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Best way to send: Moneycorp
We tested & reviewed 4 money transfer companies offering services between Nigeria and Uganda, and Moneycorp scored highly.
In total, Moneycorp appeared in 52.2% of Nigeria to Uganda searches, and was the top rated company out of 4 that support transfers into Ugand Shilling.
So for a great mix of cost, speed & features, make your Nigeria to Uganda transfer using Moneycorp.
How to get the best deal on your Nigeria to Uganda transfer
- Always compare rates
Money transfers to Uganda should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Nigeria to Uganda.
- Choose a provider
Select the provider that offers you the best value on your Naira & service for your needs.
- Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Uganda.
Summary of recent searches
Understanding Nigeria to Uganda money transfers
Comparing providers when sending money from Nigeria to Uganda is the easiest way to make a transfer at the best price.
We’ve compared 4 providers for sending Naira to Uganda. This ensures you will get the best options for your transfer to Uganda 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 Uganda.
Cheapest way to send money from Nigeria to Uganda: Moneycorp
Our data shows, over the past six months, that Moneycorp is 0% than the second-best option when sending via a bank transfer.
This measure includes an average fee of 0* NGN and a NGN-UGX exchange rate for international transfers that is 1.98% different to the mid-market rate.
Securing the best rates on a NGN to Uganda transfer can be done with Moneycorp but you can always search for your specific amount.
*The most common fee applied by Moneycorp when sending NGN-UGX, based on data from the past six months.
Fastest way to send money to Uganda from Nigeria: Moneycorp.
In our comparison, we found Moneycorp to be the fastest way to send Nairas to Ugand Shilling in 46.2% of transfers. For quick transfers between NGN and UGX, Moneycorp comes highly recommended.
Sending money from Nigeria to Uganda through Moneycorp has an average fee of 0 NGN.
To find the fastest company, we compared 4 money transfer providers for the overall speed of sending money from Nigeria to Uganda. This was made up of depositing Naira to a money transfer account and transfer times to Uganda.
When looking for the fastest money transfer, Moneycorp is our best choice for sending into Uganda 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 Uganda.
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 Uganda 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 transferring money to Uganda from Nigeria
When calculating the cost of sending money from Nigeria to Uganda, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current NGN-UGX mid-market rate is 2.1889 UGX per Naira. Finding a provider as close to this number as possible will ensure more Ugand Shilling for your money.
As a comparison, the NGN-UGX mid-market rate for the past three months has averaged 2.3476 UGX per Naira, hitting a high of 2.8581 and a low of 2.1788.
Moneycorp is currently offering the best exchange rate on transfers between Nigeria and Uganda.
Often the NGN-UGX exchange rate you receive will be the biggest factor impacting the cost of sending Naira to Uganda.
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 Ugand Shilling is the biggest indicator in the total cost of sending money to Nigeria from Uganda. The higher the total amount received in Uganda, the lower the cost of sending from Nigeria.
How to find the best exchange rate for Naira to Ugand Shilling
Timing is essential for sending money between NGN and UGX. The exchange rate you secure impacts how much UGX you get for your NGN.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from NGN to UGX has seen some fluctuation. On average, it stood at 2.3476.
During this period, the highest value recorded was 2.8581, while the lowest was 2.1788.
Moneycorp, which is our recommended service to send money online from Nigeria to Uganda offers an exchange rate that is only 1.98% above the mid-market rate.
Want to secure the best NGN-Ugand 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 Uganda!
Paying for your Nigeria to Uganda money transfer
Bank transfers
A bank transfer is often the default option for money transfers from Nigeria to Uganda.
By using a money transfer company such as Moneycorp to send money from Nigeria to Uganda, 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 4 we tested when sending NGN to Uganda.
With an average fee of NGN0 to send money from Nigeria to Uganda, Moneycorp offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Nigeria to Uganda 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 Uganda. This is from the 4 money transfer companies compared.
Credit cards
When it comes to credit card money transfers from Nigeria to Uganda, emerges as our top choice of the 4 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 Uganda 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 Uganda.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to UGX.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
