MoneyTransfers

How to send money to Gambia from Nigeria with the best NGN-GMD rate

Afriex is the overall cheapest way to send money from Nigeria out of the 4 options available. It will get you 18,082.21 GMD from a 360,000 NGN transfer.

In Gambia, you can withdraw money using bank deposit.

Use our filters below to find the best transfer option for your needs.

Best companies for NGN/GMD transfers

4 of 4 providers

Last updated on 28 October 2026

Based on 360,000 NGN transfer

Best companies for NGN/GMD transfers

Sort Cheapest

Run a live search

Showing top Nigeria to Gambia deals for 360,000 NGN. Do a live search with your exact amount for today's best rates.

Afriex

Pay via Bank transfer
Fee ₦0.00 1 NGN = 0.0502 GMD +9.00% vs mid-market Recipient gets GMD 18,082.21 Minutes - 24 hours
0 reviews
Cheapest

Ways to receive money in Gambia with Afriex when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 NGN = 0.0502 GMD
GMD 18,082.21You pay₦360,000.00
Send Money Between PayPal Accounts

PayPal App (P2P Transfer)

Pay via Bank transfer
Fee ₦14,400.00 1 NGN = 0.0519 GMD +6.00% vs mid-market Recipient gets GMD 17,931.19 Minutes
0 reviews
Fastest

Ways to receive money in Gambia with PayPal App (P2P Transfer) when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes
₦14,400.001 NGN = 0.0519 GMD
GMD 17,931.19You pay₦360,000.00
Send cash via a MoneyGram agent

MoneyGram Agent

Pay via Bank transfer
Fee ₦14,400.00 1 NGN = 0.0519 GMD +6.00% vs mid-market Recipient gets GMD 17,931.19 Minutes - 3 days
0 reviews

Ways to receive money in Gambia with MoneyGram Agent when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
₦14,400.001 NGN = 0.0519 GMD
GMD 17,931.19You pay₦360,000.00
Send cash via a Western Union agent

Western Union Agent

Pay via Bank transfer
Fee ₦10,800.00 1 NGN = 0.0513 GMD +7.00% vs mid-market Recipient gets GMD 17,925.23 Minutes - 5 days
0 reviews
Recommended

Ways to receive money in Gambia with Western Union Agent when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 5 days
₦10,800.001 NGN = 0.0513 GMD
GMD 17,925.23You pay₦360,000.00
How Our Results Work
Mid-market rate: 1 NGN = 0.0552 GMD Updates every 60 minutes.

How to send money from Nigeria to Gambia

Pick a company

Start with the best service, which is Afriex at 18,082.21 GMD for a ₦360,000 transfer.

Afriex was the cheapest on 29 of the 29 days it quoted ₦360,000 transfers to Gambia.

Most of the transfer apps you see advertised only bring money into Nigeria, but companies above can send it out.

Fund your transfer

You have 1 ways to pay, including bank transfer.

A transfer from your banking app is instant and free, and it's how nearly everyone pays.

Verify and send

First time round you'll need your BVN and a photo ID.

Get it done before the day you need to send, since it's the usual reason a first transfer stalls.

Check the rate you're shown against the day's rate before you confirm.

Compare amounts

How much NGN are you sending to Gambia?

How much NGN you send to Gambia heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Afriex was the cheapest in 100% of all the transfers it quoted over the past month.

Cheapest service
₦100,0009.00%₦0.00GMD 5,019.29with bank transfer to bank deposit+GMD 177.88
₦250,0009.00%₦0.00GMD 12,548.44with bank transfer to bank deposit+GMD 79.63
₦300,0009.00%₦0.00GMD 15,052.40with bank transfer to bank deposit+GMD 95.52
₦360,000This page9.00%₦0.00GMD 18,082.21with bank transfer to bank deposit+GMD 114.76

Mid-market rate: 1 NGN = 0.0552 GMD

NGN/GMD Exchange Rate History

Is today a good time to send money from Nigeria to Gambia?

