Send Money to Nigeria — Best Rate Calculator 2026
See exactly how much naira your family receives from each provider. Compare Lemfi, Wise, Grey, WorldRemit and more — all fees included.
Which Provider Gives Your Family the Most Naira?
Enter an amount to see exactly what each provider delivers after all fees.
| Provider | Fee | Rate Margin | Naira Received ₦ | vs Best | Speed | Rating |
|---|---|---|---|---|---|---|
Lemfi Top Pick |
$0 | 0.8% below CBN | ₦788.640 | — | < 1 hr | ★★★★½ (4.5) |
Grey Finance Fast |
$0 | 1.5% below CBN | ₦783.075 | -₦5565 | < 2 hrs | ★★★★½ (4.3) |
Wise Transparent |
~0.65% | Mid-market | ₦789.833 | -₦1193 | 1–2 days | ★★★★½ (4.6) |
Remitly |
$0 | 2.2% below CBN | ₦777.510 | -₦11.130 | 0–4 hrs | ★★★★½ (4.5) |
WorldRemit Cash pickup |
$2.99 | 1.8% below CBN | ₦776.021 | -₦12.619 | Minutes | ★★★½ (3.8) |
Bank Wire |
$35.00 | 6.5% below CBN | ₦691.292 | -₦97.348 | 3–5 days | ★★½ (2.5) |
⚠️ Rate margins are estimates based on publicly available data as of April 2026. Actual rates vary by amount, corridor and payment method. Verify on provider's app before transferring.
USD → Nigerian Naira — Common Amounts
Live rates for typical transfer amounts. CBN official and parallel market.
| Amount (USD) | CBN Official (₦) | Parallel Market (₦) |
|---|---|---|
| $50 | ₦79,500 | ₦84,668 |
| $100 | ₦159,000 | ₦169,335 |
| $200 | ₦318,000 | ₦338,670 |
| $500 | ₦795,000 | ₦846,675 |
| $1000 | ₦1,590,000 | ₦1,693,350 |
| $2000 | ₦3,180,000 | ₦3,386,700 |
| $5000 | ₦7,950,000 | ₦8,466,750 |
How to Send Money to Nigeria — Full Guide 2026
Finding the best way to send money to Nigeria can save your family hundreds of thousands of naira per year. The difference between the best and worst provider for a $500 transfer is often ₦50,000–₦80,000.
Exchange Rate vs Fee: What Matters More?
For small transfers ($50–$100), a flat fee has a bigger relative impact — zero-fee providers win. For $500+, the exchange rate margin matters far more than the fee. A 3% rate markup on $500 costs ₦20,000+ regardless of whether the fee is $0 or $5. The comparison table above does this maths for you.
Best Providers by Corridor
🇺🇸 US → Nigeria
Lemfi is the #1 choice. Zero fees, near-CBN rates. Wise is the transparent alternative. Avoid bank wires ($25–$45 fee + 4–8% markup).
🇬🇧 UK → Nigeria
Lemfi dominates the UK diaspora market. Grey Finance is strong for domiciliary accounts. Wise for large amounts.
🇨🇦 Canada → Nigeria
Lemfi is FINTRAC-regulated and works well from Canada. Wise is solid for CAD → NGN with transparent pricing.
🇪🇺 Europe → Nigeria
Wise offers the best EUR transparency and rate quality. WorldRemit is good for cash pickup if the recipient lacks a bank account.
Frequently Asked Questions
Questions about sending money to Nigeria