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Our recommendation: Moneycorp
We tested & reviewed 4 money transfer providers offering money transfers from Nigeria to Tanzania, and Moneycorp scored highly.
In total, Moneycorp appeared in 100% of Nigeria to Tanzania searches, and was the top rated company supporting transfers between NGN and TZS.
For a great mix of cost, speed & features, we recommend making your Nigeria to Tanzania transfer using Moneycorp.
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 when sending money from Nigeria to Tanzania is the easiest way to make a transfer at the best price.
We’ve compared 4 providers for sending Naira to Tanzania. This ensures you will get the best options for your transfer to Tanzania 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 Tanzania.
Cheapest way to send money from Nigeria to Tanzania:
Data collected for transfers between Nigeria and Tanzania over the past six months shows that is 0% cheaper than the second-best option.
This cost combines an average exchange rate between the Naira and Tanzanian Shilling that is % different to the mid-market rate and an average fee of 0* NGN.
*The most common fee applied to NGN-TZS by , based on data from the past six months.
Fastest way to transfer money to Tanzania from Nigeria: Moneycorp.
Through our data, we found Moneycorp to be the fastest option for sending money from Nigeria into Tanzanian Shilling in 100% of occasions. For fast NGN to TZS money transfers, Moneycorp comes highly recommended.
Nigeria to Tanzania transfers with Moneycorp have an average fee of 0 NGN.
To test that Moneycorp was the 'fastest' option we compared 4 providers. With this, we compared overall speed of sending money from Nigeria to Tanzania made up of depositing Nairas, to a money transfer account and transfer times to Tanzania.
When sending at speed is a priority, Moneycorp is our recommended choice for sending into Tanzania from Nigeria.
Transferring large sums of money
Of the 4 money transfer companies tested, Moneycorp 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.
Moneycorp 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 1.6754 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 three months has averaged 1.6425 TZS per Naira, with a low of 1.5206 and a high of 1.74.
Moneycorp is currently offering the best exchange rate from the 4 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. Moneycorp currently has the lowest fees for transfers into TZS at an average of 0 NGN over the last 6 months. 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 six months, the average numbers are:
The exchange rate from NGN to TZS averaged 1.6425 TZS.
The highest value recorded was 1.74 TZS, while the lowest was 1.5206 TZS.
4 providers currently offer transfers between Nigeria and Tanzania close to this rate
Want to secure the best NGN-Tanzanian Shilling 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 Tanzania!
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 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, is the cheapest provider for bank transfers from the 4 we tested when sending NGN to Tanzania.
With an average fee of 0 NGN to send money from Nigeria to Tanzania, 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 .
is a one of the better options in the market for international debit card transfers from Nigeria to Tanzania.
Credit cards
For credit card transfers from Nigeria to Tanzania, is our top choice of the 4 companies offering this payment method.
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 document.
Money transfer company reviews
