Dyer, a native of Australia, made the announcement on his Twitter feed. He averaged 39.9 yards per attempt this season. He spent only one year at Palomar and will be a sophomore in the fall.
The Lobos lose senior punter Corey Bojorquez, a first-team All-Mountain West selection this fall. Bojorquez has exhausted his eligibility.
UNM now has six known commitments toward its 2018 signing class.
In addition to Dyer, they are:
Chris Elam, an offensive lineman from Kingwood (Texas) High School.
Jarred Sylvester, an offensive lineman from Dodge City (Kansas) Community College.
A.J. Greeley, a defensive back from College of the Sequoias in Visalia, Calif.
Sheriron Jones, a dual-threat quarterback from Mt. San Jacinto College in California.
David Zavala, an offensive lineman from Cerritos College in Norwalk, Calif.
Signing day for mid-year junior college transfers is Wednesday. This year for the first time, high school players also can sign letters of intent during a four-day period beginning Wednesday.