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Nigeria
South Africa
NGN

📈 Nigeria to South Africa Money Transfer Snapshot Today

  • Best NGN to ZAR exchange rate today: ZAR 0.0122, offered by Verto
  • Number of money transfer providers compared: 1
  • Number of deals and promo codes: 0
  • Mid-marketⓘThe mid-market exchange rate (also called the interbank rate) is the real NGN to ZAR exchange rate before providers add their margin or fees. exchange rate: 1 NGN = ZAR 0.0123 (Updated about an hour ago)

See detailed Nigeria to South Africa money transfer comparison below.

Nigeria to South Africa money transfer providers that matched the search criteria

verto
Read more about Verto
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 NGN =
12.20 ZAR
Transfer Limit (NGN): No Limits
Indicative Rate1 NGN = 0.0122 ZAR

📢 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.





💡What these rates mean for sending money to South Africa from Nigeria today

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

RemitFinder compared 1 provider for Nigeria to South Africa money transfers today. Here is what the competition looks like right now:

Today's Most Competitive Providers to Transfer Money to South Africa from Nigeria

🥇 Verto with 1 NGN = 0.0122 ZAR (best NGN to ZAR exchange rate today).

Nigerian Naira to South African Rand 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 ZAR your recipient receives in South Africa.

Compare the providers above to maximize every NGN you send to South Africa. The best Nigerian Naira to South African Rand transfer rate changes daily, so comparing today matters.


🔄 Looking for the reverse corridor? Send money from South Africa to Nigeria 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 Nigeria.



Latest Exchange Rates for Sending Money to South Africa from Nigeria

Here are some latest NGN to ZAR (Nigerian Naira to South African Rand) exchange rates for popular conversion amounts*.

1 NGN0.01 ZAR
5 NGN0.06 ZAR
10 NGN0.12 ZAR
25 NGN0.31 ZAR
50 NGN0.62 ZAR
100 NGN1.23 ZAR
150 NGN1.85 ZAR
200 NGN2.46 ZAR
250 NGN3.08 ZAR
300 NGN3.69 ZAR
400 NGN4.92 ZAR
500 NGN6.15 ZAR
600 NGN7.38 ZAR
700 NGN8.61 ZAR
800 NGN9.84 ZAR
1000 NGN12.30 ZAR
1500 NGN18.45 ZAR
2000 NGN24.60 ZAR
2500 NGN30.75 ZAR
3000 NGN36.90 ZAR
4000 NGN49.20 ZAR
5000 NGN61.50 ZAR
10000 NGN123.00 ZAR
15000 NGN184.50 ZAR
20000 NGN246.00 ZAR
30000 NGN369.00 ZAR
40000 NGN492.00 ZAR
50000 NGN615.00 ZAR
100000 NGN1,230.00 ZAR

*Based on the Mid-market Exchange RateⓘThe mid-market exchange rate (also called the interbank rate) is the real NGN to ZAR 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 from Nigeria to South Africa?

It can get confusing when sending money from Nigeria to South Africa given so many choices. Additionally, Nigerian Naira to ZAR exchange rates fluctuate all the time. RemitFinder helps you compare money transfers companies to choose the best Nigerian Naira to South African Rand exchange rate.

Choose Nigeria to South Africa as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to South Africa from Nigeria.

To further help you maximize the return on your money, we get you access to exclusive promo codes discounts for Nigerian Naira to South African Rand remittances.


How to get the best NGN to ZAR exchange rate?

When sending money overseas, there are a lot of options at your disposal. RemitFinder helps you to decide who to pick for your NGN to South African Rand money transfers by comparing providers side by side.

Our comparison engine compares numerous remittance companies and presents you with the best options for sending money from Nigeria to South Africa.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promo codes for NGN to ZAR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What is the cheapest way to remit money from Nigeria to South Africa?

The amount your recipient gets when you send from NGN to ZAR is the number that matters most. To maximize payout, try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them).

Traditional methods to send money from Nigeria to South Africa charge high fees and provide low rates, resulting in an expensive money transfer.

A good way to find the cheapest options to send Nigerian Naira to South Africa is by comparing providers on RemitFinder. This way, you can get the best Nigerian Naira to South Africa exchange rate.

You can realize additional savings by utilizing exclusive offers and promo codes from our partners. These deals can help lower the cost of you Nigerian Naira to South Africa money transfer even more.


Should I use my bank to send money from Nigeria to South Africa?

Bank transfers are a convenient and familiar way to send money overseas from Nigeria to South Africa. But they may not be the cheapest option available to you.

In general, banks charge high fees (up to USD 35-50, or currency equivalent) and provide lower NGN to ZAR exchange rates. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on Nigeria to South Africa remittances.

We, therefore, recommend that before you use your Nigeria bank for your South Africa money transfers, you explore other options to carefully review your total cost as well as the exchange rate you will get. Combined, these two factors will impact how much South African Rand your recipient gets in South Africa.


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

If you need to send from NGN to ZAR fast, you could pay with cash, and have your recipient do a cash pickup overseas. That said, handling cash can be a safety issue. Plus, cash transactions come with a worse exchange rate.

Another option to move money quickly from Nigeria to South Africa is sending to a mobile wallet.

There are many factors that have an impact on your Nigerian Naira to South African Rand funds transfer speed. Read our complete guide to remittances to learn how to make fast money transfers.

With many choices available, compare providers to remit money from Nigeria to South Africa. Once you understand the factors that affect transfer speed, you can minimize the time your money is in transit.


Which are the best money transfer companies to transfer money from Nigeria to South Africa?

The definition of "best" is personal to everyone. It may even vary from one Nigeria to South Africa transfer to the next.

When comparing providers, check for factors like the best Nigerian Naira to South African Rand exchange rate, limits, fees, speed, payment and delivery methods, and deals and promotions. Use these parameter to fine tune your choices.

By doing this, you can assess which providers fit your need for ZAR money transfer to South Africa.

Finally, look for any promotions from these providers as these will lower your overall cost. This way, your recipient in South Africa will get more money for every Nigerian Naira you send.


Step by step guide to remit money to South Africa from Nigeria

The first step in sending money to South Africa from Nigeria is to select a money transfer provider that suits your needs. You can use RemitFinder's comparison tool to compare choices.

Once you have chosen a provider, follow these steps to make your NGN to ZAR money transfer.

  • Click through to the provider's site and register an account.
  • Provide information and documentation that the provider may need for compliance and regulatory checks.
  • Add recipient information including their payout info like bank account in South Africa.
  • Enter your transfer amount, and initiate the transfer.
  • Pay for your transfer via your Nigeria bank account or other methods like a Debit Card.
  • Your provider should process the transfer to South Africa.

The provider will notify you of the progress on your transfer. Many companies also have mobile apps; you can use that to track the real time status of your transfer from Nigeria to South Africa.