According to RemitRoutes data (updated 1h ago), the cheapest way to send 1,000 USD to Nigeria is Luno at -0.96% total cost. Crypto rails at -0.96% are 1.32 percentage points cheaper than the cheapest traditional option at 0.36%.
Sending $1,000 USD. Rates measured 1h ago from live APIs · refreshed every 6 hours — never estimated.
| Provider | Type | Recipient Gets | All-In Fee | Speed |
|---|---|---|---|---|
| ✦ Luno | Crypto | 1,393,264.73 NGN | -0.96% (crypto premium) | ~1 second |
| Quidax | Crypto | 1,386,068.93 NGN | -0.43% (crypto premium) | ~5 seconds |
| WorldRemit | Traditional | 1,375,089 NGN | 0.36% | 1-2 business days |
| Instarem | Traditional | 1,374,572.8 NGN | 0.40% | Unknown |
| Remitly | Traditional | 1,367,940 NGN | 0.88% | Minutes |
| Wise | Traditional | 1,364,238.69 NGN | 1.15% | ~8 hours |
How this corridor's all-in cost has moved — measured corridor fee history from 32 daily snapshots. A negative cost means the recipient gets more than the mid-market amount.
| Rail | Latest | 90-day median | Best | Worst |
|---|---|---|---|---|
| Crypto / stablecoin | -1.11% | -1.35% | -4.03% | -0.51% |
| Traditional | 0.30% | 0.30% | 0.00% | 1.22% |
Updated every 6 hours from real APIs (Wise, CCXT, CoinGecko). No data is estimated or hardcoded. See methodology · Full USD → NGN cost data