The cheapest way to send NGN to GMD can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Afriex), across 30 days of comparisons for 360,000 NGN transfers to Gambia.

GMD received for ₦360,000, after fees

Wed, 28 Oct 2026Mid-market rateGMD 19,870.56 Afriex GMD 18,082.21AfriexGMD 18,082.21PayPal App (P2P Transfer)GMD 17,931.19MoneyGram AgentGMD 17,931.19

17,500
18,000
18,500
19,000
19,500
20,000
20,500
At the mid-market rateWith the cheapest optionAfriexPayPal App (P2P Transfer)MoneyGram Agent
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0560 – GMD 20,151.72
Afriex Cheapest 0.0509 ₦0.00 GMD 18,338.07 −GMD 1,813.65
PayPal App (P2P Transfer) 0.0526 ₦14,400.00 GMD 18,184.91 −GMD 1,966.81
MoneyGram Agent 0.0526 ₦14,400.00 GMD 18,184.91 −GMD 1,966.81
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0554 – GMD 19,945.80
Afriex Cheapest 0.0504 ₦0.00 GMD 18,150.68 −GMD 1,795.12
PayPal App (P2P Transfer) 0.0521 ₦14,400.00 GMD 17,999.09 −GMD 1,946.71
MoneyGram Agent 0.0521 ₦14,400.00 GMD 17,999.09 −GMD 1,946.71
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0558 – GMD 20,073.60
Afriex Cheapest 0.0507 ₦0.00 GMD 18,266.98 −GMD 1,806.62
PayPal App (P2P Transfer) 0.0524 ₦14,400.00 GMD 18,114.42 −GMD 1,959.18
MoneyGram Agent 0.0524 ₦14,400.00 GMD 18,114.42 −GMD 1,959.18
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0553 – GMD 19,921.32
Afriex Cheapest 0.0504 ₦0.00 GMD 18,128.40 −GMD 1,792.92
PayPal App (P2P Transfer) 0.0520 ₦14,400.00 GMD 17,977.00 −GMD 1,944.32
MoneyGram Agent 0.0520 ₦14,400.00 GMD 17,977.00 −GMD 1,944.32
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0552 – GMD 19,883.88
Afriex Cheapest 0.0503 ₦0.00 GMD 18,094.33 −GMD 1,789.55
PayPal App (P2P Transfer) 0.0519 ₦14,400.00 GMD 17,943.21 −GMD 1,940.67
MoneyGram Agent 0.0519 ₦14,400.00 GMD 17,943.21 −GMD 1,940.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0552 – GMD 19,883.88
Afriex Cheapest 0.0503 ₦0.00 GMD 18,094.33 −GMD 1,789.55
PayPal App (P2P Transfer) 0.0519 ₦14,400.00 GMD 17,943.21 −GMD 1,940.67
MoneyGram Agent 0.0519 ₦14,400.00 GMD 17,943.21 −GMD 1,940.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0554 – GMD 19,933.20
Afriex Cheapest 0.0504 ₦0.00 GMD 18,139.21 −GMD 1,793.99
PayPal App (P2P Transfer) 0.0520 ₦14,400.00 GMD 17,987.72 −GMD 1,945.48
MoneyGram Agent 0.0520 ₦14,400.00 GMD 17,987.72 −GMD 1,945.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0560 – GMD 20,151.36
Afriex Cheapest 0.0509 ₦0.00 GMD 18,337.74 −GMD 1,813.62
PayPal App (P2P Transfer) 0.0526 ₦14,400.00 GMD 18,184.59 −GMD 1,966.77
MoneyGram Agent 0.0526 ₦14,400.00 GMD 18,184.59 −GMD 1,966.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0558 – GMD 20,094.48
Afriex Cheapest 0.0508 ₦0.00 GMD 18,285.98 −GMD 1,808.50
PayPal App (P2P Transfer) 0.0525 ₦14,400.00 GMD 18,133.26 −GMD 1,961.22
MoneyGram Agent 0.0525 ₦14,400.00 GMD 18,133.26 −GMD 1,961.22
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0557 – GMD 20,041.92
Afriex Cheapest 0.0507 ₦0.00 GMD 18,238.15 −GMD 1,803.77
PayPal App (P2P Transfer) 0.0523 ₦14,400.00 GMD 18,085.83 −GMD 1,956.09
MoneyGram Agent 0.0523 ₦14,400.00 GMD 18,085.83 −GMD 1,956.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0557 – GMD 20,040.12
Afriex Cheapest 0.0507 ₦0.00 GMD 18,236.51 −GMD 1,803.61
PayPal App (P2P Transfer) 0.0523 ₦14,400.00 GMD 18,084.20 −GMD 1,955.92
MoneyGram Agent 0.0523 ₦14,400.00 GMD 18,084.20 −GMD 1,955.92
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0553 – GMD 19,910.88
Afriex Cheapest 0.0503 ₦0.00 GMD 18,118.90 −GMD 1,791.98
PayPal App (P2P Transfer) 0.0520 ₦14,400.00 GMD 17,967.58 −GMD 1,943.30
MoneyGram Agent 0.0520 ₦14,400.00 GMD 17,967.58 −GMD 1,943.30

