Our recommendation: Moneycorp
We tested & reviewed 5 money transfer providers offering money transfers from Nigeria to Gambia, and Moneycorp scored highly.
In total, Moneycorp appeared in 46.7% of Nigeria to Gambia searches, and was the top rated company supporting transfers between NGN and GMD.
For a great mix of cost, speed & features, we recommend making your Nigeria to Gambia transfer using Moneycorp.
How to get the best deal on your Nigeria to Gambia money transfer
Understanding Nigeria to Gambia money transfers
Comparing providers when sending money from Nigeria to Gambia is the easiest way to make a transfer at the best price.
We’ve compared 5 providers for sending Naira to Gambia. This ensures you will get the best options for your transfer to Gambia from Nigeria.
We rate Moneycorp as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Nigeria to Gambia.
Cheapest way to transfer money from Nigeria to Gambia: Moneycorp
Data collected over the past six months shows that Moneycorp is 0% cheaper than the second-best option.
This includes an average transfer fee of 0* NGN an exchange rate for buying Dalasi with Nairas that is 2% different to the mid-market rate.
If you want to secure the best rates on transfers from Nigeria to Gambia, Moneycorp will result in the most Dalasi received.
*The most common fee applied to NGN-GMD by Moneycorp, based on data from the past six months.
Fastest way to transfer money to Gambia from Nigeria: Moneycorp.
Through our data, we found Moneycorp to be the fastest option for sending money from Nigeria into Dalasi in 87.5% of occasions. For fast NGN to GMD money transfers, Moneycorp comes highly recommended.
Nigeria to Gambia transfers with Moneycorp have an average fee of 0 NGN.
To test that Moneycorp was the 'fastest' option we compared 5 providers. With this, we compared overall speed of sending money from Nigeria to Gambia made up of depositing Nairas, to a money transfer account and transfer times to Gambia.
When sending at speed is a priority, Moneycorp is our recommended choice for sending into Gambia from Nigeria.
Transferring large sums of money
Of the 5 money transfer companies tested, Moneycorp is the strongest option for large transfers from Nigeria to Gambia.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Nigeria to Gambia can become expensive through your bank or with the wrong provider.
Moneycorp is our choice for sending large sums of money to NGN because they offer a strong all-round product.
Understanding the cost of sending money from Nigeria to Gambia
Ensuring a strong combination of fees and exchange rates ensures the best deal on money transfers from Nigeria to Gambia.
The Mid-Market and Exchange Rates: Finding a provider as close to mid-market rate as possible will ensure more Dalasi for your Naira. The current NGN-GMD mid-market rate is 0.0463 GMD per Naira.
This rate changes regularly so it can pay to track it. For comparison, the NGN-GMD mid-market rate for the past three months has averaged 0.0428 GMD per Naira, with a low of 0.0411 and a high of 0.0457.
Moneycorp is currently offering the best exchange rate from the 5 companies compared.
Often the NGN-GMD exchange rate you pay is the biggest cost factor when transferring Nairas to Gambia.
Fees: Money transfer fees are charged on top the exchange rate and can be set, or a percentage of the total amount of Naira you’re sending to Gambia. Moneycorp currently has the lowest fees for transfers into GMD at an average of 0 NGN over the last 6 months. We always recommend searching for your exact send amount for an exact fee.
Amount Received: The amount received in Dalasi is the biggest indicator of the total cost of sending money to Gambia from Nigeria. The bigger the amount received in Gambia, the lower the overall cost of sending from Nigeria.
How to find the best exchange rate for Naira to Dalasi
Timing is essential for sending money between NGN and GMD. The exchange rate you secure impacts how much GMD you get for your NGN.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from NGN to GMD has seen some fluctuation. On average, it stood at 0.0428.
During this period, the highest value recorded was 0.0457, while the lowest was 0.0411.
Moneycorp, which is our recommended service to send money online from Nigeria to Gambia offers an exchange rate that is only 2% above the mid-market rate.
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Payment options for transfers from Nigeria to Gambia
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Gambia and Nigeria.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Nigeria to Gambia.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send NGN to GMD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.