits
Receiving money in Tanzania
Have your ID ready
Tax declarations
The cheapest way to send money from Nigeria to Tanzania is a cash transfer via MoneyGram.
The cheapest way to send money to Tanzania from Nigeria is via a cash transfer through a MoneyGram Agent.
While cash transfers are usually more expensive than online options, our analysis of hundreds of money transfer companies shows that very few services currently support NGN/TZS transfers online.
The total cost of your transfer includes both the transfer fee (around 3 NGN per 360,000 NGN) and an exchange rate markup.
Ultimately, the exact price will depend on your location, payment method, and transfer amount.
The cheapest way to to send money to Tanzania from Nigeria is via PayPal P2P Transfer
The coverage of NGN/TZS transfer options is very limited, therefore, PayPal’s P2P transfer service is one of the cheaper options you have, along with cash transfer via Western Union and MoneyGram.
With PayPals P2P transfer, the main cost is the conversion between currencies, which can go as high as % on top of the mid market rate, as well as a NGN transfer fee.
You can also opt to use a cash transfer via MoneyGram or Western Union, which are cheaper in some cases (depending on the amount, deposit method, and your branch).
Transferring large sums of money
Of the 3 money transfer companies tested, Western Union Agent is the strongest option for large transfers from Nigeria to Tanzania.
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 Tanzania can become expensive through your bank or with the wrong provider.
Western Union Agent is our choice for sending large sums of money to NGN because they offer a strong all-round product.
Understanding the cost of sending money from Nigeria to Tanzania
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Nigeria to Tanzania.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Tanzanian Shilling for your Naira. The current NGN-TZS mid-market rate is 1.679 TZS per Naira.
This rate changes regularly so it can pay to track it. For comparison, the NGN-TZS mid-market rate for the past 7 days has averaged 1.6853 TZS per Naira, with a low of 1.668 and a high of 1.6996.
Western Union Agent is currently offering the best exchange rate from the 3 companies compared.
Often the NGN-TZS exchange rate you pay is the biggest cost factor when transferring Nairas to Tanzania.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Naira you’re sending to Tanzania. Western Union Agent currently is the cheapest option for transfers into TZS costing 3 NGN per transfer. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Tanzanian Shilling is the biggest indicator of the total cost of sending money to Tanzania from Nigeria. The bigger the amount received in Tanzania, the lower the overall cost of sending from Nigeria.
Track the exchange rate for Naira to Tanzanian Shilling
Sending money at the right time between NGN and TZS can make a huge difference to overall cost. The exchange rate impacts how much TZS you get for your NGN.
Over the last 7 days, the average numbers are:
The exchange rate from NGN to TZS averaged 1.6853 TZS.
The highest value recorded was 1.6996 TZS, while the lowest was 1.668 TZS.
3 providers currently offer transfers between Nigeria and Tanzania close to this rate
Want to secure the best NGN-Tanzanian Shilling exchange rates?
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Paying for your Nigeria to Tanzania transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Nigeria to Tanzania.
By using a money transfer company such as Western Union Agent for transfers from Nigeria to Tanzania, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Western Union Agent is the cheapest provider for bank transfers from the 3 we tested when sending NGN to Tanzania.
With a fee of 3 NGN to send money from Nigeria to Tanzania, Western Union Agent offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Nigeria to Tanzania with a debit or a prepaid card is easy with Western Union Agent.
Western Union Agent is a one of the better options in the market for international debit card transfers from Nigeria to Tanzania.
Credit cards
When it comes to credit card transfers from Nigeria to Tanzania, we recommend comparing your options to get the best deal.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Tanzania 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 Tanzania.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to TZS.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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