No data was collected on Sun, 11 Oct 2026.

Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0552 – GMD 19,879.20
Afriex Cheapest 0.0503 ₦0.00 GMD 18,090.07 −GMD 1,789.13
PayPal App (P2P Transfer) 0.0519 ₦14,400.00 GMD 17,938.99 −GMD 1,940.21
MoneyGram Agent 0.0519 ₦14,400.00 GMD 17,938.99 −GMD 1,940.21
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0553 – GMD 19,902.60
Afriex Cheapest 0.0503 ₦0.00 GMD 18,111.37 −GMD 1,791.23
PayPal App (P2P Transfer) 0.0520 ₦14,400.00 GMD 17,960.11 −GMD 1,942.49
MoneyGram Agent 0.0520 ₦14,400.00 GMD 17,960.11 −GMD 1,942.49
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0557 – GMD 20,041.92
Afriex Cheapest 0.0507 ₦0.00 GMD 18,238.15 −GMD 1,803.77
PayPal App (P2P Transfer) 0.0523 ₦14,400.00 GMD 18,085.83 −GMD 1,956.09
MoneyGram Agent 0.0523 ₦14,400.00 GMD 18,085.83 −GMD 1,956.09
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0556 – GMD 20,028.24
Afriex Cheapest 0.0506 ₦0.00 GMD 18,225.70 −GMD 1,802.54
PayPal App (P2P Transfer) 0.0523 ₦14,400.00 GMD 18,073.48 −GMD 1,954.76
MoneyGram Agent 0.0523 ₦14,400.00 GMD 18,073.48 −GMD 1,954.76
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0552 – GMD 19,877.76
Afriex Cheapest 0.0502 ₦0.00 GMD 18,088.76 −GMD 1,789.00
PayPal App (P2P Transfer) 0.0519 ₦14,400.00 GMD 17,937.69 −GMD 1,940.07
MoneyGram Agent 0.0519 ₦14,400.00 GMD 17,937.69 −GMD 1,940.07
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0552 – GMD 19,877.76
Afriex Cheapest 0.0502 ₦0.00 GMD 18,088.76 −GMD 1,789.00
PayPal App (P2P Transfer) 0.0519 ₦14,400.00 GMD 17,937.69 −GMD 1,940.07
MoneyGram Agent 0.0519 ₦14,400.00 GMD 17,937.69 −GMD 1,940.07
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0552 – GMD 19,877.76
Afriex Cheapest 0.0502 ₦0.00 GMD 18,088.76 −GMD 1,789.00
PayPal App (P2P Transfer) 0.0519 ₦14,400.00 GMD 17,937.69 −GMD 1,940.07
MoneyGram Agent 0.0519 ₦14,400.00 GMD 17,937.69 −GMD 1,940.07
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0551 – GMD 19,840.68
Afriex Cheapest 0.0502 ₦0.00 GMD 18,055.02 −GMD 1,785.66
PayPal App (P2P Transfer) 0.0518 ₦14,400.00 GMD 17,904.23 −GMD 1,936.45
MoneyGram Agent 0.0518 ₦14,400.00 GMD 17,904.23 −GMD 1,936.45
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0554 – GMD 19,946.52
Afriex Cheapest 0.0504 ₦0.00 GMD 18,151.33 −GMD 1,795.19
PayPal App (P2P Transfer) 0.0521 ₦14,400.00 GMD 17,999.74 −GMD 1,946.78
MoneyGram Agent 0.0521 ₦14,400.00 GMD 17,999.74 −GMD 1,946.78
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0552 – GMD 19,879.92
