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Nigeria
Tanzania
NGN

πŸ“ˆ Nigeria to Tanzania Money Transfer Snapshot Today

  • Best NGN to TZS exchange rate today: TZS 1.9069, offered by Verto
  • Number of money transfer providers compared: 1
  • Number of deals and promo codes: 0
  • Mid-marketβ“˜The mid-market exchange rate (also called the interbank rate) is the real NGN to TZS exchange rate before providers add their margin or fees. exchange rate: 1 NGN = TZS 1.9248 (Updated about an hour ago)

See detailed Nigeria to Tanzania money transfer comparison below.

Nigeria to Tanzania money transfer providers that matched the search criteria

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1000 NGN =
1 906.90 TZS
Transfer Limit (NGN): No Limits
Indicative Rate1 NGN = 1.9069 TZS

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 Tanzania from Nigeria today

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

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

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

πŸ₯‡ Verto with 1 NGN = 1.9069 TZS (best NGN to TZS exchange rate today).

Nigerian Naira to Tanzanian Shilling 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 TZS your recipient receives in Tanzania.

Compare the providers above to maximize every NGN you send to Tanzania. The best Nigerian Naira to Tanzanian Shilling transfer rate changes daily, so comparing today matters.


πŸ”„ Looking for the reverse corridor? Send money from Tanzania 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 Tanzania from Nigeria

Here are some latest NGN to TZS (Nigerian Naira to Tanzanian Shilling) exchange rates for popular conversion amounts*.

1 NGN1.92 TZS
5 NGN9.62 TZS
10 NGN19.25 TZS
25 NGN48.12 TZS
50 NGN96.24 TZS
100 NGN192.48 TZS
150 NGN288.72 TZS
200 NGN384.96 TZS
250 NGN481.20 TZS
300 NGN577.44 TZS
400 NGN769.92 TZS
500 NGN962.40 TZS
600 NGN1,154.88 TZS
700 NGN1,347.36 TZS
800 NGN1,539.84 TZS
1000 NGN1,924.80 TZS
1500 NGN2,887.20 TZS
2000 NGN3,849.60 TZS
2500 NGN4,812.00 TZS
3000 NGN5,774.40 TZS
4000 NGN7,699.20 TZS
5000 NGN9,624.00 TZS
10000 NGN19,248.00 TZS
15000 NGN28,872.00 TZS
20000 NGN38,496.00 TZS
30000 NGN57,744.00 TZS
40000 NGN76,992.00 TZS
50000 NGN96,240.00 TZS
100000 NGN192,480.00 TZS

*Based on the Mid-market Exchange Rateβ“˜The mid-market exchange rate (also called the interbank rate) is the real NGN to TZS 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 Tanzania?

Sending money internationally to Tanzania from Nigeria can be challenging given so many companies willing to move your money overseas.

To make this easier, RemitFinder compares exchange rates from various providers to bring you the best choices for your Nigerian Naira to TZS money transfers.

These companies been vetted by our team to ensure you get access to safe, secure and reliable providers to send money to Tanzania from Nigeria. Plus, you can take advantage of exclusive promo codes and deals so your loved ones back home get maximum TZS for every Nigerian Naira you send.


How to get the best NGN to TZS remittance 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 Tanzanian Shilling 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 Tanzania.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promo codes for NGN to TZS 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 Tanzania?

Finding the cheapest way to send money from Nigeria to Tanzania may not be easy, especially with so many choices available.

It may be tempting to use traditional services like currency exchanges in malls or grocery outlets. Whilst you can certainly transfer money from NGN to TZS via these channels, they may not be the most economical.

Online money transfers are more cost effective, and RemitFinder provides you many good choices to get the best Nigeria to Tanzania exchange rate. Many of these providers also provide exclusive promo codes and offers to our customers; availing these will reduce the cost of your transfer further.


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

Bank transfers are a convenient and familiar way to send money overseas from Nigeria to Tanzania. 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 TZS exchange rates. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on Nigeria to Tanzania remittances.

We, therefore, recommend that before you use your Nigeria bank for your Tanzania 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 Tanzanian Shilling your recipient gets in Tanzania.


How to remit money to Tanzania from Nigeria fast?

The speed of your Nigerian Naira to Tanzanian Shilling funds transfer will depend on various factors - provider you use, how you fund your transaction and how you pay your recipient. Compare providers to find the best fit.

Our comprehensive guide on remittances can help you understand important factors to convert from NGN to TZS. This will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

For example, to send money fast to Tanzania from Nigeria, you could use cash as payment and delivery method. But you need to go to physical locations, and there is risk involved in carrying cash.

Another fast way is to send TZS into a mobile wallet, or do a mobile airtime top up. These methods are faster than Nigeria bank to Tanzania bank transfer.


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

Finding the best money transfer companies for sending money to Tanzania from Nigeria can be challenging, especially given the many choices.

When comparing providers, inspect them on various parameters to gauge the best fit for sending to Tanzania. For example, how much do you want to send? Are you OK paying a fee for your Nigerian Naira to Tanzanian Shilling transfer? Can you send money using indicative rates? When you apply your criteria to the choices you see, you can fine tune the list to a small number.

Finally, keep an eye on promotions as they will help maximize your TZS yield on every Nigerian Naira that you send.


Step by step guide to transfer money to Tanzania from Nigeria

Follow the below easy steps to send money to Tanzania from Nigeria.

  • Choose a provider that meets your needs and register an account with them.
  • Provide info and documentation to verify identity and address - providers need this information to secure your account and prevent fraud.
  • Add your payment method to fund your transaction; generally, your Nigeria bank account.
  • Add recipient details (can also be your own account in Tanzania).
  • Specify how the recipient will get the proceeds; for example, a bank account.
  • Enter the transfer amount and start the transaction.

The provider will then work on your NGN to TZS remittance, and notify you about progress.

Whilst it's easy to send money online, the harder part may be choosing the right provider. This is where you can use RemitFinder tom easily compare money transfer companies.