What does it cost to send $1,000 CAD to Nigeria?
Model the visible fee and exchange-rate markup, then compare the exact NGN amount shown by Wise, Remitly, WorldRemit or another provider.
$1,000 transfer-cost calculator
The 1% markup and $5 fee are editable examples, not a provider quote. Enter the fee and rate spread from the live checkout you are comparing.
Why a small FX spread matters on $1,000
A provider can charge no visible transfer fee and still cost more if its exchange rate is weaker than the mid-market rate. On a $1,000 transfer, a 1% exchange-rate markup represents about $$10.00 of value before any visible transfer fee.
| Illustrative FX markup | Cost on $1,000 | Plus a $5 visible fee |
|---|---|---|
| 0.5% | $5.00 | $10.00 |
| 1% | $10.00 | $15.00 |
| 2% | $20.00 | $25.00 |
| 3% | $30.00 | $35.00 |
Current providers worth checking for Nigeria
Nigeria is a strong example of why a “zero fee” headline is incomplete. Compare the NGN delivered after both fees and FX conversion.
Wise: Transparent bank-account benchmark. Wise sends NGN to supported local bank accounts; funding method changes the fee. Check current Wise route →
Remitly: Bank deposit, cash pickup or mobile wallet. Remitly supports multiple Nigeria receive methods; exact choices vary by transfer. Check current Remitly route →
WorldRemit: Multiple payout methods. WorldRemit currently offers bank transfer, cash pickup and mobile money for Nigeria. Check current WorldRemit route →
Use the final recipient amount as the tie-breaker
For a fair comparison, open the providers within a short time window, enter exactly $1,000 CAD, choose the same payout method where possible and write down the final NGN amount the recipient will receive. That automatically captures most fee and exchange-rate differences without requiring you to reverse-engineer every pricing component.
Do not treat a first-transfer promotional rate as normal repeat pricing. Promotions can be valuable, but a recurring sender should also compare a non-promotional quote. Card-funded transfers can also create extra provider or card-issuer costs that do not appear in a headline transfer fee.
Related CanadaStarter pages
Canada to Nigeria money-transfer guide →
Cost to send $500 CAD to Nigeria →
Cost to send $2,000 CAD to Nigeria →
Cost to send $5,000 CAD to Nigeria →
Full FX Cost Calculator →
FX Markup Cost Reference →
General comparison information only. Exchange rates, fees, payout methods, limits and promotions change. Verify the final provider checkout before sending.