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Send money from Guyana to Nigeria
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
"If you and the person you are sending money to both have PayPal apps, you can quickly and easily send money between each other."
Alternative for Guyana to Nigeria
While you can’t send GYD to NGN with Wise, you can transfer USD to USD.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
The best way to send money from Guyana to Nigeria is using PayPal P2P transfer service.
With P2P transfers, if you and your recipient both have the PayPal app, you can send money between them.
You will initiate the transfer in GYD and your recipient will receive the NGN into their PayPal account.
The downside of this, is that PayPal charges higher fees and the withdrawal options can be limited depending.
How to get the best deal on your Guyana to Nigeria money transfer
Always compare rates
Don't pay more than you have to. Use our live comparison tool to get the best exchange rates on sending money from Guyana to Nigeria.
Choose a provider
Select the provider that offers you the best value and timeframes for transfers between Guyana and Nigeria.
Click, sign up & send
Follow the steps & make your transfer to Nigeria. Your funds will be sent from Guyana and converted into Naira.
Summary of recent searches
Understanding Guyana to Nigeria money transfers
Comparing providers
Comparing providers when sending money from Guyana to Nigeria is the easiest way to make a transfer at the best price.
We’ve compared 3 providers for sending Guyan Dollar to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Guyana.
We rate Western Union Agent as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Guyana to Nigeria.
Get ahead of the Guyan Dollar-Naira exchange rate
Choosing the right payment method
Financial regulators in Guyana and Nigeria
Consider transfer limits
Receiving money in Nigeria
Have your ID ready
Tax declarations
The cheapest way to send money to Nigeria from Guyana is to send cash via Western Union Agent.
Generally speaking, sending cash is more expensive than using the online transfer, however, after looking at 100+ money transfer companies, there aren’t many options servicing GYD/NGN.
The main cost is made up of the fee (around 3 GYD) and the exchange rate markup added on top.
However, this heavily depends on which branch you use, and how much GYD you are sending.
The fastest way to send money to Nigeria from Guyana is to use cash transfer via MoneyGram Agent
In most cases cash transfers with MoneyGram are instant, and your recipient will be able to collect NGN in minutes.
However, depending on how much you send, it can take a bit longer (up to a day) due to the processing time.
With the limited number of money transfer companies servicing GYD/NGN, cash transfer with MoneyGram is the fastest way.
Sending large amounts of money
Of the 3 companies compared, Western Union Agent has the strongest option for large transfers from Guyana to Nigeria.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Guyan Dollar to Naira.
The Western Union Agent rate makes them great for large transfers between Nigeria and Guyana.
Understanding the costs involved when moving money from Guyana to Nigeria
When calculating the costs of money transfers between Guyana and Nigeria, here's what really matters:
The Mid-Market Rate: Today, the GYD-NGN mid-market rate equals to 6.9444 NGN per Guyan Dollar.
The GYD-NGN average exchange rate for the past 7 days has been 6.9113 NGN per Guyan Dollar, with a high of 6.9522 and a low of 6.8912.
Fees may also be added on top, and usually vary depending on how much GYD you are sending to Nigeria.
For the best combination of rates and fees, we suggest using Western Union Agent.
For a $52,300 transfer to NG, they charge $3 with a small markup of 5%. This is 0% cheaper than the next cheapest option.
Getting best exchange rate for sending Guyan Dollar to Naira
Timing is essential when tracking the mid-market rate between GYD and NGN. The end exchange rate you secure impacts how much NGN you get for your GYD.
The recent mid-market rate trends are:
Over the past 7 days, the mid-market rate from GYD to NGN was 6.9113.
During this period, it hit a high of 6.9522, and a low of 6.8912.
Western Union Agent, which is our recommended service to send money online from Guyana to Nigeria offers an exchange rate that is only 5% above the mid-market rate.
Want to secure the best GYD-Naira exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Guyana to Nigeria!
Payment options for transfers from Guyana to Nigeria
Bank transfers
Bank transfers are often the fastest and cheapest way to send money from Guyana to Nigeria.
Using a money transfer company such as Western Union Agent for payments from Guyana to Nigeria, means you can send via a bank transfer and benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
Western Union Agent is the best money transfer provider for bank transfers of the 3 we compared when sending GYD to Nigeria.With a fee of 3 GYD to transfer money from Guyana to Nigeria, Western Union Agent offers a great combination of competitive exchange rates and lower fees.
Prepaid and debit cards
Sending money with a debit card from Guyana to Nigeria is easy with Western Union Agent.
Western Union Agent is a leader in debit card money transfers from Guyana to Nigeria. They are the best option of the 3 transfer companies compared.
Credit cards
Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone.
We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.
Fee alert: using a credit card to transfer money internationally often results in a fee being charged by your card issuer. That's why we recommend bank transfer or debit card instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Guyana.
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 Guyana to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GYD to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
Money transfer company reviews
