According to RemitRoutes data (updated 4h ago), the cheapest way to send 1,000 USD to Nigeria is Luno at -2.75% total cost. Crypto rails at -2.75% are 0.19 percentage points cheaper than the cheapest traditional option at -2.56%.
Sending $1,000 USD. Rates measured 4h ago from live APIs · refreshed every 6 hours — never estimated.
| Provider | Type | Recipient Gets | All-In Fee | Speed |
|---|---|---|---|---|
| ✦ Luno | Crypto | 1,382,622.44 NGN | -2.75% (crypto premium) | ~1 second |
| WorldRemit | Traditional | 1,380,090 NGN | -2.56% | 1-2 business days |
| Wise | Traditional | 1,366,767.51 NGN | -1.57% | ~2 hours |
| Western Union | Traditional | 1,362,692.4 NGN | -1.27% | 1 business day |
| Instarem | Traditional | 1,334,574.55 NGN | 0.82% | Unknown |
How this corridor's all-in cost has moved — measured corridor fee history from 76 daily snapshots. A negative cost means the recipient gets more than the mid-market amount.
| Rail | Latest | 90-day median | Best | Worst |
|---|---|---|---|---|
| Crypto / stablecoin | -2.51% | -1.83% | -4.03% | -0.51% |
| Traditional | 0.26% | 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