Afriex Cheapest 0.0503 ₦0.00 GMD 18,090.73 −GMD 1,789.19
PayPal App (P2P Transfer) 0.0519 ₦14,400.00 GMD 17,939.64 −GMD 1,940.28
MoneyGram Agent 0.0519 ₦14,400.00 GMD 17,939.64 −GMD 1,940.28
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0548 – GMD 19,725.84
Afriex Cheapest 0.0499 ₦0.00 GMD 17,950.51 −GMD 1,775.33
PayPal App (P2P Transfer) 0.0515 ₦14,400.00 GMD 17,800.60 −GMD 1,925.24
MoneyGram Agent 0.0515 ₦14,400.00 GMD 17,800.60 −GMD 1,925.24
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0556 – GMD 20,016.00
Afriex Cheapest 0.0506 ₦0.00 GMD 18,214.56 −GMD 1,801.44
PayPal App (P2P Transfer) 0.0523 ₦14,400.00 GMD 18,062.44 −GMD 1,953.56
MoneyGram Agent 0.0523 ₦14,400.00 GMD 18,062.44 −GMD 1,953.56
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0556 – GMD 19,999.08
Afriex Cheapest 0.0506 ₦0.00 GMD 18,199.16 −GMD 1,799.92
PayPal App (P2P Transfer) 0.0522 ₦14,400.00 GMD 18,047.17 −GMD 1,951.91
MoneyGram Agent 0.0522 ₦14,400.00 GMD 18,047.17 −GMD 1,951.91
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0556 – GMD 19,999.08
Afriex Cheapest 0.0506 ₦0.00 GMD 18,199.16 −GMD 1,799.92
PayPal App (P2P Transfer) 0.0522 ₦14,400.00 GMD 18,047.17 −GMD 1,951.91
MoneyGram Agent 0.0522 ₦14,400.00 GMD 18,047.17 −GMD 1,951.91
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0550 – GMD 19,784.88
Afriex Cheapest 0.0500 ₦0.00 GMD 18,004.24 −GMD 1,780.64
PayPal App (P2P Transfer) 0.0517 ₦14,400.00 GMD 17,853.88 −GMD 1,931.00
MoneyGram Agent 0.0517 ₦14,400.00 GMD 17,853.88 −GMD 1,931.00
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0552 – GMD 19,881.72
Afriex Cheapest 0.0503 ₦0.00 GMD 18,092.37 −GMD 1,789.35
PayPal App (P2P Transfer) 0.0519 ₦14,400.00 GMD 17,941.26 −GMD 1,940.46
MoneyGram Agent 0.0519 ₦14,400.00 GMD 17,941.26 −GMD 1,940.46
Exchange rateFeeRecipient getsDifference
Mid-market rate 0.0552 – GMD 19,870.56
Afriex Cheapest 0.0502 ₦0.00 GMD 18,082.21 −GMD 1,788.35
PayPal App (P2P Transfer) 0.0519 ₦14,400.00 GMD 17,931.19 −GMD 1,939.37
MoneyGram Agent 0.0519 ₦14,400.00 GMD 17,931.19 −GMD 1,939.37

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send ₦360,000, after fees, as quoted by each company. The mid-market line shows what ₦360,000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more GMD per NGN than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

No company, app or bank beat the mid-market rate over the past month, meaning you lose a bit of GMD on every transfer from Nigeria.

