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Compare today's AUD to NGN (Australian Dollar to Nigerian Naira) exchange rates

Australia
Nigeria
AUD

πŸ“ˆ Australia to Nigeria Money Transfer Snapshot Today

  • Best AUD to NGN exchange rate today: NGN 1,003.8702, offered by MoneyGram
  • Number of money transfer providers compared: 5
  • Exchange rate range: NGN 961.1669 to NGN 1,003.8702
  • Potential savings on AUD 1000: NGN 42,703.30
  • Number of deals and promo codes: 1
  • Mid-marketβ“˜The mid-market exchange rate (also called the interbank rate) is the real AUD to NGN exchange rate before providers add their margin or fees. exchange rate: 1 AUD = NGN 988.1918 (Updated about an hour ago)

See detailed Australia to Nigeria money transfer comparison below.

Money Transfer Providers that matched the search criteria

(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… ( )β˜…β˜…
1000 AUD =
1 003 870.20 NGN
Transfer Limit (AUD): 0 - 5000
Locked-In Rate1 AUD = 1,003.8702 NGN
(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… ( )β˜…β˜…
1000 AUD =
988 730.00 NGN
Transfer Limit (AUD): 0 - 20000
Locked-In Rate1 AUD = 988.7300 NGN

πŸ“’ Special exchange rate applied for first transfer
(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜…
1000 AUD =
973 450.10 NGN
Transfer Limit (AUD): No Limits
Indicative Rate1 AUD = 973.4501 NGN

πŸ“’ B2B transfers only
(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜…
1000 AUD =
964 290.90 NGN
Transfer Limit (AUD): No Limits
Indicative Rate1 AUD = 964.2909 NGN

πŸ“’ B2B transfers only
(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜…
1000 AUD =
961 166.90 NGN
Transfer Limit (AUD): 1 - 20000
Locked-In Rate1 AUD = 961.1669 NGN

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





πŸ’‘What today's AUD-NGN exchange rates mean for you

Compare today's AUD-NGN exchange rates and send money from Australia to Nigeria after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes β€” all in one place.

RemitFinder compared 5 providers that you can rely on for Australia to Nigeria money transfers today. Here is a summary of how the competition looks like right now:

Today's Most Competitive Australia to Nigeria Providers

πŸ₯‡ MoneyGram with 1 AUD = 1,003.8702 NGN (best AUD to NGN exchange rate today).

πŸ₯ˆ Remitly offering 1 AUD = 988.7300 NGN.

πŸ₯‰ Verto & Airwallex are also providing good FX rate today.

The exchange rate provided by these 5 providers ranges from NGN 961.1669 to NGN 1,003.8702. For a AUD 1000 money transfer from Australia to Nigeria, that could mean up to NGN 42,703.30 saved on FX alone.

AUD-NGN exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final NGN payout that your recipient gets in Nigeria.

That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Australia to Nigeria remittances.


πŸ”„ Looking for the reverse corridor? Send money from Nigeria to Australia instead.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Australia.



Latest AUD to NGN Conversion Rates

Here are some latest AUD to NGN (Australian Dollar to Nigerian Naira) exchange rates for popular conversion amounts*.

1 AUD988.19 NGN
5 AUD4,940.96 NGN
10 AUD9,881.92 NGN
25 AUD24,704.80 NGN
50 AUD49,409.59 NGN
100 AUD98,819.18 NGN
150 AUD148,228.77 NGN
200 AUD197,638.36 NGN
250 AUD247,047.95 NGN
300 AUD296,457.54 NGN
400 AUD395,276.72 NGN
500 AUD494,095.90 NGN
600 AUD592,915.08 NGN
700 AUD691,734.26 NGN
800 AUD790,553.44 NGN
1000 AUD988,191.80 NGN
1500 AUD1,482,287.70 NGN
2000 AUD1,976,383.60 NGN
2500 AUD2,470,479.50 NGN
3000 AUD2,964,575.40 NGN
4000 AUD3,952,767.20 NGN
5000 AUD4,940,959.00 NGN
10000 AUD9,881,918.00 NGN
15000 AUD14,822,877.00 NGN
20000 AUD19,763,836.00 NGN
30000 AUD29,645,754.00 NGN
40000 AUD39,527,672.00 NGN
50000 AUD49,409,590.00 NGN
100000 AUD98,819,180.00 NGN

*Based on the Mid-market Exchange Rateβ“˜The mid-market exchange rate (also called the interbank rate) is the real AUD to NGN exchange rate before providers add their margin or fees.. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money to Nigeria from Australia?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Australia to Nigeria. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Australian Dollar to NGN.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send AUD to NGN in Nigeria. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Nigeria from Australia. We provide you with maximum choices to send money to Nigeria by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for your money transfers from Australia to Nigeria?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Nigeria from Australia. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your AUD to Nigerian Naira money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Australia to Nigeria corridor to give you more good choices for your next NGN money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money from Australia to Nigeria?

One of the most important things to watch out for is hidden fees when sending money to Nigeria from Australia. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Nigeria using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Nigerian Naira foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best AUD to Nigeria exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Nigeria from Australia.


How to send money from Australia to Nigeria through a bank?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Australia to Nigeria money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like AUD to NGN transfers.

Given this, there are umpteen additional options to send money to Nigeria instead of just your Australia bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Australian Dollar even more so that your recipient in Nigeria gets the maximum amount.


What is the fastest way to do a money transfer to Nigeria from Australia?

The first thing to do when you need to convert AUD to NGN quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Australian Dollar and Nigerian Naira. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Australia to Nigeria remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Nigeria.


Which are the best money transfer companies to transfer money to Nigeria from Australia?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Australia to Nigeria, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Australian Dollar to Nigerian Naira exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your NGN money transfers to Nigeria. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Nigeria getting more money for every Australian Dollar you send.


Step by step guide to send money to Nigeria from Australia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Australia to Nigeria, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Australia to Nigeria that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Nigeria where they can receive monies in Nigerian Naira.
  • Then, provide details of your Australia bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your AUD travel to another part of the globe.


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