Compare transfer rates
Every provider, ranked by the true effective rate — the amount your recipient actually receives for what you pay. Adjust the amount, funding and payout method to match how you send.
BestAfricanFX may earn a commission when you click through to a provider or complete a transfer that originates from us. This never affects our comparisons — they are ordered solely by the effective rate you actually receive, and nobody can pay us to rank higher.
Analysis — USD→NGN
Rate history, provider benchmarks and rank trajectory for this corridor. All derived from genuine six-hourly readings.
Rate history
Per-provider effective rate captured at every six-hourly refresh, versus the mid-market rate. Showing the last 3 days — unlock the full history with Plus.
Top 6 performers
as ofProviders ranked 7–12
Providers ranked 13–17
Each point is a real reading captured at one of our six-hourly refreshes, so the line steps whenever a provider changed its rate between refreshes. Hover any point for its exact time (shown in your local time). Showing the last 3 days.
WorldRemit is listed in the comparison above but not charted here: it publishes a live exchange rate but no transfer fee, so its payout is a before-fee estimate that can’t be plotted honestly on the same effective-rate axis as fully-priced providers.
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Extended history beyond 30 days — up to a full year, plus premium-licensed multi-year series and per-refresh dynamism data — is available to enterprise customers.
Explore enterprise data →See the full rate history
You're viewing the last 3 days. Plus unlocks the full 30-day historical window for every provider.
Relative movement — who's climbing, who's slipping
Each provider's rank over time versus its peers and the official rate, from real six-hourly readings.
Rank trajectory (1 = best value, top of chart)
The full rank-trajectory chart is a Pro feature. The movement summary below stays free.
| Provider | Now | Avg rank | Movement | Best–worst | Consistency | Top-3 time | Gap to official |
|---|---|---|---|---|---|---|---|
| Pesa | 1 | 1.8 | Steady | 1–2 | ±0.4 | 100% | 2.9% |
| Flutterwave | 2 | 1.2 | Steady | 1–2 | ±0.4 | 100% | 3.0% |
| Expedier | 3 | 4.2 | Slipping | 3–6 | ±1.2 | 38% | 2.3% |
| Zobo | 4 | 3.6 | Climbing | 3–4 | ±0.5 | 38% | 2.4% |
| Africhange | 4 | 5.9 | Climbing | 4–7 | ±0.9 | 0% | 2.2% |
| Nala | 5 | 5.1 | Slipping | 4–6 | ±0.6 | 0% | 2.2% |
| Sendwave | 6 | 5.7 | Slipping | 3–7 | ±1.5 | 23% | 2.2% |
| Wise | 7 | 10.1 | Climbing | 7–12 | ±1.3 | 0% | 1.7% |
| LemFi | 8 | 6.9 | Slipping | 6–8 | ±0.8 | 0% | 2.1% |
| PayAngel | 8 | 8.9 | Steady | 8–10 | ±0.7 | 0% | 1.8% |
| TapTap Send | 8 | 9.2 | Climbing | 6–13 | ±2.7 | 0% | 1.9% |
| Remitly | 9 | 8.5 | Slipping | 7–11 | ±1.2 | 0% | 1.8% |
| Grey | 10 | 10.6 | Slipping | 9–13 | ±1.3 | 0% | 1.7% |
| Paysend | 11 | 12.2 | Steady | 11–14 | ±0.9 | 0% | 1.5% |
| Xe | 12 | 14.1 | Climbing | 12–15 | ±1.0 | 0% | 1.4% |
| Western Union | 13 | 13.7 | Slipping | 12–16 | ±1.2 | 0% | 1.4% |
| Instarem | 14 | 15.4 | Steady | 14–17 | ±1.0 | 0% | 0.9% |
Built from 10 genuine six-hourly readings. “Movement” compares each provider’s earliest readings in the window with its latest; “consistency” is how much its rank swings (smaller = steadier). “Gap to official” is the average distance between the provider’s effective rate and the government rate over the window — smaller means it hugs the official rate more closely.
Spread & volatility analytics
30-day intelligence on this corridor
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Performance benchmark
Each provider vs the top, the bottom, the market average & the official rate
Unlock every provider’s benchmark vs the top, bottom & market average with BestAfricanFX Pro.
Need longer-horizon benchmarks — multi-month, annual or multi-year performance vs top, bottom and average? Enterprise data →
Every effort has been made to ensure accurate rates for each provider. However, rates and individual company policies are subject to change multiple times a day. Always confirm the final rate, fees and delivery time on the provider’s own website before sending money. BestAfricanFX does not hold, transfer or convert funds. We compare a finite sample of providers, so we cannot guarantee these are the best rates available anywhere. Use of this service implies acceptance of our Terms & Conditions.