Right now, Afriex pays 18,082.21 GMD on 360,000 NGN, which is 1,788.35 GMD less than the mid-market amount.

Today's payout isn't the best this month though, since the highest receive amount was 18,338.07 GMD.

If you can wait and want to get the most out of your transfer, create a rate alert and we'll let you know when the rate improves.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Gambia.

We've tracked 170 comparisons to check how often today's top companies were the cheapest across 8 amounts over the past month.

  1. AfriexAppeared in 88 comparisons

    Cheapest every time

  2. PayPal App (P2P Transfer)Appeared in 88 comparisons

    Never the cheapest

  3. MoneyGram AgentAppeared in 88 comparisons

    Never the cheapest

Based on 170 comparisons across 8 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Afriex is the cheapest and gets you the most GMD, and it was also the cheapest in 100% of the 88 comparisons it appeared in over the past month.

It's a good pick for both one-off and regular transfers to Gambia.

PayPal App (P2P Transfer) (today's second cheapest) was the cheapest in only 0% of its comparisons, so it's rarely the cheapest option for transfers to Gambia.

Ways to send money from Nigeria to Gambia

There are 4 money transfer services sending NGN to Gambia.

Cheapest way to send NGN

Apps and online transfers

You can send NGN to Gambia online or through the app.

The cheapest way is Afriex, it will get you 18,082.21 GMD for ₦360,000.

In our comparisons over the past month, it was the cheapest online service on 29 of the 29 days it quoted.

To get the most out of your transfer, deposit with a bank transfer and receive with a bank deposit.

Ways to fund NGN and receive GMD in Gambia

With Afriex, paying by bank transfer and receiving through a bank deposit is the cheapest combination. Sending ₦360,000 gives your recipient 18,082.21 GMD.

For paying in NGN, you can use bank transfer.

I suggest funding the NGN side by bank transfer

Use bank transfer to add NGN from your Nigerian account.

NIP moves the money to the specialist within Nigeria, then the specialist handles the cross-border transfer to Gambia over internal network.

They can receive GMD using bank deposit.

To receive money as bank deposit (straight to their bank account), enter their bank and account details in Gambia.

  1. 1
    Bank transfer Bank deposit

    You pay ₦360,000.00

    D18,082

    Cheapest

Things to know before sending NGN to Gambia

Sending money out of Nigeria is an access-to-FX problem first. The cheapest quote only matters if the company can legally accept NGN from a Nigerian resident.

Compare the available NGN/GMD options

There are 4 companies available for a ₦360,000 transfer to Gambia, so the shortlist is smaller than it is for money coming into Nigeria.

Cheapest way to send money to Gambia

The cheapest option is Afriex, funded by bank transfer with bank deposit for the payout. Your recipient gets 18,082.21 GMD, which is 0.84% more than the next best option.

Fastest way to send money to Gambia

The fastest option is PayPal App (P2P Transfer). Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 17,931.19 GMD in minutes.

NIP stops at the Nigerian border

NIP can move NGN from your bank to the transfer company within Nigeria, but it does not send the money to Gambia.

The company still needs an approved cross-border route for the conversion and payout.

For a bank wire, money already held in a domiciliary account is generally easier to document than foreign currency bought informally and deposited as cash.

Check the CBN licence

Use the CBN's licensed institution records and confirm that the service is authorised for money transfers.

Do not send naira to a personal account or an unknown USDT seller because the quoted rate is better.

If the transfer fails, there may be no real way to recover it.

How we analyse the market

Only companies licensed to send money out of Nigeria make this table, which rules out most of the apps you'll see advertised.

In the past 30 days alone, we analysed 170 comparisons across 8 amounts.

This page covers the cheapest and fastest options for NGN/GMD transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

We track 4 of them on NGN to GMD, comparing rates, fees and how the money is paid in and collected. Each goes through our review first.

Rates here move daily, so ours refresh in real time on live searches. More on who we are, why you can trust us and getting started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.

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