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Compare ways to send money from Guyana to Nigeria

Find money transfer deals for sending money from Guyana to Nigeria. Compare the cheapest, fastest, and most reliable providers with the best GYD to NGN exchange rates.

Read on for the best deals, expert information, and easiest ways to send money to Nigeria from Guyana.

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Overall best way: Moneycorp

Moneycorp is our recommended company for transferring Guyan Dollar to Nigeria.

We tested & reviewed 4 transfer providers, and Moneycorp scored highly.

In the last six months, Moneycorp appeared in 78.3% of Guyana to Nigeria searches, and was the top rated company supporting payments Guyana into Naira.

So for a great mix of cost, speed & features, make your Guyana to Nigeria transfer using Moneycorp.

How to get the best deal on your Guyana to Nigeria money transfer

Summary of recent searches

Top rated for transfers from Guyana to Nigeria
Moneycorp
Total number of GY - NG providers
4
Average cheapest fees & rate
Moneycorp
Average fastest transfer
Moneycorp
Average transfer time
Within minutes
Best for bank transfers
Best for debit card
Instarem
Best for credit card
Instarem

Understanding Guyana to Nigeria money transfers

1
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 4 providers for sending Guyan Dollar to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Guyana.

We rate Moneycorp as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Guyana to Nigeria.

2
Get ahead of the Guyan Dollar-Naira exchange rate
3
Choosing the right payment method
4
Financial regulators in Guyana and Nigeria
5
Consider transfer limits
6
Receiving money in Nigeria
7
Have your ID ready
8
Tax declarations

Cheapest way to send money to Nigeria from Guyana: Sokin

Sokin combines the lowest fees with the best exchange rate and from the 4 companies compared offers the cheapest transfers to Nigeria from Guyana.

Data collected through our comparison over the past six months shows that Sokin is 0% cheaper than the second-best option.

The cost is made up of an average fee of 0* GYD and an exchange rate for buying Naira with Guyan Dollar that is 0.5% different to the mid-market rate.

If you want to secure the best rates on a Guyana to Nigeria transfer, Sokin offers value. We would still recommend searching for the amount you want to send to Nigeria.

*The most common fee applied to GYD-NGN by Sokin, based on data from the past six months.

Fastest money transfers from Guyana to Nigeria: Moneycorp.

Of the 4 money transfer companies tested, Moneycorp offered the quickest way to send Guyan Dollars to Nigeria.

Through our comparison, we found Moneycorp to be the fastest option to transfer money from Guyana to Naira in 90% of instances.

Over the last six months, sending money from Guyana to Nigeria through Moneycorp have an average fee of 0 GYD.

Moneycorp was one of 4 money transfer providers we compared for overall speed of sending money from Guyana to Nigeria. This speed test included depositing Guyan Dollars to an account and the average timeframe for sending money to Nigeria.

When fast transfers are a priority, Moneycorp is our best choice for sending from Guyana to Nigeria.

Sending large amounts of money

Transferring Guyan Dollar to Naira in large sums calls for a strong exchange rate and hands-on management of the transfer.

Of the
4 companies compared, Moneycorp 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 Moneycorp 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 7.4243 NGN per Guyan Dollar.

The GYD-NGN average exchange rate for the past three months has been 7.5344 NGN per Guyan Dollar, with a high of 8.1039 and a low of 6.9861.

When looking to send money, we'd recommend Sokin. On average Sokin is 2% away from the average mid-market rate. Fees may be added on top, but they're still the cheapest provider on average from GYD to NGN.

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.

Mid-market Rate
1
= 7.424318 NGN

The recent mid-market rate trends are:

  • Over the past six months, the mid-market rate from GYD to NGN was 7.5344.

  • During this period, it hit a high of 8.1039, and a low of 6.9861.

  • Moneycorp, which is our recommended service to send money online from Guyana to Nigeria offers an exchange rate that is only 2% 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 Sokin 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. 



    Sokin is the best money transfer provider for bank transfers of the 4 we compared when sending GYD to Nigeria.

    With an average fee of 0 GYD to transfer money from Guyana to Nigeria, Sokin 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 Instarem.


    Instarem is a leader in debit card money transfers from Guyana to Nigeria. They are the best option of the 4 transfer companies compared.

  • Credit cards

    When it comes to credit card transfers from Guyana to Nigeria, Instarem is the top choice of the 4 companies offering this service.

    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 document.

Money transfer company reviews

How much money can be transferred from Guyana to Nigeria?
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Can I send money from Guyana to Nigeria with MoneyTransfers.com?
What are the typical transfer fees for sending Guyan Dollars to Nigeria through various providers?
How long does it take to send money from Guyana to Nigeria?
What is the best exchange rate I can get for sending money from Guyana to Nigeria?
Are there any minimum or maximum transfer amounts for sending money from Guyana to Nigeria?
Can I schedule regular transfers between Guyana and Nigeria?

Contributors

Keith Hodges
Keith is an experienced Content Specialist with a rich background in both marketing and journalism within the financial sector. At MoneyTransfers.com, Keith plays a pivotal role in driving the business forward and broadening its reach in various international money transfer markets. His expertise is a key factor in the company's expansion and success.
Luke Eales
Luke is CEO at MoneyTransfers.com, with 10 years' experience building consumer products in finance, insurance & travel. Luke focuses on the payments sector and foreign exchange markets, as well as personal finance more broadly.