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πŸ“ˆ China to Nigeria Money Transfer Snapshot Today

  • Best CNY to NGN exchange rate today: NGN 196.4603, offered by Verto
  • Number of money transfer providers compared: 3
  • Exchange rate range: NGN 196.4603 to NGN 194.7097
  • Potential savings on CNY 1000: NGN 1,750.60
  • Number of deals and promo codes: 0
  • Mid-marketβ“˜The mid-market exchange rate (also called the interbank rate) is the real CNY to NGN exchange rate before providers add their margin or fees. exchange rate: 1 CNY = NGN 197.7456 (Updated about an hour ago)

See detailed China to Nigeria money transfer comparison below.

China to Nigeria money transfer providers that matched the search criteria

(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜…
1000 CNY =
196 460.30 NGN
Transfer Limit (CNY): No Limits
Indicative Rate1 CNY = 196.4603 NGN

πŸ“’ B2B transfers only
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1000 CNY =
194 716.80 NGN
Transfer Limit (CNY): 1 - 1000000
Locked-In Rate1 CNY = 194.7168 NGN
(*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜… (*)β˜…β˜…
1000 CNY =
194 709.70 NGN
Transfer Limit (CNY): No Limits
Indicative Rate1 CNY = 194.7097 NGN

πŸ“’ B2B transfers only

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 these rates mean for sending money to Nigeria from China today

Compare top-rated money transfer providers to find the best way to remit money to Nigeria from China. Check today's CNY to NGN exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.

RemitFinder compared 3 providers for China to Nigeria money transfers today. Here is what the competition looks like right now:

Today's Most Competitive Providers to Transfer Money to Nigeria from China

πŸ₯‡ Verto with 1 CNY = 196.4603 NGN (best CNY to NGN exchange rate today).

πŸ₯ˆ Wise offering 1 CNY = 194.7168 NGN.

πŸ₯‰ Airwallex is also pricing CNY-NGN competitively today.

The 3 providers compared today offer exchange rates from NGN 194.7097 to NGN 196.4603. On a CNY 1000 transfer from China to Nigeria, that spread means up to NGN 1,750.60 in potential savings β€” simply by choosing the right provider.

Chinese Yuan to Nigerian Naira exchange rates fluctuate throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate offered can significantly impact how much NGN your recipient receives in Nigeria.

Compare the providers above to maximize every CNY you send to Nigeria. The best Chinese Yuan to Nigerian Naira transfer rate changes daily, so comparing today matters.


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



Latest Exchange Rates for Sending Money to Nigeria from China

Here are some latest CNY to NGN (Chinese Yuan to Nigerian Naira) exchange rates for popular conversion amounts*.

1 CNY197.75 NGN
5 CNY988.73 NGN
10 CNY1,977.46 NGN
25 CNY4,943.64 NGN
50 CNY9,887.28 NGN
100 CNY19,774.56 NGN
150 CNY29,661.84 NGN
200 CNY39,549.12 NGN
250 CNY49,436.40 NGN
300 CNY59,323.68 NGN
400 CNY79,098.24 NGN
500 CNY98,872.80 NGN
600 CNY118,647.36 NGN
700 CNY138,421.92 NGN
800 CNY158,196.48 NGN
1000 CNY197,745.60 NGN
1500 CNY296,618.40 NGN
2000 CNY395,491.20 NGN
2500 CNY494,364.00 NGN
3000 CNY593,236.80 NGN
4000 CNY790,982.40 NGN
5000 CNY988,728.00 NGN
10000 CNY1,977,456.00 NGN
15000 CNY2,966,184.00 NGN
20000 CNY3,954,912.00 NGN
30000 CNY5,932,368.00 NGN
40000 CNY7,909,824.00 NGN
50000 CNY9,887,280.00 NGN
100000 CNY19,774,560.00 NGN

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


What is the best way to transfer money to Nigeria from China?

With the remittance market booming, there are so many choices for Chinese Yuan to NGN money transfers. Plus, the entry of new fintech companies makes it harder to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies for sending money to Nigeria from China. All providers on our platform are established, secure companies that our expert team has evaluated.

In addition, these providers offer you exclusive deals and promo codes; these offers help you further maximize the final NGN amount that your recipient in China gets.


How to get the best CNY to NGN transfer rate?

Chinese Yuan to Nigerian Naira exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Nigeria from China. Another added complexity is the multitude of choices at your disposal, making manual searching time consuming and difficult.

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

This way, you do not miss out on good choices if we add new partners for the China to Nigeria corridor.


What is the cheapest way to send money from China to Nigeria?

To send money to Nigeria from China, you should try to maximize the money your recipient gets in Nigerian Naira. Transaction speed, security and other factors notwithstanding, your biggest lever to make the most of your hard earned money is finding the cheapest CNY to NGN money transfer.

Some of the traditional ways to send money may not be the cheapest. For example, you may end up paying high fees as well as get sub optimal exchange rate on your transfer from China to Nigeria.

That is why comparing providers is key. Use RemitFinder to see find the cheapest money transfer options for getting the best China to Nigeria exchange rate. You also get access to many exclusive promo codes and discounts; these help reduce your cost to send Chinese Yuan to Nigeria.


How to transfer money to Nigeria from China through a bank?

There are two major ways that banks in China make money on international funds transfers. First, by charging steep transaction fees (up to USD 35-50, or currency equivalent), and second, by providing a low CNY to NGN exchange rate.

One simple way to maximizing your payout is by minimizing the fees on China to Nigeria money you send, whilst looking for the best rate.

Most remittance companies offer bank to bank transfers for sending money to Nigeria from China. You do this by funding your transfer with your bank account in China, and by paying your recipient in their bank account in Nigeria. But you are likely to get much better rates and lower fees compared to your bank.


How to remit money to Nigeria from China fast?

If you need to convert money from CNY to NGN quickly, compare providers to see which ones can meet your timing needs. Once you identify the right provider, it is easy to send money.

The harder part might be how to identify which providers can execute fast transfers from Chinese Yuan to Nigerian Naira.

Whilst every provider is different, there are some general guidelines that will help send money fast - for example, how you fund your transfer, how your recipient gets the money, or ongoing bank holidays.

To demystify the China to Nigeria remittance process, you can study our detailed guide to money transfers. Awareness of the ins and outs of money transfers will help find fastest possible choices to send money to Nigeria from China.


Which are the best money transfer companies to remit money to Nigeria from China?

Since the Chinese Yuan to Nigerian Naira money transfer space has so many players, selecting the right company might not be easy.

RemitFinder can help you to chart a path forward. Choose your source and destination countries, and compare numerous providers with an easy to follow comparison table.

To further decrease the cost of your CNY to NGN money transfers, we also have exclusive promo codes from various providers. This will increase the final amount your recipient in Nigeria gets. Make sure look at available deals as you select the best provider for your next China to Nigeria money transfer.


Step by step guide to transfer money to Nigeria from China

With so many choices to transfer from Chinese Yuan to Nigerian Naira, it can be difficult to pick the best provider. RemitFinder helps you compare companies and find the best one to move your funds abroad.

Once you have picked the right provider for your China to Nigeria remittance, follow the below steps.

  • Create an account with your provider.
  • Provide info and documents needed by to ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in China and the receiver in Nigeria.
  • When you are ready, choose the amount and start your transaction.
  • At this point, the provider will take it on from here.
  • Watch out for updates on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your CNY to Nigerian Naira money transfers. This way, you can pick whoever is the best at the time you want to send money abroad.